How to Lend Basic Attention (BAT)

Introduction

Lending Basic Attention can be an excellent choice for those looking to hold BAT while generating a return. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to help you navigate through it.

Step-by-Step Guide for Italian Investors

1. 1. Acquire Basic Attention (BAT) Tokens

   To lend Basic Attention, you must first possess it. To acquire Basic Attention, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   Nexo	Basic Attention (BAT)	0,15 APY
   YouHodler	Basic Attention (BAT)	0,15 APY
   Binance	Basic Attention (BAT)	0,15 APY
   BTSE	Basic Attention (BAT)	0,15 APY
   OKX	Basic Attention (BAT)	0,15 APY
   Uphold	Basic Attention (BAT)	0,14 APY

   Check out all 49 prices

2. 2. Select a Basic Attention Lender in Italy

   Once you have BAT, you'll need to select a Basic Attention lending platform to lend your tokens. You can explore some options here.

   Piattaforma	Criptovaluta	APY
   YouHodler	Basic Attention (BAT)	Up to 12% APY
   Gemini	Basic Attention (BAT)	Up to 0,01% APY

   Discover all 6 lending APY rates

3. 3. Lend Your Basic Attention in Italy

   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 accrue interest. Some platforms offer interest payments daily, while others do so weekly or monthly.

4. 4. Earn Interest

   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 maximize your earnings.

What to Consider in Italy

Lending your cryptocurrency can involve significant risks