BTM

What Is the Native Token of Bytom?

The Bytom native token (BTM) is the foundational cryptocurrency of the Bytom/BytomDAO blockchain, used for paying transaction fees, incentivizing network participants, and serving as a unit of account and settlement asset across the ecosystem. As a “coin,” BTM is issued and circulates directly on its own mainnet, distinguishing it from “tokens” that rely on other public chains.

Within the network, miners earn newly issued BTM by verifying transactions and packaging blocks through computational work (i.e., “minable”). BTM can also be used as collateral or a payment instrument in decentralized applications, with specific usage determined by the rules of each application’s smart contract.

What Are the Current Price, Market Cap, and Circulating Supply of Bytom Native Token (BTM)?

Based on the reference data as of December 29, 2025:

• Price: $0.000876
• Circulating Supply: 1,550,139,251.2106 BTM
• Circulating Market Cap: $1,358,212.20 (“circulating market cap” is calculated as circulating supply × current price)
• Total Supply and Max Supply: 2,100,000,000 BTM (the supply cap reflects the protocol’s maximum issuance limit)
• Fully Diluted Market Cap: $1,839,993.16 (“fully diluted market cap” equals max supply × current price, measuring potential value if all tokens are unlocked)
• Number of Trading Pairs: 66

Note: Due to varying liquidity across markets, short-term price fluctuations and trading volume may differ. Before trading, it is recommended to check the latest price, order book depth, and volume on the Gate spot trading page for more accurate reference.

Data source: Snapshot provided for this article, timestamped December 29, 2025; project details available at the official site bytom.io.

Who Created the Bytom Native Token (BTM) and When?

BTM originates from the Bytom blockchain project ecosystem. Public records show Bytom was designed as an underlying network for “multi-asset on-chain issuance and exchange,” later introducing BytomDAO for enhanced community governance and multi-chain compatibility. The official site is bytom.io; for specific milestones and governance updates, refer to official announcements and community channels.

For beginners, understanding the “project trajectory” is more important than memorizing dates: first comes the mainnet and native coin, followed by gradual expansion into multi-chain ecosystems and applications, forming a model of “mainnet assets + cross-chain mapping.”

How Does the Bytom Native Token (BTM) Work?

BTM is issued via Proof of Work (PoW) mining. PoW is a consensus mechanism where miners compete using computational power for block validation rights—the winner packages the block and earns newly minted coins plus transaction fees. This process maintains ledger consistency in a decentralized manner.

On-chain, BTM is used to pay transaction gas fees (network costs per transaction), discouraging spam and incentivizing miners. As the ecosystem expands, BTM can participate in compatible smart contract environments as an asset. For cross-chain activity to Ethereum, Polygon, or other EVM-compatible chains, BTM typically uses a cross-chain bridge to generate mapped assets on the target chain. Cross-chain bridges lock assets on the source chain and mint corresponding tokens on the destination chain—enabling multi-chain liquidity but requiring careful attention to contract and custody risks.

What Are the Use Cases for Bytom Native Token (BTM)?

• Fee Payment: On the Bytom mainnet, transferring funds or interacting with contracts requires BTM for gas, maintaining network operations and resource allocation.
• Network Incentives: Miners or nodes earn BTM rewards for processing transactions, creating a feedback loop of “security provision—reward.”
• DeFi Applications: In compatible contract environments, BTM can serve as collateral, lending unit of account, or liquidity component—specific rules depend on each contract.
• Asset Onboarding & Settlement: For real-world asset (RWA) issuance, registration, or settlement scenarios, BTM may be used for fees, collateral, or as a settlement unit—always refer to business specifics and contract details.

Example: In a lending app, users might deposit BTM to obtain borrowing capacity; for cross-chain payments, users can bridge mainnet BTM to EVM chains for contract-based payments.

Which Wallets and Extension Solutions Support Bytom Native Token (BTM)?

• Wallet Types: Choose between dedicated mainnet wallets and universal EVM wallets. Mainnet wallets manage native BTM; EVM wallets handle bridged versions. Always confirm download sources and supported networks via official site or documentation to avoid phishing risks.
• Block Explorer: Used to check transaction hashes, address balances, and block details—helpful for verifying transfers and fee expenditures.
• Cross-Chain & Contract Addresses: Before bridging assets, verify target chain contract addresses and supported networks via bytom.io or official sources to prevent unrecoverable errors.

Operational Tip: Selecting the correct “network” for multi-chain assets is crucial—ensure withdrawal/deposit networks match the destination address; for first-time users, conduct small test transactions.

What Are the Main Risks and Regulatory Considerations for Bytom Native Token (BTM)?

• Price & Liquidity: Smaller cap assets are more sensitive to fund flows—bid-ask spreads and slippage can be significant; executed trades may not match ideal prices.
• Cross-Chain & Contract Risks: Vulnerabilities in bridges or smart contracts may result in asset loss. Only use audited or officially recommended solutions—and limit single transfer amounts.
• Consensus & Issuance: As a minable asset, changes in mining incentives, block parameters, or emission rules can affect market supply and miner behavior.
• Regulatory Uncertainty: Compliance requirements vary by jurisdiction—especially for payments, securities features, or real-world asset integration; monitor local regulations.
• Platform Listings & Delistings: Exchanges may adjust supported assets based on liquidity or compliance; if delisted, self-custody becomes necessary.
• Account & Private Key Security: Enable two-factor authentication and withdrawal address whitelisting; for self-custody, securely backup seed phrases offline to prevent phishing or unauthorized access.

How Do I Buy and Safely Store Bytom Native Token (BTM) on Gate?

Step 1: Visit gate.com to register an account and enable two-factor authentication via Google Authenticator or SMS for enhanced security.

Step 2: Complete identity verification (KYC) to increase deposit/trading/withdrawal limits and comply with regulations.

Step 3: Deposit funds—purchase USDT through fiat channels or acquire a deposit address on the asset page for crypto deposits. Double-check networks and addresses before depositing; consider a small test transfer.

Step 4: On the spot trading page, search for “BTM” to find pairs like BTM/USDT; check latest prices, trade activity, and order book depth.

Step 5: Select your order type—market orders prioritize speed; limit orders let you set your preferred price. Review amount, price, and fees before submitting.

Step 6: Confirm trade execution and asset consolidation—on the “Assets” page, verify purchased BTM quantity; consider staggered purchases to average entry cost.

Step 7: Secure storage—if holding on Gate, enable fund password, withdrawal address whitelisting, and device management. If withdrawing to self-custody wallet:

• Confirm whether your destination network is Bytom mainnet or EVM mapped version;
• Verify contract addresses and networks through official channels;
• Backup seed phrases offline; test with small withdrawals initially;
• Regularly review authorizations; revoke unnecessary contract permissions.

How Is Bytom Native Token (BTM) Different from Bitcoin (BTC)?

Positioning: BTM focuses on multi-asset onboarding and multi-chain ecosystem applications—emphasizing usability in DeFi and potential RWA scenarios. BTC is primarily designed as a decentralized store of value and peer-to-peer payment system.

Supply & Economic Model: BTM’s max supply is 2.1 billion coins; BTC’s cap is 21 million coins. These differences affect scarcity logic and unit price anchoring.

Functional Features: BTM can participate in smart contracts and DeFi within compatible environments; BTC’s native chain does not support Turing-complete smart contracts—it mainly leverages sidechains or Layer 2 networks for expanded use cases.

Consensus Mechanism: Both use PoW for security but differ in algorithms, block parameters, and incentives—resulting in distinct mining ecosystems and cost structures.

Ecosystem & Liquidity: BTC enjoys widespread global liquidity and adoption; BTM’s ecosystem centers on asset onboarding and specific application sectors—actual liquidity depends on market depth.

Summary of Bytom Native Token (BTM)

BTM is the native coin of the Bytom/BytomDAO network with mineable issuance and a fixed supply cap. Its core roles include paying transaction fees, incentivizing network security, and circulating in multi-chain applications. As of December 29, 2025 data, BTM’s price is low with limited market cap—making it sensitive to capital flows and news events. In terms of use cases, BTM supports fee settlement, DeFi, and emerging RWA applications—but cross-chain transfers and contract interactions should strictly follow official instructions to mitigate risks. Beginners can register on Gate, complete KYC/deposits/trading with staged limit orders to manage cost basis; secure storage requires careful network selection, address verification, and small test withdrawals. Ongoing monitoring of bytom.io and Gate price pages is advised; combine risk tolerance with regulatory awareness when making trading or holding decisions.

FAQ

Is BTM Suitable for Long-Term Holding?

As Bytom’s native token, BTM’s long-term value depends on project development progress and market acceptance. New users should thoroughly research project fundamentals before setting an investment strategy based on personal risk tolerance. Stay updated by following official Bytom news and engaging with community discussions.

What Is the Total Supply of BTM?

Bytom set a fixed maximum supply at genesis. Specific supply figures can be verified via Bytom’s official website or block explorer. BTM adopts periodic release mechanisms—the circulating supply increases over time which can influence its price dynamics.

How Can I Verify Authenticity of BTM?

To ensure authenticity of BTM tokens, verify contract addresses and on-chain data. Tokens purchased from regulated exchanges like Gate are subject to strict vetting for security. When receiving BTM in a self-managed wallet, check the token contract address via Bytom’s official block explorer against published information.

What Are the Main Uses of BTM on Bytom Network?

BTM serves as payment for transaction fees, smart contract operations, and participation in network governance within the Bytom ecosystem. Holding BTM allows involvement in key community decisions. Additionally, BTM functions as an exchange unit and foundational asset for cross-chain transfers—supporting Bytom’s heterogeneous cross-chain protocol operations.

Where Can I Safely Buy BTM?

It is recommended to purchase BTM at reputable exchanges like Gate which maintain strict token listing audits ensuring fund safety. After purchase, consider transferring tokens to hardware wallets or trusted software wallets for self-custody—avoid long-term storage on exchanges. For first-time transactions start small to familiarize yourself before increasing exposure.

Bytom (BTM) Key Terminology Table

• UTXO Model: The Unspent Transaction Output model used by Bytom, similar to Bitcoin’s accounting mechanism.
• Asset Issuance: The ability to create custom digital assets on the Bytom chain.
• Sidechain: An independent blockchain running parallel to the mainnet—enables cross-chain asset transfers and scalability.
• Proof of Work (PoW): Consensus mechanism used by Bytom where miners compete computationally to validate transactions and generate new blocks.
• Cross-chain Interaction: Bytom enables asset/information transfer between different blockchains for multi-chain interoperability.
• Virtual Machine: The computation environment that executes smart contracts—Bytom supports contract compilation/execution via its virtual machine.

Bytom (BTM) References & Further Reading

• Official Website / Whitepaper:

  • https://bytom.io/
  • https://github.com/Bytom/bytom
  • https://bytom.io/en/whitepaper

• Development / Documentation:

  • https://docs.bytom.io/
  • https://github.com/Bytom/bytom/wiki
  • https://bytom.io/en/developers

• Authoritative Media / Research:

  • https://medium.com/bytomofficial
  • https://www.coindesk.com/
  • https://cointelegraph.com/