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How to Buy BitTorrent: Best Ways to Buy BTT in 2022

By Cody V. 8 min read

If you're merely looking for ways to buy BitTorrent (BTT) or you want to invest in a variety of coins, it is not nearly as difficult as it appears at first glance. You could make your BTT purchase safely by following a few simple steps. There are several platforms through which to purchase BitTorrent. The most popular alternatives include cryptocurrency exchanges. You'll be able to choose the best one for you once you've learned more about them. Let’s dive into it to learn more about the process.

Where to buy BitTorrent

Below are the popular crypto exchanges based on user experience,security,fee structure and supported coin, that you can use to purchase BitTorrent (BTT) in 2022.

Before moving forward i want to make it clear that the ranking of these exchanges are in no particular order. With that in mind - Let’s explore these crypto platforms one by one so that you can select the best cryptocurrency exchange to buying your BitTorrent.

1. OKX

OKX is clearly one of the more prolific exchanges on the market. However, the platform's past conduct, particularly how it handled its own users, has been recognized, and it would be smart to anticipate better behavior in the future.

Aside from that, OKX provides a one-stop shop for cryptocurrency trading and investment. OKX costs are in accordance with industry norms, and the exchange claims that it has never been hacked, despite reports to the contrary circulating on multiple occasions.

At the end of the day, OKX is a top 30 exchange with plenty of liquidity - clearly, the exchange is doing something well since it is there.

OKX Pros

  • Allows the use of a wide range of fiat currencies to establish an account.
  • Offers diverse range of services.
  • Hundreds of trading pairs with high staking APYs.
  • An easy-to-use buy/sell dashboard.
  • Online chat tech support that replies promptly.

OKX Cons

  • Very Complex fee structure.
  • US Citizens are not allowed.
  • There are no Demo accounts available.

 

Getting Started with OKX

Users must first create an account in order to utilize the exchange. The procedure is quite quick and straightforward. You can open an account with OKX by following the easy steps outlined below.

Step 1: Go to OKX official website and click the Sign up button.

Step 2: Enter your personal information and email with a secure password.

Step 3: Click the create account button after checking the box at the bottom of the form.

Step 4: Verify your supplied email address by clicking on the verification link that was delivered to your inbox.

Step 5: Enter the code that was delivered to your mobile device and click the Verify button. If you haven't received a code, select the Resend code option.

Step 6: When you first use the OKEx platform as a newly registered user, you will be able to select whether you are new or experienced in bitcoin trading.


2. Binance

Binance gets a lot of things right for traders who wish to focus solely on cryptocurrency. A diverse range of popular cryptocurrencies should appeal to everyone save the most passionate crypto fans.

Low trading costs and volume reductions should entice more active traders, especially because fees elsewhere are far higher.

Newer investors who want customer service may find a better match elsewhere, particularly if they intend to trade other stocks or crypto as a sideline.

Based on what has been discussed so far, Binance is unquestionably the premier Cryptocurrency Exchange, with low costs and excellent digital currency support.

Binance Pros

  • Over 365 coins are available for trading on a global scale.
  • A diverse range of trading options and order types are available.
  • Low transaction costs.
  • Payment options are supported in a variety of ways.

Binance Cons

  • The platform is complicated and may be confusing for some people.
  • U.S exchange is more limited than others.
  • Binance has ran into regulatory issues in a number of nations.

Getting Started with Binance

Users must first create an account in order to utilize the exchange. The procedure is quite quick and straightforward, and you do not need to verify your account for level 1, which has a daily withdrawal limit of 2BTC.

For level 2, which enables up to 100BTC every day, you must upload a picture ID and wait for approval. There are still greater restrictions, but you must contact them personally to arrange for them.

Follow the steps below to open a Binance account:

Step 1: Visit the Binance Website

Step 2: Click on the “Register” option in the upper right-hand corner and complete the relevant information. Binance will validate your account details throughout the registration process, which may take a few minutes.

Step 3: Enable 2-Factor Authentication.

Step 4: Select and Link you payment Methods.

Step 5: Deposit and Start trading.


3. Huobi Global

Huobi Pro is obviously and trades with lofty goals, as seen by its present aggressive worldwide expansion plan. As a trading platform, the exchange has few competitors in the cryptocurrency sector, and the breadth of digital currencies and tokens supported is a genuine strength. The alternative HADAX market will also earn many followers, and Huobi made a wise decision.

The registration procedure for traders who are not from China, Hong Kong, or Singapore is currently more difficult than ideal, but as local versions of the exchange come up in the United States and other Western countries, this should improve.

Huobi Global Pros

  • A wide variety of supported cryptocurrencies.
  • Simple to use interface.
  • Low Fees for trading on the Exchange.
  • Customer service chat is available 24 hours a day, seven days a week.
  • Offer buying large amounts of cryptocurrencies on OTC Desk.
  • There is an iOS and Android app available.

Huobi Global Cons

  • It might not be suitable for novices.
  • Hard to verify new accounts (KYC take some time).

Getting Started with Huobi Global

To create an account on Huobi Global Exchange follow these steps:

Step 1: Go to the official website and On the top right of the page, click "Sign up."

Step 2: Choose "Country," enter your mobile phone number in the "Phone" field, create a password, and then click "register."

Step 3: To complete registration, enter the verification code.

Step 4: To finish the KYC verification procedure and unlock larger withdrawal limits.


4. KuCoin

KuCoin has become one of the most popular cryptocurrency exchanges in the world. It not only gives you access to over 450 cryptocurrency pairings, but it also allows you to trade crypto-specific indices and Bitcoin futures.

Furthermore, ordinary trading costs are only 0.1 percent, which you may lower by an extra 20% by paying using KuCoin Shares. We also appreciate that you may now deposit funds with a debit or credit card, however you will have to go through a KYC check first.

Moreover, KuCoin is that it is not a fully regulated organization. While this means you may trade crypto-to-crypto pairings anonymously.

KuCoin Pros

  • There are almost 200 cryptocurrencies supported.
  • There are several payment options.
  • Allows for the conversion of money to cryptocurrency and vice versa.
  • Downloading mobile apps for Android and iOS devices is simple.
  • Micro withdrawal wallets are now available.
  • Trading commission is rather minimal.

KuCoin Cons

  • Expensive costs when purchasing cryptocurrency with fiat currency (3 percent -12 percent).
  • Fiat currency cannot be withdrawn.

Getting Started with KuCoin

Users must first create an account in order to utilize the exchange. The procedure is quite quick and straightforward.

You can open an account with KuCoin by following the easy steps outlined below.

Step 1: To begin, go to the platform's main website.

Step 2: Then, to access the registration form, click the "Sign Up" option.

Step 3: Fill your required information. Verify your supplied email address or Phone Number by clicking on the verification link that was delivered to your inbox.

Step 4: You must provide your cellphone number with the country code to complete the two-step verification process.

Step 5: Now the Account has been created.


5. Gate.io

Gate.io is a Cryptocurrency exchanges platform that allows you to trade Bitcoin, Litecoin, Eth, and other blockchain assets. Within a few years, the exchange acquired global traction and is today available in virtually every country on the planet. However, the platform is presently not active in China, and its registered office has been relocated to Virginia, USA.

This trading platform not only supports over 800 main cryptocurrencies with over 1,000 trading pairings, but it also offers spot trade and margin trade. It has also expanded its offerings to include ETFs, options, futures, and derivatives for investors. It is primarily a platform for professional traders. Beginners with minimal expertise, on the other hand, will benefit from this platform as well.

Gate.io Pros

  • The platform is available in over 400 markets and 800 coins worldwide.
  • The IEO (initial exchange offering) platform is fantastic.
  • Strong mobile application.
  • There are several options available, including spot trading and margin trading with 10x leverage.
  • Exchange that is extremely secure.
  • Customer service is available 24/7.

Gate.io Cons

  • The exchange is unregulated.
  • It is not advised for inexperienced traders.

How to buy BitTorrent on Gate.io

Follow our step by step guide to buy BitTorrent (BTT) on gate.io:

1. Log in to your Account on Gate.io.

2. Click Buy Crypto fro main menu located at top bar. Here you will find three ways to buy BTT coin (Credit card, Bank Transfer, P2P Trade).

3. Enter the purchase amount in USD. Now select/search BitTorrent from dropdown menu.

4. Incase of Credit card, gate.io offer multiple processing partners, select the one that offer services in your country.

5. Accept the terms and conditions and click Purchase.

Now you are Proud investor in BitTorrent (BTT).

If you want to buy BitTorrent with another cryptocurrency. First, Transfer that currency into the Gate.io exchange using Deposit method after that go to the market page, search for BTT and buy it using your deposit cryptocurrency.


Other Exchanges to buy BitTorrent

Aside from using above popular platforms, there are variety of smaller cryptocurrency exchanges where you can buy BTT.

1. Digifinex Join Now
2. Nami.Exchange Join Now
3. BingX Join Now
4. Bibox Join Now
5. BKEX Join Now
6. Bitexen Join Now
7. LBank Join Now
8. Poloniex Join Now
9. AAX Join Now
10. Upbit Join Now

Buy BitTorrent on Decentralized Exchanges.

Below, you will find comprehensive and detailed review about top rated decentralized exchanges using which you can buy BitTorrent (BTT) easily.

1. PancakeSwap (v2)

PancakeSwap is the most popular and widely used AMM for staking and yield farming. The exchange's trade volume exceeds $650 million. PancakeSwap is now the largest project running on BSC, and this momentum is anticipated to continue even if DeFi gains traction.

Still, adding PancakeSwap to a BSC is a significant step in the right way since it lets customers to engage in DeFi without worrying about expensive transaction fees or sluggish transaction speeds. While the market remains unpredictable and dynamic, the PancakeSwap team is working hard to provide an open and transparent platform that provides a number of ways to profit from crypto assets. There is also an emphasis on enhancing user experience in order to enhance platform usage, even among new users.

How to buy BitTorrent on PancakeSwap (v2)

In this section, we'll go through below steps on how to make your first BitTorrent purchase on Pancakeswap.

Step 1: Go to Pancakeswap.finance, click Connect Wallet and select Metamask or Trust Wallet. After connecting your wallet to Pancakeswap, you can now begin trading tokens on the Pancake official site.

Step 2: Click Trade > Swap from the main menu. Select the token you want to trade for, and the token you want in the top section (in our case BitTorrent), You can also search BitTorrent (BTT) in Coinmarketcap and copy/paste the BTT contract in Pancakeswap.

Step 3: You are now ready to place your order. You can put a number in the top area to specify how much you want to spend, or a number in the bottom field to specify how much you want to purchase.

 

Step 4: Before you finalize the conversion, go through the details and double-check that everything is in order. When you're finished, simply press "Swap" and then "Confirm Swap." That’s all.

As soon as the trade is verified, BitTorrent will appear in your wallet.


2. Uniswap (v3)

Uniswap is a decentralised exchange (DEX) that allows users to finance liquidity pools and benefit from them.

The platform's user-friendly online interface allows users to exchange Ethereum-powered ERC-20 tokens. Previously, decentralised exchanges had small order books and poor UXs, leaving a huge opportunity for successful decentralised exchange.

Users no longer have to accept defects because they can easily exchange Ethereum-based protocols using a web 3.0 wallet thanks to Uniswap. You can do so without having to deposit or withdraw funds from a centrally controlled order book. Uniswap allows users to trade without the intervention of a third party.

Uniswap (v3) Pros

  • It maintains your anonymity because it does not require KYC or registration.
  • You have complete control over your tokens.
  • On Uniswap, users may exchange flash swaps.
  • Transaction costs are split between Uniswap and liquidity providers for maintaining a healthy growth rate.

Uniswap (v3) Cons

  • It only supports ECR-20 tokens.
  • The frequency of bogus tokens as a result of open listing.
  • Flash swaps can result in cyber-attacks.


Conclusion

Choosing the best cryptocurrency platform for BitTorrent (BTT) might be a difficult task, there are various factors that one should consider before selecting a crypto exchange. These include the fees structure, security, exchange features, and whether it is based on fiat or crypto.
Remember, once you have shortlisted some exchanges, do your research on each of them to identify the most appropriate for you.




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