How to buy Basic Attention Token (BAT) in Australia?
- 1. Get an Ethereum wallet
- Since Basic Attention Token is an ERC20 token you need an Ethereum wallet to purchase it.
- This is where you will store your purchased cryptocurrency. You can get a free online wallet or a hardware wallet.
- Elbaite does not hold your cryptocurrency in their own centralised wallet. Elbaite believes, your cryptocurrency is only yours if it is in your wallet.
- 2. Find an offer from a trusted seller
- Find an offer on a peer to peer exchange at a price and amount you would like to buy.
- Elbaite is a peer to peer exchange that connects trusted sellers to trusted buyers through our unique TraderTrust system.
- 3. Pay for your purchase
- Pay the agreed amount using your bank account.
- On Elbaite you can pay using OSKO / PayID or mobile banking to the Elbaite escrow bank account where it is kept safe until you receive your Basic Attention Token in your wallet. The seller will never know your banking details, keeping your data private.
What is Basic Attention Token?
BAT is an Ethereum token that powers the Brave network. It was founded in 2017 by Brendan Eich. BAT is a payment system for Brave which is a blockchain based digital advertising platform, and internet browser.
BAT connects advertisers and users on the Brave browser. Users on the Brave browser are compensated for their attention when they see an Ad by receiving BAT from advertisers.
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