Brave Will Collaborate With Binance to Develop In-Browser Crypto Trading

Privacy-focused browser Brave Software, which will be developed in collaboration with Binance, is hoping to facilitate in-browser crypto trading, but it still needs work.

On March 24, Brave announced its partnership with major cryptocurrency exchange Binance which will aim at developing an in-browser crypto trading widget which is intended to allow users to deposit, swap, buy and trade crypto right from Brave browser’s launch and new tab windows. The crypto widget executes actions via Binance and Binance.US, depending on the user’s country.

Most of these features are not functional at launch. The widget is only accessible on Brave’s “Nightly” developer-stage browser, and as of March 25 afternoon it was limited to sending buy orders via the Binance Fiat Gateway. Brave noted a wider release is set for April.

Brave’s CEO Brendan Eich refused to reveal the terms of the deal.

“Adding a widget that seamlessly helps users acquire and trade crypto is a natural evolution of our features,” Eich said. He stated that the “crypto-savvy” users have been “clamoring” for a trade function to go along with Brave’s existing Ethereum wallet.

Brave is working on mobile wallets and plans to bring it to other blockchains, he stated.

Brave has been courting the crypto community for much of its existence as a privacy-centric alternative to other, more popular browser services. In 2017, it conducted a $35 million ICO for its ERC-20 “Basic Attention Tokens” now used for the Brave Rewards given for viewing ads.

The addition of a trading tool puts Brave more squarely in the race with other crypto-focused browsers, such as Opera, which holds over 2% market share, according to statcounter (Brave’s privacy functions make it difficult to define its share).

Opera recently expanded its integrated crypto purchase features.