BitTorrent Speed

Frequently Asked Questions

Find in-depth information about the Wallet release here.

BitTorrent Speed

To get the BitTorrent Speed and all it’s features, please download the latest version of BitTorrent Web at https://www.bittorrent.com/products/

Speed does not change your overall torrenting experience. Speed allows you to spend in-app BTT to increase your download speeds.

BitTorrent Speed is enabled by default for all μTorrent users.
Yes, you can turn off Speed to stop spending the BTT in your account. To do that, simply turn “Speed Increase” toggle into the “Off” state. Your ability to download won’t be impacted, but there will be no increase in speed.

There is no mining involved with BitTorrent Speed or any other BitTorrent products. BitTorrent Speed is based on pure exchange of BTT tokens between users.
These are the only ways for users to get BTT tokens:

Earn for seeding
Buy on any decentralized exchange service and transfer to BitTorrent Wallet.

Find more information in the Wallet section.

Yes, you can turn off Speed to stop spending the BTT in your account. To do that, simply turn “Speed Increase” toggle into the “Off” state. Your ability to download won’t be impacted, but there will be no increase in speed.

When you run out of BTT, you can longer participate in Speed and get increased download speeds. When this happens, you can continue using BitTorrent as you always have. You may replenish your balance by seeding and earning BTT or by transferring BTT into BitTorrent Wallet.

The amount you can earn for seeding specific files depends on a variety of factors such as the demand for the file, available bandwidth, and network connection.

The speed on μTorrent client reflects a count of download speeds for all the files, while BitTorrent Speed only shows stats for the downloads where token exchange is involved.

There are multiple reasons why this may happen: Windows configuration, permissions, interrupted installation process, etc. The easiest solution is to re-install uTorrent client with BitTorrent Speed.

Complete all downloads
Uninstall uTorrent
Open File Explorer and type in %AppData%\Roaming\
Delete uTorrent folder
Go to %AppData%\Local\ and delete BitTorrent Helper folder
Install uTorrent Client from scratch

Feel free to use the contact form on the website if your problem was not solved by the information above.

When you turn Speed off, you will not be able to earn BTT for seeding or spend BTT for faster speeds

You might see the balance changing within 24 hours after switching the Speed Increase toggle off. This happens because, when you bid on a piece of data, your BTT goes to escrow first and stays there until you complete downloading the piece or until 24 hours passed – whichever comes first. If the piece was successfully downloaded, your bid goes to the seeder. If download was not complete, BTT from escrow will be transferred back to your balance.

All operating systems and browsers are supported by BitTorrent Speed. If you’re having trouble seeing Speed, please download the latest version of our client: https://www.bittorrent.com/products/

BitTorrent Token Redenomination and BTTC

Depending on where your exchange, there will be different procedures to swap BTTOLD to BTT. Please find your exchange below and follow their instructions. If your exchange has not provided any information, please reach out to them directly.

Exchange	Swap Instructions and Redenomination Plan
TronLink	https://wallet.bt.io/swap?language=EN
Metamask	https://wallet.bt.io/swap?language=EN
Binance	https://www.binance.com/en/support/announcement/2722e6da4f5141dd9b2fb07b5b1f3f75
Huobi	https://www.huobi.com/support/en-us/detail/54896291748810
Gate.io	https://www.gate.io/article/24361
MEXC	https://support.mexc.com/hc/en-001/articles/4414716310553-MEXC-to-Support-BitTorrent-BTT-Token-Migration-Redenomination-and-Renaming-Plan

Swapping from BTTOLD to BTT will depend on where you hold your tokens. Some exchanges will automatically swap these while others will require some manual intervention. Please reach out to your exchange for their procedure.

Since this is a new launch, it might take some time for exchanges to implement these changes. Please be assured that your old tokens will not go anywhere, they are still safe and it’s just a matter of time before they’re exchanged.

With the introduction of BTTC, we are doing a redenomination of the BTT token. The current BTT token will become BTTOLD and the new token will become BTT. 1 BTTOLD equals 1000 BTT. This does not change the market cap of BTT or the value of your holdings. This change increases the number of tokens you hold by 1000 and decrease the price by 1000.

If you hold 10 BTTOLD at 1$ each, after the redenomination, this will become 10,000 BTT at .001$ – in both cases the value of your portfolio remains at 10$.

BTTC Mainnet is a new chain that supports and is compatible with TRON, Ethereum, and Binance Smart Chain (BSC). Via BTTC, decentralized transfer of mainstream assets between TRON, Ethereum, and BSC is now possible without any restrictions.

BitTorrent Wallet

Please follow these step-by-step instructions to easily fulfill your balance or move BTT from BitTorrent Speed to a blockchain wallet.

At this time, you can only withdraw BTT to your Tron Link wallet. To withdraw your off-chain BTT to on-chain BTT, please open the Wallet from within BitTorrent Speed and enter the amount you would like to transfer

Go to TRON website and install any TRX-supporting wallet from the catalog. Create an account (it‘s free!). After logging in, you will be able to transfer BTT from and to your TRON wallet. Don’t forget to secure it!

Here is the list of Exchanges supporting BTT as of today.

First of all, we are sorry to hear that. So far, there is no password restoration mechanism in place, so we strongly recommend that users remember or write down passwords and keep them in a safe space.
The only way to get access to BitTorrent Speed again is to install it from scratch. This is going to be a new wallet, so all the assets will be reset to their initial state. If you want to take this path, please uninstall BitTorrent, then get to %AppData% → Roaming → uTorrent and delete all files that are left. Then, do the same with the helper folder.

Bandwidth and energy are like electricity and water for your house. Bandwidth is needed for all operations on the TRON blockchain while energy is only needed for Smart Contracts. You get 1500 bandwidth free every day, this is about 5 operations. To get more, you can freeze or burn TRX. Freezing TRX gets you X of each resource a day, and you must keep the TRX frozen(staked) for 3 days. At the end of 3 days you can unfreeze (unstake) your TRX and get it all back. If you do not have enough resources, you will burn TRX. Once TRX is burnt, you will not get it back.

You can obtain more energy and bandwidth here: https://tronscan.io/#/wallet/resources

To calculate energy and bandwidth consumption, visit our calculator https://tronstation.io/calculator

Energy: This is a special resource used to process smart contracts on the TRON network. Smart contracts consume Energy in addition to Bandwidth, so be sure you have enough of both when moving your tokens around! This is used for all SmartContracts (TRX20, TRC721, etc)

Bandwidth: Having TRON bandwidth allows you to perform transactions on the TRON mainnet without paying any gas fees. This is used for all transactions. (TRC10, TRC20, TRC721, etc)

WBTT(TRC20) is a wrapped BTTOLD(TRC10) token. It is pegged 1:1 to BTTOLD.

To exchange WBTT for BTTOLD, please visit: https://just.tronscan.io/#/wbtt

To exchange WBTT and BTT (TRC20), please visit: https://sunswap.com/#/v2

To exchange WBTT and TRX, please visit: https://sunswap.com/#/v2

To exchange BTTOLD for BTT, please visit: https://wallet.bt.io/swap?language=EN

To exchange BTT for BTTOLD, first exchange BTT for WBTT, and then exchange WBTT for BTTOLD. At this time, there is direct way to get BTTOLD.

Wrapped crypto tokens such as WBTT are cryptocurrencies pegged to the value of a different crypto.

When a token pegs its value to the value of a different token, it fixes the exchange at a set, predetermined rate. For WBTT, it is pegged 1:1 to BTTOLD.

To create a wrapped token, the original token is ‘wrapped’ into a digital vault, and a new token is created. Wrapping a token allows you to interact with other blockchains.

Please note that, while we employ the highest level of security measures to protect your wallet assets, holding hot (online) cryptoassets is not without risk.
You are strongly advised to protect your device with adequate security measures at all times. Such measures include an access password, PIN, and biometric verification when logging in (among others).
Here are a few simple tips for your wallet protection:

Be careful about where you go online when you’re using a device that has a wallet on it. Dangerous websites and risky Wi-Fi networks put your wallet at risk. At the same time, do not leave your device unattended or lend it to anyone.
Phishing scams through ads and through email are rampant in the crypto world. Phishing scams are becoming more and more elaborate, so make sure email received from wallet companies have their domain spelled correctly and never look for their web address clicking on ads. Once you send a phishing website your private key, you can say goodbye to your funds.
It’s important to double check the address to which you send any payment transaction. There are malicious programs that can edit a “copy and paste” procedure in order to paste a different address, and that new address belongs to an attacker. It’s usually best to send a micro payment as a verification and then send the larger payment to the verified address.

Recovery Phrase Update

The Recovery Phrase is a list of 12 words that are your secret combination that is used to generate both the public and private key of your account. With this phrase, you can import your wallet into any BitTorrent product on a different device. If you lose this phrase, you might lose access to this wallet in the future. You are the only one who has access to your Recovery Phrase.Since this is not recoverable in the future, please be sure to keep this in a safe place.

You can import your old wallet if you have the old recovery information. Your access to the wallet with the old set of keys will still remain as long as you keep the old keys in a safe place to which only you have access. We suggest our users save their old keys as well as their new recovery phrase to avoid losing access to their assets on the blockchain. If you have any questions, please contact support at [email protected]
To import your old wallet, please open the Wallet within BitTorrent Speed and click on import wallet

Torrents and uTorrent client

A torrent client is like a web browser. Just as you can use a web browser to access any website on the internet, you can use a torrent client to download any torrent. Both web browsers and torrent clients are legal technologies.

Antivirus companies are going beyond detecting viruses and malware and into categories of “potentially unwanted programs” they feel you may not want even though they aren’t dangerous.
Note that it is not our clients themselves that are flagged under either category, but occasionally our partner install offers that are flagged in this “potentially unwanted program” category.
Please note that absolutely nothing is installed on your system without your consent during the installation. We suggest

rejecting any partner offers you don’t want installed on uTorrent
adding an exception or temporarily disabling the antivirus software until you have completed your installation

1. You can find torrent links on the Internet by searching in one of numerous open and private torrent catalogs. Download a .torrent file and drag-n-drop it to μTorrent client. Upon adding, you will see the information about the content you want to download. Once the file has been added, you will be able to see your download progress.
2. You can share your content by creating your own torrent link and sharing it with friends or via social media. To make the torrent file, click on File > Create torrent in μTorrent.

μTorrent and BitTorrent are the official torrent clients from the creators of the BitTorrent protocol. It is proprietary (not open-source) software maintained by a legal US company. uTorrent and BitTorrent, the software itself is legal, although it can be used for piracy. The official μTorrent and BitTorrent are free of malware and can be used safely and privately in combination with a VPN. It does not, however, prevent users from downloading malicious files that can infect their device.

1. It’s simple! Just don’t delete the file from BitTorrent client after the download is complete. The longer you stay seeding, the higher your chances of being rewarded with BTT.
2. You start seeding immediately if you create and share your own torrent file.

Unfortunately, there are vandals, thieves, and scammers out there who use phony torrent files to put malware on your computer. By disguising their nasty software as attractive downloads, these scammers try to trick you into installing their stuff. Watch for RAR files, WMV files, and password-protected files, which are just some of the ways torrent files are faked.

No. Both torrent network and classic μTorrent are free to use. Though you might want to try Ad-Free or Pro versions of the client.

Please visit our Help Center or contact Customer Support.

There is no such limit. The more actively you seed, the more chances of earning BTT you get.

Torrenting is is a popular method of file-sharing protocol based on peer-to-peer (P2P) technology. It allows large numbers of users to connect and share content without having to rely on a single source for downloads. Its estimated 3.35% of all internet traffic is handled by BitTorrent, bringing the total number of monthly users to over 250 million!

Glossary

A unit of accounting that is used to represent the digital balance of an asset. Represents a particular fungible and tradable asset or a utility that is often found on a blockchain. The ownership of a token is evidenced through cryptographic mechanisms. Tokens are the fuel of a network, used to reward stakeholders for network services and make the network attack resistant. Cryptographic tokens are tradable and transferrable among the various participants of the blockchain. All cryptocurrencies are cryptographic tokens, but not all cryptographic tokens are cryptocurrencies.

A future iteration of web technology in which all computers both request and provide services; in other words, services are distributed, not localized. The decentralized web is an application of the principles of peer-to-peer networking to websites and web applications. The decentralized web has five components of services: computation, file storage, external data, monetization, and payments. Information is identified based on its content rather than its location on a server.

An infohash is a unique “fingerprint” of data. It is used to prove the validity of a file and to locate other peers in a swarm.

Any computer running a BitTorrent client to which other clients can connect and transfer data. Most peers have only part of the target file. As each peer downloads a new piece of a file, it can then upload the piece to other peers.

AKA Seed Phrase, Mnemonic Phrase. A multi-word phrase (For example, something like “correct-horse-staple-battery…”) which allows a user to recover a lost private key or recover a private key in the case of a forgotten password. This phrase maps directly to the key; no password or connection to the cloud is required if a user (or attacker) has this phrase. Users are encouraged to write these down and hide them in a secure physical location. This is the last line of defense against losing your private key.

A subset of peers that has a complete copy of a file. Seeds no longer download; they only upload.

A network of peers that are all trying to download the same file. Each peer in a swarm has anywhere from none of the file to the entire file. They are all uploading, downloading, or both to each other simultaneously. A swarm is joined when a client loads a torrent file.

A small file with the extension .torrent that contains information about the file, its length, name, hashing information, and the location of a tracker. To start sharing a file, a user uploads a torrent to a server. It can then be downloaded by users from torrent websites.

A server that helps peers find each other. A tracker maintains information about each torrent client using each torrent, and coordinates the transfer of files among users; it does not have a copy of the file being shared, and it does not host torrents.

A password which serves to locally decrypt a private key stored on a user’s disk. The password should be kept in secret because anyone who gains access to the device can retrieve the private key and steal the wallet’s funds.

The Wallet’s Private Key, is the private key tied to the Wallet, it is how you show ownership of the wallet. This must be kept strictly secret; anyone who has this key controls all funds stored on the blockchain by the wallet.

A public key is your Wallet’s public address. It is tied to your private key. Since all public keys are public, knowing a public key allows anyone to inspect the history of transactions on the chain or send coins or tokens to its owner.

A type of distributed, decentralized public ledger comprised of a sequence of blocks (digital information) stored in a chain (database). Three types of digital information are stored in each block: transaction information, transaction participation information, and information that uniquely identifies the block.