Brave browser has announced the launch of a new feature that would allow users to sell digital assets without leaving the app. The privacy-focused browser released a statement saying that users can leverage several fiats using the US dollar to carry out transactions. Beforehand, the company released a new feature that users can leverage in-app services to buy digital assets.
Ramp Network will facilitate transactions
The self-custody sector of the crypto sector has been receiving a lot of attention over the last few months. Most users in the market have fingered the issue with FTX as a major piledriver for attention. In its statement, Brave browser mentioned that it is committed to improving self-custody for its users. The platform also announced that the new feature would be powered by Ramp Network, a platform that provides on-ramp services.
In the post, Brave browser specifically mentioned that it plans to offer its clients the safest and best way to manage their digital assets. The platform said the service is still in its rolling-out phase and would not be available in some countries. However, the company is working towards making it available in those countries shortly. In addition, traders have a list of 38 digital assets, including BAT to choose from should they want to leverage the platform for withdrawals.
Brave commends the rise of self-custody initiatives
The Brave browser statement commended the extreme growth that self-custody has seen over the last few years. However, the platform noted that the best way to secure one’s assets remains on centralized exchanges. The company also hopes innovations are brought to life through its new update. Brave browser has been in the market for a while, debuting as a privacy-focused browser. The browser blocks annoying ads and trackers across all websites, giving users a much-needed feel of privacy.
In 2017, the platform released an initiative that rewards users with its in-house crypto BAT. The amount of assets users earn dependent on the number of adverts they agreed to watch. The platform released its crypto purchase feature after teaming up with Ramp last year. In February, Brave announced it was venturing into the DeFi space after allowing mobile users to access dApps from the browser interface.
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