How to buy BitTorrent (BTT) in Australia

A beginner's guide to buying and selling BTT in Australia.

BitTorrent
BTT- USD
STORAGE
$0.0038
+ $0.0001 ( + 2.90%)

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How to buy BitTorrent

Look for an exchange that supports both fiat and cryptocurrency to simplify buying BitTorrent.

  1. Open an account on an exchange that supports BTT.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy BitTorrent.
  3. Buy BitTorrent.
    Complete your BitTorrent purchase and then find the best wallet to store BTT.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is BitTorrent?

BitTorrent is one of the most famous peer-to-peer protocols on the internet, used to transfer files between users around the world in a process known as "torrenting", with an estimated 250 million monthly users. It is somewhat notorious thanks to its involvement in sharing pirated material, despite being owned and operated by a legal entity, BitTorrent Inc – which is now owned by blockchain platform TRON. The BitTorrent Token (BTT) is a relatively new addition to the network, used for purchasing a faster download speed on the network. Seeders (the name given to people who upload files) can then earn BTT which is meant to incentivize increased activity and bandwidth on the network. It operates on top of the Tron blockchain as a TRC-10 token.

BitTorrent (BTT) is the 66th largest cryptocurrency in the world by market cap, valued at $2,484,656,395. The current price of BitTorrent is $0.00376493, which is 0.000% lower than yesterday. Prices have ranged between $0.00379743 and $0.0036364 over the past 24 hours. All prices are listed in US dollars and accurate as of October 26, 2021 11:10 UTC.

Where to buy BitTorrent

Find an exchange to buy, sell and trade BTT by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID
AUD

308
cryptocurrencies

CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 290 cryptos.
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID
AUD, NZD

284
cryptocurrencies

Finder Exclusive: Receive $10 BTC on Sign up and Verification.
Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
Binance Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Osko, PayID
USD, AUD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH & 40+ more

272
cryptocurrencies

Promo: New users earn up to USD 100 in bonus rewards on qualified deposits and trades. Valid till 31 December 2021. T&Cs apply.
Binance is the world’s largest exchange by trading volume. Get started with instant zero fee AUD deposits and withdrawals in Australia, and enjoy low trading fees, a wide selection of cryptocurrencies and 24/7 local customer support.
Coinstash Cryptocurrency Exchange
Coinstash Cryptocurrency Exchange
Bank transfer, Cryptocurrency, PayID, Bank transfer (recurring buy), OSKO
AUD

123
cryptocurrencies

Buy 120+ different cryptocurrencies using AUD with competitive trading fees in the Australian market.
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

434
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

820
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
OKEx Cryptocurrency Exchange
Bank transfer, Cryptocurrency, iDEAL, PayPal, POLi, SEPA, Faster Payments (FPS)
USD, CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP & 20+ more

272
cryptocurrencies

Promo: Earn US$10 in BTC when you refer a friend and they purchase $100 of cryptocurrency. T&Cs apply.
Listing over 100 cryptocurrencies, OKEx offers its users a variety of payment methods and coins to choose from.
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Compare up to 4 providers

Is it a good time to buy BitTorrent?

The technical analysis gauge for BitTorrent displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of BitTorrent based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of BitTorrent: moving averages, oscillators and pivots. Finder is not responsible for how BTT performs.


BitTorrent at a glance

Information last updated October 26, 2021 11:10 UTC.
Coin symbol BTT
Coin Marketcap US$2,484,656,395
Total BTT supply 990,000,000,000
Circulating BTT 659,071,882,049
Current price US$0.00376493
Notable team members Justin Sun
Partnerships Huawei
Industry Decentralised file sharing
Token uses Utility token
Network Tron

BitTorrent price performance over time

Historical prices compared with the price of US$0.00376493.

1 hour 2.91%
24 hours 0.00%
7 days 0.56%
14 days 2.72%
30 days 5.01%
60 days -2.05%
200 days 14.82%
1 year -5.82%

How to sell BitTorrent

You can cash out your BTT with the same exchange you bought it through:

  1. Sign in to the exchange you have BTT on.
    If you store your BitTorrent in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of BTT you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of BitTorrent.

What to consider when buying BitTorrent

The success of BTT is connected to the sometimes controversial BitTorrent protocol as well as the Tron blockchain, which means you should keep a few things in mind before buying BTT.
  • Legal: Torrenting is not illegal, but torrenting files (like Hollywood films) without the permission of the copyright owner is. If you plan on using the BTT token for torrenting, make sure to only download files you have permission to.
  • Buying vs earning: BTT is relatively simple to earn. Tokens are awarded for uploading torrents (seeding) with a compatible client, like uTorrent Classic or BitTorrent Web. Seeders will need to set up their wallet before they can earn or spend tokens. Alternatively, BTT can always be bought on a cryptocurrency exchange and sent to a wallet for use.
  • Controversy: BitTorrent was purchased by the Tron Foundation in 2008, which manages development of the Tron blockchain. Tron is operated by Justin Sun, who has a history of controversy, mainly due to allegations that the Tron whitepaper is a copy of Ethereum's. Since being acquired by Tron, The Verge reported BitTorrent employees have raised concerns about the new direction of the company, especially into cryptocurrency.

Disclaimer: Cryptocurrencies, including BitTorrent, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of BTT is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the BitTorrent or any other cryptocurrency discussed.


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