Gemini Crypto Exchange to List Brave’s Basic Attention Token (BAT)
In an official announcement dated April 6, 2020, U.S.-based Gemini cryptocurrency exchange stated that it would soon be introducing support for privacy-centric web browser Brave’s native digital token – Basic Attention Token (BAT).
Gemini Extends Support for BAT
In a major endorsement for Brave browser’s native cryptocurrency – BAT – Winklevoss brother’s Gemini cryptocurrency exchange recently announced that it would be introducing support for the digital currency.
Per the official announcement, the exchange will enable BAT trading from April 24, 2020, 09:30 ET onwards. This means that very soon, Gemini users will be able to withdraw and deposit BAT into their accounts on the exchange.
The announcement comes as a big development for the BAT community as the digital token will only be the sixth cryptocurrency to be listed on the exchange. To date, Gemini has listed only a select few cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and Zcash (ZEC).
The exchange added that it would be offering USD, BTC, and ETH trading pairs for BAT on both its continuous order book and its automated block trading system.
A Digital Token with Potential
Brave’s BAT is one of the few cryptocurrencies in existence today with a tremendous use-case in the real world. The digital currency aims to re-engineer the way the web functions by giving the power back to the Internet’s users via a efficient and effective mechanism for connecting and rewarding users, advertisers, and publishers.
Commenting on the decentralized web browser, the announcement reads in part:
“Brave blocks unsolicited ads and tracking by default and rewards users with BAT payments when they opt-in to view ads. Users can then directly or indirectly contribute BAT to the sites they visit while enjoying a faster, more secure browsing experience, all of which is accomplished without revealing a user’s browsing history or preferences. Brave and BAT were created by Brendan Eich, who developed the Javascript programming language and also is a co-founder of Mozilla.”
In related news, BTCManager reported on March 24, 2020, how Brave browser had inked a deal with Maltese cryptocurrency exchange Binance to enable seamless cryptocurrency transactions by integrating the latter’s widget to grant users direct access to the exchange’s wallet.
