The cryptocurrency industry is always abuzz with new listings and coin expansions. In one such development, Basic Attention Token or BAT got listed on not one but two digital currency exchange platforms on the same day. These crypto exchanges are Crex24 and BiteBTC.
Both the exchanges, Crex24 and BiteBTC, made an official announcement of adding support for BAT trading on their platforms through their respective Twitter handles on 2nd May 2019.
Crypto enthusiasts can now buy and sell their Basic Attention Token for Ethereum (BAT/ETH) on BiteBTC crypto exchange platform. BiteBTC is a Singapore-based digital currency exchange that allows users to trade ETH, BTC, altcoins as well as many more tokens against their fiat United States Dollars (USD) and Chinese Yuan Renminbi (CNY) in simple steps.
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Crex24, on the other hand, has added the trading pair of BAT/BTC on its exchange platform. That means users can now easily buy and sell their Basic Attention Token for Bitcoin. Crex24 is a relatively new digital currency exchange that was launched in the year 2017. The exchange also allows users to trade, buy and sell their crypto coins with fiat currency with ease. It offers both popular cryptos and rare ones so that traders get multiple trading options to choose from.
As per the current market statistics of CoinMarketCap, Basic Attention Token ranks at 23rd position. At the time of writing, it recorded trading value of 0.380239 USD.
BAT is the latest token dedicated to the digital advertising industry. It is a decentralized, transparent, and open source ad exchange platform that is based on the blockchain of Ethereum. The BAT project, headed by Mozilla and Firefox co-founder and JavaScript creator Brendan Eich, is aimed to address the issues of frauds and trackers that often arise in the industry of digital advertising.
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The token can be exchanged between advertisers, publishers, and users. While the platform pays users for their attention, publishers get paid for their content. At the same time, advertisers get a chance to receive increased returns for their advertisements. As BAT platform integrates the use of a fast, privacy-focused and open-source browser Brave, malware and trackers get blocked which ultimately provides users with increased privacy.