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Bittorrent token redenomination and renaming
Bittorrent token redenomination and renaming
Diana Prince avatar
Written by Diana Prince
Updated over a week ago

CEX.IO supports the BitTorrent (BTT) token redenomination plan. BTT token will be renamed to BTTC on CEX.IO. BTT tokens will be redenominated and swapped with the BTTC tokens at a ratio of 1:1000, which is 1 BTT (old) =1000 BTTC.

We will handle all the technical aspects of swap and redenomination automatically. You will not need to take any actions. Please follow the timeline of how CEX.IO will be processing the redenomination.

On April 27, 2022:

  • CEX.IO will stop processing BTT deposits and withdrawals

  • We will delist all existing BTT currency pairs on CEX.IO Exchange

  • All pending BTT orders will be canceled

  • We will take a snapshot of all BTT balances on CEX.IO in order to credit the respective amount of BTTC tokens.

We expect to complete all the redenomination activities on April 27. Once the migration is complete, we’ll enable BTTC deposits and withdrawals and launch BTTC trading on CEX.IO Exchange.

We recommend canceling your BTT orders by April 27, 2022. Also, please update your automated trading tools, robots, and apps if you use them.

Please note, when we remove BTT token from CEX.IO, you may temporarily not see your BTT balance. We will be recalculating it in accordance with the project’s redenomination ratio and credit the respective amount of BTTC tokens once the calculation is complete.

Note:

Due to the low cost of BTTC, balances have been rounded down to whole numbers.

Disclaimer:

The redenomination and migration process may be subject to delay. We reserve the right to revise the plans regarding BTT and will inform you via our social networks and or/email.

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