Introduction
Staking Refund can be an excellent choice for those looking to hold RFD while earning returns 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.
Step-by-Step Guide for Indian Investors
1. Acquire Refund (RFD) Tokens in India
To stake Refund, you first need to acquire it. To obtain Refund, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.
See all 8 ratesPlatform Coin Cost BingX Refund (RFD) 0.000005084 CoinEx Refund (RFD) 0.000002401 Gate.io Refund (RFD) 0.000002201 Kucoin Refund (RFD) 0.000009916 MEXC Global Refund (RFD) 0.000004199 2. Choose a Refund Wallet in India
Once you have RFD, you'll need to choose a Refund wallet to securely store your tokens. Here are some reliable options available in India.
3. Delegate Your RFD in India
We recommend using a staking pool when staking RFD. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their RFD, increasing their chances of validating transactions and earning rewards. You can easily do this through your wallet's interface.
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 Keep in Mind
When engaging in staking, it's important to factor in transaction fees and staking pool charges. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.
Latest Trends in India
- Market capitalization
- $44.89L
- 24-hour trading volume
- $1,16,155
- Circulating supply in the market
- 1LCr RFD
