Introduction

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

Step-by-Step Anleitung

1. 1. Acquire Refund (RFD) Tokens

   To stake Refund, you first need to acquire it. To obtain Refund, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.

   Plattform	Kryptowährung	Price
   BingX	Refund (RFD)	0,000005084 APY
   CoinEx	Refund (RFD)	0,000002401 APY
   Gate.io	Refund (RFD)	0,000002201 APY
   Kucoin	Refund (RFD)	0,000009916 APY
   MEXC Global	Refund (RFD)	0,000004199 APY

   View all 8 prices

2. 2. Select a Refund Wallet

   Once you have RFD, you'll need to select a Refund wallet to securely store your tokens. Here are some solid options to consider.

3. 3. Delegate Your RFD

   We recommend using a staking pool when staking RFD. It's simpler and faster to get started. A staking pool is a collective of validators who pool their RFD, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 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 Refund network. For these validations, you will be rewarded with RFD.

What to Consider

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