If you looking into investing in cryptocurrency, you probably already know by now that you have thousands of options to pick from. But of course, you cannot go for the ones that you cannot make a profit. Out of the many options these days, one of the most popular is BitTorrent. So if you want to know more about BitTorrent, then you have come to the right place.
What is BitTorrent Coin?
BitTorrent is very popular when it comes to file sharing services. What others are not aware of is that there is now a BitTorrent cryptocurrency. It has been steadily growing compared to the price and popularity of other cryptocurrency options out there for the past year. So if you are interested to invest in a new cryptocurrency that has a great potential in this industry, you have come to the right place. BitTorrent is the perfect option for you.
The History of BitTorrent
BitTorrent was started by the Tron Foundation. This company purchased BitTorrent a couple of years back. The reason why they started creating BitTorrent coins is for them to capitalize and take advantage of the popularity of BitTorrent. That is why they decided to launch a cryptocurrency coin on its name.
Buying BitTorrent Coins
Like other cryptocurrency coins, BitTorrent coin is also available in some crypto exchanges all across the globe, particularly in the Binance exchange. This is one of the bidet crypto exchanges worldwide so there is no doubt that you can find BitTorrent coins here. Other exchanges also offer BitTorrent coins like BitPanda, Gate.io, and pancakeswap.
For investors in India, you can also buy the BitTorrent coins at the WazirX app both for Android and iPhone devices. And as this cryptocurrency coin becomes more popular over the years, for sure it will become available to other exchanges as well. That is why you need to become updated with the Cryptocurrency News. This way, you are sure that you know what’s hot and what’s not in the cryptocurrency industry.
Is it Safe to Invest in BitTorrent Coins?
The popularity of BitTorrent has encouraged some investors to give it a try. But the question is, is it worth investing in this 2021? BitTorrent today is priced at $0.007263 USD. It also has a 24-hour trading volume of $1,611,903,402 USD. However, you must understand that it still has a very limited coins in circulation. Once all coins have been mined, there will be none left. That is why if you want to invest in BitTorrent coins, you might as well do it now.
For the past decade, cryptocurrency has become one of the most popular investment options. It promises investors with low risk and high returns in just a short period of time. So if you are thinking of investing in cryptocurrencies, it is also good to take a chance on the newer names in the industry. And with BitTorrent, it is relatively at its infancy but it promises amazing returns.