The team at BitTorrent Inc. has reminded TRX holders of the seventh BTT airdrop that will take place on the 11th of August. They did so via the following tweet.

 

A Brief History of the Monthly Airdrops

The BTT airdrops were initiated after the successful token sale of the BitTorrent project on the Binance Launchpad. The token sale was successfully held in late January this year with the first airdrop commencing on the 11th of February, 2019.

Holders of TRX will enjoy these airdrops every month on the eleventh until February 11th, 2025. This is a cool six year period of BTT token distribution courtesy of BitTorrent and the Tron Foundation.

 

How to Guarantee You Receive Your Monthly BTT

Numerous crypto exchanges and wallets have confirmed their support for the monthly airdrops. TRX holders need only have their coins in the following crypto exchanges and wallets to receive their BTT:

55.com, ABCC, Atomic Wallet, AltCoinTrader, Anybit, Bit-z, Bitexbook, Bittrex International,, Bibox, BikiCoi, Binance, BitForex, BitMart, BitMax, Bitbns, Bitfinex, Bithumb, Bitpie, Bitrue, Changelly, ChangeHero, Cross Exchange, Cobo, CoinAll, CoinEgg, CoinEx, Coinexmarket, Coinspot, Coinsuper, Cointiger, Coinw.ai, DigiFinex, Dragonex, Ellipal, Exrates, ExShell, FCoin, Gate.io, Hitbtc, Huobi, Indodax, Koineks, Koinex, KuCoin, Livecoin, MBAex, MXC, OKEx, Satowallet, Sistemkoin, Spicex, Swft Blockchain, TRX Market, Tokenomy, Troncard, Tronscan.org, TronLink, TronWallet, Trust Wallet, Upbit, WazirX, Vena Pi

 

Possible Benefits of the Airdrops for TRX and BTT Holders

To begin with, many crypto traders and investors find airdrops as opportunities of getting additional tokens by simply having their coins on exchanges and wallets. The thought of valuable ‘free’ tokens is appealing to any crypto trader and it is no different for TRX investors. The airdrops provide an incentive for them to hold their TRX for the next few years in anticipation of the planned future developments by the teams at both Tron and BitTorrent Inc.

Secondly, one of these developments is the ability of using the air-dropped BTT to test-drive BitTorrent Speed. TRX holders, who are also users of the popular peer-to-peer file sharing platform of BitTorrent, can now become part of history as the first users of blockchain technology geared towards mass adoption. With over 100 Million users, BTT will be used as a medium of exchange for services on BitTorrent Speed. BTT will be used to pay for bandwidth on the platform as well as reward users for seeding content on their computers. With time, additional BTT services will be announced as outlined in the project’s whitepaper.

Thirdly, and as development on both Tron and BitTorrent progresses, the Tron community will continue being part of the journey that is decentralizing the internet. Justin Sun summarized this vision in a letter to the team at BitTorrent after Tron’s acquisition of the project. In the letter, Justin stated that:

[The] main reason for the acquisition…is that BitTorrent has always been committed to one value, which is “Democratize the Internet.” This is very much in line with TRON’s “Decentralize the Web.” The fact that our values are in sync is the driving force behind this acquisition.

Conclusion

Summing it up, by having their TRX in the aforementioned exchanges and wallets, members of the Tron community can receive their monthly BTT airdrops without any hiccups. These airdrops occur on the 11th of each month till February, 2025. The BTT received can then be used in the first case of blockchain mass adoption through BitTorrent speed. The latter has an inbuilt wallet for users to monitor their BTT assets as well as allowing for easy transactions using the token. As we enter the adoption phase of crypto and blockchain, Tron and BitTorrent will be at the forefront of the revolution that is decentralizing the internet.

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John P. Njui

Crypto Enthusiast. Terrible dancer. Former DJ. Amateur Marathoner. Electrical Engineer.