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: 60.65%(+0.02%/24h)
ETH Dominance: 8.66%(+0.06%/24h)
Defi Market Cap: $85.13B(+14.88%/24h)
Total Market Cap: $2806.12B(+3.09%/24h)
Total Trading Volume 24h: $104.88B(+48.92%/24h)
ETH Market Cap: $243.47B
Defi to ETH Ratio: 34.97%
Defi Dominance: 2.92%
Altcoin Market Cap: $1104.09B
Altcoin Volume 24h: $67.77B
Total Cryptocurrencies: 34121
Active Cryptocurrencies: 10541
Active Market Pairs: 102469
Active Exchanges: 813
Total Exchanges: 10225
BTC: 85810.8$(-0.02%/1H)
ETH: 2014.15$(-0.22%/1H)
AVAX: 19.17$(-0.34%/1H)
BNB: 627$(0.33%/1H)
MATIC: 0.22$(-0.13%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.73$(0.4%/1H)
DOT: 4.46$(0.25%/1H)
UNI: 6.82$(-0.29%/1H)
CAKE: 2.51$(-0.98%/1H)
SUSHI: 0.68$(0.12%/1H)
ONE: 0.01$(-0.11%/1H)