How to Stake Bitcoin Cash (BCH) in the UK

Introduction

Staking Bitcoin Cash can be an excellent option for those who wish to hold BCH 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. 1. Obtain Bitcoin Cash (BCH) Tokens

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

   Platform	Coin	Price
   Nexo	Bitcoin Cash (BCH)	653.1
   PrimeXBT	Bitcoin Cash (BCH)	650.61
   EarnPark	Bitcoin Cash (BCH)	648.56
   YouHodler	Bitcoin Cash (BCH)	651.18
   Binance	Bitcoin Cash (BCH)	651.9
   OKX	Bitcoin Cash (BCH)	645

   View all 57 prices

2. 2. Choose a Bitcoin Cash Wallet

   Once you have BCH, you'll need to choose a Bitcoin Cash wallet to store your tokens. Here are some suitable options.

   Platform	Coin	Staking rewards
   YouHodler	Bitcoin Cash (BCH)	Up to 9% AER

3. 3. Delegate Your BCH

   We recommend using a staking pool when staking BCH. It's simpler and quicker to get started. A staking pool is a group of validators who combine their BCH, which increases their chances of validating transactions and earning rewards. You can do 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 is confirmed, you will automatically validate transactions on the Bitcoin Cash network. You will be rewarded with BCH for these validations.

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.