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. Acquire Basic Attention (BAT) Tokens
To lend Basic Attention, you need to possess it. To acquire Basic Attention, you’ll need to buy it. You can select from these popular exchanges.
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 Coin Interest rate YouHodler Basic Attention (BAT) Up to 12% AER Kucoin Basic Attention (BAT) Up to 0.5% AER 3. Earn Basic Attention
Once you've selected a platform to earn your Basic Attention, transfer your Basic Attention into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is sit back whilst your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your earning 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 (BAT) is currently priced at US$0.01 with a 24-hour trading volume of US$35.45M. The market cap of Basic Attention stands at US$360.28M, with 1.5B BAT in circulation. For those looking to purchase or trade Basic Attention, YouHodler offers avenues to do so securely and efficiently}
- Market capitalisation
- US$360.28M
- 24-hour volume
- US$35.45M
- Circulating supply
- 1.5B BAT