BitTorrent Token’s (BTT) price spikes by >50% as it gets listed on KuCoin
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- The BitTorrent Token is experiencing incredible growth despite the overall bearishness of the crypto market. It is nearly six times its ICO value right now.
- Exchange platform KuCoin has enlisted the BTT/BTC and BTT/ETH trading pairs.
BitTorrent Token, one of the newest project’s running on Tron, has experienced 50% growth in its value in the last 24 hours. KuCoin listed the BTT token on Sunday, February 3rd, by tweeting:
“BitTorrent (BTT) is now on KuCoin, you can deposit now. Supported trading pairs include BTT/BTC and BTT/ETH. Buying starts Feb 3, 2019 at 17:30 (UTC+8), selling starts Feb 3, 2019 at 18:00 (UTC+8) and withdrawal opens Feb 3, 2019 at 22:00 (UTC+8).”
The BTT token will incentivize BitTorrent client users to seed and share their bandwidth, to enable faster and more efficient downloads. As the BTT whitepaper states:
“The introduction of this feature will solve problems within BitTorrent as well as prove the effectiveness of using blockchain-based rewards for provision of infrastructure services in small increments across a very large installed base.”
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