How to Stake Orbs (ORBS) in Australia

Introduction

Staking Orbs can be a great option for those who want to hold ORBS while earning yield safely and contributing to the network. The steps may seem daunting, especially the first time you attempt them. That's why we've created this guide for you.

Step-by-Step Guide

1. 1. Obtain Orbs (ORBS) Tokens

   To stake Orbs, you need to own it. To obtain Orbs, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Cost
   OKX	Orbs (ORBS)	0.02
   Uphold	Orbs (ORBS)	0.02
   BingX	Orbs (ORBS)	0.01
   Bitget	Orbs (ORBS)	0.01
   Bitmart	Orbs (ORBS)	0.02
   Bitpanda	Orbs (ORBS)	0.04

   See all 28 prices

2. 2. Choose a Orbs Wallet

   Once you have ORBS, you'll need to choose a Orbs wallet to store your tokens. Here are some great options.

   Platform	Coin	Staking returns
   Moonstake	Orbs (ORBS)	Up to 6.67% % p.a.

3. 3. Delegate Your ORBS

   We recommend using a staking pool when staking ORBS. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ORBS, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Begin Validation

   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 to consider. Additionally, there may be a waiting period before you start earning rewards. The staking pool needs to generate blocks, which can take some time.