BitTorrent is a cryptocurrency that aims to tokenise the decentralized file sharing protocol with their digital currency which was launched in February 2019. BTT is a TRC-10 utility token based on the Tron blockchain that could allow content creators to connect with their audience, earn and spend cryptocurrency without a any intermediary. The BitTorrent airdrop for Tron (TRX) holders is scheduled to last for the next 6 years.
The free BitTorrent airdrop started on February 11, 2019 and will go on for the next 6 years till February 11, 2025. This month’s airdrop is scheduled to take place on March 11, 2019. Tron snapshot will be taken by 00:00 UTC on the 11th of March 2019, and BTT tokens will be subsequently airdropped to various Tron holders at the time of the snapshot.
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In the period leading to the BitTorrent airdrop to Tron holders last month, the value of Tron cryptocurrency recorded a slight price spike and it is expected to follow the same path during this month’s airdrop. If you are planning to invest in Tron during this period on Binance exchange, it is important that you reconcile the 00:00 UTC time with your timezone so that you can sell off once the snapshot is taken.
Step-by-Step Guide to Participate:
First snapshot occurred when the TRON’s block height reached 6.6 million on February 11th 2019.
The airdrop started on February 11, 2019 with an initial airdrop supply of 10,890,000,000 BTT.
Starting from March 11, 2019 — February 11, 2020 a total of 990,000,000 BTT will be airdropped every month to all Tron holders.
This will continue till February 11, 2025 with different airdrop value being airdropped every month. Check here for additional information.
Tron tokens that are pending deposit or withdrawal at the time of each snapshot will not count towards your Tron balance. Please ensure you leave sufficient time for deposits and withdrawals to complete prior to the snapshot.
In supported exchanges, TRX balances under 100 TRX (including those in trade orders) will not be eligible for the airdrop.
An additional 99,990,000,000 BTT will be airdropped to longtime TRX holders through online and offline events.
The airdropped BTT tokens will be distributed automatically to all Tron holders every month. There is no manual claim action required.
The following wallets and exchanges have pledged to support the BitTorrent airdrop to Tron holders: Kucoin, Binance, OKEx, TrustWallet, Bitpie, Cobo, Bibox, Cointiger, ABCC, WazirX, Atomicwallet, DragonEx, CoinEgg, Coinsuper, Bitrue, FCoin, Bit-Z, Tronscan, Huobi, Bithumb, UPbit, gate.io, MBAex, Vena Pi, Livecoin, Ellipal, BitForex, Atomicwallet, Tokenomy.
For more information including all future airdrop dates see this Medium article.
Note: This is not an investment advice. Investment in cryptocurrencies is very risky. Do your own research before investing as mntrends will not be held responsible for any loss.