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Staking Orbit Bridge Klaytn Binance Coin can be a great option for those who want to hold OBNB but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
In order to stake Orbit Bridge Klaytn Binance Coin, you need to have it. To obtain Orbit Bridge Klaytn Binance Coin, you'll need to purchase it. You can choose from these popular exchanges.
Once you have OBNB, you’ll need to choose a Orbit Bridge Klaytn Binance Coin wallet to store your tokens. Here are some good options.
We recommend using a staking pool when staking OBNB. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their OBNB, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
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 Orbit Bridge Klaytn Binance Coin network. You’ll be rewarded with OBNB for these validations.
There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.
