Discover how to buy Basic Attention Token (BAT) on an exchange you can trust
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Basic Attention Token (BAT) is currently at
A$0.27423
-A$0.00058 (-0.21%)
Last updated on --.
How can I buy Basic Attention Token on OKX?
Whether you're new to crypto or an experienced trader, you can buy Basic Attention Token using the OKX Wallet or Exchange.
Step one
Get OKX
Download the app and sign up in a matter of minutes.
Step two
Fund your account
Deposit funds via bank transfer, credit card, or Apple Pay.
Step three
Choose Basic Attention Token
Select Basic Attention Token and buy using your chosen method.
Step four
Receive your Basic Attention Token
Confirm your purchase and store your Basic Attention Token in your portfolio.
What's Basic Attention Token?
Basic Attention Token (BAT) is a digital token used to improve online advertising. Imagine it like a special coin that helps websites and advertisers connect better with users. BAT rewards users for their attention while browsing, making ads more relevant and less intrusive. It aims to create a fairer system where users, advertisers, and publishers all benefit, solving the problem of annoying ads and privacy concerns.
How can I buy Basic Attention Token?
1) Create an account on OKX by visiting the website and signing up with your email. 2) Verify your identity with KYC, which involves uploading a photo ID. 3) Fund your account using a bank transfer, credit card, or other local payment methods. 4) Navigate to the trading section, search for BAT, and place a buy order by entering the amount you wish to purchase. Follow the prompts to complete the transaction.
Why do people buy Basic Attention Token?
People buy Basic Attention Token to participate in a new way of online advertising. BAT allows users to earn tokens for viewing ads, providing a practical benefit. It supports privacy-focused browsing and helps advertisers reach audiences more effectively. BAT is widely adopted in the Brave browser ecosystem, offering real-world utility in digital advertising without focusing on profit.
Things to know before buying Basic Attention Token in the United States
In the United States, cryptocurrencies like BAT are legal but regulated. Users must complete KYC and AML verification when buying BAT. Tax implications include reporting capital gains if BAT is sold for a profit, and income tax on earnings from staking or rewards. It's important to keep records of transactions for tax purposes and consult a tax professional for guidance.
What are other ways to own Basic Attention Token?
Users can obtain BAT through alternative methods like participating in airdrops, where tokens are distributed for free. Earn programs allow users to receive BAT by completing educational tasks. Staking BAT or providing liquidity in certain platforms can yield rewards. Task-based programs, such as referrals, may also offer BAT. These methods require effort and understanding of associated risks.
How can I store my Basic Attention Token?
To store BAT safely, consider the risks of loss, hacks, and theft. Custodial wallets, like those on exchanges, offer convenience but less control. Non-custodial wallets give you full control but require careful management. Hot wallets are online and easy to access, while cold wallets are offline and more secure. Use strong passwords, backup recovery phrases, and understand proof of reserves for peace of mind.
Why should I buy Basic Attention Token on OKX?
Learn more about the security measures keeping your Basic Attention Token safe and readily available.
Proof of Reserves
Our 1:1 reserve ensures your funds will always be available to you.
High liquidity
Our high trading volumes mean deeper liquidity and smoother execution for you.
Transparency
We ensure historical market data is available to you at all times.
Security
We adhere to the strictest global security and compliance standards.
Learn more about how to buy Basic Attention Token (BAT)
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How to get Basic Attention Token for free
Invite friends, earn rewards
See how you can get free Basic Attention Token when you invite friends to trade with you.
Earn APY on your crypto
Earn interest down to every dollar and watch your Basic Attention Token grow, for free. Put your crypto to work, 24/7.
Join airdrop campaigns
You can get free Basic Attention Token airdropped to you when you join campaigns.
See what you can do with your crypto
Now that you’ve mastered the art of buying crypto, check out its potential.
Trade Basic Attention Token
Take advantage of price fluctuations and trade your Basic Attention Token for other cryptocurrencies.
Send Basic Attention Token
Send your Basic Attention Token anywhere, anytime with fast, low-cost transfers.
Spend Basic Attention Token
Use your Basic Attention Token to pay for goods, services, and experiences seamlessly.
Hold Basic Attention Token
If you think your Basic Attention Token will increase in value, you can hold onto it.
Sell Basic Attention Token
Convert your Basic Attention Token to cash quickly and securely.
How to buy Basic Attention Token (BAT) FAQ
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy Basic Attention Token BAT safely on a trusted exchange like OKX.
Choose the best exchange to buy Basic Attention Token (BAT) depending on your individual needs. Factors to consider when picking the best place to buy Basic Attention Token (BAT) include: security measures, platform transparency, fees, and efficient transaction processes. First-time beginners can consider trusted exchanges such as OKX.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping Basic Attention Token. Refer here for a more detailed guide.
There are exchanges that offer users privacy and do not require verification to complete transactions. However, it is important to exercise caution as such exchanges might be more prone to fraud.
Use a trusted, centralized exchange such as OKX, which offers the ability to buy and sell Basic Attention Token (BAT), as well as fiat withdrawal options.
This depends on the method you use to convert Basic Attention Token (BAT) to cash. Withdrawals to a bank can take one to three working days to process, while withdrawals to a debit card can be almost instantaneous.
Disclaimer
This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.