Bold browser to integrate a dedicated Binance Smart Chain Defi wallet

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The privacy-focused web browser Brave will soon integrate a dedicated Binance Smart Chain wallet, according to a recently published announcement, opening up the browser’s users to the BSC ecosystem of DeFi products.

While Brave can already be configured to manually jump onto Binance Smart Chain, adding a pre-configured wallet is expected to simplify the process without the need for special apps, wallets, or additional tinkering.

In the meantime, the token in the middle of the Brave browser, Basic Attention Token (BAT), has been made compatible with BSC in the form of Wrapped BAT (WBAT). Wrapping is the process by which tokens from one blockchain ecosystem can be represented on an entirely different one. The most common example is Wrapped Bitcoin (WBTC) on Ethereum, where the former is made technologically compatible with the latter’s advanced processes.

“We hope that BAT and Brave will take over the crypto mainstream and make DeFi user-friendly for the mass market,” said Brave CEO and co-founder Brendan Eich.

According to reports, Brave has over 25 million active monthly users and over 7 million active users per day. The browser turned out to be an alternative to the popular browsers because it offers more privacy, less tracking, and the ability to choose to advertise a user.

Xiaoguang Zhang, Binance Smart Chain ecosystem coordinator, reiterated Brendan Eich’s assessment that the integration of Binance Smart Chain into Brave would further inspire the adoption of DeFi and crypto.

“With this strategic integration between the Brave browser and Binance Smart Chain, we will together introduce a seamless UX for crypto users to access DeFi and Dapps in BSC and other blockchains, which will dramatically inspire mass adoption and inclusive funding,” said Zhang.

As with many Altcoins, the value of the Basic Attention Token rose to a new all-time high in 2021. Between January and March alone, BAT was up 515% against the US dollar, rising from around $ 0.20 to $ 1.27 at the time of publication.