Basic Attention Token (BAT) Exchange
Looking to exchange BAT? Swapzone compares live offers from partner exchanges by rate, speed and KYC label. No account, no custody, 0% platform fee. BAT is an ERC-20 token on Ethereum that powers the reward economy of the Brave browser.
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What is BAT?
About Basic Attention Token
BAT, the Basic Attention Token, is an ERC-20 token that runs the reward economy inside the Brave browser, a privacy-focused browser that blocks trackers by default. Brendan Eich, the creator of JavaScript and a co-founder of Mozilla, and Brian Bondy, a former Mozilla and Khan Academy engineer, co-founded the project; Brave launched in 2016 and BAT followed in a 2017 token sale. The mechanism is a three-sided market. Advertisers buy attention with BAT, users who opt into Brave Rewards receive 70% of the revenue from ads they choose to view, and content creators collect BAT tips through the Brave Creators program. That structure inverts the standard web-advertising model, where the browser passes user data to third parties and the user receives nothing. Brave passed 100 million monthly active users in September 2025 and, according to press reports of its public statistics, reached about 126 million in August 2026. BAT is spent and earned mainly inside one company's product, so its utility rises and falls with Brave's advertising business rather than with an independent network.
BAT tokenomics
BAT has a fixed supply of 1.5 billion tokens, minted in full at the 2017 sale, with no mining and no mechanism to issue more without deploying a new contract. Over 99% of that supply already circulates, so market capitalization and fully diluted valuation are effectively equal.
Total supply — 1,500,000,000 BAT, fixed at the 2017 token sale, not mineable
Circulating supply — approximately 1.4957 billion BAT as of November 2026, according to CoinGecko, over 99% of the total
Market data — market capitalization of about $195 million and a price of about $0.13 as of November 2026, according to CoinGecko; the all-time high was about $1.9 in November 2021
Revenue split — 70% of ad revenue to opted-in users on the ads they view; Brave retains the rest
Primary chain — Ethereum, with bridged deployments on other networks
DeFi use — BAT has been accepted as collateral on lending protocols
What determines BAT's value
BAT demand is a function of Brave's ad business, which is both its strength and its constraint. Advertisers must acquire BAT to run campaigns, so ad spend converts into token demand, while users who earn BAT and hold rather than sell it remove supply from circulation. With over 99% of the 1.5 billion supply already liquid, there is no emission overhang, so the price follows usage more closely.
The open question is whether attention advertising scales into a token thesis. Brave also runs revenue lines that are not denominated in BAT, including Brave Search and premium subscriptions, so demand for Brave's privacy products can grow without lifting BAT. Brave Rewards perks that give holders reasons to spend and hold are the counterweight. Whether those additions lift BAT demand faster than Brave's non-token revenue grows determines the token's trajectory.
How to Exchange Basic Attention Token on Swapzone
How to Choose a Basic Attention Token Exchange
Basic Attention Token (BAT) Price Analysis
Frequently Asked Questions About Basic Attention Token (BAT)
The Basic Attention Token is an ERC-20 token that runs the reward economy inside the Brave browser, which blocks trackers by default.
Brendan Eich, the creator of JavaScript and a Mozilla co-founder, and Brian Bondy, a former Mozilla and Khan Academy engineer. Brave launched in 2016 and BAT followed in a 2017 token sale.
Advertisers buy attention with BAT, users who opt into Brave Rewards receive 70% of revenue from the ads they choose to view, and creators collect BAT tips.
Brave passed 100 million monthly active users in September 2025 and, according to press reports of its public statistics, reached about 126 million in August 2026.
Yes. 1.5 billion BAT were minted at the 2017 sale, and about 1.4957 billion were in circulation as of November 2026, according to CoinGecko.
The all-time high was about $1.9 in November 2021. CoinGecko listed BAT at about $0.13 as of November 2026, according to CoinGecko.
Mostly. BAT is earned and spent mainly inside Brave's product, so its use depends on Brave's advertising business.
Ethereum is the primary network, and bridged versions exist on other networks with different address formats.
Open swapzone.io/exchange/basic-attention-token, enter the amount, and compare offers from partner exchanges by rate, time, and KYC label. Paste your Ethereum address, send BAT to the deposit address, and track the order.
No. A standard 0x address is all that is needed on Ethereum.
Demand depends on one company's ad business, and Brave also earns from lines that are not denominated in BAT.
Why Exchange Basic Attention Token with Swapzone?
24/7 live chat support at every stage of your BAT swap.
Non-custodial aggregator: you send BAT to the partner's deposit address and receive funds in your own wallet, never through Swapzone.
Live None offers from exchange partners side by side.
Swap BAT with 1,600+ cryptocurrencies.
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