One of the largest cryptocurrency exchanges in Japan and one of the biggest Bitcoin brokers worldwide just announced it would be adding a new coin for trading.
In an April 9 press release, crypto exchange bitFlyer said it would start trading Brave’s Basic Attention Tokens (BAT) in Japan. It has been four months for bitFlyer to list a new coin since it supported Ripple (XRP) December 2019
BAT was recently approved by FSA for trading. GMO coin, another exchange registered with FSA, just started trading it last month.
Brave benefiting from high traffic during pandemic
With much of the world limiting their exposure to COVID-19 through sheltering in place, Brave has seen a spike in its number of users. Part of the reason for Brave’s success has been its devotion to user privacy. Marketed as a privacy-oriented rival of Google Chrome, the browser’s efforts to protect individuals’ data have seen their number of users double from 2018 to 2019.
Its tokens are nearly as popular among users, with the browser selling $35 million worth of BAT in less than a minute for a 2017 initial coin offering. Another crypto exchange, GMO Coin, also started trading BAT for the Japanese market in Match.
Hisashi Oki of Cointelegraph Japan contributed to this article.