Introduction
Staking Orbs can be a great option for those who want to hold ORBS 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. Obtain Orbs (ORBS) Tokens
In order to stake Orbs, you need to have it. To obtain Orbs, you'll need to purchase it. You can choose from these popular exchanges.
See all 11 pricesPlatform Coin Price Bitpanda Orbs (ORBS) 0.03 Uphold Orbs (ORBS) 0.03 OKX Orbs (ORBS) 0.03 Bitmart Orbs (ORBS) 0.03 BingX Orbs (ORBS) 0.03 Bitget Orbs (ORBS) 0.03 2. Choose a Orbs Wallet
Once you have ORBS, you’ll need to choose a Orbs wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards Bitmart Orbs (ORBS) Up to 2.00 APY Moonstake Orbs (ORBS) Up to 6.67 APY 3. Delegate Your ORBS
We recommend using a staking pool when staking ORBS. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ORBS, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
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 Orbs network. You’ll be rewarded with ORBS 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.
Latest Movements
Orbs (ORBS) is currently priced at $2.00 with a 24-hour trading volume of $8.76M. The market cap of Orbs stands at $117.80M, with $4.39B ORBS in circulation. For those looking to buy or trade Orbs, Bitmart offers avenues to do so securely and efficiently}
- Market cap
- $117.80M
- 24h volume
- $8.76M
- Circulating supply
- $4.39B