Earn up to
7% AER
A comprehensive guide on how to stake Cardano (ADA) in the UK
We have extensive data on staking Cardano (ADA) and we are pleased to share some of this with you.
We present you with various staking options featuring other cryptocurrencies that may capture your interest.
Cardano (ADA) is currently priced at US$1.8 with a 24-hour trading volume of US$1.27B. The market cap of Cardano stands at US$32.98B, with 35.86B ADA in circulation. For those looking to buy or trade Cardano, YouHodler offers avenues to do so securely and efficiently}
Staking Cardano can be an excellent option for those who wish to hold ADA 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.
To stake Cardano, you need to possess it. To obtain Cardano, you'll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | Price |
|---|---|---|
| Nexo | Cardano (ADA) | 0.39 |
| PrimeXBT | Cardano (ADA) | 0.39 |
| YouHodler | Cardano (ADA) | 0.39 |
| Binance | Cardano (ADA) | 0.39 |
| BTSE | Cardano (ADA) | 0.39 |
| Coinbase | Cardano (ADA) | 0.39 |
Once you have ADA, you'll need to choose a Cardano wallet to store your tokens. Here are some suitable options.
| Platform | Coin | Staking rewards |
|---|---|---|
| YouHodler | Cardano (ADA) | Up to 7% AER |
| Uphold | Cardano (ADA) | Up to 1.48% AER |
| Atomic Wallet | Cardano (ADA) | Up to 5% AER |
| Bake | Cardano (ADA) | Up to 2.5% AER |
| Binance | Cardano (ADA) | Up to 2.1% AER |
We recommend using a staking pool when staking ADA. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ADA, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Cardano network. You will be rewarded with ADA for these validations.
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.
ADA
BCH
BNB
BTC
DOGE
ETH
FIGR_HELOC
LINK
SOL
STETH
TRX
USDC
USDS
