Where and How to Stake REI Network (REI)

Introduction

Staking REI Network can be a great option for those who want to hold REI but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That's why we've put this guide together for you.

Step-by-Step Guide

1. 1. Obtain REI Network (REI) Tokens

   In order to stake REI Network, you need to have 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)	0.03
   MEXC Global	REI Network (REI)	0.03
   Gate.io	REI Network (REI)	0.03
   CoinEx	REI Network (REI)	0.05
   Hotcoin	REI Network (REI)	0.03
   Bitpanda	REI Network (REI)	0.07

   See 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 good options.

   Platform	Coin	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 simpler and faster to get up-and-running. A staking pool is a group of validators who combine their REI, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Start Validating

   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. You'll be rewarded with REI for these validations.

What to be Aware of

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