Introduction

Staking Bitcoin Cash can be a great option for those who want to hold BCH but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Obtain Bitcoin Cash (BCH) Tokens

   In order to stake Bitcoin Cash, you need to have it. To obtain Bitcoin Cash, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	Bitcoin Cash (BCH)	343.61
   Bitpanda	Bitcoin Cash (BCH)	356.02
   Uphold	Bitcoin Cash (BCH)	340.92
   Wirex	Bitcoin Cash (BCH)	343.29
   EarnPark	Bitcoin Cash (BCH)	341.50
   Kraken	Bitcoin Cash (BCH)	349.75

   See all 19 prices

2. 2. Choose a Bitcoin Cash Wallet

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

3. 3. Delegate Your BCH

   We recommend using a staking pool when staking BCH. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their BCH, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   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. You’ll be rewarded with BCH for these validations.

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.