Brave Users Have a New Way to Cash Out Their BAT After Viewing Ads - Decrypt (2024)

In brief

  • Brave is a privacy browser with crypto tools built in.
  • Brave users receive Basic Attention Token (BAT) rewards.
  • That BAT can now go directly into a Gemini User Wallet.

Privacy browser Brave has long believed that if web users are subjected to ads, they should be compensated. While using Brave, each ad that customers agree to watch nets them a small amount of Basic Attention Token (BAT), Brave's own cryptocurrency.

You can recirculate that BAT to content providers you enjoy or, being the greedy crypto user you no doubt are, you can trade it for cash or other assets. A new integration makes both easier.

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Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, announced today that Brave Rewards users can get the BAT tokens they earn deposited straight into their Gemini accounts via the Gemini User Wallet.

According to today's announcement, you can either link your Gemini account or create a new one from the Brave Rewards page. Your BAT balance will show up in your Gemini account, just as if you purchased it from the exchange—meaning it can also be traded there. But you can still use that BAT within the browser to tip websites on Brave.

Brave Rewards already integrates with two other custodial wallets: Uphold and, for Japanese users, bitFlyer. Moreover, users can still exchange assets using Brave widgets for Binance, Crypto.com, FTX, and Gemini. Brave Rewards product manager Christopher Nguyen told Decrypt the browser is not taking any functions away or shifting its focus away from Uphold, which U.S. users have relied on for BAT storage until now. "This adds another option for our users," he said.

Brave's global market share falls far behind Chrome, Safari, Edge, and others, registering somewhere below 1%. But by the end of last year, it had registered 20 million monthly users, in part by positioning itself as a crypto-friendly browser and an indispensable tool in the Web 3 economy. In June, it launched a private search engine, and in February it announced its intent to build a decentralized exchange.

But today's rollout has been shaky in the eyes of some crypto consumers. Brave this morning fielded multiple comments from people claiming that, after syncing their Brave Rewards to the Gemini User Wallet, their balances went to 0.

An administrator posted a plea for patience: "Transactions are taking a little bit longer than expected due to high volume but we are working on getting this all ironed out. In the interim, if you verified and see 0.0 BAT in your browser wallet – don’t panic. You [sic] BAT is not gone and everything will work itself out."

Your attention, in other words, is still worth something.

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Brave Users Have a New Way to Cash Out Their BAT After Viewing Ads - Decrypt (2024)

FAQs

Can you cash out from Brave browser? ›

Hi, Can I withdraw Brave Rewards (BAT) to any other wallet (Not Uphold and Gemini)? You can only withdraw from Uphold and Gemini, after getting rewards on both of them. Withdrawal is free on Gemini (only one per day), but not on Uphold so you have to pay txn.

How do you convert Brave BAT to money? ›

To withdraw your BAT from the Brave Rewards ecosystem to trade on an exchange, or use in other secondary markets and apps, you'll need to verify as a Brave Rewards user with one of our custodial partners. However, note this is only required if you want to withdraw your BAT from the Brave Rewards ecosystem.

How do I withdraw my bat token from Brave? ›

To withdraw BAT tokens earned from the Brave browser in India, you need to follow these steps:
  1. Verify your Uphold account: Brave browser's BAT wallet is integrated with Uphold. ...
  2. Connect your Brave Rewards wallet to Uphold: Once your Uphold account is verified, you can connect it to your Brave Rewards wallet.

How do I cash out my Brave rewards? ›

You can withdraw the BAT you earn from Brave Rewards to a Web3 address you own, such as an address you manage with Brave Wallet. From there, you can use your BAT with Brave Wallet.

Is Brave browser making money? ›

Brave Software is a privately held, for-profit company. We generate revenue in several ways, including: The sale of New tab takeovers and Brave Ads, the first-party ad units that users opt into via our privacy-preserving ad platform. Note that opted-in users receive 70% of this ad revenue back in the form of BAT.

How much is 1 BAT in usd Brave? ›

BAT to USD
AmountToday at 5:37 pm
1 BAT$0.21
5 BAT$1.03
10 BAT$2.06
50 BAT$10.32
4 more rows

How much is 0.25 Brave BAT in dollars? ›

How much is 0.25 Basic Attention Token in US Dollar? 0.25 Basic Attention Token is 0.047164 US Dollar. So, you've converted 0.25 Basic Attention Token to 0.047164 US Dollar.

How much BAT token can I earn with Brave browser? ›

Earn crypto by installing Brave: You can earn BATs worth $5 just by installing the browser and using it for 30 days. You may even get 40 to 250 BATs randomly every month. Earn crypto by watching ads: Once you download the browser, you can start earning BATs while surfing the web and watching ads.

How do I transfer bat from Brave to Coinbase? ›

Choose Bitcoin Network, then paste your wallet address in the field that asks for destination of funds. Next click preview transaction, then you will see a confirm button for this transfer of funds. Click that and your funds in BAT are now on their way to your Coinbase account.

How do I sell my bat token? ›

If you're ready to sell BAT, follow these simple steps below:
  1. Sign up for a Kraken account. You just need to create an email address, username and a strong password.
  2. Verify your Kraken account. Provide your name, birth date, country of residence and phone number.
  3. Send BAT to Your Kraken Address. ...
  4. Sell BAT.

What is Brave bat token? ›

The Basic Attention Token (BAT) utilizes the Ethereum blockchain and a specialized web browser known as Brave. The BAT token is used as currency on the Brave platform and can obtain several different advertising services. It is designed to be exchanged between users, advertisers, and publishers.

Is Brave rewards good? ›

You see, with Brave Rewards, you won't actually be earning cash or even points. Instead, you will be paid a certain cryptocurrency called BAT (Basic Attention Token). It used to mean that you needed a cryptocurrency wallet to cash out your BAT. Brave recommends you use Uphold, a cryptocurrency trading platform.

How much is bat worth? ›

BAT Price Statistics
Basic Attention Token Price$0.2172
24h Low / 24h High$0.2042 / $0.222
Trading Volume24h$25,832,506 72.52%
Volume / Market Cap0.07985
Market Dominance0.03%
2 more rows

How do I convert Brave rewards to Bitcoin? ›

If you want to withdraw BAT, you will have to sign up for an Uphold or Gemini crypto wallet. If you don't have an Uphold or Gemini crypto wallet, you can create one from within Brave. From here, you can exchange BAT for Bitcoin or other cryptocurrencies.

How much money can you earn from Brave? ›

Q: How much can you earn from viewing Brave Ads? A: When you use Brave Rewards, you earn Basic Attention Tokens (BAT) for each privacy-respecting ad Brave shows you. A typical, engaged person who uses Brave as their everyday browser can expect to earn ​about $5 of BAT a month.

What is the minimum withdrawal for Brave rewards? ›

Among the best aspects of the Brave Rewards Program is that there is no minimum withdrawal limit. This means that earned coins can be redeemed as soon as they are earned. It is worth noting that not everyone is eligible to join the Brave Rewards program.

How do I get crypto from Brave browser? ›

As a Brave browser user, you can earn revenue in the form of BAT (Basic Attention Token) by simply opting to view ads. BAT is Brave's native cryptocurrency, and a user can earn it when they opt to view anonymous and privacy-preserving ads.

Is Brave browser safe for banking? ›

It's safe to browse your bank with just Brave. I just use the built-in Microsoft Anti-virus, and just being careful which sites I visit and what programs are installed. Just being cautious, don't download dodgy programs or visit dodgy links. Occasionally running malwarebytes to ensure everything is okay.

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