The privacy-focused web browser Brave has announced a new feature that allows users to not only buy cryptocurrencies, but also sell them for fiat - including US dollars, euros, and British pounds - without leaving the integrated Brave Wallet.

Cryptocurrency storage services are developing rapidly, and the browser closely associated with the BAT token aims to facilitate the storage process with a new feature supported by the startup Ramp Network.

The creators announced the latest update via their social media profile on Twitter.

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"Centralized exchanges mishandled customer funds. That's why offering a secure and easy-to-manage wallet to handle your assets is more important than ever."

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https://preview.redd.it/a6ok4moxijna1.png?592&format=png&auto=webp&s=043f2f8c922fd563cef9165f5ec066605416678d

https://twitter.com/brave/status/1634239435423268878?s=20

Brave is an open-source internet browser with a built-in cryptographic wallet. Unlike other internet browsers, it blocks ads and tracking modules by default. The official wallet for the browser associated with the BAT token was originally a fork of MetaMask. However, as the project progressed, the development team decided that a higher level of security and privacy could only be achieved through an integrated cryptographic wallet built into the browser.

The latest update to Brave enables crypto-to-fiat conversion

According to the creators of the internet browser, users in some countries can now sell 38 cryptocurrencies by exchanging them directly for fiat. The list of cryptocurrencies includes Ethereum, Solana, and the project's native token, BAT.

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"While self-service has gained popularity over the last decade, centralized exchanges remain the most common way to store digital currencies and tokens. We expect changes to come through user experience innovations like the one we are announcing today."

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Last month, Brave added support for decentralized applications (dApps) using the Solana blockchain to mobile browsers on iOS and Android. This gave users the ability to connect to platforms like Magic Eden, Orca, and Jupiter.