Introduction

Staking BORA can be a great option for those who wish to hold BORA while earning yield in a safe manner and contributing to the network. The steps can be somewhat daunting, especially the first time you do them. That’s why we have put together this guide for you.

Step-by-Step Guide

1. 1. Acquire BORA (BORA) Tokens

   To stake BORA, you need to have it. To obtain BORA, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   OKX	BORA (BORA)	0.08
   MEXC Global	BORA (BORA)	0.08
   Bitget	BORA (BORA)	0.09
   Gate.io	BORA (BORA)	0.1
   BingX	BORA (BORA)	0.1

   See all 10 prices

2. 2. Select a BORA Wallet

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

3. 3. Delegate Your BORA

   We suggest using a staking pool for staking BORA. It's easier and quicker to get started. A staking pool is a collection of validators who combine their BORA, which increases their odds of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   You'll have to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the BORA network. You'll be rewarded with BORA for these validations.

What to Keep in Mind

You need to keep in mind the transaction and staking pool fees. Additionally, there might be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this can take a while.