The integration of the Binance widget into the Brave Browser was announced on May 1st. But as an innovative element, many of you are likely to have key questions that we will answer today.
In this way, understanding the Binance widget is critical to using it. It is for this reason that we will clarify the most common doubts.
The launch was billed as the first browser-exchange integration of this type, with which users can trade and manage cryptocurrencies “seamlessly”.
This means that 13.5 million active users per month can access the services of crypto exchange in the Brave browser without leaving the web browser.
In this way, users can use this new widget in the Brave Browser to display the summary of their active crypto exchange balances and convert them to other crypts if they wish. You can also buy and sell their crypto through them.
However, the innovative launch raised some questions among users that need to be answered in order to take full advantage of the new service.
7 important questions to consider
Understanding the Binance widget is important to use it through the Brave Browser. That’s why today we ask you the 7 most frequently asked questions that are answered by the browser.
1. Do you collect my information?
The crypto world was born from the struggle for freedom and privacy, so it is normal for us to worry about our data. In this way, Brave makes it clear that the information about the transactions that are executed via the widget is not recorded.
With that in mind, it ensures that “The widget simply uses the Binance API directly with Binance when you log in through OAuth and interact with the widget.”
2nd Can I withdraw my BAT through Binance?
Remember that the Basic Attention Token (BAT) is the token that Brave Browser rewards users. Therefore, the browser ensures that no changes are made to Brave Rewards.
“If you inquire about Uphold, you can transfer your Uphold balance to your Binance account if you want, just as if there were no Binance widget in Brave.”
3. What happens when Binance stops working?
You can connect to your Binance account through OAuth, emphasizing that no accounts are created in Brave.
That said, Brave only uses the crypto exchange API to easily show users their account balance and perform operations.
4. Could Binance replace Uphold?
Brave Browser ensures this because the new Binance widget is independent of Brave Rewards and is therefore a new service that allows you to easily access your account through the crypto exchange.
5. How do I connect the widget to my account at the crypto exchange?
To connect the Binance widget to your account, click the “Connect” button in the widget. As soon as this is done, a window appears in which the authentication process of the crypto exchange has to go through. And done! You can now use the widget.
6. Will my privacy be compromised at Brave?
Brave Browser ensures that your browser’s privacy is not compromised when using the Binance widget. This ensures that you do not load remote binance content. Depending on the country, you only communicate with Binance or Binance.US when you interact with the widget.
7. Is the widget compatible for Binance.com and Binance.us?
Brave Browser ensures that the new widget can work with both platforms depending on the location. In the upper right corner of the widget you can choose your platform.