How to Stake Oraichain (ORAI): A Step-by-Step Guide for German Investors

Introduction

Staking Oraichain can be an excellent choice for those looking to hold ORAI while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That's why we've created this guide to assist you.

Step-by-Step Anleitung

1. Acquire Oraichain (ORAI) Tokens

To stake Oraichain, you first need to acquire it. To obtain Oraichain, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.

Plattform	Kryptowährung	Price
Uphold	Oraichain (ORAI)	2,97 APY
Bake	Oraichain (ORAI)	0,74 APY
Bitget	Oraichain (ORAI)	0,74 APY
Bitpanda	Oraichain (ORAI)	10,03 APY
CoinEx	Oraichain (ORAI)	0,74 APY
Crypto.com	Oraichain (ORAI)	0,73 APY

View all 17 prices

2. Select a Oraichain Wallet
Once you have ORAI, you'll need to select a Oraichain wallet to securely store your tokens. Here are some solid options to consider.
Plattform Kryptowährung Staking rewards
Kucoin Oraichain (ORAI) Up to 13 % APY
MyCointainer Oraichain (ORAI) Up to 19,13 % APY
3. Delegate Your ORAI
We recommend using a staking pool when staking ORAI. It's simpler and faster to get started. A staking pool is a collective of validators who pool their ORAI, which increases their chances of validating transactions and earning rewards. You can manage 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's confirmed, you will automatically validate transactions on the Oraichain network. For these validations, you will be rewarded with ORAI.

Plattform	Kryptowährung	Staking rewards
Kucoin	Oraichain (ORAI)	Up to 13 % APY
MyCointainer	Oraichain (ORAI)	Up to 19,13 % APY

What to Consider

There are transaction and staking pool fees you need to consider. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, and this process can take some time.