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: 57.49%(-0.01%/24h)
ETH Dominance: 14.35%(-0.10%/24h)
Defi Market Cap: $158.57B(+17.39%/24h)
Total Market Cap: $3861.71B(-2.93%/24h)
Total Trading Volume 24h: $214.75B(+62.18%/24h)
ETH Market Cap: $553.95B
Defi to ETH Ratio: 28.63%
Defi Dominance: 4.02%
Altcoin Market Cap: $1641.72B
Altcoin Volume 24h: $137.42B
Total Cryptocurrencies: 35847
Active Cryptocurrencies: 9535
Active Market Pairs: 107537
Active Exchanges: 841
Total Exchanges: 10906
BTC: 111457.54$(-0.4%/1H)
ETH: 4588.3$(-0.94%/1H)
AVAX: 24.24$(-1.85%/1H)
BNB: 858.91$(-0.64%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.87$(-1.45%/1H)
DOT: 3.91$(-1.75%/1H)
UNI: 10.33$(-1.36%/1H)
CAKE: 2.64$(-0.95%/1H)
SUSHI: 0.79$(-1.76%/1H)
ONE: 0.01$(-1.31%/1H)