How to Lend Basic Attention (BAT) in India

Introduction

Lending Basic Attention can be an excellent choice for those looking to hold BAT while earning returns. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this comprehensive guide tailored for you.

Step-by-Step Guide for Indian Investors

1. 1. Acquire Basic Attention (BAT) Tokens in India

   To lend Basic Attention, you first need to possess it. To acquire Basic Attention, you'll have to buy it. You can select from these popular Indian exchanges.

   Platform	Coin	Cost
   Nexo	Basic Attention (BAT)	0.22
   YouHodler	Basic Attention (BAT)	0.22
   Binance	Basic Attention (BAT)	0.22
   BTSE	Basic Attention (BAT)	0.22
   OKX	Basic Attention (BAT)	0.15
   Uphold	Basic Attention (BAT)	0.14

   See all 49 rates

2. 2. Choose a Basic Attention Lender in India

   Once you have BAT, you'll need to select an Indian cryptocurrency lending platform to lend your tokens. You can explore some options here.

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

   View all 6 lending rates in India

3. 3. Lend Your Basic Attention in India

   Once you've selected a platform to lend your Basic Attention, transfer your Basic Attention into your wallet on the lending platform. After the deposit is made, it will begin to earn APY. Some platforms offer interest payouts daily, while others may do so weekly or monthly.

4. 4. Earn Interest in India

   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 interest to maximise your earnings.

What to Keep in Mind

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto assets. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.