Earn up to
20.09% APY in India
An in-depth guide on how to stake Origin Dollar (OUSD) in India
We have extensive data on staking Origin Dollar (OUSD) and we are excited to share some of this information with you.
We present you with various staking options featuring different coins that may pique your interest.
Origin Dollar (OUSD) is currently priced at $3.87 with a 24-hour trading volume of $27,514. The market cap of Origin Dollar stands at $65.87L, with 65.85L OUSD in circulation. For those looking to buy or trade Origin Dollar, Kucoin offers avenues to do so securely and efficiently
Staking Origin Dollar can be an excellent choice for those looking to hold OUSD while earning returns in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide specifically for you.
To stake Origin Dollar, you first need to acquire it. To obtain Origin Dollar, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.
| Platform | Coin | Cost |
|---|---|---|
| Gate.io | Origin Dollar (OUSD) | 1 |
| Kucoin | Origin Dollar (OUSD) | 1 |
Once you have OUSD, you'll need to choose a Origin Dollar wallet to securely store your tokens. Here are some reliable options available in India.
| Platform | Coin | Staking rewards in India |
|---|---|---|
| Kucoin | Origin Dollar (OUSD) | Up to 3.87% APY |
| MyCointainer | Origin Dollar (OUSD) | Up to 5.34% APY |
We recommend using a staking pool when staking OUSD. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their OUSD, increasing their chances of validating transactions and earning rewards. You can easily do this through your wallet's interface.
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 Origin Dollar network. For these validations, you will be rewarded with OUSD.
When engaging in staking, it's important to factor in transaction fees and staking pool charges. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.
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