Earn up to
3.19% APY in Canada
An in-depth guide on how to stake REI Network (REI) in Canada
We have a wealth of information on staking REI Network (REI) and we're excited to share some of this with you.
We present you with various staking options featuring other cryptocurrencies that may pique your interest.
REI Network (REI) is currently priced at US$3.19 with a 24-hour trading volume of US$1.62M. The market cap of REI Network stands at US$52.06M, with 974.62M REI in circulation. For those looking to buy or trade REI Network, Binance offers avenues to do so securely and efficiently}
Staking REI Network can be an excellent choice for Canadians looking to hold REI 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.
To stake REI Network, you first need to acquire it. To obtain REI Network, you'll need to purchase it from one of these popular Canadian exchanges.
Once you have REI, you'll need to choose a REI Network wallet to store your tokens. Here are some great options available in Canada.
| Platform | Coin | Staking rewards in Canada |
|---|---|---|
| Binance | REI Network (REI) | Up to 3.19% APY in Canada |
We recommend using a staking pool when staking REI. It's simpler and faster to get started. A staking pool is a group of validators who combine their REI, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 REI Network network. You'll be rewarded with REI for these validations.
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.
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