he Basic Attention Token (BAT) is the native token of the Brave internet browser which was first launched in 2016 by a co-founder of the infamous Mozilla Firefox browser. The mission is simple, make DeFi effortless, and protect and reward users of all kinds. Allow me to elaborate.
Brave is an open-source and private-focused browser that tracks and stores information on a distributed ledger (DLT) to convert the current digital advertising industry which is worth $330B! How so?
Well, this browser has been designed to favour and reward everyone who uses/supports the platform.
How Does Brave (BAT) Work?
Content creators/publishers can earn Brave rewards from their own Websites, YouTube channels, Blogs and much more! Any views that your content may have had previously or currently will be automatically classified as rewards. All you have to do is sign up as a Brave Creator and set up a new stream of passive income.
Here are some extremely reputable people and companies that are Brave Creators/Publishers:
- 50 Cent aka. Curtis Jackson
- The Guardian
- The Washington Post
- AND MANY MORE!
Are you now tempted to join over 1 million Brave Creators?
Businesses can set up adverts that will enable them access to essential analytics without breaching any users’ privacy. Your favourite Burrito chain, Chipotle uses Brave & BAT.
Currently, over 7,500 campaigns have been run on the Brave network. Companies and businesses have seen successful CTRs and ad recalls, proving the superior quality of the entire browser.
Enjoy a permanently private browser and earn BAT tokens for viewing ads.
Believe it or not Brave was the first ever Crypto application to reach 1 million users. Today there are over 21.6 million daily active users. Why would you use Brave over Google Chrome?
For users, it’s never been easier. All you have to do is replace Google with Brave as your new search engine and voila. Search and earn!
Why Use Brave Browser?
There are many reasons, let’s take a look at the features of the finest Web3-ready internet and crypto browser:
Ads, website trackers, 3rd party cookies and bounce tracking are all blocked, with top-tier built-in malware and phishing protection.
Brave also has a VPN and firewall option which protects you from any threats you may come across on your device, whether it’s desktop or mobile!
Brave is 3-6x faster than leading internet browsers Google and Firefox. With a faster and more private browser than its competitors, how can Brave be stopped?
Surely the Brave browser will be discovered by the masses. We are all looking for a faster experience and everyone is looking for another stream of income, so why not earn for exploring the web?
You can’t be a top-tier Crypto internet browser without a built-in native wallet. The wallet is compatible with leading blockchains such as Ethereum, Solana, BNB Chain, Polygon and over 100 more!
A frequently asked question is, can I connect my hardware wallet? The simple answer is, yes. You can connect both your Ledger and Trezor to the Brave Wallet.
None of your transactions or actions are tracked with the Brave wallet. Pure privacy, through and through.
Basic Attention Token (BAT) Rewards
Unlike Google, Brave provides its users with unlimited earning potential just by searching the web and watching adverts, which we do on a daily basis. All users are rewarded with $BAT tokens that can be exchanged for other Crypto, Fiat or Cash gift cards!
FaceTime, Zoom, Skype and all the other centralised video calling apps to expose data and have capabilities to record or listen in on its users. Brave Talk on the other hand guarantees a private video call experience, right from your browser. Oh, and you get unlimited talking time, unlike some others which charge by the minute or a subscription fee.
How To Buy Basic Attention Token (BAT)
There are three main ways to buy or hold BAT, but either way, you will always go through a centralised exchange (CEX) or FIAT On/Off ramp. Here are the options:
Option 1- Centralised Exchange
The BAT token is available on most of the largest centralised exchanges if not all of them.
Here are some Centralised Exchanges we recommend:
- Binance - The most popular CEX in the world
- ByBit - EARN UP TO $30K in DEPOSIT BONUSES
- BitGet - Trade on BitGet and receive 0% Deposit Cashback + $5,000 DEPOSIT BONUSES
- Coinbase - Spend $100 and Get $10 back!
- Crypto.com - Official Fifa 2022 World Cup Sponsor
Option 2 - DeFi Wallet & Decentralised Exchange
First, you will need the Ethereum, Avalanche or Binance Smart Chain (BNB Chain) connected to your DeFi wallet like Metamask. If not, you can use the Solana or Near network.
You can watch our step-by-step tutorials on Youtube, using these links:
- Metamask Wallet Tutorial
- Avalanche Network Tutorial
- BNB Chain Tutorial
- Phantom Wallet Tutorial (Solana)
You can swap BAT tokens on the Binance Smart Chain (BNB Chain) using the PancakeSwap decentralised exchange (DEX) to perform the swap of either BNB/BAT or BUSD/BAT for example. If using Ethereum, you would use UniSwap and for Avalanche you would use TraderJoe.
Option 3 - Exclusive BAT Wallet
If you are interested, you can use the Brave browser’s very own native wallet. You can hold, swap, earn and so much more on the Brave wallet. It’s like if Google had their own crypto wallet, you would download it, right?
To be honest, if you are going to be an avid Brave explorer and BAT user, the best option may be to use the Brave wallet, strictly on the network. Only a suggestion, all of which are good!
As you can see, the days of using Google Chrome, Mozilla Firefox or Yahoo are coming to an end. Brave will introduce the entire world to Web3 with its easy-to-use internet browser that is dedicated to the powers of Crypto and blockchain technology!
At the time of writing, $BAT is sitting at a price of $0.18, ranked #101 on CoinMarketCap and has a market cap of $273M! The $BAT token once peaked at an all-time high of $1.92 and reached a market cap of over $2.5B!
If you prefer a video that explains what Brave and the BAT token are, then follow us over to YouTube!