BitTorrent is a peer-to-peer file sharing protocol created by Bram Cohen in 2001, allowing users around the world to exchange files directly. In 2018 the TRON Foundation acquired BitTorrent, beginning its integration with blockchain technology.
The BitTorrent Token (BTT) was first issued in early 2019 through Binance Launchpad as a TRC-10 token on the TRON blockchain. Its goal was to add an economic incentive layer to the existing file sharing network.
BTT is a utility token designed to let users exchange resources such as network bandwidth and storage. Through its flagship feature, BitTorrent Speed, users can spend BTT for faster downloads, while those who share files earn tokens in return.
The project later introduced BTFS (BitTorrent File System), a decentralized storage system, and BitTorrent Chain (BTTC), a cross-chain network. BTTC connects assets across TRON, Ethereum, BNB Chain and other networks.
Data provided by CoinGecko
In late 2021 BTT underwent a redenomination in which each old token was swapped for 1,000 new tokens, raising the total supply to roughly 990 trillion. Some exchanges list the new token under the ticker BTTC.
The new BTT serves as the native token of the BTTC network and is linked to various services in the TRON ecosystem. In 2026 the project reportedly announced a plan to use revenue from its decentralized businesses to buy back and burn tokens.
BTT is tied to the BitTorrent protocol, which has a long history and a large user base, giving the token a real-world use case. Its close integration with the TRON ecosystem is another notable feature.
On the other hand, its very large supply and heavy reliance on TRON-affiliated entities have raised centralization concerns. Regulatory changes and market volatility are also factors to consider, and this overview is for informational purposes only, not investment advice.
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