Bytom (BTM) is a blockchain protocol designed to bridge digital and physical assets, facilitating the exchange, management, and tokenization of various assets. It uses a triple-layer approach to blockchain distributed applications, enabling faster and more secure transactions. The Bytom token (BTM) has three main uses: transaction fees, dividends, and asset issuance deposits. The protocol aims to create a decentralized network where different types of assets can be registered and exchanged efficiently and securely.
Bytom (BTM) is the native cryptocurrency of the Bytom blockchain, which is designed to bridge the physical and digital worlds by creating a digital asset layer protocol. The Bytom ecosystem is powered by BTM, which serves several purposes within the network:
Transaction Fees: BTM is used to pay for network fees on the Bytom blockchain, facilitating transactions and asset management.
Dividends: BTM is used to distribute dividends to asset holders, ensuring a secure and efficient process through smart contracts.
Asset Issuance Deposits: BTM is required for asset issuance and management, allowing users to register, manage, and exchange digitized assets.
In summary, Bytom (BTM) is the core currency that enables the functioning of the Bytom blockchain, supporting various financial and digital asset applications.
To store Bytom (BTM) tokens, you should use the Bytom official wallet. It is available on Windows, Mac, and Linux operating systems. The Bytom team has also created a user manual to help you set up and use the wallet. Ensure that you only send the regular BTM tokens to the official wallet, as the ERC20 BTM tokens are being converted to the regular tokens on the Bytom blockchain.
To buy Bytom (BTM) tokens, follow these steps:
Choose a Platform: Select a reliable platform such as MEXC, Kriptomat, Bitget, or Gate.io to purchase your Bytom tokens.
Create and Verify Your Account: On the chosen platform, sign up with your name and email or use Google or Apple to register. Verify your email, phone number, and identity to unlock the full potential of the platform.
Add Funds: Deposit funds into your account using a bank transfer or credit/debit card. This will enable you to purchase Bytom and other cryptocurrencies.
Select Bytom: Navigate to the platform's cryptocurrency list and choose Bytom (BTM).
Enter Amount and Confirm: Enter the amount of Bytom you want to buy, preview the transaction, and confirm your purchase.
By following these steps, you can securely and efficiently buy Bytom tokens on your chosen platform.
