How to Stake Oraichain (ORAI)

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 intimidating, particularly for first-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for Italian Investors

1. 1. Acquire Oraichain (ORAI) Tokens

   To stake Oraichain, you must first acquire it. To obtain Oraichain, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   Uphold	Oraichain (ORAI)	2,97 APY
   Bake	Oraichain (ORAI)	2,48 APY
   Bitget	Oraichain (ORAI)	2,47 APY
   Bitpanda	Oraichain (ORAI)	10,03 APY
   CoinEx	Oraichain (ORAI)	2,45 APY
   Crypto.com	Oraichain (ORAI)	2,5 APY

   Check out all 17 prices

2. 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 excellent options tailored for the Italian market.

   Piattaforma	Criptovaluta	Staking rewards
   Kucoin	Oraichain (ORAI)	Up to 13% APY
   MyCointainer	Oraichain (ORAI)	Up to 19,13% APY

3. 3. Delegate Your ORAI

   We recommend using a staking pool when staking ORAI. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their ORAI, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Begin the Validation Process

   You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Oraichain network. For these validations, you'll receive rewards in ORAI.

What to Consider in Italy

When engaging in staking, it's important to factor in the transaction and staking pool fees. Additionally, you may encounter a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time.