Where and How to Lend Basic Attention (BAT)

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. 1. Obtain Basic Attention (BAT) Tokens

   To lend Basic Attention, you need to have it. To acquire Basic Attention, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	Basic Attention (BAT)	0.13
   Uphold	Basic Attention (BAT)	0.13
   YouHodler	Basic Attention (BAT)	0.13
   OKX	Basic Attention (BAT)	0.15
   Binance	Basic Attention (BAT)	0.13
   BTSE	Basic Attention (BAT)	0.13

   See all 49 prices

2. 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.

   Platform	Coin	Interest rate
   YouHodler	Basic Attention (BAT)	Up to 12 AER
   Kucoin	Basic Attention (BAT)	Up to 0.5 AER

   See all 6 lending rates

3. 3. Lend Your Basic Attention

   Once you’ve chosen a platform to lend 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 are weekly, or monthly.

4. 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 ensure your lending platform pays compound interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Ensure 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.