Tron Weekly Report: BitTorrent Airdrops on the Cards as More Exchanges List BTT Token
It is that time again when Tron gives its community the insights of what it achieved in the past week and what the future holds.
The weekly report published by Tron on Feb. 25 paints a great picture of the blockchain developments within BitTorrent – including listings on several exchanges and upcoming airdrops to celebrate the listings.
BitTorrent’s BTT token is now listed on as much as 23 exchanges including the some of the world’s leading trading platforms such as Binance, Bithumb, OKEx, Bittrex, Huobi, Bitfinex, KuCoin, Upbit, and more.
The listings have seen several BTT trading pairs opened, providing a better and easier way for users to trade BTT tokens.
Huobi Global launched margin trading for BTT/USDT and BTT/BTC on Feb. 20.
The Tron Foundation holds 198 billion BTT tokens, accounting for 20 percent of the total supply.
“Tron will disclose the lockup address now and disclose address to the unlocked tokens on a monthly basis for community supervision,” reads the report.
Bithumb exchange will celebrate the listing of BTT tokens on its exchange via an airdrop. The airdrop is for those who trade the newly listed BTT tokens. The beneficiaries of the airdrop will receive their token in March. 6.
OKEx is another exchange giving away BTT tokens to users who trade and deposit BTT tokens. The giveaway of the 100 million tokens will be done in two phases.
In the first phase, each person can get as much as 40,000 BTT tokens. A total of 50 million BTT tokens are up for grabs.
The second phase will be initiated when the BTT trading volume for all users hits 50 billion. All users trading at the time will share 50 million BTT tokens, and they will receive a portion in proportion to their trading volume.
BitTorrent partnered with Troncard to launch the BitTorrent card. The card comes pre-loaded with Tron (TRX) and supports BTT as well. Users choose the amount of TRX they want to load on the card, and they receive a bonus in BTT tokens.
The card also qualifies holders for a BTT airdrop in which the number of tokens received is determined by their TRX card balance.
Tron Developments and the Global Community
Tron and Binance Blockchain Charity Fund (BCF) partnered with ALS Foundation to raise awareness for Amyotrophic Lateral Sclerosis (ALS) and raise funds to develop a cure for the condition.
Tron, which has previously conducted eight rounds of token burn, has now burned just over 99 billion ERC-20 tokens which account for 99.06 percent of the token supply.
Tron is working together with Spend to release a credit card that easily converts TRX into USD. The union card is supported by UnionPay and can be downloaded on Google Play and Apple Store.
Tron Weekly Report: BitTorrent Airdrops on the Cards as More Exchanges List BTT Token was originally found on copy trading cryptocurrency | Blockchain News | Bitcoin News | blokt.com.