Where and how to stake Dogecoin (DOGE)

Introduction

Staking Dogecoin can be a great option for those who wish to hold DOGE while earning yield in a safe manner and contributing to the network. The steps can be somewhat daunting, especially the first time you do them. That’s why we have put together this guide for you.

Step-by-Step Guide

1. 1. Acquire Dogecoin (DOGE) Tokens

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

   Platform	Coin	Price
   Nexo	Dogecoin (DOGE)	0.36
   Bitpanda	Dogecoin (DOGE)	0.38
   Uphold	Dogecoin (DOGE)	0.40
   EarnPark	Dogecoin (DOGE)	0.38
   Klink	Dogecoin (DOGE)	0.38
   PrimeXBT	Dogecoin (DOGE)	0.38

   See all 28 prices

2. 2. Select a Dogecoin Wallet

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

   Platform	Coin	Staking rewards
   Bitmart	Dogecoin (DOGE)	Up to 0.50 APY

3. 3. Delegate Your DOGE

   We suggest using a staking pool for staking DOGE. It's easier and quicker to get started. A staking pool is a collection of validators who combine their DOGE, which increases their odds of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   You'll have to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Dogecoin network. You'll be rewarded with DOGE for these validations.

What to Keep in Mind

You need to keep in mind the transaction and staking pool fees. Additionally, there might be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this can take a while.