On February 22, tomorrow, the Singaporean digital asset trading platform Digifinex will be listing BTT token which is based on TRON blockchain. TRON’s CEO Justin Sun announced the important news on his official Twitter page. Sun also made it known through his tweet that the trading pairs: BTT/BTC and BTT/USDT will be made available at 12:00 on Feb 22, 2019.
TRON CEO tweeted:
Earlier, the exchange noted that it has taken screenshots of all TRX holders with a block height of 6600000 and also promised to hold an airdrop of BTT tokens among TRX holders within five working days. Digifinex has advised TRX holders to take note of their increased assets within this period.
It is important to know that in the CoinMarketCap.com ranking, Digifinex holds the third place in terms of trading volume which is 574,629,499 USD at the time of writing.
Lately, TRON’s BTT token has been getting lots of attention across many digital exchange platforms in the world today. Last month, notable crypto exchange platforms Bitfinex and Binance listed BTT tokens, and let’s not forget that BTT token works on TRON’s network. Its listing on the aforesaid platforms followed lots of airdrops for individuals who own TRX tokens.
The Singaporean exchange platform recently introduced other tokens on its platform such as ONG (Ontology Gas) and Unification (UND), in which it offered 5000 ONG worth of rewards for ONG investors during its airdrop.
At the time of writing, BTT token is green and with a market value of $0.000980 and a market capitalization of $87.80 according to coincodex.com. Over the past few weeks, its value surged by more than 4%.
More information on TRON’s BTT token
TRON’s blockchain powers BTT tokens which also operates on TRC-10 protocol. It was also built to work easily with the BitTorrent network which has more than 100 million users worldwide.
Subsequently, the primary goal of BitTorrent token is to simplify and efficiently improve the sharing of files and other vital information among BitTorrent users. The BitTorrent network itself has users (peers) that help in the sharing of critical documents.
TRON is planning to have an airdrop which follows a series of monthly airdrops that will run till February 2025. The longest airdrop in the history of crypto markets.
It is necessary also to note that, at the moment, TRON has 990 billion BitTorrent tokens and has labeled 10.1% for airdrops to TRX holders for the next six years or so. According to TRON, this airdrop will grow as time goes on.
Additionally, TRON is planning to have a new facet tagged “BitTorrent Speed” to increase the use of BitTorrent among its users. That has to do with BitTorrent users accessing files at a breakneck rate when they make BTT payments among themselves.
It implies that BitTorrent users who share files (seeds) can earn more BTT Tokens for making data available for peers. This project aims to reward financial incentives to seeds on the BitTorrent network.
Image courtesy of Pixabay.
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