Privacy-focused browser Brave Software is hoping to facilitate in-browser cryptocurrency trading, though it’s not quite ready yet.
Brave announced Tuesday it was partnering with Binance to develop an in-browser crypto trading tool that will ultimately let users deposit, swap, purchase and trade crypto right from Brave Browser’s launch and new tab windows. There, a natively-integrated crypto widget executes actions via Binance and Binance.US, depending on the user’s country.
Most of those features are not functional at launch, CoinDesk found. The widget is only accessible on Brave’s “Nightly” developer-stage browser, and as of Wednesday afternoon it is limited to booting up purchase orders through the Binance Fiat Gateway. Brave said a wider release is expected in April.
Brave’s CEO Brendan Eich declined to disclose the terms of the deal.
“Adding a widget that seamlessly helps users acquire and trade crypto is a natural evolution of our features,” Eich told CoinDesk. He said the “crypto-savvy” user base has been “clamoring” for a trade function to go along with Brave’s existing ethereum wallet.
Brave is working on mobile wallets and plans to expand it to other blockchains, he said.
The addition of a trading tool puts Brave more squarely in the race with other crypto-focused browsers, like Opera, which holds over 2 percent market share according to statcounter (Brave’s privacy functions make it difficult to measure its slice of the pie).
Opera recently expanded its integrated crypto purchase functions.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.