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**Update** BAT (Basic Attention Token) is now fully tradable on Coinbase Pro.
If you have a Coinbase account, but not a Coinbase Pro account, how do you get ready to buy BAT on Coinbase?
You can transfer some BTC or $$ to Coinbase Pro and then convert it to USDC, and then trade BAT.
When Coinbase initially announced support for BAT, it described how BAT will be available for trade “once sufficient liquidity is established”…
The listing of BAT followed a four step process listed here.
How to Buy BAT (Basic Attention Token) On Coinbase
To buy BAT (Basic Attention Token) on Coinbase you can transfer some $$ to Coinbase Pro and then convert it to USDC, and trade BAT.
To buy BAT on Coinbase you need to have a Coinbase Pro account. You can transfer money or BTC from Coinbase to Coinbase Pro and then convert it to USDC to buy BAT.
To transfer funds from your Coinbase wallet to your Pro wallet:
- Go to the Coinbase Pro trading page
- Click on Deposit in the upper-left side of the page
- Next, a pop up window will appear
- Select the currency type (i.e. BTC, ETC) you would like to deposit to Pro from Coinbase from the drop-down menu
- Select Coinbase Wallet on the right side of the window
- Enter the amount you would like to deposit from Coinbase to Pro under where it says Amount
- Click the blue Deposit button at the bottom of the window
What is BAT?
Brave Coin, aka Basic Attention Token (“BAT”), is the token that runs on the Brave web browser for desktop and mobile.
Brave is a new browser that blocks ads and trackers… Brave is faster than Chrome or Safari because 3rd party trackers and other “adtech” software is blocked by the Brave browser.
Brave also offers a new way to monetize content for small publishers.
Personally, I’ve been interested in Basic Attention Token for a few months now…
I didn’t own any, until recently, though…
IMHO, BAT most resembles an actual company with something tangible (the Brave security browser) to understand and try to value… Almost like a real company with assets.
To me, the difference between BAT and almost any other ERC-20 token out there is the fact that it has a product you can use and that solves an actual problem (helping you restrict use of your personal data).
Brave enables a payment model to pay your favorite publishers in BAT…
It’s kind of like Patreon, but for crypto.