How to Stake Shiba Inu (SHIB): A Comprehensive Guide for the UK

Introduction

Staking Shiba Inu can be an excellent option for those who wish to hold SHIB while earning AER in a secure manner and contributing to the network. The process may seem a bit overwhelming, particularly the first time you undertake it. That's why we've compiled this guide for you.

Step-by-Step Guide

1. Obtain Shiba Inu (SHIB) Tokens

To stake Shiba Inu, you need to possess it. To obtain Shiba Inu, you'll need to purchase it. You can choose from these popular exchanges.

Platform	Coin	Price
YouHodler	Shiba Inu (SHIB)	0.000007314
Binance	Shiba Inu (SHIB)	0.00000733
BTSE	Shiba Inu (SHIB)	0.00000731
OKX	Shiba Inu (SHIB)	0.00001234
Uphold	Shiba Inu (SHIB)	0.00001307
Bake	Shiba Inu (SHIB)	0.0000073

View all 42 prices

2. Choose a Shiba Inu Wallet
Once you have SHIB, you'll need to choose a Shiba Inu wallet to store your tokens. Here are some suitable options.
Platform Coin Staking rewards
YouHodler Shiba Inu (SHIB) Up to 15% AER
3. Delegate Your SHIB
We recommend using a staking pool when staking SHIB. It's simpler and quicker to get started. A staking pool is a group of validators who combine their SHIB, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
4. Start Validating
You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the Shiba Inu network. You will be rewarded with SHIB for these validations.

Platform	Coin	Staking rewards
YouHodler	Shiba Inu (SHIB)	Up to 15% AER

What to Be Aware Of

There are transaction and staking pool fees you need to consider. There may also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.