Introduction
Lending Basic Attention 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 Guide
1. Get Basic Attention (BAT) Tokens
To lend Basic Attention, you need to have it. To get Basic Attention, you'll need to buy it. You can choose from these popular exchanges.
See all 49 pricesPlatform Loonies Price Nexo Basic Attention (BAT) 0.14 Uphold Basic Attention (BAT) 0.14 YouHodler Basic Attention (BAT) 0.14 OKX Basic Attention (BAT) 0.15 Binance Basic Attention (BAT) 0.14 BTSE Basic Attention (BAT) 0.14 2. Choose a Basic Attention Lender
Once you have BAT, you’ll need to choose a Basic Attention lending platform to lend your tokens. You can see some options here.
See all 6 lending ratesPlatform Loonies Interest rate YouHodler Basic Attention (BAT) Up to 12 annual percentage yield Kucoin Basic Attention (BAT) Up to 0.5 annual percentage yield 3. Lend Your Basic Attention
Once you’ve chosen a platform for lending your Basic Attention, transfer your Basic Attention into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others pay 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 maximize your returns.
What to be Aware of
Loaning 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 out their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
Basic Attention (BAT) is currently priced at US$12 with a 24-hour trading volume of US$35.45M. The market cap of Basic Attention is currently at US$360.28M, with 1.5B BAT in circulation. For those interested in buying or trading Basic Attention, YouHodler offers ways to do so securely and efficiently
- Market capitalization
- US$360.28M
- 24h volume
- US$35.45M
- Circulating supply
- 1.5B BAT