Introduction

Staking Reef can be an excellent option for those who wish to hold REEF while earning AER in a secure manner and contributing to the network. The process may seem a bit overwhelming, particularly the first time you undertake it. That's why we've compiled this guide for you.

Step-by-Step Guide

1. 1. Obtain Reef (REEF) Tokens

   To stake Reef, you need to possess it. To obtain Reef, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Binance	Reef (REEF)	0.000688
   BingX	Reef (REEF)	0.0004311
   Bitget	Reef (REEF)	0
   Bitmart	Reef (REEF)	0.0001476
   Bitpanda	Reef (REEF)	0
   Bybit	Reef (REEF)	0.0004742

   View all 22 prices

2. 2. Choose a Reef Wallet

   Once you have REEF, you'll need to choose a Reef wallet to store your tokens. Here are some suitable options.

3. 3. Delegate Your REEF

   We recommend using a staking pool when staking REEF. It's simpler and quicker to get started. A staking pool is a group of validators who combine their REEF, which increases their chances of validating transactions and earning rewards. You can do 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 is confirmed, you will automatically validate transactions on the Reef network. You will be rewarded with REEF for these validations.

What to Be Aware Of

There are transaction and staking pool fees you need to consider. There may also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.