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| Symbol | BATUSD |
| Name | Basic Attention Token vs US Dollar |
| Quote Currency | USD |
| Trading Hours | 24/7 |
| Spread As Low as (Quote currency) | 0.00415 |
| Commission | No |
| Contract Size (Per Lot) | 1000 BAT |
| Minimum Contract Size (Lot) | 0.01 |
| Minimum Step Size (Lot) | 0.01 |
| Leverage Up To | 1:100 |
| Limit and Stop Level | 0 |
| Execution | Market |
| Trading Platform | MT5, Mobile App, WebTrader |
| Sector | Crypto |
ZERO Deposit Fees
Choose from multiple (15+) deposit options such as Skrill, Neteller, Visa/Mastercard, Crypto, Local Bank and others with zero fees.
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Trade CFD's (1000+) on a wide range of instruments including Forex, Shares, Commodities, Indices, Precious Metals, Cryptocurrency and Energy.
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Trades are executed through liquidity engines in LD4 and access servers in Asia, Europe and Africa.
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The digital realm is awash with innovative solutions addressing a variety of challenges. One such arena that has been ripe for disruption is online advertising. Enter Basic Attention Token (BAT) – a token aimed at reshaping the landscape of digital ads. In this post, we’ll dive into the concept behind BAT, its unique proposition, and its implications in the world of CFD trading.
Developed by Brendan Eich, the co-founder of Mozilla and Firefox and the creator of JavaScript, the Basic Attention Token (BAT) operates within the Brave browser.
BAT is a utility token that underpins a new, decentralized, and more efficient digital advertising platform. It aims to fairly reward users for their attention, while providing advertisers with a more direct and effective way to reach potential customers.
User-Centric Monetization
Within the Brave browser, users can opt to view advertisements and, in return, are rewarded with BAT tokens. This is in stark contrast to the current system where user attention is monetized without direct compensation.
Improved Ad Efficiency
By cutting out intermediaries and focusing directly on user attention, advertisers using BAT can get better return on investment, as they reach genuinely interested users.
Privacy First
One of the hallmarks of the Brave browser and BAT ecosystem is its focus on user privacy. Ads are matched locally, ensuring that user data never leaves the device.
Versatile Utility
BAT tokens, once earned, can be used in various ways: they can be tipped to content creators, converted to other currencies, or used for premium content and services within the Brave platform.
With its unique approach to online advertising and growing user base, BAT has sparked interest among both crypto enthusiasts and CFD traders. Here’s why:
Price Dynamics: As with many cryptocurrencies, BAT experiences periodic volatility, providing potential opportunities for traders to speculate on its price movements.
Increasing Adoption: The continuous growth of the Brave browser’s user base and partnerships can influence BAT’s demand and, consequently, its market value.
Media Coverage: Being at the intersection of technology and digital advertising, BAT often garners media attention, which can result in price swings beneficial for CFD trading.
The Basic Attention Token (BAT) offers a refreshing take on the digital advertising paradigm, placing user attention and privacy at its core. For CFD traders, BAT provides an exciting asset with dynamics influenced by both technological developments and shifts in digital advertising trends.
Start trading BAT/USD crypto CFD now!
BAT powers the Brave Browser. It aims to revolutionize online advertising by linking users, content creators, and advertisers directly, thereby providing a more efficient and fair internet ad system.
No, CFD trading involves speculating on price differences without holding the underlying cryptocurrency.
Begin by selecting a broker that offers crypto CFDs, such as Baxia Markets. After setting up and funding your account, choose BAT/USD from the symbol list, and you can start trading based on your market analysis.
CFDs offer advantages like leverage, allowing traders to have higher market exposure without committing the full position value upfront. CFDs also enable the possibility of profiting from downward market trends.
BAT is a utility token integral to the Brave browser ecosystem, aimed at enhancing online advertising efficiency by rewarding users for their attention.
Yes, with CFDs, traders can speculate on both rising and falling markets.
Factors include overall cryptocurrency market sentiment, adoption and updates of the Brave browser, regulatory news, and broader economic factors.
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Risk Warning: Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Baxia Markets, and seek independent advice if necessary. Forex and CFDs are highly leveraged products which mean both gains and losses are magnified. You should only trade in these products if you fully understand the risks involved and can afford losses without adversely affecting your lifestyle (including the risk of losing the entirety of your initial investment). You must assess and consider them carefully before making any decision about using our products or services.
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