Introduction
Staking Oraichain can be a great choice for those who want to hold ORAI but earn yield in a secure way while contributing to the network. The steps can be a little overwhelming, especially the first time you go through them. That’s why we’ve put this guide together for you.
Step-by-step Guide
1. Get Oraichain (ORAI) Tokens
To stake Oraichain, you need to have it. To obtain Oraichain, you'll need to purchase it. You can choose from these popular exchanges.
See all 17 pricesPlatform Loonies Price Uphold Oraichain (ORAI) 2.18 Bitget Oraichain (ORAI) 2.18 MEXC Global Oraichain (ORAI) 2.18 Kucoin Oraichain (ORAI) 2.18 Gate.io Oraichain (ORAI) 2.18 CoinEx Oraichain (ORAI) 2.19 2. Select a Oraichain Wallet
Once you have ORAI, you’ll need to choose a Oraichain wallet to store your tokens. Here are some good options.
Platform Loonies Staking rewards Kucoin Oraichain (ORAI) Up to 13 annual percentage yield MyCointainer Oraichain (ORAI) Up to 19.13 annual percentage yield 3. Delegate Your ORAI
We recommend using a staking pool when staking ORAI. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ORAI, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
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 Oraichain network. You'll be rewarded with ORAI 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.
Latest Movements
Oraichain (ORAI) is currently priced at US$19.13 with a 24-hour trading volume of US$7.1M. The market cap of Oraichain is currently at US$182.75M, with 16.87M ORAI in circulation. For those interested in buying or trading Oraichain, Kucoin offers ways to do so securely and efficiently
- Market capitalization
- US$182.75M
- 24h volume
- US$7.1M
- Circulating supply
- 16.87M ORAI