Introduction

Staking BORA can be a great option for those who want to hold BORA 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.

Step-by-Step Guide

1. 1. Obtain BORA (BORA) Tokens

   In order to stake BORA, you need to have it. To obtain BORA, you'll need to purchase 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. Choose 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 recommend using a staking pool when staking BORA. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their BORA, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Start Validating

   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 BORA network. You'll be rewarded with BORA for these validations.

What to be Aware of

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.