Introduction
Staking Oraichain can be a great option for those who want to hold ORAI but earn yield in a secure way while contributing to the network. The steps can be a bit overwhelming, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-step guide
1. Obtain Oraichain (ORAI) Tokens
To stake Oraichain, you need to have it. To get Oraichain, you'll need to buy it. You can choose from these popular exchanges.
See all 17 pricesPlatform Coin Price Uphold Oraichain (ORAI) 3.11 Bitget Oraichain (ORAI) 3.11 MEXC Global Oraichain (ORAI) 3.12 Kucoin Oraichain (ORAI) 3.11 Gate.io Oraichain (ORAI) 3.11 CoinEx Oraichain (ORAI) 3.09 2. Choose a Oraichain Wallet
Once you have ORAI, you’ll need to choose a Oraichain wallet to store your tokens. Here are some lekker options.
Platform Coin Staking rewards Kucoin Oraichain (ORAI) Up to 13% APY MyCointainer Oraichain (ORAI) Up to 19.13% APY 3. Delegate Your ORAI
We recommend using a staking pool when staking ORAI. It’s simpler and quicker to get going. A staking pool is a group of validators who combine their ORAI, which gives them a better 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 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 might also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this might take some time.
Latest Movements
Oraichain (ORAI) is presently priced at US$19.13 with a 24-hour trading volume of US$7.1M. The market cap of Oraichain stands at US$182.75M, with 16.87M ORAI in circulation. For those interested in buying or trading Oraichain, Kucoin offers ways to do so safely and efficiently
- Market cap
- US$182.75M
- 24h trading volume
- US$7.1M
- Circulating supply
- 16.87M ORAI