#Binance Completes Distribution of Initial #BTT Airdrop
Binance has completed the distribution of the initial BTT airdrop as part of the overall BTT airdrop program.
The distribution of BTT was calculated at a rate of 1 TRX = 0.1097681177 BTT and was based on a snapshot of TRX balances at a block height of 6,600,000 at 2019/02/11 15:59:15 AM (UTC).
Please note: TRX balances under 100 TRX (including those in trade orders) were not eligible for the airdrop.
Details on the airdrop program are as follows:
Initial BTT Airdrop on 2019/02/11
For the first airdrop, corresponding to 1.1% of the total BTT token supply, they will take a snapshot of all TRX balances on Binance at block height 6,600,000 on the TRON blockchain (estimated to be 2019/02/11) and distribute BTT to TRX holders at a ratio of 1 TRX = 0.11 BTT.
Monthly BTT Airdrop Program
Binance will also support the monthly airdrop program of BTT. They will take a snapshot of TRX balances at 0:00 (UTC) on the 11th day of each month and distribute BTT based on the following calculation:
BTT received by User A = Amount of TRX held by User A at the time of snapshot / Total TRX held by Binance at the time of snapshot * Total BTT received by Binance based on total TRX holdings for the respective monthly airdrop.
The amount of BTT airdropped each month from 2019 to 2025 is as follows:
2019/03/11 - 2020/02/11: 990,000,000 BTT airdropped to TRX holders on the 11th day of each month during this period
2020/03/11 - 2021/02/11: 1,072,500,000 BTT airdropped to TRX holders on the 11th day of each month during this period
2021/03/11 - 2022/02/11: 1,155,000,000 BTT airdropped to TRX holders on the 11th day of each month during this period
2022/03/11 - 2023/02/11: 1,237,500,000 BTT airdropped to TRX holders on the 11th day of each month during this period
2023/03/11 - 2024/02/11: 1,320,000,000 BTT airdropped to TRX holders on the 11th day of each month during this period
2024/03/11 - 2025/02/11: 1,402,500,000 BTT airdropped to TRX holders on the 11th day of each month during this period
TRX tokens that are pending deposit or withdrawal at the time of each snapshot will not count towards your TRX balance. Please ensure you leave sufficient time for deposits and withdrawals to complete prior to the snapshot.
TRX balances under 100 TRX (including those in trade orders) will not be eligible for the airdrop.
About BitTorrent Token (BTT): BitTorrent (BTT) allows content creators to connect with their audience, earn and spend digital currency without a middleman. By connecting the BitTorrent peer-to-peer network to the TRON blockchain, they offer a new experience to over 100M+ users. BTT is a TRC-10 utility token based on the TRON blockchain to foster faster speed on the world’s largest decentralized application. BitTorrent Speed enhances the BitTorrent protocol for all users and all torrent clients. BitTorrent (BTT) tokens can be bid in exchange for faster downloads. Tokens will be stored in a built-in wallet and can be exchanged for TRON (TRX) tokens through a decentralized exchange.
BitTorrent Token (BTT) is up 17.02% over the past 24 hours and is currently trading at $0.000969 USD. It has a 24 hour volume of $195,498,116 USD and a total supply of 990,000,000,000 BTT.
About Tron (TRX): TRON is one of the largest blockchain-based operating systems in the world. TRON is a blockchain-based, open-source protocol for the global digital entertainment industry. TRON supports various kinds of blockchain networks and smart contract systems, including bitcoin, Ethereum, EOS, Qtum, and other public blockchain smart contracts, provides developers with multiprotocol infrastructure for entertainment app development, and allows users to enjoy smooth multiprotocol smart networks.
TRON (TRX) is the 8th largest cryptocurrency by market cap size. Its market cap is currently $1,629,091,641 and it has a circulating supply of 66,671,422,606 TRX. It's down 4.43% over the past 24 hours and is currently trading at $0.024435