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What is BitTorrent?

BitTorrent was a popular file-sharing platform in the early 2000s because of its peer-to-peer file exchange. Still, for the bulk of its early days, it had issues with monetizing the platform without compromising its ingenuity. Tron finally acquired it in 2019, and one of the first projects launched under the new owners was the Bittorrent token. The BitTorrent protocol improves the download speed of torrents and helps keep files available at all times. 

What is BitTorrent Token (BTT)?

While there is a free feature to keep users, those who want to increase their download speed or request files faster will need to acquire the BitTorrent coin and send them to the uploaders. At its launch in 2019, the BitTorrent token garnered over $7.2 million from the sale of 59.8 billion BTT tokens. The IEO involved a little under 1,000 people. It was so popular that Binance’s CEO apologized for some technical glitch from their end, which prevented the IEO sales from being concluded in 18 seconds. BTT has a market cap of $2.47 billion and a total supply of almost a trillion BTT tokens. 

Should you buy the BTT token?

BTT is a good token to buy, and much more, the whole crypto market being in bear territory makes for a more convincing reason to buy the token. BTT token is far from its all-time high, and its wide product range from the Bittorrent speed to BTFS makes for a rich ecosystem. 

How to get an instant BitTorrent loan

Don’t sell your BTT. Use it as collateral for an instant crypto loan and get up to 90% of your collateral’s value in a variety of currencies. We have BTT to USD loans, BTT to EUR loans, BTT to GBP loans, BTT to CHF loans, and stablecoin loans as well. Simply deposit BTT today, choose a loan plan – or create a custom one yourself – and you’ll receive up to 30,000 in a currency of your choice in seconds. 

How to borrow BitTorrent - How does it work?

With our Crypto-Backed Loan service, you can borrow BTC, USDT, USD, EUR, GBP, or CHF only. That means if you want to borrow BTT you first must convert one of the above to fiat and convert it to BTT using our exchange service. 

BitTorrent loan calculator

You can use our BTT loan calculator with different loan plans to find the best option for you. You can see all parameters on the form such as loan duration, price down limit, and loan repayment. If you want to loan BitTorrent, please check the calculator first to see which plan works best for you. 

BitTorrent lending process

BitTorrent lending is easy with YouHodler. Just open and verify your account, deposit your crypto to the wallet and use it as collateral for your future BTT loans.

It's worth trying! Forget selling your

BitTorrent

with instant crypto backed loans on YouHodler

If you would like to learn more about crypto credits, please continue to the app. Start boosting your crypto portfolio now with YouHodler's crypto lending, convert, buy and sell options.

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