Hello, and welcome to another article. In this article, I'll be going over how to increase your BAT stash for free, and very easily. It's a really easy process, and one that involves little to no risk.
Let's get started!
Option 1: Learn to trade
Trading is one of the only legal ways to take the other guy's money, if you know what you're doing. Many may not know it, but trading is a method of transferring wealth and money from the impatient to the patient.
Trading BAT futures is the easiest thing you can learn to do. It's really simple to learn technical analysis and become a technical trader. Should you require this, I have created a full technical analysis course, which I distribute over on my Telegram group here. Join and message me @MadMaxx12 to get access to the course.
Once you learn how to trade futures, you'd be able to make your profits in BAT, there by increasing your stash without hassles!
2. Binance savings
If trading isn't your cup of tea, you can try out Binance savings. It's easy to use and pays you an interest based on how long you keep your BAT locked up.
You can choose to lock it up for 7 days or for 30 days, and receive a reward based on that. It's a really thoughtless process, and I enjoy saving my BAT here.
One of the ways to increase your stash quicker is to reinvest your interest into the capital, and save them both together. Since this isn't a risky strategy, you get a certified interest on your BAT either way.
3. Use Compound
Compound Finance is one of the pioneer DeFi platforms that is just starting to gain traction. They pay you an APR on whatever ERC 20 token you save with them, including DAI, BAT and USDC. The APR for the savings however fluctuates a lot, and with the current high fees on the Ethereum blockchain, it makes it even harder for one to send their BAT over without incurring a cost.
At the moment therefore, using Compound isn't the best strategy, but if you're ok with the fees and want the higher APR, you can still use this method.
I'll be coming out with a detailed guide on how to use these two methods, so please follow me to be the first to know when that drops.
Thanks for reading.