Where and How to Stake Oraichain (ORAI)

Introduction

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

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

   Platform	Coin	Price
   Bitpanda	Oraichain (ORAI)	5.32
   Uphold	Oraichain (ORAI)	5.31
   MEXC Global	Oraichain (ORAI)	5.32
   Bitget	Oraichain (ORAI)	5.32
   Kucoin	Oraichain (ORAI)	5.34
   Bake	Oraichain (ORAI)	5.32

   See all 8 prices

2. 2. Choose 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
   Kucoin	Oraichain (ORAI)	Up to 13.00 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 simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ORAI, 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 Oraichain network. You’ll be rewarded with ORAI 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.