Crypto exchange Binance has launched three trading pairs for the BitTorrent (BTT) token just days after 60 billion of the tokens were quickly sold out.
The hottest digital token today becomes available for trade in one of the biggest cryptocurrency exchanges in the virtual currency sector.
Binance has opened three new trading pairs for the BitTorrent token (BTT). Owners of Bitcoin (BTC), Tether (USDT), and Binance Coin (BNB) can finally acquire the sought-after BTT through trades.
— Binance (@binance) January 30, 2019
Days earlier, eager crypto investors flocked the BitTorrent token sale and bought almost 60 billion BTT in just half an hour.
According to Binance Launchpad, the platform where the BitTorrent tokens were launched, 23.76 billion BTT tokens were sold to BNB buyers in 13 minutes. Meanwhile, 35.64 billion BT were purchased using TRON (TRX) inside 14 minutes.
The demand for the token was so high that the Binance website experienced technical issues caused by a huge amount of web traffic.
Due to overwhelming demands, Tron team generously agreed to do a small airdrop for people who tried to place orders, but was not successful in buying. Exact numbers will be published soon.
— CZ Binance (@cz_binance) January 28, 2019
BitTorrent, the famous peer-to-peer file sharing application, was acquired by the Tron Foundation of Justin Sun on July last year. Since then, BitTorrent has moved to embrace the emerging blockchain technology with the help of the TRON smart contracts blockchain.
BTT token holders can be used “for allocation of upstream bandwidth” and for connecting content creators to their target audience, among other benefits.