Bitcoin is the biggest coin in terms of market capitalization and the first virtual currency. Its success has made it a popular investment option among crypto investors. BitTorrent is another rapidly rising coin. Brad Cohen and David Harrison developed it in 2001 and sold it to the Tron Foundation in 2018. The Tron Foundation released the BTT token in 2019, one year after the acquisition.
The exchanging process requires a thorough understanding of the pros and cons of the two assets. This is important to avoid mistakes that would result in loss. Our article will explain how to swap BTT to BTC on the Godex exchange platform, as well as the particularities of the coins.
What Do We Know About BitTorrent?
After the acquisition, the Tron Foundation formally unveiled the BTT token through an Initial Coin Offering (ICO) in 2019. The main purpose of the asset is to grow the network while rewarding its users.
BTT provides liquidity for ecosystem services. It also serves as a framework for transactions involving computer resources shared by BitTorrent users. The Network’s software handles the transaction processing. Tron blockchain stores all the ecosystem’s transaction data.
BTT shocked everyone by providing its investors with an approximate 500% ROI in 2021. This resulted in BitTorrent becoming one of the top-performing tokens. Following this growth, the holders sell their tokens to realize profits, as seen by the sharp increase in the price of Bitcoin and ETH during this time.
According to CoinMarketCap, the coin’s ATH was $0.01426 in April 2021. In March 2020, it reached an all-time low of $0.0001394 and is currently trading at $0.0006217.
The most aggressive coin in the market, according to CoinMarketCap, is BTT. Many major investors have already seen that the currency has a bright future when considering its 2022 trend.
By December 2022, it is anticipated that the BTT price will have risen to $0.00000231. It is also expected to reach $0.00000479 by 2024 and $ 0.00000724 by 2025.
Many factors prove the coin a suitable investment choice for long-term holders. One of these is that the asset is connected to a reliable project.
What Do We Know About Bitcoin?
A person or group using the alias Satoshi Nakamoto created Bitcoin, a decentralized virtual currency, in 2009. It is the most valuable crypto in terms of market capitalization. All the transaction records are stored on the blockchain.
It was the first and most popular cryptocurrency allowing peer-to-peer value exchange.
When the price of the coin soared above $68,000 in November 2021, Bitcoin attained its ATH price. Tesla and Coinbase were both responsible for the price surge. The virtual coin’s value increased after the manufacturer of electric vehicles stated that it had purchased 1.5 billion dollars’ worth of it, and its price increased in April 2021 due to Coinbase’s IPO.
Speculations about government regulations and the electricity blackout that occurred in China’s Xinjiang area, which caused the coin’s hashrate to drop and forced investors to sell their coins, contributed to the significant slump in the Bitcoin price in April 2022.
Bitcoin has established itself as a good coin over time, and optimistic projections about its future have increased investors’ faith in its potential. Furthermore, it is anticipated that the coin will have a bright future, given its growing acceptance by big industry.
If you have the money to invest in BTC, you can do so and keep it for a long time because its value should increase.
Exchange BTT for BTC in no Time on Godex!
If you want to convert your BTT to BTC, an exchange platform with reasonable rates is required.
Godex offers affordable rates for crypto traders, supporting over 300 digital assets, including not only BTT to BTC but rare pairs like BTC to KMD. This crypto exchange provides its users with exciting benefits (anonymity, no trading, hidden fees, registration, or verification). With Godex, you can trade as much as you can without compromising your privacy.