Why you should be buying BAT

Why you should be buying BAT

By Diviner | SimplyJustCrypto | 5 Jun 2020


Theres a chance that you're reading this using the Brave Browser. That would be no surprise considering that Brave now has over 5 million daily active users. For those of you that don't know, Brave is a fast, light-weight browser that rewards its users with its native token, BAT (Basic Attention Token). Just by using the browser and viewing ads, users can earn BAT, which can be exchanged on nearly every major exchange platform. 

Sitting at number 31 on CoinMarketCap with a price of $0.24, I expect the price of BAT to increase in the future as the browser continues to grow. Here are 2 reasons as to why I believe you should be buying BAT.

1. Brave Browser Continues to Grow

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Brave recently announced its growth figures for 2020 so far and the numbers are extremely promising. It now has over 5 million daily active users, a 50% increase since last November and a 125% increase over the past year. As more people are entering the crypto world, more people are learning about the Brave Browser and its benefits. Not only does it pay its users, Brave is also much faster compared to Google Chrome, loading pages up to 8x faster. As the Brave Browser continues to grow, more people will be introduced to BAT, thus increasing demand. 

2. Increasing Adoption by Content Creators

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A big reason for the increasing adoption of the Brave Browser, is that content creators are starting to use Brave as well. Users can donate BAT to their favorite creators on Youtube, Twitch and more. This incentives content creators to use Brave and promote the platform, which only helps to grow the browser as a whole. As you can see, the numbers of Youtube and Twitch channels that accept BAT donations have been rapidly increasing in 2020. 

As the Brave browser continues to grow through new users and content creators, this can only be good news for BAT.

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Diviner
Diviner

Just an ordinary guy exploring the amazing world of crypto


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