Basic Attention Tokens is the native token of the Brave web browser, created by the co-founder of Mozilla and Firefox. It was designed in a bid to improve security and fairness when it comes to digital advertising and is built on top of Ethereum. Launched in 2022, the BAT crypto token is still in development but already has an avid following amongst the 54 million Brave browser users.
Basic Attention (BAT)
Basic Attention Token was founded in 2021 and is still currently in development. It was developed as a response or solution to solving older problems relating to web advertising, in specific monetary transactions stemming from those advertisements. The basic appeal of this cryptocurrency is that it has been designed to make those payments fairer. It utilizes the Ethereum blockchain and is the digital currency of the Brave web browser platform. It is designed to more fairly pay out ad content creators based on how much of the market share they have really earned and by the genuine number of views their ads have had. That’s great, but how does that affect the cryptocurrency betting world, you ask? We’ll tell you.
While there is no doubt that BAT is best used in its original capacity and for its original function, it can also be used to gamble at online casinos. There aren’t too many BAT casinos out there right now, but they are growing. A BAT casino, or a Basic Attention Token betting site, is any gambling domain that permits bettors to deposit into your accounts using BAT.
Of course, some BAT betting sites may be sportsbooks, and others may include casino games. Some will actively allow you to bet on games using BAT, and some only permit Basic Attention Token deposits, exchanging your deposit into another cryptocurrency or FIAT currency for gameplay. This is something you need to be made aware of ahead of time and can discover in our BAT casino reviews.
Suppose you do decide to sign up and play at a BAT casino; what can you expect to play? There aren’t many games out there for you to explore, but we’ve listed the most common ones for you below. They include:
The array of games, including the developers behind those games, will vary depending on where you choose to play. Whatever you decide to go with, it is important that you check out the games supported at a crypto gambling site before you sign up there. We strongly suggest you check BTCGOSU’s BAT casino reviews before selecting a site.
There are perks to playing at online casinos and cryptocurrency betting sites with BAT. We’ve decided to list just a few of these for you below. They include:
Basic Attention Token has a top ecosystem whereby users can save and be rewarded. You can receive discounts when using BAT for transaction fees, and the more BAT you hold and save, the better the rewards become. You can look at Brave Rewards to land additional BAT goodies when using this cryptocurrency online.
Like most cryptocurrencies, BAT is a decentralized cryptocurrency. It is protected by all the same security as Ethereum, especially because it is built on top of Ethereum. The ERC-20 technology is used to ensure security and safety when using BAT.
BAT is a handy cryptocurrency if you prefer low fees. This successful altcoin’s fees are determined by its miners, but they are dedicated to keeping them low. The same cannot be said of more mainstream cryptocurrency options. Fees seldom rise above $1.50. In fact, they were as low as $1.25 in early 2022.
Not everything to do with Basic Attention Token is rosy. Here are a few of the drawbacks that you may wish to consider:
BAT has a total circulating supply of 100%, or 1.5 billion out of 1.5 billion. At the time of writing (early 2022), Basic Attention Token has an exchange rate of 1 BAT to 0.00024099 ETH. This is a confusing and highly volatile exchange rate for gamblers to bet with. In fact, one could argue that the exchange rate alone constitutes a significant enough risk to be deemed gambling.
Basic Attention Token is a relatively new cryptocurrency, and it is one that is still in development. Because it is linked to the Brave web browser, it won’t surprise you to learn that BAT uses its own dedicated Brave Wallet. It is not as widely available in other crypto wallets as rival cryptocurrencies – at least not yet.
What do you need to know to sign up and play at top Basic Attention Casinos? We’ll explain the key points below. They include:
Before we leave you, let us introduce some of the very best Basic Attention Token casinos and betting sites out there on the net once more. Here is our favorite:
If you’re interested in betting at BAT casinos right now, you need to follow a few short steps. They include the following:
BAT Casinos are not as common as, say, Bitcoin or Ethereum betting sites. However, they will grow in time. For the time being, you can get the very best of them right here at our site. Don’t hesitate to explore our Basic Attention Token casino reviews to see what each site offers and why.
Before you start betting, take a moment or two to explore answers to questions and queries with our FAQ guide.
That depends on the casino. Some casinos offer BAT bonuses, but these are rare. Even if you can’t claim a BAT bonus, you can typically claim a casino welcome bonus in another cryptocurrency, though.
You aren’t likely to find too many online casino games that accept BAT bets. This is because the software providers behind those games haven’t designed their slots to accept BAT bets.
BAT is the brainchild of the co-founder of Mozilla and Firefox. It is currently available for Brave browser users for the most part. While it is still undergoing development, it is already available for use online.
Again, this depends on the casino you choose to sign up. At some sites, this won’t be a problem. However, not every crypto casino has BAT free spins or even Basic Attention Token promotions to offer.
1 BAT is currently worth around $0.75. This is considerably lower than other cryptocurrencies. BAT is one of the more troublesome, volatile cryptocurrencies out there, so don’t expect this figure to remain the case for long.