However, cryptocurrency markets tend to be quite irrational and most investors view every token, even utility-focused ones, as an investment for future returns.īrave founder Brendan Eich stated that the point of BAT was to spend, so users complaining about being unable to remove it from their browser is against the very use case of BAT. The token is meant to be spent while tipping your favorite content creators and in the future to even purchase goods and services online.
The purpose of the BAT token isn’t to HODL – it is consumption. Although it isn’t ideal to have to complete a know-your-customer (KYC) to move the BAT earned through ads and tips, Brave is not exempt from regulations requiring this and would prefer if a trusted entity did it instead, July 25, 2019. Users have been impatiently waiting for Brave and Uphold to allow this, and it is finally here. A Reddit user shared a screenshot showing that Uphold now allows users to move their BAT from the browser integrated wallet after completing verification.
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