What is Basic Attention Token? Basic Attention Token (BAT) is defined as a cryptocurrency that aims to create a fair digital advertising environment for creators and consumers. In this article Kriptokoin.com we will answer the question “What is a Basic Attention Token”. In addition, we will also touch on the questions that are curious about the project.
What is Basic Attention Token?
It is a platform created to make the digital advertising industry more fair, reliable and efficient. The platform is integrated into a special web browser called Brave that runs on Ethereum. It uses the Ethereum blockchain. Free and open source Brave offers its users a fast, secure and private internet environment. It allows exchange between advertisers, publishers and internet users based on their activity on the web. Users are rewarded with BAT when they view ad content.
Basic Attention Token was created by Brendan Eich, co-founder of Mozilla Firefox. The purpose of its creation is to enable better execution of advertising in the digital age. The platform currently has 55 million monthly active users and 16 million daily active users. Additionally, the platform is home to 1.5 million verified creators, millions of wallets and thousands of ad campaigns. This is why the platform describes itself as one of the most successful altcoin projects to date.
What is BAT token?
The platform’s cryptocurrency is BAT. Users can exchange BAT tokens for cash or other cryptocurrencies. Additionally, BAT can be paid to support favorite creators.
What are the advantages of Basic Attention Token?
Brave browser blocks malicious ads. In this way, it protects users and allows them to spend time on the Internet in a safe, confidential and fast way. Brave is built with Chromium, the open source software that supports Chrome. That’s why the extensions used and liked in Chrome also work in Brave.
What is the total supply and current price of Basic Attention Token?
According to Coinecko data, the maximum and total supply of Basic Attention Token is 1,500,000,000 BAT. The circulating supply is 1,498,150,385 BAT. However, the last 24-hour trading volume of the project is $63,309,617, while the market cap is $540,461,139. BAT is currently traded at $0.360371 on cryptocurrency exchanges. However, in November 2021 it rose to the level of $1.90 and broke its own price record.
What is Basic Attention Token? How to get BAT?
The platform is currently traded on many major cryptocurrency exchanges. Users wishing to invest in the platform must open an account on one of the exchanges where BAT is traded. The exchanges where the platform is currently traded are as follows: Binance, Coinbase, Bithumb, Huobi Global, FTX, KuCoin, Bybit, Kraken, Gate.io, Bitfinex, Phemex, Crypto.com and MEXC. People who want to invest in the project should open an account in one of these exchanges we have listed. Additionally, investors can deposit USDT etc into their wallets. must add a cryptocurrency.
