Bitfinex to Support BitTorrent (BTT) Token Swap and Redenomination

Published on: 26.01.2022

Bitfinex will support the upcoming BitTorrent (BTT) token swap and redenomination on 28th January 2022. Trading, deposits, and withdrawals of BTT will be paused from 28/01/22 at 10:30 AM UTC. As all open orders will be canceled at that time, users are reminded to close their BTT positions before this date.

During the token swap, the old BTT (TRC-10) tokens stored on the Bitfinex platform will be converted to the new BTT (TRC-20) tokens and redenominated at a ratio of 1:1000. Bitfinex users do not need to take further action.

Please be advised that Bitfinex will only support BTT (TRC-20) after the migration. Users are advised not to deposit BTT (TRC-10) once the migration is complete.

Trading, deposits and withdrawals of BTT (TRC-20) will resume when the token swap and redenomination are complete. Please refer to our further announcements on the resumption time of these services.

ABOUT BitTorent
Founded with a leading peer-to-peer sharing technology standard in 2004, 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.

ABOUT Bitfinex
Bitfinex’s mission is to give users the ultimate cryptocurrency trading experience

RESOURCES
Bitfinex Announcement

Market Stats:
BTC Dominance: 62.53%(+0.22%/24h)
ETH Dominance: 9.2%(-0.09%/24h)
Defi Market Cap: $105.33B(-15.61%/24h)
Total Market Cap: $3271.42B(-0.86%/24h)
Total Trading Volume 24h: $110.28B(-17.53%/24h)
ETH Market Cap: $301.59B
Defi to ETH Ratio: 34.93%
Defi Dominance: 3.1%
Altcoin Market Cap: $1225.71B
Altcoin Volume 24h: $66.13B
Total Cryptocurrencies: 34540
Active Cryptocurrencies: 9806
Active Market Pairs: 101999
Active Exchanges: 818
Total Exchanges: 10433
BTC: 102974.15$(-0.48%/1H)
ETH: 2491.22$(-0.8%/1H)
AVAX: 22.58$(-1.83%/1H)
BNB: 640.56$(-0.74%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.75$(-1.5%/1H)
DOT: 4.66$(-1.83%/1H)
UNI: 5.92$(-1.81%/1H)
CAKE: 2.21$(-1.88%/1H)
SUSHI: 0.71$(-1.99%/1H)
ONE: 0.01$(-1.46%/1H)