Basic Attention Token is a blockchain-based coin that is used to stimulate advertising viewing by Brave browser users. The Brave browser has been created by the BAT developers team as well. The idea behind the BAT is to cut the expenses for middlemen in the digital advertising business and fix the issue of being constantly tracked while surfing the Internet.
As a result, Brave browser users are rewarded by BAT coins for watching ads while publishers receive the revenue directly without the need for middlemen. BAT coins can be used in the browser for donations, premium articles, and other services.
How it works?
Where to buy Basic Attention Token?
BAT is one of the top ERC-20 tokens by market capitalization and is frequently used by Brave users and crypto enthusiasts. The BAT coin is supported by cryptocurrency exchanges around the world and supports trading pairs with a lot of fiat currencies and cryptocurrencies. If you still decide how to buy Basic Attention Token cryptocurrency and how to trade it, then you should choose the crypto exchange where both crypto-to-fiat and crypto-to-crypto trading pairs are available such as CEX.IO.
On CEX.IO, you can find a lot of available payment options that allow you to buy BAT and other cryptocurrencies. For instance, you can buy Basic Attention Token with a debit/credit card, international (SWIFT), domestic (ACH, SEPA, Faster Payments) bank transfer, and online wallets (Skrill, QIWI). You can exchange BAT to 4 traditional (fiat currencies) like USD, EUR, and GBP. However, you can pay for BAT purchase with your bank card issued in any currency.
How to buy Basic Attention Token with a debit card?
You don’t need to spend a lot of time deciding how to buy BAT coin and waiting for transaction confirmation if you use CEX.IO. Because you can buy it instantly by using the Instant Buy service that is available on the CEX.IO website and in the mobile app. Just choose the pre-calculated pack or enter the amount you want to buy. Then you just need to enter debit card details and confirm the transaction. The whole process takes less than 5 minutes.
It’s important to note that only Visa and Mastercard personal cards are available for depositing and withdrawing fiat funds.
How to buy Basic Attention Token with a credit card?
There is another option on how you can buy Basic Attention Token at CEX.IO. You can use your credit card to replenish your CEX.IO balance. If your card supports international payments, then you can even use the card with your local currency to deposit funds. The payment will be converted to the deposit currency you select on CEX.IO (USD/EUR/GBP) at your bank’s current exchange rate.
After funding the account, you can place an order on the Trade page or in the app to buy BAT.
How to trade BAT with other currencies?
To start trading BAT, you need to select one of the markets available for BAT from the long list of crypto-to-fiat and crypto-to-crypto trading pairs. For example, BAT/USD. After selecting the market, you’ll find a lot of information that should help you to make well-informed trading decisions: the last price, price chart, trading volume, market depth, order book, etc.
In order to buy and sell BAT on CEX.IO, you can place a market or limit order. A market order executes instantly and at the best available price in the order book. By placing a limit order you can set a price you want to sell or buy an asset. But the order may not be executed instantly because the price should reach the specified level or there should be an opposite equivalent order in the order book.
With the mobile app, you can expand your trading experience by setting up the notifications and be always informed when the price reaches the expected level. Also, you will also have access to your trading history and place trading orders wherever you go.
One of the useful options in the mobile app is the Exchange service. It allows you to swap one currency to another even if there is no direct trade pair on the platform. With that said, the CEX.IO mobile app provides you with more options to engage with crypto and helps you stay in control of your trading anywhere and at any time.