You could borrow against your Basic Attention Token tokens at rates as low as 20% APR. Open an account and transfer your BAT tokens to the platform. Then use the value of those tokens as collateral for an instant loan. Normally no credit checks are required as the platform can use your Basic Attention Token tokens to pay off the loan if necessary. The loan itself can be in a different currency to Basic Attention Token. USDT and USDC are popular loan currencies.
You could use your other crypto assets such as Bitcoin as collateral for a Basic Attention Token loan. You could borrow Basic Attention Token at rates as low as 11.7% APY. Open an account, transfer your collateral currency to the platform and then apply for a BAT loan. If you need some BAT tokens but don't want to sell your collateral tokens then this can be a useful option.
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