Re: BTTC on KoinBx

Quote from: albon on Today at 04:47:19 AM

Quote from: Kongxx on Today at 01:57:23 AM

I would to buy the very old one Bitorrent not the new Bitorrent. And I am still not sure whether BTT old is BTTC.

And what's the benefit of buying the old token if the project has already moved on and the BitTorrent ecosystem now relies on the new BTTC token? Since the launch of the mainnet in 2021, the old BTT tokens on TRC10 were migrated to the new BTT (BTTC on Binance) on TRC20.

For more detailed information, you can visit the following sources:
[1] Launch of BTTC Mainnet and BTT Redenomination Plan
[2] Clarification on BTT Redenomination Plan Supported By Exchanges and BTT Renaming

The main benefit of buying the old BTT token (TRC10) is that it can still be used for the token migration process. When the project transitioned to the new BTTC token (TRC20), it introduced a migration program allowing holders of the old BTT to swap their tokens for the new BTTC tokens at a specified ratio. If the old BTT tokens are available at a lower price than the current BTTC token, this could present an arbitrage opportunity to acquire the new tokens at a discount after migration.

Additionally, some exchanges and wallets might still support the migration, so it’s important to check where you can convert the old tokens. However, keep in mind that the main focus of the ecosystem is now on the new BTTC token, so using the old BTT primarily for migration would be the most relevant benefit.