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What is the difference?

Exchange BitTorrent to Monero

What do you need to know?

  • ­The average time for exchanging BTT to XMR — 3 minute
  • ­Only 1 BTT confirmation is needed to complete the exchange
  • ­If you have not received Monero, try to wait a bit, some wallets see transactions with a delay. Rebooting a Monero wallet sometimes helps. If all else fails, contact us for technical support

A brief history of BitTorrent

BitTorrent is a token based on the TRC10 protocol, which was created in 2019 by the founder of TRON cryptocurrency, Justin Sun. BTT's goal is to motivate users to maintain network bandwidth. Users who store files on their computers and speed up the network should be rewarded with BTT coins.

Transaction processing speed

The TRON network is capable of processing around 1500 transactions per second. The speed will directly depend on how many users are currently making transfers. On average, it will take up to 3 minutes to confirm your transfer. As the number of active nodes increases, this time may change.

TRON blockchain fees

The highlight of the Tron blockchain is the complete absence of fee for transfers. This means that the funds that you send to another wallet will arrive in full. The absence of miners eliminates the need to pay them a reward.

TRON has free bandwidth, which has a cumulative effect — traffic. It allows you to make transactions on the TRON system without using fuel. If you run out of traffic, you will have to send transactions with a small fee.

Monero is the most anonymous cryptocurrency

Monero runs on the CryptoNote algorithm, unlike public blockchains (e.g. Bitcoin, Ethereum etc.), when sending it, you can not see the sender, the recipient, or even the amount that was sent. This is possible due to the use of Ring Signatures and Stealth Addresses technologies.

What to do if you did not receive Monero after the exchange?

First, make sure that the order contains data about the transaction sent. In case there is no transaction data, try to wait a bit or contact technical support. Due to the fact that in the Monero network updates from November 30 at the protocol level, funds are blocked until 10 network confirmations are received, delays in payment may sometimes occur.

Secondly, check the synchronization of your Monero wallet. The last block in the wallet should correspond to the number indicated on the MoneroHash website in the "Blockchain Height" field of the "Network" block. If not, try restarting your wallet.

If the order contains the data of the transaction we sent, the wallet is synchronized, but the transaction is not visible in the wallet, contact technical support to request a private viewing key to decrypt the transaction and confirm the sending of funds.

When can I use the resulting Monero?

As mentioned above, in the Monero network updates dated November 30 at the protocol level, funds are blocked until 10 network confirmations are received. That is, until the transaction receives 10 confirmations, it will not be possible to use the funds received. On average, a transaction receives 10 confirmations within 20 minutes.

Transaction processing speed

The average block release time is about two minutes. But sometimes delays do occur, and the block exit time can take 10-20 minutes.

exchange in 3 easy steps

  1. Enter the desired amount of BitTorrent and write your wallet address to receive currency.
  2. Click the "Exchange now" button and you will be taken inside your order.
  3. Send BitTorrent to the address from your order, after the required network confirmation, Monero will be sent instantly.