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How to buy Basic Attention Token in Australia with BTC Markets

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Why buy Basic Attention Token (BAT)?

BAT, a cryptocurrency token created by Brave Inc. for their browser, aims to revolutionise digital advertising. The founders recognised the drawbacks of current ad practices, including user overload and malware risks, and hence wanted to play a role in improving digital experiences for all.

  • Privacy-first ads: BAT transforms digital advertising, respecting user privacy while rewarding engagement.

  • User empowerment: BAT gives users control, enabling token rewards for attention and fostering fairness in advertising.

  • Brave integration: BAT seamlessly integrates with the Brave browser, enhancing user experience and token utilisation.

  • Supporting creators: BAT empowers content creators with direct user contributions, reducing reliance on intermediaries for monetisation.

  • Transparent metrics: BAT’s blockchain-based ad platform provides advertisers with accurate and transparent metrics, enhancing campaign effectiveness.

  • Web3 innovation: BAT pioneers Web3 advancements, reshaping decentralised browsing and advertising for the future.

Introducing Basic Attention Token (BAT)

Basic Attention Token (BAT) is a cryptocurrency designed to reward users for their attention and make the Internet more efficient. The token was originally proposed in a white paper by Brendan Eich, creator of JavaScript and co-founder of Mozilla. Shortly after its initial coin offering (ICO), BAT gained traction with both investors and developers alike.

What is Basic Attention Token (BAT)?

BAT is the token of the Brave Browser, a fast and private web browser that protects user privacy. BAT is a utility token designed to monetise user attention by allowing them to earn Brave’s Basic Attention Tokens (BAT) for viewing ads.

BAT can be used as a unit of account for ad-related services on the Brave platform. Advertisers will pay publishers in BAT based on user attention, and users will also reward content creators with BAT in return for their contributions to the platform.

Origins of Basic Attention Token (BAT)

Basic Attention Token was created in 2017 by Brendan Eich, creator of JavaScript and co-founder of Mozilla. BAT is an ERC20 token on the Ethereum blockchain.

Brave is a web browser that rewards users with Basic Attention Tokens (BAT) for their attention. Brave collects data about user browsing habits and then rewards publishers based on user engagement with content.

Basic Attention Token (BAT) in action

BAT is a utility token that rewards publishers, advertisers and users. BAT is used to buy ads on the Brave browser. Users can earn BAT for viewing ads or completing surveys. Publishers will be rewarded with BAT for their content and other contributions to the ecosystem, such as offering premium news articles free of advertisements.

Frequently asked questions

How can I buy BAT with AUD Australia?

Whether you want to Buy BAT with AUD or Sell BAT with AUD, you can be confident when using the BTC Markets exchange.

If you want to buy Basic Attention Token in Australia with BTC Markets, you have a variety of options available for purchasing. You can make payments through Osko or by using your BSB and account number which require a personal bank account. Once you deposit your Australian dollars into your BTC markets account you can place an order to buy Basic Attention Token with AUD.

Is it easy to Sell BAT on BTC Markets?

If you want to sell your Basic Attention Tokens, it’s easy with BTC markets. You can sell BAT directly at the active trading price through a market order or use BTC Markets advanced trading features to add your request to our order book through limit orders at the desired sell price.

What can I do with my BAT holdings?

Once you purchase your BAT tokens, you will then need to decide what you want to do with your tokens. Keep them on the BTC Markets exchange, place a sell order or move them to your own storage.

There are two main types of digital wallets:

Hot wallets — A hot wallet is a storage system that operates on a browser or app and is usually connected to your trading platform. This gives traders the convenience of being able to trade, sell or store their BAT in one place.

Cold wallets — These digital wallets can store your cryptocurrency offline, typically on a USB. Having your assets stored this way can reduce your risk of being hacked or exposed to other kinds of cybercrime. But keep in mind that if you misplace your cold wallet, you risk losing your assets. To prevent a mass loss, many traders opt to use a combination of cold and hot wallets to safeguard their assets.

How much of Basic Attention Token (BAT) can I buy?

BTC Markets does not place a cap on the amount of Basic Attention Token (BAT) you can buy. You may start from $15 and go onwards to buy up to $150,000 or more per day.

Can I buy Basic Attention Token (BAT) with a debit card?

You can buy Basic Attention Token (BAT) with instant OSKO payments and individual BSB with an account number.

Where is the best place to buy Basic Attention Token (BAT)?

BTC Markets is the best place to buy Basic Attention Token (BAT) in Australia. Our user-friendly exchange provides investors with peace of mind. We offer competitive fees, and a long track record of cryptocurrency trading, making our exchange an excellent choice for buying Basic Attention Token (BAT).

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