How to Stake Oraichain (ORAI) in the UK

Introduction

Staking Oraichain can be an excellent option for those who wish to hold ORAI while earning AER in a secure manner and contributing to the network. The process may seem a bit overwhelming, particularly the first time you undertake it. That's why we've compiled this guide for you.

Step-by-Step Guide

1. 1. Obtain Oraichain (ORAI) Tokens

   To stake Oraichain, you need to possess it. To obtain Oraichain, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Uphold	Oraichain (ORAI)	2.97
   Bake	Oraichain (ORAI)	0.74
   Bitget	Oraichain (ORAI)	0.74
   Bitpanda	Oraichain (ORAI)	10.03
   CoinEx	Oraichain (ORAI)	0.74
   Crypto.com	Oraichain (ORAI)	0.73

   View all 17 prices

2. 2. Choose a Oraichain Wallet

   Once you have ORAI, you'll need to choose a Oraichain wallet to store your tokens. Here are some suitable options.

   Platform	Coin	Staking rewards
   Kucoin	Oraichain (ORAI)	Up to 13% AER
   MyCointainer	Oraichain (ORAI)	Up to 19.13% AER

3. 3. Delegate Your ORAI

   We recommend using a staking pool when staking ORAI. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ORAI, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Start Validating

   You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the Oraichain network. You will be rewarded with ORAI for these validations.

What to Be Aware Of

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