How to Stake Dogecoin (DOGE): A Comprehensive Guide for 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. 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) 0.12
PrimeXBT Dogecoin (DOGE) 0.12
EarnPark Dogecoin (DOGE) 0.12
YouHodler Dogecoin (DOGE) 0.12
Binance Dogecoin (DOGE) 0.12
BTSE Dogecoin (DOGE) 0.12
View all 67 prices
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. 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. 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.

Platform	Coin	Price
Nexo	Dogecoin (DOGE)	0.12
PrimeXBT	Dogecoin (DOGE)	0.12
EarnPark	Dogecoin (DOGE)	0.12
YouHodler	Dogecoin (DOGE)	0.12
Binance	Dogecoin (DOGE)	0.12
BTSE	Dogecoin (DOGE)	0.12

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