How to Stake REI Network (REI) in the UK

Introduction

Staking REI Network can be an excellent option for those who wish to hold REI 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 REI Network (REI) Tokens

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

   Platform	Coin	Price
   Binance	REI Network (REI)	0
   Bitpanda	REI Network (REI)	0.07
   CoinEx	REI Network (REI)	0.01
   Gate.io	REI Network (REI)	0
   Hotcoin	REI Network (REI)	0.02
   HTX	REI Network (REI)	0

   View all 13 prices

2. 2. Choose a REI Network Wallet

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

   Platform	Coin	Staking rewards
   Binance	REI Network (REI)	Up to 3.19% AER

3. 3. Delegate Your REI

   We recommend using a staking pool when staking REI. It's simpler and quicker 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.

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 REI Network network. You will be rewarded with REI 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.