Brave, the privacy-focused web browser, has introduced a new feature that allows users to sell cryptocurrency for fiat without leaving the integrated Brave Wallet. The desktop browser feature is powered by Ramp Network, a crypto on-ramp startup, and aims to make self-custody of cryptocurrency easier, particularly after recent mishandling of customer funds by centralized exchanges. This feature provides users with an easier way to manage their assets, reducing the reliance on extra CPU and memory.
Key Highlights
- Brave Browser now allows users to sell crypto for fiat without leaving the integrated Brave Wallet
- The feature is powered by Ramp Network and supports over 38 currencies
With self-custody growing in popularity, Brave's feature provides a more secure way to manage crypto assets - Brave's Web3 Information Hub and privacy-focused web browsing tools make it a valuable tool for navigating the world of crypto
- Experience the benefits of secure self-custody of your digital assets with Brave Browser's new feature
Steps to sell crypto in Brave Wallet
- Open the expanded Brave Wallet screen in Brave. This can be done either by clicking the wallet icon in the top right of your browser, or by visiting brave://wallet in the URL bar.
- From the main portfolio page, click the asset you want to sell.
- If the asset is available to off-ramp, you'll see a Sell button among the list of accounts that hold that asset.
- Click Sell and enter the amount you wish to off-ramp.
- Click Sell with Ramp once you're ready, and proceed to Ramp's site to complete the process.
In May 2022, Brave partnered with Ramp to enable Brave Wallet users to buy crypto with fiat currency. The new release of Brave desktop browser v1.49 expands this partnership, now allowing users to sell crypto for fiat as well. With Ramp's off-ramp available for over 38 currencies, including Ethereum, Solana, USDC, and BAT, users can move in and out of crypto entirely through their self-custody wallet. Self-custody has grown in popularity over the past decade, but the most common way to hold digital currency and tokens remains with centralized exchanges. The collapse of prominent cryptocurrency firms like Celsius and FTX has heightened concerns around the security of customer funds held by centralized exchanges. To address these concerns, Brave's new feature aims to make crypto self-custody easier for users.
The Brave Wallet is browser-native, enabling users to store, manage, grow, and swap their crypto portfolio across multiple blockchains from a single wallet.
Users can transact with thousands of crypto assets with superior safety and performance and connect with other wallets and Web3 DApps. Brave has a Web3 Information Hub with simple guides and overviews to answer all your questions about Web3. Brave browser blocks online advertisements and website trackers by default, making it a popular privacy-focused web browsing tool. In 2017, Brave added the Basic Attention Token, which rewards users for allowing the browser to show advertisements while they surf the web.
Furthermore, the Solana blockchain is now supported on Brave's desktop and mobile browsers. Last month, Brave added support for decentralized applications (dapps) using the Solana blockchain on its iOS and Android mobile browsers, allowing users to connect to platforms like the Solana-centric NFT marketplace, Magic Eden. Brave mobile browser users can now connect with Solana NFT marketplaces Magic Eden and cryptocurrency exchanges Orca and Jupiter Exchange.
Brave's new feature expands on their partnership with Ramp Network, making it easier for users to manage their crypto assets with self-custody. With the increasing popularity of self-custody, Brave's feature provides users with a more secure way to move in and out of crypto without relying on centralized exchanges. Brave's Web3 Information Hub and privacy-focused web browsing tools make it a valuable tool for those looking to navigate the world of crypto. Try Brave browser today and experience the benefits of secure self-custody of your digital assets.