Skip to content

How & Where to Buy Bytom A Step-by-Step Guide to Buying BTM

  1. Sign up at CoinSwitch, the #1 rated BTM exchange.
  2. Fund your account with cash or crypto.
  3. Buy BytomBTM
  1. STEP 1Find the Best BTM Exchange
    • coinswitch reviews
      Ease of use
      Time to 1st Buy
      24h Volume

      This mobile aggregator platform collects data from all major exchanges, making it possible to swap a large number of cryptocurrencies at highly competitive rates. Mobile app-only CoinSwitch Kuber is the most popular cryptocurrency exchange service in India, with over 4 million users. Hassle-free arbitrage and trading process.

    • 102
      Ease of use
      Time to 1st Buy
      2 hrs
      24h Volume

      China’s biggest cryptocurrency exchange and the second-biggest exchange in the world. Huobi is highly respected and well designed, with a stunning trading platform, more than 50 fiat currencies accepted, and fair trading fees. Now based in Seychelles and listed in Hong Kong, it serves a primarily Asian customer base.

    Go to CoinSwitch and create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  2. STEP 2Fund Your Account

    It is now time to add funds to your newly created exchange account. This will allow you to purchase Bytom BytomBTM quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy BTM with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for BTM.

Frequently Asked Questions About Buying & Selling Bytom (BTM)

How do I Buy BTM with Crypto?

If you want to buy BTM with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for CoinSwitch and send your crypto to your account.

You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to CoinSwitch.

You will then copy that address and paste it into the wallet holding your cryptocurrency and send.

Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.

How do I sell Bytom (BTM)?

To sell BTM, simply reverse the buying process described above. You will likely need to trade your BytomBTM into a USD coin like usdtUSDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.

Bytom Research Center

Bytom Technical Details & Statistics

  • Market Rank422
  • Market Cap71,012,483
  • Circulating Supply1,605,114,819
  • Total Supply1,701,920,175 BTM
  • Max Supply2,100,000,000
Yesterday's Trading
  • 24 HR Volume21,843,893 USD
  • Yesterday's High / Low---
  • Yesterday's Open / Close---
  • Yesterday's Change---
All Time Performance
  • All Time High---
  • All Time Low---

What is Bytom?

Bytom (BTM) is an ambitious blockchain-based cryptocurrency with the stated goal of bridging the digital world with the physical world. The Bytom Foundation aims to build a decentralized network where digital and physical assets can be registered and exchanged, allowing for “cross-talk” among real-world digital systems with the Bytom blockchain. Their model is loosely based on “Internet of Things” technology through which its network can interact with other data systems outside of its own blockchain.

Within Bytom’s software architecture exists a governance hierarchy that has the express goal of increasing the coin’s functionality by developing integration protocols with real-world data systems, and potentially other blockchains as well. Ultimately, Bytom hopes to achieve the representation of outside data through usage of its own asset management and creation system, with the Bytom-native coin (BTM) acting as the primary intermediary between its network and the outside world.

History of Bytom

Bytom was conceived by Chinese blockchain enthusiasts Chang Jia and Duan Xinxing in 2016. The pair had previous experience working together in the development, a China-centric bitcoin discussion forum which remains tremendously popular. Encouraged by their success, Jia and Xinxing set about designing a new type of digital asset management system that had the novel feature of being able to interact with outside, non-native systems. Within a week after being listed on exchanges, in August 2017, Bytom surpassed $200 million in market cap value, making it one of the fastest growing cryptocurrencies to ever hit the markets.

How Bytom Works

Bytom describes itself as an “interactive protocol of multiple byte assets.” Digital assets that are native to the Bytom blockchain are referred to as Heterogeneous Byte-Assets, while assets based on information gathered from the real world are called Atomic Assets. Examples of Atomic Assets include warrants, securities, dividends, bonds, intelligence and forecasting information. This information can then be registered, exchanged, gambled upon, or engaged in smart contract-based interoperations via the Bytom blockchain.

The Bytom governance structure is divided into three tiers as described below, and ultimately supervised by the Bytom Foundation:

  • Bytom Coin Holder Assembly – the highest level of governance, a collective composed of the biggest coin holders which vote on decisions guiding the direction of blockchain and network development.
  • Autonomous Committee – held responsible by the Coin Holder Assembly, elects members of the Executive Committee and supervises their progress in system development.
  • Executive Committee – responsible for day-to-day operations of the Bytom network, also responsible for creating “management centers,” which include a blockchain technology development center, blockchain business application center, financial management center, risk management center, as well as an integrated services management center.

Why Bytom?

Bytom’s highly-democratic system is original and not based on any pre-existing cryptocurrency. The guiding and implementation of network processes is unique and thus it is far different from the organizational structures that maintain traditional coins like bitcoin and Ethereum. Instead, the Bytom Foundation relies on communal efforts in which any coin holder can partake so long as their contributions are successfully voted into the system.

The Bytom Foundation also retains a law firm in China, where it is based, to help it traverse constantly shifting legal matters. Its democratic nature, adherence to regulatory standards and flexibility of the network make it one of the more popular China-based coins currently in existence.