How to Stake Bitcoin Cash (BCH)

Introduction

Staking Bitcoin Cash can be an excellent choice for those looking to hold BCH while earning APY in a secure manner and supporting the network. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for Italian Investors

1. 1. Acquire Bitcoin Cash (BCH) Tokens

   To stake Bitcoin Cash, you must first acquire it. To obtain Bitcoin Cash, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   Nexo	Bitcoin Cash (BCH)	598,05 APY
   PrimeXBT	Bitcoin Cash (BCH)	595,84 APY
   EarnPark	Bitcoin Cash (BCH)	590,96 APY
   YouHodler	Bitcoin Cash (BCH)	596,68 APY
   Binance	Bitcoin Cash (BCH)	596,9 APY
   OKX	Bitcoin Cash (BCH)	593,3 APY

   Check out all 57 prices

2. 2. Select a Bitcoin Cash Wallet

   Once you have BCH, you'll need to select a Bitcoin Cash wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.

   Piattaforma	Criptovaluta	Staking rewards
   YouHodler	Bitcoin Cash (BCH)	Up to 9% APY

3. 3. Delegate Your BCH

   We recommend using a staking pool when staking BCH. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their BCH, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Begin the Validation Process

   You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Bitcoin Cash network. For these validations, you'll receive rewards in BCH.

What to Consider in Italy

When engaging in staking, it's important to factor in the transaction and staking pool fees. Additionally, you may encounter a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time.