The sale of BTTs runs out a few minutes after the launch

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By Matheus Henrique
Published January 28, 2019

The BitTorrent token (BTT) was at the long-awaited release. The new token, which will work on the Tron channel chain, gives hope for cryptomerate appreciation and significantly improves acceptance of digital resources. All this waiting and anxiety resulted in the success of the initial sale of the chips on the Binance launcher.

The public sale of 59.8 billion BTT tokens, valued at about R $ 27 million, was sold a few minutes after the start of the negotiations. . Still according to the information, the sale lasted longer than expected, due to technical problems that frustrated some users.

The public sale on the Launchpad was open on February 28 at 1 pm and was to last until 3 pm on February 13, but it did not take 1% of the scheduled time to all BTTs are purchased.

The sale was made in two sessions, one for those who would buy the currency using the national currency of TRON (TRX) and one for those who would buy with the local currency of Binance (BNB). According to the details of the sale, each currency was valued at 0.00012 USD during trading.

Today's two sales started at the same time and would end when the sales limit was reached or when the end date would be reached.

According to a tweet from Tron's CEO and founder, Justin Sun, the limit of 23.76 billion chips for the BNB session was reached in 13 minutes and 25 seconds, while the threshold of 35.64 billion for the TRX session was reached in 14 minutes and 41 seconds.

It is official: during the session of the NBB, 23.76 billion BTT were sold to symbolic participants in 13 minutes and 25 seconds. During the TRON session, the 35.64 billion BTTs were sold in 14 minutes and 41 seconds. #BTT $ TBT #BitTorrent #TRON https://t.co/C1dqxRkO2l

– Justin Sun (@justinsuntron) January 28, 2019 [19659015] Binance's CEO, Changpeng "CZ" Zhao, tweeted that the sale could end in a matter of seconds if the technical issues related to the Launchpad platform were not resolved.

The two sessions ended. Took about 18 minutes, because of a system problem, would have taken 18 seconds otherwise. "The two sessions were finished in less than 18 minutes because of technical problems, they could have been completed in 18 seconds."

– CZ Binance January 28, 2019

The demand was astronomical. "

Whoever was waiting to buy the token at first had to be quick. Now the only way is to buy [1]. "[1] P2P who managed to secure tokens or wait for planes already confirmed.

Unfortunately, neither with the launch.Tron managed to escape the general fall that hit the market early Monday.