How to Lend Basic Attention (BAT) in the cryptocurrency market

Introduction

Lending Basic Attention can be an excellent choice for individuals looking to hold BAT while earning an attractive APY. The process may seem a bit overwhelming, particularly for first-time users. To simplify this experience, we have created this comprehensive guide tailored for you.

Step-by-Step Guide

1. 1. Acquire Basic Attention (BAT) Tokens

   To lend Basic Attention, you must first possess it. To acquire Basic Attention, you will need to buy it. You can select from these well-known exchanges that are popular in the Chinese market.

   平台	Coin	Price
   Nexo	Basic Attention (BAT)	0.16 APY
   YouHodler	Basic Attention (BAT)	0.16 APY
   Uphold	Basic Attention (BAT)	0.14 APY
   OKX	Basic Attention (BAT)	0.15 APY
   Binance	Basic Attention (BAT)	0.16 APY
   BTSE	Basic Attention (BAT)	0.16 APY

   View all 49 prices

2. 2. Select a Basic Attention lending platform

   Once you have BAT, you'll need to select a Basic Attention lending platform to lend your tokens. You can explore several options available in the market here.

   平台	Coin	APY
   YouHodler	Basic Attention (BAT)	Up to 12% APY
   Gemini	Basic Attention (BAT)	Up to 0.01% APY

   View all 6 loan interest rates

3. 3. Lend Your Basic Attention for attractive APY returns

   After selecting a platform to lend your Basic Attention, transfer your Basic Attention into your wallet on the lending platform. Once the deposit is completed, it will begin to accrue APY. Some platforms offer daily interest payouts, while others may provide interest on a weekly or monthly basis.

4. 4. Earn APY on Your Assets

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential returns. Ensure that your lending platform offers compounding APY to maximize your earnings.

What to Consider in the Chinese Market

Lending your cryptocurrency can involve significant risks