Except you're among the top 1% of Publish0x, chances are you don't earn up to 70BAT a week. Every week. Consistently.
But I know we all have that dream of getting to 1000BAT, and eventually much, much higher. So how can we go about increasing our BAT stash?
I'd separate this post into the risky ways, and the less risky ways. Let's go!
Less risky ways
These are the ways that require very low to no risk. You can be rest assured that you won't lose any money using these methods, although they are slower than the other riskier methods I'd be giving later on in this post.
The first low risk method is Binance Savings.
When you sign up for a Binance account, or you already have one, you can go to your wallet, look at the coins and choose the ones you want to save. You'd know if they're eligible to save because you'd see a "savings" button in front of their option.
This Binance savings allows you to earn a fixed interest by keeping your assets locked up for a while. They then lend this asset to people who need them, and give you a little of their interest.
They recently added BAT as an option to save, so that's great. The APR is 1%, which looks small at first but if you save your principal with your interest , it can magnify in a few months.
The second low risk method is Compound. Compound is a dApp you can find in the Trust wallet.
It's a DeFi application that allows you to earn interest on savings in cryptocurrency, just like with Binance savings. The only difference is that Compound offers a higher 2.2% APR on BAT, which is great. You can use whichever one you choose, just remember to invest the profits along with the principal once you get them!
Now on to the high risk methods. They are:
-Trading: My personal favourite. I live off my trading,and it's great. You can actually save up your BAT withdrawals to get to 20 or 30 BAT, while learning how to trade. Then once you've gotten enough knowledge on trading, you can proceed to transfer your BAT to Binance to get the best trading platform available.
The thing about trading is that you can do it multiple times a day. Based on your strategy, you can move an account balance of 40BAT to over 2000 in a mere 6 months.
On the flip side, you can also lose all your BAY tokens in a mere click of a button, which is why I advise that you learn how to trade very well before jumping to live trading.
Lastly is gambling. This is a very risky endeavour, but should it pay out,the rewards would be magnificent.
It's really simple to do and only requires luck. You hope that the software isn't rigged against you, you place your bets and if you win, your balance can be mooned to over 500x!
If you lose however, and you will very frequently, your balance will go to zero. So choose wisely.
Thanks for reading guys. Remember to stay safe and claim your free BTC here!