How to Stake Sora AI (SORA) in Canada

Introduction to Cryptocurrency in Canada

Staking Sora AI can be an excellent choice for Canadians looking to hold SORA while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide specifically for you.

Step-by-Step Guide for Canadians

1. 1. Acquire Sora AI (SORA) Tokens in Canada

   To stake Sora AI, you first need to acquire it. To obtain Sora AI, you'll need to purchase it from one of these popular Canadian exchanges.

   Platform	Coin	Cost
   Bitget	Sora AI (SORA)	0
   CoinEx	Sora AI (SORA)	0.0002381
   MEXC Global	Sora AI (SORA)	0.0003806

   See all 5 prices in Canada

2. 2. Select a Sora AI Wallet in Canada

   Once you have SORA, you'll need to choose a Sora AI wallet to store your tokens. Here are some great options available in Canada.

   Platform	Coin	Staking rewards in Canada
   Bitmart	Sora AI (SORA)	Up to 1% APY in Canada

3. 3. Delegate Your SORA in Canada

   We recommend using a staking pool when staking SORA. It's simpler and faster to get started. A staking pool is a group of validators who combine their SORA, which increases their chances 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 Sora AI network. You'll be rewarded with SORA for these validations.

What Canadians Should Be Aware Of

In Canada, it's important to consider transaction and staking pool fees. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, which can take some time.