Most importantly, we will never request your BTT private key or recovery phrase.įinally, if you have a customer support inquiry, please note that we currently do not provide support via Twitter. BitTorrent representatives will never request personal information from you other than what is needed, such as your email address, to answer your inquiry. Medium: WeChat (customer service): BTTService02Īs always, please do not share your personal information with anyone online, including your private key or your recovery phrase. A full list of key communication channels include: This is applicable for both BitTorrent and the exchanges where BTT is available. When seeking BTT news and information, interact with official, verified, accounts only. When looking for information about products leveraging the BitTorrent ecosystem, please make sure you start your search from our official websites listed below: Sign and approve the action in your wallet. Enter the amount of BTTOLD you would like to swap.ĥ. Click “Swap BTT” on, and click “Connect to wallet”.Ĥ. Add TronLink to Google Chrome extensions.ģ. How do I swap BTTOLD to BTT via TronLink?Ģ. Then swap them on the BitTorrent Chain website. If your BTTOLD is held on decentralized wallets, you need to deposit your BTTOLD to your preferred exchanges and withdraw them to TronLink wallet. If your exchanges do not support the BTT redenomination plan for now, you need to withdraw your BTTOLD to TronLink Wallet, and then swap them on the BitTorrent Chain website. All transactions initiated on a third party platform are subject to and governed by the Terms and Conditions of the respective platform. PLEASE NOTE: While the issuers of BTT have worked with many exchanges to streamline the redenomination process, BitTorrent makes no representation or warranties regarding the specific redenomination procedures of the respective independent exchanges. If your exchange has not provided any information, please reach out to them directly. Please find your exchange below and follow their instructions. There are two scenarios:ĭepending on where you exchange, there may be different procedures to swap BTTOLD to BTT. Swapping depends on where you hold your BTTOLD. The contracts to swap the old tokens for the new tokens will be effective permanently and users can swap at any time. If you have not swapped your tokens by January 12, 2022, nothing will happen, and they will remain as BTTOLD until they are exchanged. Your tokens will not go anywhere and BTTOLD and BTT will continue to be supported. What will happen to my tokens after the redenomination?Īfter the redenomination, your tokens will become BTTOLD. Extremely low transaction fees (<$0.01 on estimated average) eliminate the headache of paying exorbitant transaction fees Proven security of mainchain and multi-node validation work together to safeguard every transaction The underlying protocol adopts the PoS consensus mechanism, which speeds up transactions, with an average block time between 2 to 3 seconds The new BTT token, is interoperable between Tron, Ethereum, and BSC networks There are four main reasons for doing a redenomination. What are the Benefits of the redenominating BTTOLD? The BTT tokens will be upgraded from TRC10 to TRC20, and the new BTT will be issued as TRC20 tokens on the TRON mainnet and mapped to the BTTC mainnet. To redenominate BTTOLD, the total supply of the tokens will be increased from 990,000,000,000 to 990,000,000,000,000, with the market cap unchanged. Note that on Binance, the new BTT will be called BTTC. The existing BTT will be renamed as BTTOLD whereas the new token will be named BTT. During the redenomination, BTT will maintain its current market cap, and swap the old TRC10 BTT token with the new TRC20 BTT token at a ratio of 1:1000. BitTorrent Chain enables interoperability with the public chains of Ethereum, TRON, BSC and others, while driving faster and more secure transactions and lower transaction fees. The BTT Redenomination is an upgrade of the BTT token to a faster, better blockchain technology. Your tokens will not go anywhere and we will continue supporting both BTTOLD and BTT until you make the swap. First, it’s important to note that the redenomination has no impact on the location of your tokens. With that, many BTT holders have asked about the BTT redenomination plan and the swap from BTTOLD to BTT. Since BitTorrent Speed and BTT was introduced into BitTorrent’s Windows and Mac-based products, millions of users have enjoyed the benefits of a speedier downloads and a healthier peer-to-peer network.
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