How To Buy Basic Attention Token UK – Buy BAT In Under 5 Minutes

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Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.

For the majority of internet users, banner blindness is common when purposefully ignoring online ads, but what if there was a monetary incentive to engage with them? 

Basic Attention Token (BAT) is a crypto designed to create an incentive around digital advertising that is both beneficial to consumers and marketers. 

If you’re wondering how to buy Basic Attention Token in the UK, this beginner’s guide covers everything you need to know!

Table of Contents

#1 Broker to Buy BAT – eToro

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$50
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  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
0% Commissionstart TradingOur score 10

How To Buy BAT – Choose a Top Broker or Crypto Exchange

The best way to buy BAT in the UK is with an online trading platform or crypto exchange. But with so many options out there how do you choose the right provider that’s right for you?

To speed up the process, we’ve identified the five best online brokers and cryptocurrency exchanges that allow you to buy BAT tokens in the UK on a budget. 

  1. eToro – Overall Best Broker to Buy BAT UK
  2. Coinbase – Best Crypto Exchange to Buy BAT for Beginners
  3. OKEx – Best Low-Cost Exchange to Buy BAT UK
  4. Binance – Top-Rated Cryptocurrency Exchange to Buy BAT with Low Commissions
  5. Coinjar – Best Crypto Exchange to Buy BAT UK with low crypto deposit fees

Continue reading this guide to learn more about each of these top-rated crypto trading platforms.

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CFDs are complex instruments and carry a high risk of losing money quickly through leverage. 75% of retail investor accounts lose money when trading CFDs from this provider.

How to Buy Basic Attention Token in the UK – A Quick Guide For 2022

Let’s cover how to buy MANA in four simple steps with eToro:

  • Step 1: Open a trading account with the trusted copy trading platform eToro.
  • Step 2: Verify your account – As part of the KYC (Know Your Customer) process you will need to upload proof of identity and address, such as a passport and recent bank statement. 
  • Step 3: Fund your Trading Account – Depositing funds into your eToro account is quick and easy. Simply choose from a range of payment methods such as a credit/debit card, bank transfer, or via PayPal, and deposit at least £200 with a 0.5% conversion fee.
  • Step 4: Buy BAT – Type ‘BAT’ into the search bar at the top of the screen, tap on ‘Trade’ and buy Basic Attention Tokens with a minimum investment of just $25. 

Finally, you can buy BAT by tapping on ‘Open Trade’. You can also store your Basic Attention Tokens safely in the eToro Money crypto wallet. At eToro you can buy, sell and store 17 of the most popular cryptos from the comfort of your own home. 

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.   

Where to Buy BAT in the UK

With a quick Google search you’ll be exposed to a huge range of online crypto exchanges and brokers all claiming to offer the cheapest fees and best features. But how do you separate the best from the average? 

We’ve picked the five best crypto exchanges to buy BAT in the UK so that you can start participating in the volatile crypto market with a top-rated and trusted online broker. 

1. eToro – Overall Best Broker to Buy BAT UK with Tight Spreads

eToro logo

During our research, we found that eToro is the best crypto trading platform to buy BAT in the UK for the following reasons. Launched in 2006, eToro currently serves over 20 million active traders and is regulated by several top-tier financial authorities. eToro is a widely popular fintech company that grants access to CFDs, forex, real stocks, ETFs, cryptos and fractional share trading.

What cryptos fees are charged and how many account types are there? 

When you purchase cryptocurrencies on eToro, you take ownership of the digital assets and you can store them on the eToro Money crypto wallet. As such, the cost of buying BAT involves the typical spread for BAT which is 2.9%. Furthermore, you can invest with as little as $25 and diversify your crypto portfolio with a mix of the hottest digital assets on the market. 

eToro buy BAT

In terms of non-trading fees eToro does not charge any deposit fees or account fees. It does, however, charge a withdrawal fee of $5 and an inactivity fee of $10 after 12 months of non-use. Additionally, the only available account base currency is USD, so any deposits or transactions made with non-USD currency incur a 0.5% conversion fee. 

eToro was designed with beginner traders in mind, and in keeping with its user-friendly nature you can choose either a demo account or a live trading account. The account opening process is fully digital and seamless as it only takes a few minutes to complete. 

What payment methods does eToro support? 

Funding your eToro account is straightforward as traders have several payment options at their disposal. This social trading platform accepts credit/debit cards, PayPal, Neteller, Skrill, bank transfers, and more with zero fees for USD deposits. 

Is eToro safe?

eToro copyportfolio

eToro is fully regulated and authorized by the UK’s Financial Conduct Authority, the Cyprus Securities and Exchange Commission, and the Australian Securities and Investment Commission. eToro complies with the latest regulations which means it holds 90% of all client funds in segregated bank accounts, as well as providing negative balance protection.

Pros

  • Trade 17 crypto assets with market-leading spreads and zero commission
  • Access commission-free stocks listed on 17 international markets
  • The minimum investment when buying cryptos is just $25
  • Regulated by the UK’s FCA, CySEC and ASIC
  • eToro supports a variety of payment methods such as PayPal and debit cards.

Cons

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.  

2. Coinbase – Best Crypto Exchange to Buy BAT for Beginners

According to coinmarketcap.com, Coinbase is one of the largest cryptocurrency exchanges, with a market cap of over $47bn and an average 24-hour trading Coinbase logo volume of over $1.4 billion. Coinbase (NASDAQ: COIN) made a blockbuster IPO (initial public offering) on the NASDAQ exchange in April 2021, raising $500 million from shareholders who valued the crypto exchange at $8 billion.

When you buy and sell cryptos on Coinbase, you will have to pay a standard commission of 1.49% per slide. There is also a Coinbase fee when you convert one crypto into another. This spread amounts to 2% which is above average when compared to its competition. 

Coinbase buy BAT

Deposit and Withdrawal fees

You can fund your Coinbase account with a cryptocurrency, but most beginner crypto traders in the UK are more accustomed to using a traditional payment method such as a credit or debit card. With this in mind, you may be surprised to learn that when you use a debit card to deposit funds you will need to pay a 3.99% deposit fee. There is a 2% charge for debit card withdrawals while bank transfer withdrawals are free of charge, given that you will have to wait a couple of business days for your funds to be processed. 

Coinbase

Coinbase offers a range of payment methods such as debit cards, cryptocurrencies, and bank transfers. A UK bank transfer can be used to avoid the high 3.99 percent Coinbase fee on debit card deposits and transactions.

Is Coinbase safe? 

Coinbase complies with all the applicable laws and regulations in each jurisdiction that it offers its services in. Coinbase is also registered as a Money Services Business with FinCEN. 

Pros

  • User-friendly crypto exchange platform ideal for beginners and advanced traders
  • Streamlined account opening process
  • Supports debit cards and bank transfers
  • No inactivity fees & $0 minimum deposits 
  • Registered as a Money Services Business with FinCEN

Cons

  • 3.99% debit card deposit fee

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.  

3. OKEx – Best Low-Cost Exchange to Buy BAT UK

Founded in 2014 by Star XU, OKEx is a top-rated cryptocurrency exchange based in the Seychelles. Some of OKE’s main features include crypto spot and OKEX derivative trading. OKB, OKEx’s utility token can be used to buy services and products on the exchange. OKB can be used to measure and pay trading fees, give users access to voting and governance on the crypto platform, and works as an incentive for crypto enthusiasts to hold OKB. 

Serving more than 20 million traders, OKEx allows you to buy Basic Attention Token with ease. Moreover, if you already own a crypto asset you can deposit it into the OKEx crypto wallet and trade it for other cryptocurrencies of your choice. 

What are the OKEx crypto trading fees?

OKEx uses a maker-taker fee model. In Layman’s terms, makers are traders who increase the liquidity of the exchange’s order book by placing limit orders that are not executed immediately and are therefore available for other traders to use. 

OKEx buy BAT tokens

Takers work in the opposite direction, by taking liquidity from the order books by placing market orders. At OKEx, the maker-taker fee rates are based on customer tiers, trading markets, and asset classes. OKEx’s maker-taker fee model starts at 0.1% for traders holding less than 500 OKB tokens. The trading fees are calculated based on whether you will be placing spot, futures, perpetual swaps, or options trades.

When it comes to deposits and withdrawals, OKEx does not charge fees, but you will need to pay a minimum Bitcoin network fee when withdrawing BTC from the exchange. 

How can I buy cryptocurrency on OKEx?

On OKEx, users can open and verify an account, and start buying and selling Bitcoin and other altcoins immediately with credit cards, debit cards, bank transfers, and other supported payment methods. On March 25th, 2021 OKEx announced that it added more fiat currencies and payment methods for P2P trading. 

  • Newly supported currencies: BYN, COP, MXN, PEN, GHS, KES, ZAR, EGP, AUD, CAD, EUR and GBP. 
  • Newly supported payment methods: Mercadopago, Yape, Plin, Bundle, Vodafone Cash, M-Pesa, Chipper Cash, FNB eWallet, Revolut, Interac e-Transfer and Wise.

OKEx homepage Is OKEx safe? 

As with most crypto exchanges, OKEx is not regulated by the FCA or any other regulatory institution as cryptocurrencies are not covered by investor protection schemes. However, when you use OKEx as your Bitcoin Wallet provider, you trade confidently knowing that the exchange uses the best security protocols out there. OKEx holds Bitcoin in cold wallets which means that all crypto wallets are disconnected from the internet. Furthermore, the passwords required to gain access to the private keys are held by people in different countries. Users can also use two-factor authentication, which ensures that setting up and using an OKEx crypto wallet is convenient as well as safe. 

Pros

  • Accepts a wide range of payment methods
  • Zero deposit fees
  • Maker-Taker fee rate structure
  • Access a wide range of 150 cryptos
  • Store your digital assets in OKEx’s SA secure crypto cold wallet 

Cons

  • Not authorized or regulated by the FCA

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.

4. Binance – Top-Rated Cryptocurrency Exchange to Buy BAT with Low Commissions

Binance

Binance is one of the largest cryptocurrency exchanges, with a daily volume of $13 billion. Binance, situated in the Cayman Islands, was founded in 2017 and already has over 15 million users.

Binance has low trading fees when you compare them to its main rivals. The fee for spot trading is only 0.1 percent, and the fee for instant buying and selling is 0.5 percent. BNB is the Binance ecosystem’s native DeFi token. Depending on your location, Binance accepts both fiat and crypto deposits. Additionally, you have a choice of payment methods including cryptos, credit and debit cards, and bank transfers. Non-trading expenses include a 1.8% fee for depositing funds with a debit/credit card for UK-based traders.

Buy BAT tokens on Binance

Binance urges customers to complete the identity verification process since it lets you withdraw a larger quantity of money while also protecting against identity theft and money laundering practices. 

Binance Homepage

Pros

  • Facilitates the highest recorded daily trading volumes above $13bn 
  • Buy and sell 50+ cryptos
  • Market-leading trading commission as low as 0.1% per slide
  • User-friendly platform with high liquidity levels
  • Debit/Credit card, local bank transfer deposits accepted

Cons

  • Not regulated by the FCA, and is facing increasing scrutiny from global financial regulators

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider. 

5. Coinjar – Best Crypto Exchange to Buy BAT UK with low crypto deposit fees

You may think that CoinJar is just another standard cryptocurrency exchange, but this couldn’t be further from the truth. CoinJar provides clients with Coinjar exchange access as well as a crypto wallet, and a variety of crypto management services. With a CoinJar account you can trade a range of cryptocurrencies with low fees. The fully digital onboarding process is simple and can be completed in a matter of minutes. 

CoinJar charges different fees for makers and takers. The fees for takers when trading fiat-to-crypto pairs vary between 0.10%-0.50% depending on the volume of transactions. While this could be a disadvantage, it can be offset by the 0% makers fee. When it comes to crypto-to-crypto trading, the taker fee is just 0.10% which is below the industry average, and market makers incur a 0% fee. These crypto-to-crypto trading fees are a huge selling point for CoinJar making the exchange stand out from the rest. 

CoinJar buy BAT

Fiat-to-crypto trading is supported on the exchange, which makes CoinJar ideal for beginner crypto traders. Users can deposit fiat funds into their accounts with bank transfers or credit cards. The latter is typically not accepted by most crypto exchanges out there. All of these payment methods are free of charge but the only fiat currencies that are accepted at CoinJar are EUR, GBP, USD, and AUD. 

When it comes to security, CoinJar uses 2FA and password protection for crypto wallets with 90% of all clients’ funds stored offline in geographically redundant, secure places. 

Coinjar

Multi-signature technology is also used by CoinJar to store crypto assets in secure hot wallets.

Pros

  • User-friendly platform ideal for beginners 
  • Access to 30+ crypto assets
  • Low maker-taker fees
  • £5 minimum deposit
  • 90% of client crypto-funds are held in cold wallets. 

Cons

  • Not suitable for advanced crypto traders 

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.

How to Buy BAT in the UK – Detailed & Explained in Full 

In this segment of our beginner’s guide we’ll explore how you can buy Basic Attention Token in the UK in less than 5 minutes with eToro. 

Recommended Broker
eToro
Buy now

CFDs are complex instruments and carry a high risk of losing money quickly through leverage. 75% of retail investor accounts lose money when trading CFDs from this provider.

Recommended Broker
AvaTrade
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CFDs are complex instruments and carry a high risk of possible rapid loss of capital due to their leverage. 71% of retail investor accounts lose capital when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take high risk in losing your capital.

Libertex
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83% der Konten von Privatinvestoren verlieren beim Trading von CFDs bei diesem Anbieter Geld. Ihr Kapital ist im Risiko

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Wallet
Number of Coins
1341559
Trading Fees
SpreadsN/AN/A
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N/AN/AN/A
Withdrawal Fees
5 USDN/AN/A
Regulated
N/ACBI and MiFID in EuropeN/A
Min. Deposit
50$$100N/A
Leveraged Trading
N/A1:2 for cryptocurrenciesN/A
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