There is no denying that all our favorite digital assets are in the red, save for a few such as Maker (MKR) and NEM (XEM). The latter two digital assets are currently exhibiting 4.34% and 3.94% in 24 hour gains at the moment of writing this. Further checking the market performance of BitTorrent (BTT), we find that the token has somewhat survived the ongoing market meltdown. BTT is currently valued at $0.000965 (27 Sats) and has declined in value by 4.34% in the last 24 hours.
BTT/XRP Trading Pair
It is amazing that the BTT token sale that started and ended on the 28th of January happened less than 3 weeks. In that short time period since the sale, a lot of developments have happened surrounding the token that aims at incentivizing seeding and bandwidth usage on the BitTorrent network.
One such development is the addition of the BTT/XRP trading pair on Bitrue. The exchange has continually embraced XRP as a base currency on its exchange. At the moment of writing this, 27 digital assets are paired with the remittance coin. The tweet making the announcement of the new BTT pair can be found below.
— Bitrue (@BitrueOfficial) February 13, 2019
More Listings for BTT
Late last week, Justin Sun had promised the Tron and BitTorrent communities of new listings of BTT on prominent exchanges.
— Justin Sun (@justinsuntron) February 10, 2019
True to his word, the list of exchanges listing BTT has continued to increase with time and after the airdrop this past Monday. BitTorrent Inc. has provided the following official list of exchanges that support active trading of the token.
- Bittrex International
- TRX Market
More BTT Stablecoin Pairs on Binance
In the case of Binance, the exchange has added the following BitTorrent trading pairs.
BitTorrent Card Powered by GRID
Not so long ago, BitTorrent Inc. informed the crypto community of the pending release of a BitTorrent Card that will be powered by GRID. The tweet can be found below.
— BitTorrent Inc. (@BitTorrent) February 13, 2019
GRID is a prepaid solution for buying, holding and gifting Tron (TRX). The card acts like a traditional pre-paid card and will soon be supporting BTT. The service by GRID has no fees, is anonymous and secure. Users can also recover their funds if the card is lost.
What are your thoughts on the recent progress of the BitTorrent token in the crypto markets as well as additional support for BTT by exchanges? Is this the beginning of greatness for the token? Please let us know in the comment section below.
Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.