How to Stake Bitcoin Cash (BCH)

Introduction

Staking Bitcoin Cash can be an excellent choice for those looking to hold BCH while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That's why we've created this guide to assist you.

Step-by-Step Anleitung

1. 1. Acquire Bitcoin Cash (BCH) Tokens

   To stake Bitcoin Cash, you first need to acquire it. To obtain Bitcoin Cash, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.

   Plattform	Kryptowährung	Price
   Nexo	Bitcoin Cash (BCH)	596,63 APY
   PrimeXBT	Bitcoin Cash (BCH)	594,4 APY
   EarnPark	Bitcoin Cash (BCH)	590,96 APY
   YouHodler	Bitcoin Cash (BCH)	595,18 APY
   Binance	Bitcoin Cash (BCH)	595,4 APY
   OKX	Bitcoin Cash (BCH)	593,3 APY

   View all 57 prices

2. 2. Select a Bitcoin Cash Wallet

   Once you have BCH, you'll need to select a Bitcoin Cash wallet to securely store your tokens. Here are some solid options to consider.

   Plattform	Kryptowährung	Staking rewards
   YouHodler	Bitcoin Cash (BCH)	Up to 9 % APY

3. 3. Delegate Your BCH

   We recommend using a staking pool when staking BCH. It's simpler and faster to get started. A staking pool is a collective of validators who pool their BCH, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Start Validating

   You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the Bitcoin Cash network. For these validations, you will be rewarded with BCH.

What to Consider

There are transaction and staking pool fees you need to consider. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, and this process can take some time.