How to Stake Dogecoin (DOGE) in the UK

Introduction

Staking Dogecoin can be an excellent option for those who wish to hold DOGE 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 Dogecoin (DOGE) Tokens

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

   Platform	Coin	Price
   Nexo	Dogecoin (DOGE)	0.14
   PrimeXBT	Dogecoin (DOGE)	0.14
   EarnPark	Dogecoin (DOGE)	0.14
   YouHodler	Dogecoin (DOGE)	0.14
   Binance	Dogecoin (DOGE)	0.14
   BTSE	Dogecoin (DOGE)	0.14

   View all 67 prices

2. 2. Choose a Dogecoin Wallet

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

   Platform	Coin	Staking rewards
   YouHodler	Dogecoin (DOGE)	Up to 7% AER

   View all 5 staking rewards

3. 3. Delegate Your DOGE

   We recommend using a staking pool when staking DOGE. It's simpler and quicker to get started. A staking pool is a group of validators who combine their DOGE, 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 Dogecoin network. You will be rewarded with DOGE 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.