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

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

   Platform	Coin	Price
   Nexo	Basic Attention (BAT)	0.27
   Bitpanda	Basic Attention (BAT)	0.27
   Uphold	Basic Attention (BAT)	0.19
   Kraken	Basic Attention (BAT)	0.19
   OKX	Basic Attention (BAT)	0.27
   YouHodler	Basic Attention (BAT)	0.27

   See all 22 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 APY
   Kucoin	Basic Attention (BAT)	Up to 0.5 APY

   See all 4 lending rates

3. 3. Lend Your Basic Attention

   Once you’ve chosen a platform to lending your Basic Attention, transfer your Basic Attention into your wallet in 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 while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Make sure 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.