With 100s of millions of users, BitTorrent is the world’s largest decentralised P2P communications and file sharing protocol. The company behind it launched a digital token known as BitTorrent (BTT) in 2019, and the crypto community embraced it wholeheartedly. Last I checked, the BitTorrent ecosystem had over 200 BTT wallets.
If the BTT token has captured your attention and you’d like to invest, getting started shouldn’t be an issue. Crypto investing is legal in the UK, so nothing can hold you back. Plus, numerous trusted brokers and exchanges offer BTT. I’ve covered how and where to buy BitTorrent coin below.
In this guide
How to Buy BitTorrent Coins?
How to Buy* BitTorrent Coins
Let’s start with how to buy BitTorrent coins. Note that the first and most crucial step is finding a reputable broker. After familiarising yourself with the steps below, read the reviews of the service providers I’ve recommended in the following section.
Before you can buy BitTorrent, you must find a good broker. In my books, this is the most crucial step for a couple of reasons. First and foremost, there is a growing number of rogue service providers today. The security of your assets will depend on the broker or exchange you use.
You must choose wisely to avoid losing money and assets to unscrupulous companies like BitForex, which fleeced investors of over £50 million in 2024. I’ve never been scammed because I vet every provider’s reliability based on key factors, such as licensing and reputation.
Only trust a reputable broker that is licensed by respected authorities like the FCA and SEC. Also, before signing up, check the supported assets, security protocols, and the quality of customer support.
Visit your chosen regulated broker’s official site. I’ve included links to the best providers in the mini-reviews below. Use them; I strongly advise against using links shared online by unknown sources. Again, there are plenty of criminals out there, waiting to take advantage of you.
When you get to the broker’s homepage, don’t head directly to the sign-up button. Take your time and check out every available option. If you’re satisfied with everything you see, you can begin the registration process. You will need to fill out the sign-up form with the requested details, including your name and email address or phone number.
Account verification follows registration. The FCA requires brokers operating in the UK to verify every new client, so this step isn’t optional. Last I checked, service providers require either a driver’s license or national ID for identity verification and a recent utility bill or bank statement for proof of address.
Your chosen broker will outline what you can verify your account with. You may also be required to take a liveness test or share a selfie of you holding your ID. Do everything required of you, otherwise your account won’t be verified.
Is your account verified and active? Good. The next step is making your first deposit. Use one of the supported payment methods to load your account with whatever you plan to spend on BitTorrent. Depending on the broker you choose, you may also have to create a digital wallet before buying your crypto.
If you prefer to use a private wallet, which is more secure, numerous solutions are available, such as Exodus. That said, for the safety of your assets, research every wallet’s reputation before committing.
With a funded account and an active digital wallet, you can take care of your primary objective, buying BitTorrent. Look for the button for purchasing crypto, click it, and find BitTorrent. Specify the amount of money you wish to spend or the number of coins you want to buy and authorise the transaction.
After purchasing BitTorrent, you can either transfer your crypto to an external wallet or keep it in the broker’s built-in wallet. Either way, optimise the security of your BTT by implementing 2FA, biometric authentication, and any other supported security measures. Remember to store your private keys in a secure location where they cannot be accessed by malicious entities.
*Don’t invest in crypto assets unless you’re prepared to lose all the money you invest.
Brokers to Buy BitTorrent Coins in the UK
I have researched, used, and tested many brokers and exchanges in the UK. The list is extensive, encompassing everything from popular providers to lesser-known brands and the newest entrants to the market. Some impressed me, while others plagued me with constant headaches. I’ve listed 3 providers that stood out the most in terms of crucial aspects like security, performance, and fees below.
1. Kraken – Best for Pros
As a professional, I often opt for platforms that offer optimal power, performance, and security. Having said that, if you have enough investment experience, I recommend buying BTT with Kraken. This is an amazing service provider that allows you to do several things, starting with buying and selling BitTorrent and other digital assets.
In addition to BTT, over 400 cryptocurrencies are available on Kraken. You can buy and sell them seamlessly with GBP. Plus, this service provider has a special crypto trading platform that’s specially designed for professional traders, called Kraken Pro. It’s a favourite of mine because it has a wide range of superior tools and features compared to the standard Kraken platform.
You can access Kraken Pro from the web or mobile. The platform offers spot, margin, and derivatives trading. Crypto staking, with returns of up to 24% APY, is also available. The best part is that Kraken Pro has no stringent requirements; you only need to be 18 years or older.
✔ 24/7/365 on LiveChat or by email
- Registered under PAYWARD LTD, FCA reference number 928768
- Has 400+ crypto assets, including BitTorrent
- Premier security features like biometric authentication
- Supports spot, margin, and derivatives trading
- Maker/taker fees as slow as 0%/0.08%
- Rapid 24/7 support via phone, live chat, and email
- Higher fee for smaller trade volumes
- Pro account verification can take a couple of days
2. CEX.IO – Best for Beginners
For beginners looking to buy BTT, I highly recommend CEX.IO. This is a superbly designed platform that’s incredibly easy to use. Opening an account with it was a breeze for me, with the entire process taking less than 10 minutes, so I don’t expect you to face any noteworthy challenges here. Plus, based on my experience interacting with its intuitive interface, navigation should be effortless.
After signing up, visit the website’s “Products” section and select “Instant Buy.” Use the search function to find BitTorrent and start the buying process. While using this broker, you can buy assets like BTT instantly with your credit or debit card.
Speaking of assets, I also consider CEX.IO a solid provider because its platform supports 200+ digital coins and tokens. You can diversify with whatever you fancy, from Bitcoin and Ethereum, the most popular cryptocurrencies today, to new altcoins like £BIGTIME and Fartcoin.
✔ 24/7 support
- Beginner-friendly, intuitive interface
- 200+ crypto assets available
- Supports instant buy with debit/credit cards
- Strong security features, including 2FA
- No history of major hacks or security breaches
- Spot, margin trading, and staking are available
- High maker/taker fees for small trade volumes
- Limited crypto collection compared to its peers
3. Crypto.com – Best for Mobile Users
One thing I like about Crypto.com is that it lists hundreds (+400) of cryptocurrencies to choose from. This means that, in addition to BitTorrent coins, you have numerous options for portfolio diversification. In addition, this crypto exchange allows you to purchase BitTorrent coins using other crypto assets or any of the 20 fiat currencies supported. The exchange also offers its own Crypto.com Visa Card, which you can use to manage your funds at any time.
Any investor, whether a professional or a novice, can use Crypto.com to purchase BitTorrent coins, as it offers a user-friendly platform with a captivating design. Moreover, its BitTorrent coins investment fees are low, thus attracting budget-conscious investors. For instance, you can send digital assets to other Crypto.com App users at no additional cost. Asset transfers to external wallets also attract low fees, and you get to make deposits and withdrawals at zero charges.
You can invest using Crypto.com on your desktop or mobile device via its investment app. But my recommendation is the dedicated mobile app. I recommend it to mobile users since it’s available on Android and iOS. Furthermore, it supports a diverse range of activities, from buying and selling to trading and staking of popular crypto assets.
✔Earn daily rewards on your balance, no lock-up period
- Authorised under FORISGFS UK Ltd. Reference number: 988571
- Powerful app available on Android and iOS
- Mobile users can buy, sell, trade, and stake crypto
- 400+ digital assets offered, including BitTorrent
- Maker/taker fees as low as 0%/ 0.1584%
- Supports automated crypto trading
- Higher fees for the lowest trade volumes
- £5 monthly inactivity fee for dormant Crypto.com Visa cards
About BitTorrent
BitTorrent has a fascinating history. Before it became associated with the popular BTT crypto, BitTorrent was simply a peer-to-peer file-sharing protocol. It still serves the same function, but the entire ecosystem has evolved since its creation in 2001. Now, BitTorrent is also a blockchain platform that Rainberry, Inc owns.
The BitTorrent digital coin was created in 2019 as a native cryptocurrency for the BitTorrent platform. It was launched on the TRON blockchain by the TRON Foundation, owned by Justin Sun. Besides having its own cryptocurrency, BitTorrent also operates in the world of NFTs through its NFT hub.
Note that BitTorrent (BTT) coins are deflationary, meaning they are limited in circulation, and there will be no additional supply once all BTT coins are mined. Overall, the BTT coin supply cap has been set at 990 trillion tokens. They operate on the Tron blockchain.
Risks of Investing in BTT
Before you invest in BitTorrent, allow me to introduce a couple of noteworthy risks that I associate with this endeavour:
- High volatility: The price of BitTorrent, like other digital tokens, swings wildly within short periods. You can buy a ton of BTT now at what feels like a good bargain, only for it to plummet within a few hours, and vice versa.
- Market hype: BTT’s price is often driven by market sentiment and hype. A single rumour on a platform like X or Reddit can cause a significant spike or crash, depending on what it’s about.
- TRON dependency: BTT is dependent on the TRON blockchain. If the TRON ecosystem encounters any issues, including notable controversies, BTT will likely suffer.
- Unclear utility: BTT is primarily designed for the BitTorrent ecosystem. For instance, you can use the token to pay for faster downloads. BTT has limited real-world applications.
FAQs
You can earn BitTorrent coins on exchanges or platforms for seeding torrents. The more files you seed, the more reward you will earn. On the network, you can also spend your BitTorrent coins to increase download speed.
You can buy BTT coins on numerous respected platforms, including Kraken, CEX.IO, and Crypto.com.
BTT incentivises BitTorrent network users (seeders) and encourages them to upload seed files. Users who want faster download speeds can also pay a small amount in BTT and enjoy it.
TRON acquired BitTorrent in 2018, facilitating the creation of the BTT token in 2019. This crypto is built on the well-known TRON blockchain.
Expert Opinion
According to many experts, BTT will experience significant growth in the near future, with some sources predicting the numbers to reach 0.000002505 GBP before the end of the year 2025. That is quite a spike, considering that 1 BTT costs approximately 0.00000052 GBP as of late April 2025.
I share the same sentiment and expect BTT to appreciate as its use cases expand, more people adopt decentralised storage solutions, and the BitTorrent network continues to grow. That said, even with a positive outlook, I remind you to be cautious. All crypto investments are risky, and BTT is no exception. Don’t invest money you can’t afford to lose.
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25,000 hours of testing 70+ brokers. Our recommended broker is Pepperstone.
Our recommended broker is Pepperstone.