Purchase Basic Attention Token (BAT) with Turkish lira (TRY) easily at Switchere and benefit from fast, secure transactions.
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.
The TRY/BAT pair allows you to directly purchase Basic Attention Token (BAT), a digital asset, using Turkish Lira (TRY). Its core utility is to provide a fiat on-ramp for users in Turkey to enter the Brave browser's digital advertising ecosystem. BAT is an ERC-20 token on the Ethereum blockchain designed to reward user attention and connect content creators, advertisers, and users in a decentralized manner.
A direct TRY to BAT fiat gateway provides significant advantages. Firstly, it eliminates currency conversion fees that would be incurred if you first had to buy a major crypto like Bitcoin or a stablecoin with TRY and then trade it for BAT. This direct trading pair often offers better liquidity and pricing for Turkish users. It simplifies the entire process of acquiring this digital asset, granting direct access to the Brave Rewards program and the wider digital advertising economy it powers.
When converting TRY to BAT, security is paramount. First, use a reputable cryptocurrency exchange that complies with local regulations. Always enable Two-Factor Authentication (2FA) on your account. When withdrawing your BAT, which is an ERC-20 token, double-check that the receiving address is correct and is an Ethereum-compatible wallet you control. For significant amounts, transferring to a hardware wallet is the most secure method for storing your digital asset long-term, protecting it from online threats.
To buy BAT with TRY, you typically need to use a local or international cryptocurrency exchange that lists the TRY/BAT pair. The process involves creating an account, completing KYC/AML verification, and depositing TRY via a bank transfer (EFT/Havale). Once your fiat deposit is credited, you can place a buy order for BAT on the exchange's order book. After the purchase, it's a security best practice to withdraw your BAT to a personal, non-custodial digital wallet.
The value of BAT is intrinsically linked to the adoption and utility of the Brave browser. As more users adopt Brave for its privacy-focused browsing and participate in the Brave Rewards program, the demand for BAT can increase. This demand comes from advertisers buying BAT for campaigns and users earning or tipping it. Therefore, traders on the TRY/BAT market are essentially speculating on the growth of this digital advertising ecosystem, and positive developments for Brave can influence sentiment and trading volume for the pair.
Yes, there are several fees. First, your bank or payment provider may charge for the TRY deposit (EFT/Havale) to the exchange. Second, the cryptocurrency exchange will charge a trading fee, usually a small percentage of the transaction value. Finally, when you withdraw BAT to a private wallet, you will pay a blockchain transaction fee, known as a 'gas fee' on the Ethereum network. This gas fee is paid to network validators and varies based on network congestion.