How to Earn Basic Attention (BAT): A Step-by-Step Guide for South Africans

Introduction

Lending Basic Attention can be an excellent choice for those looking to hold BAT while earning a return. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for South African Investors

1. Acquire Basic Attention (BAT) Tokens
To lend Basic Attention, you first need to possess it. To acquire Basic Attention, you'll need to buy it. You can select from these well-known exchanges.
Platform Mint Cost
Nexo Basic Attention (BAT) 0,2
YouHodler Basic Attention (BAT) 0,2
Binance Basic Attention (BAT) 0,2
BTSE Basic Attention (BAT) 0,2
OKX Basic Attention (BAT) 0,15
Uphold Basic Attention (BAT) 0,14
View all 49 prices
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 explore some options here.
Platform Mint APY
YouHodler Basic Attention (BAT) Up to 12% APY
Gemini Basic Attention (BAT) Up to 0,01% APY
View all 6 lending APYs
3. Earn Basic Attention
Once you've selected a platform to earn your Basic Attention, transfer your Basic Attention into your wallet on the earning platform. Once it's deposited, it will start earning APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest in South Africa
Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more interest you can earn. Try to ensure your earning platform pays compounding interest to maximise your returns.

Platform	Mint	Cost
Nexo	Basic Attention (BAT)	0,2
YouHodler	Basic Attention (BAT)	0,2
Binance	Basic Attention (BAT)	0,2
BTSE	Basic Attention (BAT)	0,2
OKX	Basic Attention (BAT)	0,15
Uphold	Basic Attention (BAT)	0,14

Platform	Mint	APY
YouHodler	Basic Attention (BAT)	Up to 12% APY
Gemini	Basic Attention (BAT)	Up to 0,01% APY

What to Keep in Mind

Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.