Earn up to
12% AER
An in-depth guide on how to lend Basic Attention (BAT) in the UK
We have extensive data on lending Basic Attention (BAT) and we are pleased to share some of this with you.
We present you with various lending options featuring other cryptocurrencies that may pique your interest.
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 stands at US$360.28M, with 1.5B BAT in circulation. For those looking to buy or trade Basic Attention, YouHodler offers avenues to do so securely and efficiently
Lending Basic Attention can be an excellent option for those who wish to hold BAT while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.
To lend Basic Attention, you need to possess it. To obtain Basic Attention, you'll need to purchase it. You can choose from these popular exchanges in the UK.
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 | AER |
|---|---|---|
| YouHodler | Basic Attention (BAT) | Up to 12% AER |
| Gemini | Basic Attention (BAT) | Up to 0.01% AER |
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 AER. Some platforms pay interest daily, while others do so weekly or monthly.
Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compounding interest to maximise your returns.
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Do not lend more than you are prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
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