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 if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for South African Investors

1. 1. Acquire Refund (RFD) Tokens

   To stake Refund, you first need to acquire it. To obtain Refund, you'll need to buy it. You can select from these popular exchanges available in South Africa.

   Platform	Mint	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

   View all 8 prices

2. 2. Select a Refund Wallet

   Once you have RFD, you'll need to choose a Refund wallet to store your tokens securely. Here are some solid options to consider.

3. 3. Delegate Your RFD

   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, which increases their chances of validating transactions and earning rewards. You can manage 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 Refund network. You'll be rewarded with RFD for these validations.

What to Keep in Mind

There are transaction and staking pool fees you need to take into account. Additionally, there may be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this process can take some time.