How to buy BAT or Basic Attention Token in 2020

how to buy BAT or Basic Attention Token
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In this article, explains, how to buy BAT or Basic Attention Token with Credit or debit card, Bitcoin. Currently, there are many exchanges support BAT trading but few exchanges provide enough liquidity. So, through this guide, you will be able to find out the best exchanges to buy BAT in a trusted and secure way.

Still, BAT is an undervalued token on Ethereum blockchain that brings exciting features to the current digital advertising industry. BAT is a decentralized digital advertising ecosystem including the Brave browser project. BAT is a native token of the Brave browser, and its features, therefore with the increasing popularity of the decentralized advertising, BAT prices yet to skyrockets.

If you want to know more about Basic Attention Project, Read What is BAT or Basic Attention Token – 4 Things to Know?

Let’s find out, how to buy BAT with credit or debit card.

Buy BAT with Credit or Debit card

First, let’s find out the best ways to buy BAT with fiat currencies such as USD, EUR via credit card, or debit card. Currently, a good portion of daily BAT trading volume is provided by the fiat market pairs hence, it is suitable to buy BAT from fiat supported exchange.

Other than purchasing via credit or debit card, Cex.io supports bank transfers and Skrill. Coinbase supports Bank Account for US customers. From these exchanges, you can use Cex.io, and Coinbase to buy BAT with any fiat currencies such as USD, EUR, GBP.

Exchanges to buy BAT with credit or debit card

Let’s check out, how to buy BAT on Cex.io step by step.

How to buy BAT on Cex.io

Here is the summary of major steps to buying BAT on Cex.io exchange.

  1. Create a new account on Cex.io
  2. Link credit or debit card
  3. Deposit some fiat currencies such as USD, EUR, GBP
  4. Navigate BAT/USD market pair
  5. Buy BAT via market or limit order
  6. Withdraw BAT from the Cex.io to your ERC 20 wallet

Let’s discuss in detail, how to buy BAT token on Cex.io?

Step 1. Create new account on Cex.io

First, go to the Cex.io exchange. Then, click on the “Create Account” button. In the next window, fill the registration form and agree to Cex.io terms of use and privacy policy. Then, click on the “Create account” button.

How to buy BAT token on Cex.io

Next, it will ask you to go through some steps to verify both email and phone number. After that, you may verify the identity but it is not necessary for the first purchase.

Step 2. Link credit or debit card

First, log in to the Cex.io newly created account then, click on the “CARDS” link on the main menu bar then, click on the “Add new card” button.

Add credit card on Cex.io

Next screen, you have to enter the card number, and expiry date then, click on the “Proceed” button. In the next few steps, you have to verify the card by uploading the required documents.

Step 3. Deposit USD on Cex.io

If you are successfully added credit or debit card, you will be able to deposit some funds on the Cex.io account. For that, go to the “Finance” section of the main menu. In the next screen, select the “Balance” tab then, click on the “Deposit” button next to the currency name mentioned under the “Fiat Balance”.

Cex.io Balance

Next, you will direct to the main deposit window. First, select the payment method as “Payment card” then, select currency and amount then, select payment card and enter CVV number of the card then, click on the “Deposit” button. After that, you have to complete the deposit process that may vary with your bank.

Deposit USD on Cex.io

Step 4. Navigate BAT/USD market pair and Buy BAT token

After depositing some fiat money, you are ready to buy a BAT token immediately. First, go to the “Trade” section of the main exchange. Then, go and find the BAT ticker from Crypto tickers listed left sidebar. Then, select and click on the “BAT/USD” market pair.

After this step, you have two options to buy BAT token from the Cex.io exchange. Either you can buy from Market order or Limit order. A market order gives the BAT rate at the time of buying the BAT token. A limit order allows you to set the exact BAT rate that meets your BAT/USD exchange rate.

Here, you may select the “Market” order. After selecting that, enter the amount of USD that you can spend. Then, click on the “Buy now” button. Then, it will automatically fill the order by giving you the best rate available at the time of purchasing.

buy BAT token with Market order on Cex.io

Buy BAT with Bitcoin

In terms of BAT liquidity supply, and exchange rate, buying BAT with Bitcoin gives the best rates other than buying BAT with fiat currencies. In case, Binance and Huobi are one of the trusted exchanges to buying BAT in 2020. So, let’s find out, how to buy BAT on Binance step by step.

Exchanges to buy BAT with Bitcoin

How to buy BAT on Binance

Here is the summary of major steps to buying BAT token on Binance exchange.

  1. Create a Binance account
  2. Deposit Bitcoin on Binance from Cex.io exchange or any other
  3. Navigate BAT/BTC market
  4. Buy BAT with Bitcoin via the market or limit order
  5. Withdraw BAT from the Binance into your ERC 20 wallet such as MetaMask

Lets discuss in detail, how to buy BAT token on Binance exchange?.

Step 1. Create New Binance account

First, go to the Binance exchange, then click on the “Register” button in the main menu bar. Then, fill the registration form then, click on the “Create account” button. After that, you have to verify both email and phone number.

How to buy BAT token on Binance

Step 2. Deposit BTC on Binance

In order to deposit Bitcoin, hover over “Wallet” in the main menu then, click on the “Spot Wallet” link. Then, you will direct to “Spot Account” page.

Next, find the Bitcoin and click on the “Deposit” button under the “Action” field then, it will show you both deposit QR code and Bitcoin deposit address. Copy that address and then, send Bitcoin from other exchanges such as Cex.io or wallet that you already store Bitcoin.

Binance Bitcoin deposit address

Step 3. Naviate BAT/BTC market pair & Buy BAT token

After depositing Bitcoin, you are ready to buy the BAT token from BAT/BTC market. First, go to the “Markets” link of the main menu bar. Then, select the “Spot” and “BTC Markets” tab. Then, scroll down and find the “BAT/BTC” market pair or just type “BAT” in the search field. Then, it will show the “BAT/BTC” market pair and click on the “Trade” button on the left side.

Next, you will direct to the BAT/BTC trading interface. Mainly, you can BAT token with Limit or Market order. In this case, select the “Limit” order tab. Then, enter a suitable BAT exchange rate and amount then, click on the “Buy BAT” button. After that, Binance will execute the order when the current price meets the price you have entered.

Buy BAT on Binance

Then, you can see the BAT balance under the “Spot Account”.

Best BAT wallets

BAT is an ERC 20 standard token hence, you can use any ERC 20 wallet such as MetaMask, MyEtherWallet, Coinbase Wallet, etc.

Also, you can use a native Brave browser wallet to store BAT tokens which are buying from the exchanges, or earned token by viewing ads on the Brave browser.

If you are owning a large amount of BAT then, it is better to buy the cryptocurrency hardware wallet such as Ledger, Trezor.

Conclusion – How to buy BAT or Basic Attention Token in 2020

In this article, you are will be able to learn step by step, how to buy BAT with a credit or debit card, Bitcoin from the trusted and secure exchanges.

This step by step guide will focus on buying BAT on Cex.io, and Binance exchange.

Other helpful readings


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