Where and How to Lend Basic Attention (BAT)

Introduction

Lending Basic Attention can be a great option for those who wish to hold BAT but earn interest. The steps can be a bit intimidating, especially the first time you attempt them. That's why we have compiled this guide for you.

Step-by-Step Guide

1. 1. Acquire Basic Attention (BAT) Tokens

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

   Platform	Coin	Price
   Nexo	Basic Attention (BAT)	0.19
   Bitpanda	Basic Attention (BAT)	0.22
   Uphold	Basic Attention (BAT)	0.19
   Kraken	Basic Attention (BAT)	0.19
   OKX	Basic Attention (BAT)	0.22
   YouHodler	Basic Attention (BAT)	0.22

   See all 22 prices

2. 2. Select 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 12.00 APY
   Kucoin	Basic Attention (BAT)	Up to 0.50 APY

   See all 4 lending rates

3. 3. Lend Your Basic Attention

   After you have selected a platform for lending your Basic Attention, transfer your Basic Attention into your wallet on the lending platform. Once it is deposited, it will begin earning interest. Some platforms pay interest on a daily basis, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you have to do is relax while your crypto earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform pays compounding interest to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky. Ensure that you do your research before depositing your crypto. Don’t lend more than you’re prepared to lose. Verify their lending practices, reviews, and how they secure your cryptocurrency.