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

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