Gemini Exchange Adds Support for Brave Browser’s BAT Tokens

Gemini Exchange Adds Support for Brave Browser’s BAT Tokens

As per the recent reports, open-source pay-to-surf browser, Brave is all set to introduce brand new trading options for its users. Brave’s Basic Attention Token (BAT Token) will be up for trading on the Gemini exchange soon.

According to the blog post, users will be able to deposit BAT into their Gemini accounts from April 24th at 9:30 AM EST and will be able to start trading soon after that. As of now, Gemini has not announced any official date when users can start trading BAT. 

Till now, five cryptocurrencies were available for trading on the Gemini Exchange – Bitcoin, Ether, Bitcoin Cash, Litecoin, and Zcash. BAT is the sixth one to enter the pool and will have trading pairs with  USD, BTC, and ETH. Gemini confirmed that these trading pairs will be relevant to both continuous order books and automated block trading systems.

Explaining about user earnings through Brave, Gemini detailed on its blog post mentioning, “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 Browser Experiencing Increased Traffic Even Amid COVID-19 Pandemic

In a scenario where the world is shattered by the COVID-19 fears, Brave has experienced an exponential rise in its number of users. As per a statement by Brave’s Head of Marketing Des Martin, more than one million new users logged into Brave in the month of March. 

Brave is often deemed as Google’s rival in the crypto space in terms of user privacy.

It is being speculated that Brave’s success is mostly because of its enhanced focus on user privacy. In its 2017 ICO, Brave raised $35 million in just under a minute. Since then, it has been pretty successful and had doubled its user base from 2018 to 2019.  

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