Introduction

Staking Reef can be a great option for those who want to hold REEF 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 Reef (REEF) Tokens

   In order to stake Reef, you need to have it. To obtain Reef, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Bitget	Reef (REEF)	0
   MEXC Global	Reef (REEF)	0.0002317
   Kucoin	Reef (REEF)	0.000559
   Gate.io	Reef (REEF)	0.0002317
   CoinEx	Reef (REEF)	0.0002312
   BingX	Reef (REEF)	0.0004311

   See all 19 prices

2. 2. Choose a Reef Wallet

   Once you have REEF, you'll need to choose a Reef wallet to store your tokens. Here are some good options.

3. 3. Delegate Your REEF

   We recommend using a staking pool when staking REEF. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their REEF, 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 Reef network. You'll be rewarded with REEF 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.