How To Turn Your Attention Into Consistent Profits With BAT Token

in LeoFinance2 months ago

I've been using Brave Browser for well over a year now on both my laptop and smartphone, and it's really changed the way I browse the internet. First of all, it's made things so much faster, blocking all the scripting, tracking and ad code that loads on modern web pages these days has made it a dream to browse online.

Over and above the improved browsing experience, I also earn BAT tokens each time I am pinged to view an add in the browser. Each ad notification pays you a variable amount, and since I've been using Brave I've earned around 195 BAT tokens (which according to @coingecko data BAT worth $0.21286) making my earnings at the current value $41.50

That's not too bad for doing what I do every day now is it, looking at memes, checking the latest football news, googling random things, checking the Bitcoin price and earning some free internet money, you have to love it.

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Monthly earnings

Each month all your ad views are checked, and you're coins are deposited to an Uphold account which you need to register and set up separately. Once your tokens are in your Uphold you can either send them as BAT to a wallet of your choosing, uphold will cover the gas fees on the transfer in certain cases.

If you want you can also make an immediate trade (pay a transfer fee) and uphold will convert your BAT into another token like BTC.

While I could HODL these tokens in Uphold and wait for the price to pump, I thought I'd look at ways I could put this crypto to use, since I am ALWAYS looking for yield.

Earning passive interest for my attention

Since I already had an account with the Celsius Network, I decided to transfer my BAT To the App and collect a healthy 5.10% per year interest in my BAT tokens.

That means at the current value; it would net me an additional $2.12 as I get $0.18 per month. While this may not sound like a lot, it does sound a lot better than getting 0.

Additionally, each month I can top up my Celsius account with the new BAT I earn and keep increasing the return I get by having more BAT saved up with their service.

This means $2.12 is the floor as long as the interest rates don't change, and I can only earn more by adding more tokens.

Maximising your returns

Since I like BAT and prefer to earn in it, I do take a bit of a knock-on earnings. If you choose you to stake your BAT with Celsius and opt to earn your interest in CEL tokens (their native token), you'll receive an APY of 6.95%

That means at the current value; it would net me an additional $2.89 for the year for doing basically nothing.

Cel tokens are now trading at $1.29

Remember, the CEL you earn each month will also earn interest on that balance so; it could be worth setting up as the price and liquidity for CEL continues to improve.

Have your say

What do you good people of HIVE think?

So have at it my Jessies! If you don't have something to comment, comment "I am a Jessie."

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I think I need to figure out how it works a bit more!! Been using brave browser and enjoying the logo haha but have not quite figured out how the token part works...... yet. Oy yoy yoy!!! The struggle is real. GREAT post btw! Thanks :)

You may need to check your browser settings to see if ads are enabled and then try to set the frequency to the Max I think it’s 5 an hour, you will get them every now and again give it a click and let it pile up

At the end of the month the balance is then sent to uphold so you’ll need to create a wallet worth uphold too

I have the Brave Browser on my phone but I rarely use it. I never got to understand how earning BAT tokens works there.

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It doesn’t have much of a use case yet all you can do is tip it to others via Twitter, Reddit, YOuTube or brave vertifed websites

They have launched a brave shop where you can buy physical goods but I have not checked it out yet!

Maybe, I'll have to start using the browser then

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Glad i am jot the only one! Lol

Yeah...you are not alone

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I have heard many people complaining about BAT reward structure. I always brushed that aside until I realized that myself. First couple of months after you download your browser, you get your ads. But then it dries up in subsequent months. I had the similar experience. Now, I don't even earn 2$ worth BAT tokens in a month although Brave is my daily browser.
Having said that, i will use Brave even if its giving me nothing. It is snappy and quick.

Yeah the ads have dried up for me too since running ads is a super manual process! I did check into their roadmap and the plan is to have a marketplace where you can buy ads without the need to contact brave and pick the sites etc you want to advertise on but it looks a long way off

Still I’ll enjoy using the browser until they figure that out

Yeah. The roadmap is cool but I want them to at least spell it out to users. That way I don't have to mad at them for not showing me ads :P The browsing experience is super cool on Brave.

I have Brave on my phone and PC but I don't really earn that much, just checked my phone and have about 27 BAT but it's better than nothing!

I only use peakd really on my phone and don't really browse that much on other sites but I'll take it! If you're feeling green, you can download the ecosia extension as well and every 30 or so searches you do, they will plant a tree. So you can earn BAT crypto and help the environment at the same time!

Does Uphold cover the transaction fees if I have to move my BAT to Celsius? I am HODLing my BAT on Uphold unwilling to move it due to transaction fee.

It depends on the amount they’re not going to cover if you’re trying to send 2 BAT that’s less than the ETH fees so you have to make a bigger sum like say 30 BAT and for me uphold have covered the fee and since Celsius doesn’t take a fee to transfer in its great

Okay thanks