1. Home
  2. Converter
  3. Nigerian Naira (NGN) to Basic Attention Token (BAT)

Convert
Nigerian Naira (NGN) to Basic Attention Token (BAT) Instantly

Purchase Basic Attention Token (BAT) with Nigerian Naira (NGN) easily at Switchere and benefit from fast, secure transactions.

NGN
NGN
Bank card
BAT
Basic Attention Token (BAT)
Crypto
Buy Basic Attention Token

About
Basic Attention Token (BAT)

Basic Attention Token (BAT) is a digital advertising token built on the Ethereum blockchain, designed to revolutionize the digital advertising landscape through its integration with the privacy-focused Brave browser. The project aims to solve inefficiencies and privacy concerns prevalent in traditional online advertising by fairly rewarding users for their attention, while offering advertisers better returns and publishers a more equitable revenue share. BAT creates a transparent and decentralized advertising exchange, leveraging blockchain technology to connect advertisers, publishers, and users directly. This system improves ad targeting efficacy through on-device machine learning without compromising user data, a key differentiator from conventional ad platforms.

The core technology involves the Brave browser, which blocks invasive ads and trackers by default. Users who opt-in to view privacy-respecting Brave Ads are compensated with BAT tokens. These tokens can then be used to tip content creators and publishers, access premium content, or be exchanged for other digital assets. For advertisers, BAT serves as the payment currency for ad campaigns, ensuring their budget is spent on verified user attention. As an ERC-20 utility token, BAT’s tokenomics are central to its ecosystem, facilitating a novel attention-based economy. It represents a significant effort to establish a more ethical and efficient model for digital advertising within the burgeoning Web3 infrastructure, making the advertising experience less intrusive and more rewarding for all participants.

Basic Attention Token (BAT)

Buy Other 150+ Cryptocurrencies for Nigerian Naira (NGN)

Other Coins for Nigerian Naira (NGN)

How to Buy Basic Attention Token (BAT)

  1. Select currency menu

    Choose NGN to BAT Pair

    Select your preferred payment method and enter the amount.

  2. Crypto address page

    Enter Your Basic Attention Token Wallet Address

    Provide your BAT wallet address and proceed with the payment.

  3. Confirmation page

    Receive Your Basic Attention Token

    Complete the payment, and your BAT will be sent to your wallet.

Web ios android

Frequently Asked Questions

  • What is the best way to buy Basic Attention Token (BAT) with Nigerian Naira (NGN)?

    To buy BAT with NGN, a common method is using a peer-to-peer (P2P) platform to first purchase a major cryptocurrency like USDT or BTC with NGN via bank transfer. You can then trade that asset for BAT on a cryptocurrency exchange that lists the BAT trading pair. This multi-step process is often necessary due to local banking regulations and provides access to deeper liquidity on global exchanges.

  • Which digital wallets are recommended for securely storing BAT tokens?

    Since BAT is an ERC-20 token, it can be stored in any Ethereum-compatible digital wallet. For ease of use within its ecosystem, the native Brave Wallet is a primary choice. Additionally, many users manage their BAT rewards through the integrated Uphold wallet. For long-term storage or holding larger amounts, hardware wallets are considered the most secure option to protect your digital assets from online threats.

  • How does the Brave Rewards program provide a fiat on-ramp for Nigerian users?

    The Brave Rewards program allows Nigerian users to earn BAT tokens simply by browsing the web and opting into privacy-preserving ads. These earned digital assets can then be linked to a verified wallet like Uphold, and subsequently sold for NGN on a P2P market. This mechanism acts as a unique, low-barrier fiat on-ramp, enabling users to enter the crypto economy by monetizing their attention rather than investing their capital directly.

  • What is the core function of BAT within the Brave browser ecosystem?

    BAT is an ERC-20 utility token on the Ethereum network that powers a new digital advertising model. Within the Brave browser, users can earn BAT rewards for their attention by viewing privacy-respecting ads. They can then use this digital asset to tip content creators and publishers, or redeem it, creating a more equitable system that rewards users, publishers, and advertisers.

  • What are the typical fees associated with NGN to BAT transactions?

    When converting NGN to BAT, you should consider several potential fees. On P2P platforms, the exchange rate might include a small margin. On a centralized exchange, there will be a trading fee for the BAT transaction. Finally, when you withdraw your BAT to a personal digital wallet, you must pay an Ethereum network fee, known as 'gas', which fluctuates based on network congestion. Always check the fee schedule of the platform you are using.

  • Are there security risks to consider when trading NGN for BAT on P2P platforms?

    Yes, P2P trading requires caution. Always use reputable platforms that offer an escrow service, which holds the cryptocurrency until the NGN bank transfer is confirmed by the seller. Verify the identity and trade history of your counterparty. Never release the crypto from escrow until you have confirmed receipt of the full NGN payment in your bank account to mitigate risks of fraudulent chargebacks or payment reversals.

Our website uses cookies. Our Cookie Policy