Binance Overwhelmed by BitTorrent Token Demand, 60 Billion Sold in 15 Minutes

  • As crypto markets tumbled yesterday the BitTorrent token sale kicked off and promptly overloaded the world’s largest exchange where it was hosted.
  • The BitTorrent token sale started on Binance Launchpad yesterday amid another crypto market rout which dumped $7 billion in a few hours.
  • Binance posted an announcement with fixed rates for the tokens which were locked in at 1 BTT = 0.00001824 BNB (using a BNB price of 6.58000 USD) and 1 BTT = 0.00447261 TRX (using a TRX price of 0.02683 USD).
  • The BTT token sale has been highly anticipated as a high profile airdrop campaign has also driven momentum for both TRX and BNB leading up the first round.

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