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View ChartTorum (XTM) is a SocialFi ecosystem built specifically for the cryptocurrency community. Described as the world's first social media platform designed to connect cryptocurrency users, Torum combines social networking, an NFT marketplace, DeFi tools, and a mission system into a single connected platform. The project aims to bridge global crypto users, projects, and resources within one comprehensive one-stop ecosystem. Torum V2 extends the platform into a dedicated SocialFi application for NFT owners, creators, and artists, using 3D AR NFT face filters to transform NFTs into ready-to-use face filters for Web3 identities.
XTM is the native token of the ecosystem, issued on BNB Smart Chain as a BEP-20 token, and it supports Ethereum cross-chain exchange. The token has a maximum and total supply of 800,000,000 XTM. The project was founded in 2018 and is headquartered in Bangsar, Malaysia. Torum has progressed through multiple whitepaper versions, including a v4.0 whitepaper and a dedicated Torum V2 whitepaper, and it maintains an active presence across social media and crypto data platforms.
Torum was founded in 2018 by co-founders Yi Feng Go and Jayson Tan. Jayson Tan was introduced to cryptocurrency and blockchain technology by a friend in early 2017, and he was inspired by the future of the industry to venture into the space. Together with his childhood friends, he founded Torum as a social media platform designed to connect cryptocurrency users. His professional headline reflects the project's NFT-focused direction: "Bring your NFT to life."
The project raised a total of $1.45 million in funding, with backing from investors including IDC, Lotus Capital Investments, and KuCoin. Torum operates at the seed company stage and competes in a landscape of 87 active competitors, 14 of which are funded and one of which has exited. Detailed public information about the broader core team is currently limited.
Torum operates as a multi-layered SocialFi platform on BNB Smart Chain. At its foundation, the platform provides a crypto-focused social networking experience where users can engage in discussions, share knowledge, and connect with others interested in blockchain and cryptocurrencies. Beyond social interaction, Torum integrates an NFT marketplace where users can explore, buy, sell, and trade non-fungible tokens, creating an ecosystem where social engagement and economic activity coexist.
The platform also introduces DeFi elements, including yield farming opportunities where users can earn rewards by staking or lending their cryptocurrency assets. A unique mission system encourages participation and engagement across the ecosystem. Torum V2 builds on this foundation with 3D AR NFT face filters that enable NFT owners, creators, and artists to craft Web3 identities and narratives using their NFTs. XTM serves as the primary medium of exchange throughout the ecosystem, and the token has migrated to a Binance Chain contract address. TorumPay, a Malaysian digital asset platform, allows users to buy and sell cryptocurrencies in a secure, regulated environment.
Torum distinguishes itself by being a crypto-native social platform rather than a general-purpose social network with crypto features. Its combination of social networking, NFT marketplace, DeFi tools, and a mission system creates a unified ecosystem designed around the specific needs of cryptocurrency users. This integrated approach allows users to socialize, transact, and participate in economic activities within a single environment.
Torum V2 adds a novel dimension by elevating NFTs beyond static profile pictures. Through 3D AR NFT face filters, NFTs become interactive, ready-to-use tools for self-expression and storytelling. This empowers creators to build unique, digital, and pseudonymous identities, and it enhances the narrative and mindshare of NFT collections. The platform's focus on connecting global cryptocurrency users, projects, and resources positions it as a bridge within the Web3 space, while its CertiK rating of 3.6 and backing from investors such as KuCoin provide additional signals of credibility.
XTM is the primary medium of exchange within the Torum ecosystem and is intended to become one of the most heavily utilized tokens in the platform. Its utility spans multiple functions. XTM is used for transactions and rewards, access to premium features, tipping content creators, and purchasing NFTs within the marketplace. Token holders can also stake XTM, which contributes to governance within the platform.
The token supports the broader SocialFi economy of Torum, including the mission system and DeFi features such as yield farming. As Torum expands into Torum V2 and the 3D AR NFT face filter application, XTM is positioned to facilitate interactions among NFT owners, creators, and artists. The token's cross-chain capability between BNB Smart Chain and Ethereum further extends its usability across the wider Web3 ecosystem.
The Torum ecosystem has evolved from a crypto-focused social media platform into a broader SocialFi environment. Its core components include social networking, an NFT marketplace, a finance platform with DeFi elements, and a mission system. The introduction of Torum V2 marks a significant development, bringing 3D AR NFT face filters to the platform and expanding its appeal to NFT creators and artists.
TorumPay provides a regulated environment for buying and selling cryptocurrencies in Malaysia, adding a fiat on-ramp dimension to the ecosystem. Wallet support from MEW (MyEtherWallet) and Enkrypt offers users a secure way to hold XTM and interact with Torum's features. The project has published multiple whitepaper versions, including v4.0, and maintains active communication channels. With 30 active trading markets and listings across major exchanges, Torum continues to build its presence in the cryptocurrency market. The platform's development trajectory suggests ongoing efforts to deepen the integration of social, NFT, and DeFi functionalities.
XTM is not mined through traditional proof-of-work mechanisms. As a BEP-20 token on BNB Smart Chain, XTM is issued and circulated through the platform's ecosystem rather than through mining. Users can earn XTM through participation in the Torum ecosystem, including engagement in the mission system, content creation, and community activities. Staking XTM is a key mechanism, allowing holders to contribute to governance within the platform while potentially earning rewards.
The platform also incorporates DeFi elements such as yield farming, where users can earn rewards by staking or lending their cryptocurrency assets. These mechanisms provide avenues for acquiring and earning XTM without traditional mining. For those looking to obtain XTM, it is available on major exchanges and through wallet integrations that support the token.
Securing XTM requires attention to both wallet choice and personal security practices. Torum wallet support is available from MEW (MyEtherWallet) and Enkrypt, which are described as secure ways to hold XTM and interact with the Torum ecosystem. Users should consider using hardware wallets for long-term storage and ensure that any software wallet is downloaded from official sources.
Best practices include safeguarding private keys and seed phrases, enabling two-factor authentication where available, and being cautious of phishing attempts and unofficial links. Since XTM operates on BNB Smart Chain with Ethereum cross-chain support, users should verify contract addresses when conducting transactions and use the official block explorer, bscscan.com, to confirm activity. Keeping software up to date and avoiding sharing sensitive information online are also essential steps for protecting XTM holdings.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for XTM are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Torum (XTM) is C$0.001161. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated XTM to USD rate at the top of BTCC’s price page. In terms of market scope, Torum records a 24h trading volume of C$0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$225.395794K. Its current circulating supply stands at 194.1M out of a maximum supply cap of ∞.
The price volatility of Torum (XTM) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (194.1M) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Torum (XTM) hit an all-time high (ATH) of C$3.387797 on 2021-11-19 18:15, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$0.001055 on 2026-03-27 02:50. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading XTM futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (C$0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s XTMUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Torum, simply log into your BTCC account with USDT margin available, navigate to the XTMUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for XTMUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: C$0.001161), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for XTMUSDT with zero financial risk.
Trading Torum (XTM) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for XTMUSDT, and review its live price (C$0.001161) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
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