Characteristics of btt coins
Btt coins have a major but not necessarily unique nature: btt coins are used for membership fees of block trading exchanges. Exchange members can pay their membership fees in euros or bitcoins. The pricing and cost of btt coins are changing. While issuing security tokens, Blocktrade hopes that startups can pay the cost of listing through btt and ensure that the whole process can be completed faster.
Btt is issued in the form of coupons, which provides other privileges and functions that cannot be obtained or are more expensive for the token holders of block trading platforms. According to the offer issued by the token holder, once it is used in the service provided by the Blocktrade platform, the token will never be accessible. Blocktrade will transfer the used btt to a blank smart contract, in which these btt tokens can never be accessed. The batch processing and buffer period between the time when the token is used and the time when the token is sent to the empty smart contract is controlled by Blocktrade.