28% of 990B old BTT burned, how to swap to BTT

After the launch of BitTorrentChain and the BitTorrent (BTT/USD) redenomination plan, the community took part in the BTT redenomination plan and burned 279,059,038,383 BTTOLD, BitTorrent tweeted. BTT, the 53rd biggest coin by market cap, was up by just under 13% at the time of writing.  

Swapping scenarios

To exchange BTTOLD to BTT, you need to check where you hold your BTTOLD first. It’s either in a wallet or on an exchange. If your BTTOLD is on an exchange that supported the redenomination plan, like Gate.io, it will be exchanged automatically and you don’t need to do anything.

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If it didn’t support it, you need to exchange on the BitTorrent Chain website after withdrawing BTTOLD to TronLink Wallet.

TronLink also used for BTTOLD held in a wallet

If you hold BTTOLD in a decentralized wallet, you need to deposit it on an exchange and then withdraw it to TronLink wallet. The last step is the exchange on the BitTorrent Chain website.

Someone who has BTTOLD on BSC would need to take the following steps:

• Deposit BTTOLD(BEP20) to Binance.com
• Withdraw BTTOLD as BTTOLD(TRC20) from Binance.com to TronLink wallet
• Swap BTTOLD on BitTorrent Chain website

Exchanging BTTOLD for BTT via TronLink

The following steps are taken:

• Add TronLink to Google Chrome extensions
• Click “Swap BTT” on https://bt.io, and click “Connect to wallet”
• Enter the amount of BTTOLD you’d like to swap
• Sign and approve the action in your wallet

About BitTorrent

BitTorrent, Inc. is a consumer software company based in San Francisco. Its protocol is the largest decentralized P2P network in the world, driving 22% of upstream and 3% of downstream traffic globally.

BitTorrent and µTorrent, its flagship desktop and mobile products, enable users to send large files over the internet, connecting users with legitimate third-party content providers. With over 100 million active users, BitTorrent products have been installed on over 1 billion devices in over 138 countries worldwide.

TRON (TRX/USD), Binance (BNB/USD), and Bitcoin (BTC/USD) holders have had the option to buy one-year subscriptions of BitTorrent or µTorrent products since November 2018. These include Ads Free and Pro for Windows.