How to Stake Sora AI (SORA): A Step-by-Step Guide for South Africans

Introduction

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

Step-by-Step Guide for South African Investors

1. Acquire Sora AI (SORA) Tokens
To stake Sora AI, you first need to acquire it. To obtain Sora AI, you'll need to buy it. You can select from these popular exchanges available in South Africa.
Platform Mint Cost
Bitget Sora AI (SORA) 0
CoinEx Sora AI (SORA) 0,0002381
MEXC Global Sora AI (SORA) 0,0003806
View all 5 prices
2. Select a Sora AI Wallet
Once you have SORA, you'll need to choose a Sora AI wallet to store your tokens securely. Here are some solid options to consider.
Platform Mint Staking rewards in South Africa
Bitmart Sora AI (SORA) Up to 1% APY
3. Delegate Your SORA
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, which increases their chances of validating transactions and earning rewards. You can manage 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 Sora AI network. You'll be rewarded with SORA for these validations.

Platform	Mint	Cost
Bitget	Sora AI (SORA)	0
CoinEx	Sora AI (SORA)	0,0002381
MEXC Global	Sora AI (SORA)	0,0003806

Platform	Mint	Staking rewards in South Africa
Bitmart	Sora AI (SORA)	Up to 1% APY

What to Keep in Mind

There are transaction and staking pool fees you need to take into account. Additionally, there may be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this process can take some time.