Introduction

Staking Reef is an excellent choice for those looking to hold REEF while earning yield securely and supporting the network. The process may seem overwhelming, especially for first-timers. That's why we've created this guide to help you through it.

Comprehensive Guide

1. 1. Acquire Reef (REEF) Tokens

   To stake Reef, you first need to acquire it. You can purchase Reef from various popular exchanges.

   Platform	Coin	Cost
   Binance	Reef (REEF)	0.000688
   BingX	Reef (REEF)	0.0004311
   Bitget	Reef (REEF)	0
   Bitmart	Reef (REEF)	0.0001476
   Bitpanda	Reef (REEF)	0
   Bybit	Reef (REEF)	0.0004742

   View all 22 prices

2. 2. Select a Reef Wallet

   Once you have REEF, you'll need to select a Reef wallet to keep your tokens safe. Here are some great options.

3. 3. Delegate Your REEF

   We suggest using a staking pool for staking REEF. It's easier and quicker to start. A staking pool consists of validators who pool their REEF, increasing their chances of validating transactions and earning rewards. You can access this via your wallet's interface.

4. 4. Begin Validation

   You will need to wait for your deposit to be confirmed by your wallet. Once confirmed, you will automatically validate transactions on the Reef network. You will be rewarded with REEF for these validations.

Key Considerations

Consider the transaction and staking pool fees. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, which can take some time.