What currency is BAT?

What is BAT?

Basic Attention Token (BAT) is a cryptocurrency designed for use in the Brave browser, an open-source browser focused on privacy and ad blocking. BAT is used to reward users for viewing advertisements and to compensate content creators for their work.

Key Features of BAT

• Privacy-focused: BAT is designed to protect user privacy by blocking third-party trackers and by giving users control over the data they share.
• Rewarding: BAT rewards users for viewing advertisements and for creating and sharing content.
• Utility: BAT can be used to purchase items and services within the Brave ecosystem, including subscriptions to premium content and donations to content creators.

How Does BAT Work?

BAT is based on the Ethereum blockchain. It is used to reward users for viewing Brave Ads, which are privacy-preserving advertisements that do not track users. Users earn BAT based on the time they spend viewing ads.

Content creators can also earn BAT by creating and sharing content on the Brave platform. When users view or interact with content, they can send BAT to the creator as a reward.

How to Get BAT

There are several ways to get BAT:

• View Brave Ads: Users can earn BAT by viewing Brave Ads. The amount of BAT earned depends on the time spent viewing ads.
• Create and Share Content: Content creators can earn BAT by creating and sharing content on the Brave platform. Users can send BAT to content creators as a reward for their work.
• Purchase BAT: BAT can be purchased on cryptocurrency exchanges.

What Can You Do with BAT?

BAT can be used to:

• Purchase Items and Services: BAT can be used to purchase items and services within the Brave ecosystem, including subscriptions to premium content and donations to content creators.
• Withdraw to a Wallet: BAT can be withdrawn to a cryptocurrency wallet.
• Stake BAT: BAT can be staked to earn rewards.

Conclusion

BAT is a cryptocurrency designed for use in the Brave browser. It is used to reward users for viewing advertisements and to compensate content creators for their work. BAT is based on the Ethereum blockchain and can be used to purchase items and services within the Brave ecosystem.