How to Stake REI Network (REI)

Introduction

Staking REI Network can be an excellent choice for those 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-time users. That's why we've created this guide to assist you.

Step-by-Step Anleitung

1. 1. Acquire REI Network (REI) Tokens

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

   Plattform	Kryptowährung	Price
   Binance	REI Network (REI)	0 APY
   Bitpanda	REI Network (REI)	0,07 APY
   CoinEx	REI Network (REI)	0,02 APY
   Gate.io	REI Network (REI)	0 APY
   Hotcoin	REI Network (REI)	0,02 APY
   HTX	REI Network (REI)	0 APY

   View all 13 prices

2. 2. Select a REI Network Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Binance	REI Network (REI)	Up to 3,19 % APY

3. 3. Delegate Your REI

   We recommend using a staking pool when staking REI. It's simpler and faster to get started. A staking pool is a collective of validators who pool their REI, 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 REI Network network. For these validations, you will be rewarded with REI.

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.