How To Buy Basic Attention Token (BAT): Beginner’s Guide

Do you know that there is a simple and easy way to buy Basic Attention Token (BAT) with Paypal, credit card or from any major bank accounts in almost any country you may be? Simple, just follow the simple steps below on how to buy Basic Attention Token using all major fiat currencies such as USD, EUR, JPY, GBP, CAD, AUD, NZD or SGD.

how to buy basic attention token

What is Basic Attention Token?

Led by Brendan Eich (creator of JavaScript and co-founder of Mozilla), Basic Attention Token (BAT) project is an open-source, decentralized ad exchange platform built on the Ethereum platform. The project seeks to address fraud and opaqueness in digital advertising.

Why Buy Basic Attention Token ?

The token aims to correctly price user attention within the platform. Advertisers pay BAT to website publishers for the attention of users. The BAT ecosystem includes Brave, an open-source, privacy-centered browser designed to block trackers and malware. It leverages blockchain technology to anonymously and track user attention securely and rewards publishers accordingly.

Where To Buy Basic Attention Token?

You can buy, sell or trade Basic Attention Token on some exchanges only. However you can buy Bitcoin (BTC) and other major altcoins here. I will explain how to buy Basic Attention Token more below.

1. CoinBase

coinbase
  • Buy BTC, ETH, XRP and 100+ cryptocoins with credit card at CoinBase
  • Supports major currencies: USD, EUR, GBP, CAD, AUD and more
  • Available in 200 countries
 

2. Binance

binance
  • Buy BTC, BCH, ETH, EOS, LTC, NEO, XRP and more with credit card at Binance
  • Supports all major fiat currencies USD, EUR and more
  • Available in all major countries except USA
 

3. CoinSwitch

coinswitch
  • Buy BTC, ETH and 100+ cryptocoins with credit card at CoinSwitch
  • Supports USD, JPY, RUB, EUR and more
  • Available in all major countries
 

4. CoinMama

coinmama
  • Buy BTC, ETH, ETC, BCH, LTC, ADA,QTUM, XRP with credit card, cash or bank transfer (SEPA) at CoinMama
  • Supports USD, EUR, GBP and all currencies
  • Available in more than 180 countries
 

5. LocalBitcoins.com

localbitcoins
  • Buy BTC, ETH and many others with cash or wire transfer at LocalBitcoins.com
  • Supports USD, EUR, GBP and all currencies
  • Available in more than 200 countries except USA, China, Indonesia, Syria and North Korea
     

How To Buy Basic Attention Token with Credit Card, Paypal or Bank Account?

Before you can buy, you will need a secure cryptocurrency wallet so that you can store your newly purchased cryptocurrency. Recommended Basic Attention Token wallets are:

  • Trezor
  • Ledger
  • Exodus
  • Electrum

You can buy Basic Attention Token (BAT) with a credit card, Paypal, or bank account at CoinBase. It is that simple.

However, you may also buy Basic Attention Token (BAT) by first purchasing Bitcoin or Ethereum through CoinBase (Currently ETH offers a much lower transfer and exchange fee than Bitcoin.) Then swap it with Basic Attention Token cryptocurrency. If you prefer this way, follow the steps below.

Step 1: Create an Account

Go to CoinBase to register a new account. However, you can also choose any other exchange listed above. Click Get Started and enter your name, email and password. If you already have an account, skip to Step 3.

coinbase create register sign up account

Step 2: Verify Your Account

Verify your email address to proceed. To prevent identity fraud or theft, you will need a photo ID to make sure it’s really you.

coinbase verify identity

Step 3: Buy Bitcoin (BTC) with Your Credit Card

Once verification is complete, click on the Accounts tab and click “Link a New Account” button to add your payment information.

coinbase link credit card

Click the Trade button and click the Buy tab. Choose your desired coin, enter the amount, and confirm your transaction in the second step. Bitcoin (BTC) is the most widely accepted at exchanges. You can also keep your Bitcoin here in CoinBase and let it appreciate hopefully and then sell or exchange to altcoins later.

coinbase buy bitcoin

Step 4: Get On the Exchange

Now we need to send your Bitcoin cryptocurrency that you have just bought to an exchange where Basic Attention Token can be traded. Since Basic Attention Token can also be traded at CoinBase, we will use this to do so. We do not need to transfer the Bitcoin to another exchange.

There are other alternative exchanges that also trade in Basic Attention Token.

Step 5: Buy Basic Attention Token

Once you have confirmed the Bitcoin is in, it is time to buy Basic Attention Token. You can check the prices of Basic Attention Token and other altcoins in the Summary price page.

Go to the Buy/Sell tab and enter your amount and click the Buy button. Once the order is fulfilled, you now have your shiny new Basic Attention Token in your account. Congratulations! Simple, wasn’t it.

You can either keep it in the exchange or send it to a secure wallet which is highly recommended. These wallets are highly recommended.

  • Trezor
  • Ledger
  • Exodus
  • Electrum

Hope this guide was helpful. Happy trading.

For more beginner’s guides on how to buy altcoins visit our guides.

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