Introduction
Staking Sora AI can be an excellent choice for those looking to hold SORA while earning returns 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 Indian Investors
1. Acquire Sora AI (SORA) Tokens in India
To stake Sora AI, you first need to acquire it. To obtain Sora AI, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.
See all 5 ratesPlatform Coin Cost Bitget Sora AI (SORA) 0 CoinEx Sora AI (SORA) 0.0002381 MEXC Global Sora AI (SORA) 0.0003806 2. Choose a Sora AI Wallet in India
Once you have SORA, you'll need to choose a Sora AI wallet to securely store your tokens. Here are some reliable options available in India.
Platform Coin Staking rewards in India Bitmart Sora AI (SORA) Up to 1% APY 3. Delegate Your SORA in India
We recommend using a staking pool when staking SORA. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their SORA, increasing their chances of validating transactions and earning rewards. You can easily do this through your wallet's interface.
4. Start Validating
You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the Sora AI network. For these validations, you will be rewarded with SORA.
What to Keep in Mind
When engaging in staking, it's important to factor in transaction fees and staking pool charges. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.
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