BTM
Reputation Ratings

BTM

Bytom 5-10 years
Website http://bytom.io/
Browser
OTH RELPs
Github
White Paper
Avg Price
+5.06%
1D

$ 0.012147 USD

$ 0.012147 USD

Market Cap

$ 19.991 million USD

$ 19.991m USD

24h trading volume

$ 429,174 USD

$ 429,174 USD

7d Vol

$ 2.812 million USD

$ 2.812m USD

Circulating supply

1.6405 billion BTM

Related information

Issue Time

2017-08-09

Platform pertained to

--

Current price

$0.012147USD

Market Cap

$19.991mUSD

Volume of Transaction

24h

$429,174USD

Circulating supply

1.6405bBTM

Volume of Transaction

7d

$2.812mUSD

Change

24h

+5.06%

Number of Markets

64

Github Messages

More

Warehouse

None

Github's IP Address

[Copy]

Codebase Size

32

Last Updated Time

2020-12-21 06:21:08

Language Involved

--

Agreement

--

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Introduction

Markets

3H

-0.2%

1D

+5.06%

1W

+5.16%

1M

+6.58%

1Y

-44.89%

All

-89.19%

Short Name BTM
Full Name Bytom Decentralized Autonomous Organization
Founded Year 2017
Main Founders Duan Xinxing, Lang Yu
Support Exchanges KuCoin, Binance, CoinEx, Gate.io, MEXC, Hotbit, HTX, eToro, UniSwap, and PancakeSwap
Storage Wallets Metamask, Coinbase Wallet and WalletConnect
Customer Support Email, Social Media Channels

Overview of BTM

BTM is a decentralized autonomous organization focused on the tokenization of assets and providing decentralized financial services. BTM operates on the Bytom blockchain, a blockchain designed for asset management and interoperability between diverse blockchains.

BTM's homepage

To obtain more information, you can visit their website: https://bytomdao.org/ and try to log in or register to use more services.

Pros & Cons

Pros Cons
Decentralized Governance Regulatory Uncertainties
Innovative Asset Tokenization Requires User Education
Cross-Chain Asset Management
Multiple Storage Wallets
Growing Exchange Support

Pros

  • Decentralized Governance: Community-driven decisions ensure user-centric growth.

  • Innovative Asset Tokenization: Seamless conversion of physical and digital assets into tradable tokens.

  • Cross-Chain Asset Management: Interoperability facilitates cross-blockchain transactions.

  • Multiple Storage Wallets: Supports various secure wallets like Ledger, Trezor, and Bytom Wallet.

  • Growing Exchange Support: Listed on multiple exchanges, increasing liquidity and accessibility.

  • Cons
    • Regulatory Uncertainties: Potential regulatory challenges in different jurisdictions.

    • Requires User Education: Understanding decentralized governance requires thorough education.

    • What Makes BTM Unique?

      BTM stands out for its innovative approach to decentralized governance and asset tokenization. It utilizes the Bytom blockchain, offering interoperability with multiple blockchains. This enables the seamless conversion of physical and digital assets into tradable tokens. BTMs decentralized governance ensures community-driven decision-making, fostering user-centric platform development.

      What Makes BTM Unique?

      How does BTM Work?

      BTM operates using smart contracts to facilitate decentralized financial services like asset tokenization, lending, and staking. The DAO uses Bytom‘s BTM tokens for governance, enabling token holders to vote on proposals and influence platform direction. BTM’s cross-chain interoperability allows users to trade and manage assets across different blockchains securely.

      How does BTM Work?

      Price

      Overall Trend: Relatively Flat with Slight Upward Bias

      The opening price on May 2nd was $0.01053 and the closing price on May 9th was $0.01107, representing a net increase of around 5%. However, the price movements were fairly contained within a narrow range.

      Key Observations:

      • Low Volatility: Compared to the STETH data you provided earlier, BTM exhibited lower daily price swings. The largest daily range was only around $0.0008.

      • Highest and Lowest: The highest price point was $0.01141 (May 3rd) and the lowest was $0.01021 (May 2nd).

      • Trading Volume: Trading volume remained consistent throughout the week, with no significant spikes or dips.

      Exchanges to Buy BTM

      BTM is listed on the following exchanges:

    • KuCoin: KuCoin is a global cryptocurrency exchange platform known for its wide range of tradable assets and advanced trading features. It offers users access to a diverse selection of cryptocurrencies, including popular coins and tokens, as well as innovative projects. KuCoin provides a user-friendly interface, competitive trading fees, and various trading pairs to cater to both beginners and experienced traders.

    • Centralized Exchange (CEX) Step 1. Choose a reliable CEX. Step 2. Create an account and enable security measures. Step 3. Complete KYC verification. Step 4. Add a payment method. Step 5. Buy BTM.
      Crypto Wallet Step 1. Choose a wallet. Step 2. Download the app. Step 3. Create or import a wallet address. Step 4. Buy BTM using supported payment methods. Step 5. Swap for BTM if necessary.
      Decentralized Exchange (DEX) Step 1. Select a DEX. Step 2. Acquire base currency from a CEX. Step 3. Transfer base currency to your web3 wallet. Step 4. Swap base currency for BTM.
    • See this link for details on how to buy BTM: https://www.kucoin.com/how-to-buy/bytom

    • Binance: Binance is one of the largest and most well-known cryptocurrency exchanges globally, offering a comprehensive range of trading services. It provides users with access to an extensive selection of cryptocurrencies for trading, along with advanced trading features such as spot trading, futures trading, margin trading, and staking. Binance is renowned for its liquidity, security measures, and innovative initiatives in the cryptocurrency space.

    • Step 1 Download Trust Wallet - Download Trust Wallet from the iOS App Store or Google Play Store.- Alternatively, download the Trust Wallet Chrome extension if using a desktop computer.
      Step 2 Set up Trust Wallet - Register and set up your wallet via the Trust Wallet app or Chrome extension.- Securely store your seed phrase and note down your wallet address.
      Step 3 Buy ETH - Login to your Binance account.- Purchase Ethereum (ETH) on the Binance Crypto webpage.
      Step 4 Send ETH from Binance to Trust Wallet - Go to your Binance wallet section.- Initiate a withdrawal of ETH.- Provide your Trust Wallet address as the destination.- Confirm the transaction and wait for ETH to appear in your Trust Wallet.
      Step 5 Choose a Decentralized Exchange (DEX) - Research and choose a DEX compatible with Trust Wallet.
      Step 6 Connect Trust Wallet to DEX - Use your Trust Wallet address to connect it to the chosen DEX.
      Step 7 Trade ETH for desired coin on DEX - Select ETH as the payment currency.- Choose the desired coin (e.g., BitMeme) as the coin you want to acquire.
      Step 8 Find Smart Contract if coin not available - If the desired coin is not available on the DEX, find its smart contract address on Etherscan.io.
      Step 9 Apply the Swap - Paste the smart contract address into the DEX (e.g., 1inch).- Verify the contract address to avoid scams.- Initiate the swap from ETH to the desired coin (e.g., BitMeme).- Confirm the transaction and complete the swap.
    • See this link for details on how to buy BTM: https://www.binance.com/en/how-to-buy/bitmeme

          • CoinEx: CoinEx is a cryptocurrency exchange platform that focuses on providing high-performance trading services and a wide range of digital assets. It offers users access to various trading pairs, including Bitcoin, Ethereum, and many altcoins. CoinEx is known for its user-friendly interface, low trading fees, and commitment to security and customer satisfaction.

          • Gate.io: Gate.io is a cryptocurrency exchange platform that offers a diverse range of trading services and digital assets. It provides users with access to spot trading, futures trading, margin trading, and more. Gate.io is recognized for its intuitive interface, extensive range of trading pairs, and strong security measures to protect users' funds and data.

          • MEXC: MEXC is a cryptocurrency exchange platform that provides users with access to a wide range of digital assets and trading pairs. It offers spot trading, futures trading, margin trading, and decentralized finance (DeFi) services. MEXC emphasizes user experience, security, and innovation, striving to meet the diverse needs of cryptocurrency traders worldwide.

          • Hotbit: Hotbit is a cryptocurrency exchange platform that offers users access to a variety of digital assets and trading pairs. It provides spot trading, futures trading, and other services, catering to both beginner and experienced traders. Hotbit is known for its user-friendly interface, competitive trading fees, and commitment to security and customer support.

          • HTX: HTX is a cryptocurrency exchange platform that provides users with access to a range of digital assets and trading services. It offers spot trading, futures trading, and other features to meet the needs of cryptocurrency traders. HTX prioritizes security, liquidity, and user experience, aiming to create a reliable and efficient trading environment.

          • eToro: eToro is a social trading platform that offers cryptocurrency trading services alongside traditional financial instruments like stocks, commodities, and forex. It allows users to buy, sell, and trade cryptocurrencies through a user-friendly interface and access social trading features such as copy trading and social sentiment analysis. eToro is known for its emphasis on user education, community engagement, and social trading tools.

          • UniSwap: Uniswap is a decentralized cryptocurrency exchange (DEX) protocol built on the Ethereum blockchain. It enables users to swap various ERC-20 tokens directly without the need for intermediaries. Uniswap utilizes an automated market-making (AMM) mechanism and liquidity pools to facilitate trustless and permissionless token swaps. It is widely used for trading and providing liquidity to decentralized finance (DeFi) projects.

          • PancakeSwap: PancakeSwap is a decentralized cryptocurrency exchange (DEX) built on the Binance Smart Chain (BSC). It operates similarly to Uniswap but with lower fees and faster transaction speeds due to its integration with the Binance Smart Chain. PancakeSwap allows users to swap BEP-20 tokens, provide liquidity to earn rewards, and participate in yield farming and other DeFi activities within the Binance Smart Chain ecosystem.

          • How to Store BTM?

            BTM tokens can be securely stored in the following wallets:

            • MetaMask: MetaMask is a popular cryptocurrency wallet browser extension that allows users to interact with the Ethereum blockchain and its decentralized applications (dApps) directly from their web browser. It provides features such as wallet management, transaction signing, and seamless integration with various Ethereum-based services and decentralized exchanges (DEXs).

            • Coinbase Wallet: Coinbase Wallet is a mobile cryptocurrency wallet developed by Coinbase, one of the largest cryptocurrency exchanges. It enables users to securely store, send, and receive a variety of cryptocurrencies, including Bitcoin, Ethereum, and ERC-20 tokens. The wallet also supports decentralized applications (dApps) and provides a built-in decentralized exchange (DEX) for trading cryptocurrencies directly from the app.

            • WalletConnect: WalletConnect is an open-source protocol that facilitates communication between decentralized applications (dApps) and cryptocurrency wallets. It allows users to securely connect their wallets to dApps running in web browsers or mobile devices using encrypted QR code scanning or deep linking. WalletConnect enhances the user experience by providing seamless interaction between wallets and dApps while maintaining user control over their private keys and funds.

            • How to Store BTM Tokens?

              Is BTM Safe?

              BTM incorporates decentralized governance and cryptographic security measures to safeguard user assets. However, investing in BTM still involves potential risks, including market volatility, network congestion, and smart contract vulnerabilities.

              How to Earn BTM Tokens?

              • Staking: Earn rewards by staking BTM tokens in governance.

              • Liquidity Mining: Provide liquidity to earn BTM tokens as rewards.

              • Trading: Buy and sell BTM tokens on supported exchanges.

              • Participation Rewards: Earn rewards through active participation in governance.

              • FAQs

                Question: How does BTM differ from other DeFi platforms?

                Answer: It provides innovative cross-chain asset management and decentralized governance.

                Question: How can I earn BTM tokens?

                Answer: You can earn BTM tokens through staking, liquidity mining, trading, and participation rewards.

                Question: Where can I buy BTM tokens?

                Answer: BTM tokens are available on KuCoin, Binance, CoinEx, Gate.io, MEXC, Hotbit, HTX, eToro, UniSwap, and PancakeSwap.

                Question: What wallets can I use to store BTM tokens?

                Answer: You can use Metamask, Coinbase Wallet and WalletConnect.

                Risk Warning

                Investing in BTM and other cryptocurrencies carries potential risks, including market volatility, regulatory changes, and security threats. Thorough research and professional guidance are recommended before investing.

User Reviews

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3 ratings

Participate in evaluation
天英久兴94431
Bitcoin is not bad, it has been around for six or seven years, although it has been falling all the time, but it is not dead yet.
2024-03-17 14:28
2
天英久兴94431
From the growth experience and development form, it can be basically concluded that compared to the original chain BTM, it is the phoenix tail of the entire virtual currency industry, that is, the "phoenix". As the saying goes, both the dragon head and the phoenix tail are auspicious.
2024-05-21 17:14
3
Arvind
nice
2022-10-24 20:12
0