How to Lend Basic Attention (BAT) in Vietnam

Introduction

Lending Basic Attention is an excellent choice for those looking to hold BAT while earning yield. The process may seem intimidating at first, which is why we've created this guide to help you navigate it.

Comprehensive Guide

1. 1. Acquire Basic Attention (BAT) Tokens

   To lend Basic Attention, you must first own it. To acquire Basic Attention, you will need to buy it. You can select from these well-known 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

   View all 49 prices

2. 2. Select a Basic Attention Lender

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

   Platform	Coin	Interest rate
   YouHodler	Basic Attention (BAT)	Earn up to 12% APY
   Gemini	Basic Attention (BAT)	Earn up to 0.01% APY

   View all 6 loan rates

3. 3. Lend Your Basic Attention

   After selecting a platform to lend your Basic Attention, transfer your Basic Attention into your wallet on that platform. Once deposited, it will begin to earn interest. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Grow Your Savings

   Now all you need to do is relax while your crypto accumulates interest. The more you deposit, the greater your potential earnings. Ensure that your lending platform offers compounding interest to maximize your returns.

Things to Consider

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing. Only lend what you can afford to lose. Review their lending practices, read user reviews, and understand how they secure your cryptocurrency.