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 intimidating, particularly for first-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for Italian Investors

1. 1. Acquire REI Network (REI) Tokens

   To stake REI Network, you must first acquire it. To obtain REI Network, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   Binance	REI Network (REI)	0 APY
   Bitpanda	REI Network (REI)	0,07 APY
   CoinEx	REI Network (REI)	0,01 APY
   Gate.io	REI Network (REI)	0 APY
   Hotcoin	REI Network (REI)	0,02 APY
   HTX	REI Network (REI)	0 APY

   Check out 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 excellent options tailored for the Italian market.

   Piattaforma	Criptovaluta	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 more straightforward and quicker to get started. A staking pool is a collective of validators who pool their REI, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Begin the Validation Process

   You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the REI Network network. For these validations, you'll receive rewards in REI.

What to Consider in Italy

When engaging in staking, it's important to factor in the transaction and staking pool fees. Additionally, you may encounter a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time.