Basic Attention Token (BAT)

Basic Attention Token (BAT)

What is Basic Attention Token?

Advertising is the engine of progress. This is a well-known truth all over the world. In the era of rapid development of the blockchain, decentralized advertising services began to appear, which gave advertisers new opportunities to promote brands. One of these was the Brave platform with the internal cryptocurrency Basic Attention Token (BAT).

The project was launched in 2017, at the peak of blockchain popularity. The team of creators was headed by well-known IT specialist Brendan Eich. He is the author of JavaScript, and also participated in the development of the world-famous browser Mozilla Firefox. During ICO, Brave raised $35 million in just 30 seconds after the launch.

For the development of the BAT coin, the creators took Ethereum as a basis. The emission of the cryptocurrency was 1.5 billion coins, but at the same time there can be no more than 1 billion BAT in circulation. One of the important features is that the cryptocurrency must be used no later than 6 months after the receipt. BAT cryptocurrency mining is also available.

What are the advantages of the BAT cryptocurrency?

  • Unified platform. Here advertisers can find a client directly and offer their services. This will help to avoid mediation.

  • The rapid growth of the project. In a short time, more than 1 million users began using the Brave browser. The interest of users in the project contributes to its further development.

  • Contracts with large services. The project team was able to conclude cooperation agreements with leading advertising platforms such as Youtube and Twitch. In the future, there may be other serious investors.

  • The need to spend off the BAT urgently. As we have already said, you can store BAT crypto in a wallet for no more than 6 months, otherwise coins will be canceled. This ensures that users of the Brave platform will be engaged in its development, and not only keep the coins in the wallet. This can have a positive impact on the future Basic Attention Token price.

Where to store the BAT token?

To develop Basic Attention Token, the ERC20 token was used. This means that you can store this cryptocurrency on the same wallets as Ethereum and other currencies for which this token was used. For example, it might be the official Ethereum wallet MyEtherWallet. There are also a number of multi-currency repositories that are suitable for BAT. In particular, it is Mist, Jaxx, Exodus. For people who prefer to store cryptocurrencies in hardware wallets, the possibility to work with Ledger Nano is available.

How to buy Basic Attention Token?

The project aroused considerable interest in the crypto community. Many leading exchanges have added the coin to the listing. In particular, it is possible to purchase a Basic Token Attention on Binance, Bittrex, Ethfinex, Huobi, Upbit, ChaoEX. On most trading platforms, exchange is available only for Bitcoin and Ethereum. To see the current BAT cryptocurrency chart, you can visit Coinmarketcap.

Convert BAT to BTC at the Best Rates | Buy BAT with Bitcoin | BAT to Bitcoin Exchange

Basic Attention Token is available for exchange on ChangeNOW . This is a new generation exchanger that opens up huge opportunities for crypto-enthusiasts. On the website, you can exchange BAT for any of 150 cryptocurrencies. It is not necessary to buy BTC or ETH. The operation is simple. All you need is to choose a trading pair and click the “Exchange” button. The transaction will only take a few seconds. ChangeNOW is your opportunity to get any cryptocurrency at the best exchange rate.

Don't forget that ChangeNOW is the best way to buy or exchange your crypto to Basic Attention Token (BAT)!

Read more about BAT price prediction 2020.