What is BitTorrent (BTT)?
BitTorrent Token (BTT), launched in 2019, is part of the popular file-sharing platform BitTorrent, aiming to tokenize the decentralized file-sharing protocol. BTT is used as a utility token within the BitTorrent ecosystem, incentivizing users to share their bandwidth and storage. The token enables faster download speeds, decentralized storage, and rewards for sharing files.
The introduction of BTT represents an effort to integrate blockchain technology into existing peer-to-peer file sharing, aiming to improve the efficiency and effectiveness of file distribution.
The introduction of BTT represents an effort to integrate blockchain technology into existing peer-to-peer file sharing, aiming to improve the efficiency and effectiveness of file distribution.
Why choose Rabbit Wallet for BitTorrent?
Whether you're a total crypto newbie or a seasoned pro, Rabbit Wallet's got your back for
handling your BTT with ease. Check out some cool features that make Rabbit stand out:
Exchange BitTorrent (BTT)
With the Rabbit's built-in coin swap feature, you can exchange your BitTorrent for
any other coin at the best rates without ever leaving the cozy confines of your
wallet.
Self-Custodial
With a self-custodial wallet, you control the keys to your BitTorrent, meaning that
nobody, not even Rabbit, can ever access your coins. This also leads to faster
transactions with no third-party fees except for miners and increased flexibility.
Optimal Fees
The unique fee calculation algorithms provide you with various options when
available, allowing you to choose the most optimal one to ensure your transaction is
confirmed both swiftly and cost-effectively.
User-Friendly
We've worked hard to make Rabbit Wallet user-friendly for everyone. Packed with
features, it suits users at all levels, and our developers respond directly when
help is needed.
How to use Rabbit Wallet?
Creating a new wallet takes just a few clicks, and requires no information from you.
Here is a short brief on how you can create your new wallet:
Here is a short brief on how you can create your new wallet:
Save your phrase
You will be given a phrase, which will act as a primary key to your wallet. Save it
securely.
Set your password
Password is required to both open your wallet, and to perform any transactions.
You are in!
Now you are all set to explore the crypto world! Welcome to freedom!
Friendly tip: Having your passphrase on a sticky note under a keyboard might not be the best way to
store it.