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  3. Singapore Dollar (SGD) to Basic Attention Token (BAT)

Convert
Singapore Dollar (SGD) to Basic Attention Token (BAT) Instantly

SGD SGD
BAT BAT
Buy Basic Attention Token (BAT)

Purchase Basic Attention Token (BAT) with Singapore Dollar (SGD) easily at Switchere and benefit from fast, secure transactions.

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)

How to Buy Basic Attention Token (BAT)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose SGD to BAT Pair

    Select your preferred payment method and enter the amount.

  2. 02

    Enter Your Basic Attention Token Wallet Address

    Provide your BAT wallet address and proceed with the payment.

  3. 03

    Receive Your Basic Attention Token

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

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Frequently asked questions

  • What is the SGD/BAT trading pair and what does it represent?

    The SGD/BAT pair allows you to buy Basic Attention Token (BAT) using Singapore Dollars (SGD). It represents a direct fiat on-ramp for users in Singapore to acquire BAT, an ERC-20 utility token on the Ethereum network. BAT is integral to the Brave browser's digital advertising ecosystem, rewarding users for their attention.

  • What are the common payment methods to buy BAT with SGD?

    To purchase this digital asset on a cryptocurrency exchange, users in Singapore typically use FAST transfers or PayNow for instant and low-cost SGD deposits. Some platforms may also accept debit/credit card purchases, though these often have higher fees. Always use a regulated exchange that complies with MAS guidelines and requires KYC/AML verification.

  • Why is BAT's connection to the Brave browser important for its value?

    BAT's value is fundamentally tied to its utility within the Brave Rewards ecosystem. Users can earn BAT by viewing privacy-respecting ads and can then tip their favorite content creators or publishers. This creates a circular economy based on user attention, driving demand for the token beyond pure speculation and anchoring it to a real-world application with millions of users.

  • What fees are involved in a typical SGD to BAT blockchain transaction?

    A complete transaction has several potential fees. First, a deposit fee for your SGD (often minimal with PayNow/FAST). Second, the cryptocurrency exchange's trading fee for executing the buy order. Finally, if you move your BAT to a personal digital wallet, you must pay an Ethereum network gas fee. This gas fee is variable and is required to process any ERC-20 token transaction on the blockchain.

  • How can I securely store my BAT tokens after purchase?

    For optimal security, you should withdraw your BAT from the exchange to a digital wallet where you control the private keys. As BAT is an ERC-20 token, it is compatible with any Ethereum-supporting wallet, such as MetaMask or a hardware wallet like Ledger or Trezor for the highest level of security. Never share your seed phrase with anyone.
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