Binance will recover all old BTT balances and begin the distribution of new BTT, which will be renamed as BTTC, to all eligible users at a ratio of 1 BTT (Old) = 1,000 BTTC. After the token migration, the old BTT tokens will be renamed as BTTOLD, and the new tokens’ ticker will be BTTC .
Read moreWhat is BitTorrent new coin?
BTT is BitTorrent’s native cryptocurrency, issued on TRON’s blockchain as a TRC-10 standard token . The total supply, as stated in its whitepaper, is 990,000,000,000 BTT. 6% of that total was available in a public token sale, 2% in a private token sale and 9% in a seed sale.
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