Please note that as of June 2020, as per the official BitTorrent Foundation announcement, the monthly BTT Airdrop will cease indefinitely
The official announcement from the BitTorrent Foundation can be read below:
https://medium.com/@BitTorrent/announcing-the-end-of-btt-airdrops-to-trx-holders-d6bf89327e0b
All CoinSpot TRX holders will receive a monthly BTT airdrop.
We will calculate the amount of BTT to distribute to holders of TRX based on the snapshot of the amount of TRX held on the 11th of each month.
The total amount of BTT you receive from your TRX holdings is the ratio of TRX you hold on the 11th of the month against the total CoinSpot customer TRX holdings.
BTT will be credited by the end of the same month of calculation.
Please ensure that your TRX is in your CoinSpot wallet before 11/02/2019 or you will not be eligible for the first BTT Airdrop
The future BTT airdrop timeline is:
- February 11, 2019 – Initial airdrop of 10,890,000,000 BTT
- March 11, 2019 — February 11, 2020 – Amount of BTT airdropped: 990,000,000
- March 11, 2020 — February 11, 2021 – Amount of BTT airdropped: 1,072,500,000
- March 11, 2021 — February 11, 2022 – Amount of BTT airdropped: 1,155,000,000
- March 11, 2022 — February 11, 2023 – Amount of BTT airdropped: 1,237,500,000
- March 11, 2023 — February 11, 2024 – Amount of BTT airdropped: 1,320,000,000
Need more help?
Please submit your request via Zendesk - https://coinspot.zendesk.com/hc/en-us/requests/new
or start a conversation with us via Live Chat and our team will provide full instructions and advice.
Comments
3 comments
Hello,
I hold a lot of TRX and i just saw this update regarding the BTT airdrop.
What rate does Coinspot use to calculate the amount of BTT each TRX holder receives?
Is there a certain percentage?
If I am not wrong, over a period of 5 years the total airdrop will be equal to 1:1 ratio. The first airdrop on the 11th Feb snapshot is approximately 1:0.11 so if you have 100k TRX then you will get 11000 BTT. this is what I understand.
So when can we trade this on coinspot?
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