What does hot mean in Binance?

As mentioned, cryptocurrency wallets may also be defined as “hot” or “cold,” according to the way they operate. A hot wallet is any wallet that is connected somehow to the Internet . For example, when you create an account on Binance and send funds to your wallets, you are depositing into Binance’s hot wallet.

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Is BTT on Binance us?

Binance has many different trading pairs on its website, and you can trade BTT using the BTT-USDT pair . USDT is a stablecoin pegged to the U.S dollar, so you can swap between USDT and BTT to simulate selling your investment without transferring funds to your bank account.

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Is BTT gone from Binance?

Binance has completed the BitTorrent (BTT) token migration , 1:1,000 redenomination and renaming. Deposits and withdrawals for BTTC (TRC20) are now open. Please note: Users will be able to use the convert function to swap their BTTOLD for new BTTC tokens.26 Oca 2022

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