There are thousands of cryptocurrency available in the crypto space today. However, not all can be considered reliable for investment in digital assets.
In this series of Know Your Digital Asset (KYDA) series, we will explore cryptocurrencies in which are widely accepted by regulated exchanges and with real-case use.
What is Basic Attention Token (BAT)?
Basic Attention Token (BAT) is the native token for Brave, a web browser software. Brave is a browser created by Brendan Eich, the co-founder of Mozilla and Firefox. Brave aims to create a better browsing experience while providing an efficient ecosystem for publishers and advertisers.
The Brave ecosystem allows advertisers to give publishers BAT based on the users’ attention. Users will receive BAT if they choose to opt-in the program available in the Brave Rewards menu.
Rewarding Content Creators
When Brave users receive BAT rewards, they can send it to their favorite content creators from different platforms. At the moment, BAT supports more than 300,000 legal web pages such as The Washington Post, The Guardian, Wikipedia, YouTube, Twitch, Twitter, GitHub, and many more.
The BAT Asset
Apart from sending BAT to users’ favorite content creators, users can also earn more using different services offered by major respectable exchanges. BAT can be traded, saving, or lending services through those exchanges.
For Malaysians, BAT is not an approved digital asset and not available in any Digital Asset Exchanges (DAX).
In conclusion, using the Brave browser then receiving BAT as the reward is a far better option compared to traditional web browsers. Browse safely and earn profits!
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