- #BITTORRENT WALLET UTORRENT#
- #BITTORRENT WALLET DOWNLOAD#
Alternatively, BTT can always be bought on a cryptocurrency exchange and sent to a wallet for use. Seeders will need to set up their wallet before they can earn or spend tokens.
#BITTORRENT WALLET UTORRENT#
Tokens are awarded for uploading torrents (seeding) with a compatible client, like uTorrent Classic or BitTorrent Web. Buying vs earning: BTT is relatively simple to earn.
#BITTORRENT WALLET DOWNLOAD#
If you plan on using the BTT token for torrenting, make sure to only download files you have permission to.
Legal: Torrenting is not illegal, but torrenting files (like Hollywood films) without the permission of the copyright owner is. The success of BTT is connected to the sometimes controversial BitTorrent protocol as well as the Tron blockchain, which means you should keep a few things in mind before buying BTT. This varies between exchanges though, so you will need to search for BTT on the spot market to see what cryptocurrencies it can be traded for.ĭisclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. Cryptocurrency: You can usually purchase BTT by trading it for another cryptocurrency like Bitcoin or a stablecoin. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase. Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'. Here are popular deposit methods to buy BTT on the following exchanges: Exchange You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Once you've created an account, you will need to deposit funds to buy BTT with. This will increase the security of your account and help keep your funds safe. Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. So if you are planning on purchasing BTT with your local currency then you will need to pass KYC. Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill. This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.Īn increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading BitTorrent. 
To create an account on any cryptocurrency exchange you will need an email address.
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