Introduction

Staking Refund can be an excellent choice for those looking to hold RFD while earning APY 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 to assist you.

Step-by-Step Guide for South Korea's Financial Landscape 1

1. 1. Acquire Refund (RFD) Tokens

   To stake Refund, you first need to acquire it. To obtain Refund, you'll need to purchase it from a cryptocurrency exchange. You can choose from these popular platforms available in South Korea.

   플랫폼	코인	Price
   BingX	Refund (RFD)	0.000005084 APY
   CoinEx	Refund (RFD)	0.000002401 APY
   Gate.io	Refund (RFD)	0.000002201 APY
   Kucoin	Refund (RFD)	0.000009916 APY
   MEXC Global	Refund (RFD)	0.000004199 APY

   Check out all 8 prices

2. 2. Select a Refund Wallet

   Once you have RFD, you'll need to select a Refund wallet to securely store your tokens. Here are some recommended options that are popular among Korean users.

3. 3. Delegate Your RFD in South Korea

   We recommend using a staking pool when staking RFD. It’s more convenient and quicker to get started. A staking pool consists of a group of validators who combine their RFD, increasing their chances of validating transactions and earning rewards. You can easily 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 Refund network. For these validations, you will be rewarded with RFD.

What to Keep in Mind

You should be aware of the transaction and staking pool fees that apply. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time in the process.