TRON (TRX) has been registering excepcional growth over the last few days, growing faster than the rest of the top 10 cryptocurrencies by market capitalization. And it all seems to be related to the upcoming BitTorrent (BTT) airdrop. What is the TRON BTT airdrop, when will the airdrop happen and which exchanges are distributing the BTT tokens? Here you'll find all you need to know on the TRON BTT airdrop.
What is the Tron BitTorrent (BTT) airdrop?
BitTorrent and Tron have partnered to give birth to a TRON TRC-10 token, BTT. It will be used in the BTT platform to transact services and reward the use of computing resources by participating users.
To get the coin into circulation, TRON and BitTorrent plan to reward TRX holders with 10.1% of the circulating supply of the BTT, over several years to come, all the way up to 2025. The graph below shows the BTT management team plans for distributing their tokens:
When will the TRON BTT airdrop take place?
Per Justin Sun´s latest announcement, the TRON BTT airdrop will start on the 11th of February, 2019.
However, Binance users will have an earlier chance at bagging some BTT thanks to the Binance Launchpad platform, a project which the exchange led by Changpeng Zhao expects to see growing during this year.
The token sale (not airdrop) will start at 3:00 PM UTC on the 28th of January 2019, and each BTT token will be sold for the equivalent of 0.00012 USD. Payments in BNB or TRX seem to be the only option currently planned for the sale.
Who will receive BTT tokens after the airdrop?
Crypto users interested in receiving some BTT tokens free of charge should only attain by two conditions. The first, holding any amount of TRON (TRX). The second, is making sure those TRX tokens are stored in a wallet or exchange which supports the airdrop.
This is a list of all the exchanges and wallets that have announced their support for the airdrop in so far:
How many BTT tokens will this airdrop bring to TRON holders?
It has been announced that tokens will be issued on a one to one ratio, meaning that per each TRX held, one BTT will be received.