Where to Buy Basic Attention Token (BAT) Coins in 2024 – The Ultimate Beginners Guide

This guide explains how to buy Basic Attention Token in under five minutes with a regulated broker and exchange. We also assess whether Basic Attention Token is a viable investment, exploring its use cases, upside potential, and risks.

This is the native token for the Brave Browser, a blockchain-based digital advertising program. At the time of writing, BAT is one of the most undervalued cryptos out there. But it is also hugely resilient and full of promise, which makes it worth buying.

How to Buy Basic Attention Crypto – 4 Simple Steps

Here is a simple steps on how to buy Basic Attention Token in the US via a trading platform. The highly regulated crypto exchange maintains a quick and straightforward account registration process. Plus, you only need $10 to start buying cryptos.

• Step 1: Open a crypto trading account: Start by creating a free crypto trader account. The process is quick and straightforward, taking no more than a few minutes. You only have to provide basic personal details and verify your identity.
• Step 2: Fund the account: The minimum trade limit on eToro is currently capped at $10. Deposit this into the just-approved crypto trader account. The brokerage supports all the popular payment methods, including PayPal and cards.
• Step 3: Find Basic Attention Token: Type ‘Basic Attention Token’ or ‘BAT’ on the search bar on the home page located on eToro’s home page. Click on the ‘Trade’ icon that pops up here.
• Step 4: Buy BAT coins: Click on the ‘BUY’ icon against BAT. Use the trading tab that pops up here to customize this investment.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

We will be providing you with a detailed step-by-step guide to buying cryptocurrencies further below. We will also tell you everything you need to know about investing in Basic Attention Token and explore the different ways of buying BAT and discuss the top reasons for investing in one of the most undervalued cryptos out there.

Where to Buy Basic Attention Token (BAT)

At the time of writing, the Basic Attention Token is listed with all the most popular crypto exchanges out there. We vetted them all to help you decide what exchange works best for you. During this process, we considered such factors as the cost of trading, ease of use, and reliability. We also considered their safety, liquidity, and minimum trade limits.

Here is an overview of the best places to buy Basic Attention Token right now.

1. eToro – Overall Best Place to Buy Basic Attention Token

eToro started offering crypto trading services in 2013 when it onboarded Bitcoin. Today, it has expanded its crypto library to feature 80+ digital assets. It has also positioned itself as one of the best crypto exchanges for beginners. Much of this may be attributed to its quick client onboarding process, user-friendly interface, and straightforward crypto-buying process.

eToro is also hailed as one of the safest crypto exchanges out there. This recognition is backed by the fact that, unlike some of the equally popular exchanges, eToro has never been hacked. Neither has it ever been accused of misappropriating client funds. It has actually put in place multiple security safeguards that protect both your digital assets and personal data.

The crypto brokerage, for example, doesn’t share client data with third parties. Further, it demands that you create a strong password and activate multi-factor authentication for your trading account. It also provides you with free and highly secure digital wallets. First is the web wallet that holds 90% of client assets in ultra-secure offline vaults. You also get the free and non-custodial mobile wallet app for iPhone and Android.

Other factors making eToro the best place to buy Basic Attention Token include its competitive fees. These are fixed at 1% of the trade volume. In addition to crypto, it supports commodities, forex, stocks, ETFs, bonds, and indices.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

2. KuCoin – Best Place to Buy BAT Tokens at Low Fees

A number of factors help make KuCoin the best place to buy Basic Attention Token today. However, the competitive cost of trading on the platform stood out the most for us. When buying BAT on KuCoin, for example, you will only be charged a volume-based maker/taker fee of between -0.005% and 0.1%. You are also eligible for a 20% fee discount if you settle this trading fee using KCS coins.

In addition to low fees, we also liked KuCoin’s feature-rich trading platform. Here, crypto traders get access to 100+ advanced technical indicators and charting tools. The exchange also maintains some of the fastest transaction processing speeds. In addition to BAT, you also get to trade 700+ digital currencies on the platform. All these make KuCoin one of the best crypto exchanges for active traders.

KuCoin is also home to multiple passive investing programs. The most popular are KCS Bonuses, Staking, Savings, Snowball, Dual Investing, Shark Fin, and Crypto Lending. KuCoin also operates a token launchpool. This lets you invest in the next 100x cryptos before they explode. These and the fact that it is home to some of the most sustainable cryptos make KuCoin one of the best atlcoin exchanges for long-term investors.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

3. BitStamp – Best Crypto Exchange for Passive Investing

BitStamp has oversimplified the client onboarding process. It then maintains a beginner-friendly crypto trading platform that is rigged with educational resources. You can also start buying cryptos with $1 on BitStamp and the crypto buying process is quick and straightforward. Not to forget that its crypto staking and crypto lending programs allow for passive income generation.

In appealing to pro crypto traders, BitStamp has integrated a vast range of advanced trading, analysis, and research tools. These include 100+ technical indicators and charting tools. The BitStamp exchange is also deeply liquid and is quick in processing crypto transactions. You even have the option of using the BitStamp PRO platform which has more trading features and charges more competitive fees.

BitStamp also maintains competitive trading fees. When buying the Basic Attention Token on BitStamp for example, you will be charged a volume-based maker/taker fee. This fee ranges between 0% and 0.4%. It doesn’t even charge deposit processing fees. You will also appreciate that its auto-convert option lets you withdraw funds directly to your bank account.

Other factors making BitStamp among the best crypto exchanges include its safety. The exchange provides you with institutional-grade security by storing 95% of your crypto assets in ultra-secure offline vaults. Client data is also highly encrypted. Not forgetting that BitStamp lets you whitelist addresses and issues transaction confirmation notices.

4. Kraken – One of the Safest Crypto Exchanges Supporting BAT Tokens

Kraken was also established in 2011. But it doesn’t we don’t just consider it the best place to buy BAT coins because of its reputation. We feature it here because it is one of the safest crypto exchanges out there. It has never been hacked. It has never been accused of misappropriating client funds.

In addition to Basic Attention Token, Kraken also gives you access to 250+ digital assets. These are all the best altcoins and include both relatively new cryptos to the best DeFi coins. The exchange then provides you with different ways of buying these assets. For starters, you can buy cryptos instantly with cards and eWallets like PayPal. You can also trade cryptos on the user-friendly Kraken trading platform.

Kraken also features an OTC platform. This appeals to high rollers who wish to buy and sell cryptos pseudonymously. Further, Kraken supports margined spot and crypto derivatives – futures and options – trading. It is also a multi-asset exchange and you can buy the best NFTs on Kraken exchange gas free.

You would like to buy BAT coins on Kaken because of its competitive fees. When buying BAT and some of the hottest cryptos on Kraken, you will be charged between 0.9% and 1.5%. For spot crypto trades, the maker/taker fee ranges between 0.25% and 0% – depending on your monthly trade volumes. The crypto futures trading fees, on the other hand, range between 0.05% and 0%.

4. ByBit – Most Liquid Exchange Listing Basic Attention Token

ByBit is the third most liquid crypto exchange in the world. At close to 600 digital assets and 800+ markets, ByBit has one of the most extensive crypto libraries. The platform is also a multi-asset trading platform allowing you to invest in both cryptocurrencies and NFTs. It has a quick and straightforward crypto buying process and you can start buying BAT on ByBit with as little as $2.

It also makes it here because it presents you with multiple ways of investing in the altcoin. You can, for starters, buy cryptos instantly on ByBit with cards. You can also choose to automate your crypto trades using trading bots or copy trading. Retail investors can also execute buy and sell orders on the intuitive ByBit crypto trading platform.

High rollers will, on the other hand, have access to the ByBit OTC trading platform. Here, they invest in cryptos pseudonymously and at friendlier rates. ByBit also supports margin-traded crypto derivatives.

You would also want to buy Basic Attention Token on ByBit because the exchange maintains competitive fees. When buying cryptos here, you will pay a volume-based maker/taker fee of between 0.1% and 0.05%.

Other factors making ByBit one of the best crypto trading platforms include its safety and support for passive investing. To keep your digital assets safe, ByBit has implemented triple-layer asset protection. The exchange also integrates such passive investing programs as staking, crypto lending, savings, and liquidity mining.

What is Basic Attention Token (BAT)?

Basic Attention Token is an ERC-20 token built on the Ethereum blockchain. It is the native crypto of a blockchain-based digital advertising ecosystem, whose chief product is the Brave Browser. This network hopes to revolutionize the global online advertising industry by making it efficient and equitable for all players.

To achieve this, it has come up with the Brave browser. This is a direct competitor of Google’s Chrome, Microsoft’s Edge, and Mozilla’s Firefox. It is a private focused web browser that also integrates a free digital wallet – the Brave Wallet. It lets its users decide what ads they wish to watch or view and the frequency with which these ads are displayed.

The Brave browser also helps advertisers get value for their money by only advertising to interested parties. On the browser, a user will only be presented with an ad that they have chosen to view. The ad fees paid by advertisers are distributed to Brave browser users and content creators/publishers on the network. This fee is paid in the form of BAT tokens.

Basic Attention Token (BAT) Coins Price Action

When BAT started trading in June 2017, it had an introductory price of $0.17 – according to data from CoinMarketCap. It launched at the base of the 2017 crypto market rally and so its price started rallying soon after launch. By the time the bull market peaked in January 2018, BAT had appreciated by more than 500% to break above $0.90.

The surge in BAT value was at the time attributed to a rallying crypto market. Therefore, when the bull run started losing steam, so did BAT’s price. Less than one year later, BAT had lost as much as 99% of its 2017 peak value. Throughout the 2018 to 2010 bear market, BAT’s price ranged between $0.11 and $0.48.

It only started rallying during the 2021 bull market. Having stormed into that year trading at around $0.20, BAT rallied by close to 1000% in the next 11 months to set the current all-time high price of $1.92. This cemented analysts’ and forecasters’ opinions that market trends have the biggest impact on BAT token price. It also proved BAT’s obedience to market trends.

Two and a half years later, BAT trades more than 97% below the November 2021 ATH. This is effectively one of the most undervalued crypto to buy before the bull run. Such a depressing price action may be attributed to the extended bear market that dominated the crypto-verse in 2022 and 2023. It may also attributed to the low popularity of BAT and the Brave browser.

Basic Attention Token (BAT) Future Price Predictions

Moving forward, analysts, investors, and forecasters are confident that BAT will eventually rebound. They premise this optimism on three key factors. First is that BAT always rebounds after a near-collapse price crash. It happened in 2021 and BAT is already showing signs of recovery.

Secondly, they expect it to continue banking on a rallying bull market to prop up its value. It already happened in 2017 and 2021 and this bull cycle shouldn’t be any different. Lastly, BAT is a tad more popular and its Brave browser daily users have been on a steady rise. We expect this popularity to have a positive impact on Brave’s price.

Here is what top analysts believe BAT will be worth in the foreseeable future:

BAT Price Prediction 2024

Crypto analysts at CoinMarketCap expect BAT token prices to rise gradually throughout 2024. By the end of the year, they believe BAT will be trading around $0.87. Algorithmic forecasting sites DigitalCoinPrice and PricePredictionNet, however, aren’t as optimistic. Though they expect BAT prices to rise, they believe it can only hit $0.66 and $0.47, respectively.

BAT Price Prediction 2025

Analysts at CoinMarketCap extended their optimism to 2025, at which time they expect BAT to break parity with the dollar, again. They expect to rally as high as $1.13 before the end of that year. PricePredictionNet and DigitalCoinPrice, on the other hand, expect BAT to reach $0.68a and $0.77, respectively.

Is Basic Attention Token (BAT) a Good Buy?

Looking at BAT’s price action and recent crypto verse performance, you probably are asking if it is too late to buy cryptos like BAT. The answer to this question is no, it is not too late to start buying cryptos like BAT. In fact, crypto experts like Ripple CEO expect – Brad Garlinghouse – are confident the overall market cap will break above $5 Trillion before the end of 2024.

With the approval of Bitcoin ETFs, we expect massive flows of institutional funds into the crypto market. But this isn’t the only reason BAT is worth buying today. Here are a few more:

• BAT is grossly undervalued: You will want to buy BAT because it is grossly undervalued. Given its current price, its rebound would translate to 600%+ gains on your current BAT investment.
• BAT has a promising future: The digital advertising industry is a $700+ Billion behemoth that is expected to break above $1 Trillion before 2030. BAT, through its Brave browser, is working towards carving a portion of this market for itself
• BAT lets you earn passively: BAT is also a good investment because it lets you earn passively. Multiple DEXs and even CEXs like Kraken will let you stake BAT coins and earn competitive rewards.
• BAT has proved its resilience: After the 2017 market rally, BAT lost as much as 99% of its value. But it quickly recovered and proceeded to set a new ATH. We expect its resilience and rallying crypto market to carry it to a new high – once again.
• The BAT community is growing: By February 2024, number of monthly active users of the Brave browser reached 70 million users. This has a direct impact on the demand and price of BAT token.

Ways of Buying the Basic Attention Token (BAT)

One of the attractions of the best crypto exchange is that it should integrate multiple ways of buying cryptos. In fact, all the top crypto trading platforms we have discussed above let you buy in more ways than one. Below, we discuss the most common – looking at their core strengths and shortcomings.

How to Buy Basic Attention Token with PayPal and eWallets

Crypto exchanges will let you buy cryptos instantly with PayPal and other eWallets. The most popular include Skrill, Neteller, Apple Pay, and Google Pay. They will also let you fund your crypto trading account with either of these payment methods. Others that don’t support eWallet deposits will let you buy cryptos with PayPal and eWallets fee–free on their integrated P2P trading platforms.

There are several perks of buying cryptos with PayPal. For starters, eWallets are easily accessible. They also process deposits fast and maintain comparatively low payment processing fees. On the flipside though, they have relatively low daily maximum translation limits.

How to Buy Basic Attention Token with Credit Cards and Debit Cards

Cards are one of the most popular online payment methods in most countries. A growing number of exchanges recognize this and will, therefore, let you buy cryptos instantly with debit cards and credit cards. These will also let you fund your crypto trader account with cards. They will even let you buy cryptos fee-free on the integrated P2P trading platforms.

The upsides of investing in BAT and some of the best cryptos to buy with cards include the fact that cards are accessible. Card issuers also have some of the fastest payment processing speeds. On the flipside though, card issuers often charge exorbitant transaction processing fees. They also maintain comparatively low maximum daily transaction limits.

How to Buy Basic Attention Token with Bank Transfer

The bank is the most accessible payment service provider the world over. This explains why virtually all crypto exchanges process bank deposits and withdrawals. While most exchanges won’t let you buy cryptos instantly with a bank transfer, they will gladly let you fund your trading account with bank wire.

The biggest flex for banks regarding crypto trading is that they have high daily transaction limits. Exchanges like eToro, for example, do not have a maximum daily deposit limits for bank transfers.

On the flip side, though, exchanges demand higher minimum deposit limits for bank transfers. At eToro, for example, you need to deposit at least $500. They are also slow in processing these deposits and withdrawals – taking up to 8 business days.

How to Buy Basic Attention Token – Detailed Tutorial

In this section, we walk you through the process of buying Basic Attention Token on eToro. As we have already mentioned, the process is quick and straightforward. Plus, you only need $10 to get started.

Step 1: Open a Crypto Account

Open the official eToro website or download the eToro crypto trading mobile app. Hit the “Join Now” button on either platform and complete the registration form that appears. It will ask for such basic personal information as your name, email address, phone number, and country of residence.

Step 2: Verify your identity

The process of registering a trader account on eToro is only complete after you have verified your identity. Simply provide the brokerage with a copy of your government-issued identification document. This may be your driver’s license, national ID, or a passport.

Step 3: Deposit Funds

Log in to the approved trader account and hit the “Deposit Funds” icon on your user dashboard. A funding tab will pop up, indicating all the payment methods available to you based on your country of residence. Choose one and follow the prompts to fund your account with at least $10.

Step 4: Search for Basic Attention Token (BAT)

Once the payment is reflected in your trading account, hit the “Discover” tab on your user dashboard. This provides you with a list of all the financial instruments supported on eToro. Choose “Cryptos” and select Basic Attention Token from this list.

Step 5: Buy BAT

Hit the “BUY” option against the Basic Attention Token (BAT). Use the trading tab that pops up here to customize this trade by indicating how much you intend to invest in BAT. Execute the investment by hitting the “Open Trade” button.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

How to Sell Basic Attention Token Crypto on eToro

Selling BAT coins or any other crypto on eToro doesn’t have to be complicated. Here is the step-by-step guide to selling cryptos on eToro.

• Step 1: To sell BAT coins, you first need to log back into the eToro trading account.
• Step 2: On your user dashboard, click on the “Portfolio” icon to reveal all your open crypto trades.
• Step 3: On this window, choose “Basic Attention Token” and choose the “Close” trade option.
• Step 4: A trading tab will pop up. Customize this trade by indicating whether you want to sell a portion of coins or the entire position. Hit the “close” button to execute.

Note: The cash equivalent of the Basic Attention Token that you just sold will be immediately deposited into your account. Withdraw the fiat currency or use it to buy some of the best cryptos to invest in for beginners supported here.

Conclusion – Where to Buy Basic Attention Token (BAT) Today

Basic Attention Token is a grossly undervalued digital asset worth adding to any long-term crypto portfolio. It is worth buying right now because it is expected to make a full recovery and possibly rally during this bull market cycle.

We’ve explained the best ways to buy Basic Attention Token in 2024. Overall, eToro is the safest and most cost-effective option. The platform is regulated and compliant in many counties, and charges no spot trading fees.

References:

• https://brave.com/
• https://www.investopedia.com/binance-got-hacked-6748215
• https://www.coindesk.com/policy/2022/11/10/ftx-violated-its-own-terms-of-service-and-misused-user-funds-lawyers-say/
• https://blog.kraken.com/product/security/kraken-passes-worlds-first-cryptographic-proof-of#:~:text=Kraken%20announced%20today%20that%20it,the%20balances%20held%20by%20customers.
• https://www.sec.gov/news/press-release/2023-237
• https://www.ft.com/content/77312c18-899f-4460-a858-fe5439373cb5
• https://coinmarketcap.com/currencies/basic-attention-token/
• https://coinmarketcap.com/community/articles/652630d259f2396d56810d1a/
• https://www.cnbc.com/2024/04/08/ripple-ceo-crypto-market-to-double-in-size-to-5-trillion-in-2024.html
• https://www.bloomberg.com/news/articles/2024-01-10/spot-bitcoin-etfs-approved-to-launch-in-us-by-gensler-s-sec
• https://www.reuters.com/technology/institutional-investors-may-help-bitcoin-sustain-new-heights-2024-03-05/
• https://www.statista.com/outlook/dmo/digital-advertising/worldwide#ad-spending
• https://bravebat.info/brave_browser_active_users

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Author: Wajeeh Khan

Wajeeh Khan is a financial researcher and writer with 7 years of experience. He has immense exposure to a range of financial assets, including stock, cryptocurrencies and forex - and is particularly well-versed in asset valuation, analysis, and portfolio management. Since 2016, Khan has worked with notable online platforms within financial journalism, including Invezz, Trading-Education, Dog of Wall Street, and News Break. All in all, he has written, editted, and published over 7,000 articles, guides, and market insight. Online casinos started as a hobby for Khan in 2018. But in only two years, it had already become another niche that he started actively researching. Over the past three years, he has written a diversified set of content around gambling for clients from all over the world. Academically, Khan has a Bachelor's in Economics and a Master's degree in Finance. He's also completed a bunch of courses on digital journalism and financial markets at large.

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