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: 61.18%(+0.24%/24h)
ETH Dominance: 11.47%(-0.34%/24h)
Defi Market Cap: $128.03B(+1.06%/24h)
Total Market Cap: $3692.87B(-1.80%/24h)
Total Trading Volume 24h: $197.48B(+12.20%/24h)
ETH Market Cap: $423.48B
Defi to ETH Ratio: 30.23%
Defi Dominance: 3.4%
Altcoin Market Cap: $1433.54B
Altcoin Volume 24h: $112.74B
Total Cryptocurrencies: 35496
Active Cryptocurrencies: 9482
Active Market Pairs: 106771
Active Exchanges: 834
Total Exchanges: 10796
BTC: 113511.9$(-0.11%/1H)
ETH: 3510.83$(0.5%/1H)
AVAX: 21.67$(0.23%/1H)
BNB: 763.62$(0.28%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.72$(0.49%/1H)
DOT: 3.58$(0.34%/1H)
UNI: 9.08$(-0.07%/1H)
CAKE: 2.59$(0.12%/1H)
SUSHI: 0.78$(0.66%/1H)
ONE: 0.01$(0.6%/1H)