As time passes, more and more cryptocurrencies keep falling in the cryptocurrency market. It would be unfair to say that these are just new currencies. Instead, these are new solutions to the existing problems of the world. That’s exactly what BAT is trying to do as well. BAT stands for Basic Attention Token. The aim of this token is to improve the advertising and marketing industry as a whole. Yes, the term “as a whole” applies to this cryptocurrency’s solution in its truest sense. Perhaps, you could try to trade this token or know about its availability on Neuer Capital .co .uk if you want to start in a safe place with this token.
A Basic Understanding of BAT
As mentioned earlier, this token has been designed to solve the issues of the advertising industry. The biggest issue that this industry faces can be summarized in the following points.
- Advertisers never get their ads to the right audience or are never able to make the best of the advertising quota because their ads are being displayed to people who are not interested in them at all.
- Publishers do not get any money from placing ads on their platforms because the ads are annoying or placed without any knowledge of user’s attention.
- Users get plagued with annoying ads as they are navigating on the internet, which further infuriates them and turns them not only against the publisher but the brand being advertised as well.
BAT rewards users for watching ads. The more ads they watch the more BAT coins they get. For these coins, they can enjoy a lot of returns when the BAT platform is up and running at its fullest. On the other hand, publishers will earn great revenues from placing ads on their websites or other platforms because users will be willing to watch those ads. The biggest sigh of relief will be for advertisers who will see their ads finally performing because of a completely overhauled yet improved system.
Should You Invest in BAT in 2020?
Now the important question, “Should you invest your money in BAT?” Well, that decision is solely for you to take but you can definitely say that just like other famous cryptocurrencies, BAT is solving a real problem. It is not there just for being there. Secondly, 2020 has seen some stability in the popularity and price of this coin. The price increase might not seem big compared to the increases in the prices of bitcion, ethereum, and litecoin, but it has been on a steady rise since the start of 2020. At the time of writing this, BAT is at $0.303277.
Find the Right Place to Start Trading
If you find interest in this coin, the first step to take is to find the right broker. One of the best online brokers is XTR Gate. However, there is a lot of misinformation about this broker on the internet right now. Learn about all XTR Gate scam rumors here and find out yourself if the platform is trustworthy enough for you to start trading your first cryptocurrency.
