Introduction
Lending Basic Attention Token can be a great option for those who want to hold BAT but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-step
- 1
Obtain Basic Attention Token (BAT) tokens
In order to lend Basic Attention Token, you need to have it. To obtain Basic Attention Token, you’ll need to purchase it. You can choose from these popular exchanges.
- 2
Choose a Basic Attention Token lender
Once you have BAT, you’ll need to choose a Basic Attention Token lending platform to lend your tokens. You can see some options here.
- 3
Lend your Basic Attention Token
Once you’ve chosen a platform to lending your Basic Attention Token, transfer your Basic Attention Token into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
- 4
Earn interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.
What to be aware of
Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest movements
Basic Attention Token (BAT) is currently priced at $0.257, with a 24-hour trading volume of $18.82M. In the last 24 hours, Basic Attention Token has experienced a decrease to -0.7. The market cap of Basic Attention Token stands at $387.72M, with 1.49B in circulation. For those looking to buy or trade Basic Attention Token, reputable platforms like Binance, Coinbase, BTSE, Kraken, YouHodler and Nexo offer avenues to do so securely and efficiently.
- Market cap
- $387.72M
- Volume
- $18.82M
- Circulating supply
- $1.49B
