Where and how to stake Oraichain (ORAI)

Introduction

Staking Oraichain can be a great option for those who wish to hold ORAI 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 Oraichain (ORAI) Tokens

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

   Platform	Coin	Price
   Uphold	Oraichain (ORAI)	2.97
   MEXC Global	Oraichain (ORAI)	2.64
   Bitget	Oraichain (ORAI)	2.64
   Kucoin	Oraichain (ORAI)	2.64
   Gate.io	Oraichain (ORAI)	2.65
   CoinEx	Oraichain (ORAI)	2.62

   See all 17 prices

2. 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	Coin	Staking rewards
   MyCointainer	Oraichain (ORAI)	Up to 19.13% APY
   Kucoin	Oraichain (ORAI)	Up to 13% APY

3. 3. Delegate Your ORAI

   We suggest using a staking pool for staking ORAI. It's easier and quicker to get started. A staking pool is a collection of validators who combine their ORAI, 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 Oraichain network. You'll be rewarded with ORAI 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.