Introduction

Staking Reef can be a great option for those who want to hold REEF but earn yield in a secure way while contributing to the network. The steps can be a bit overwhelming, 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

   To stake Reef, you need to have it. To get Reef, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   BingX	Reef (REEF)	0,0004311
   Bitget	Reef (REEF)	0
   Bitpanda	Reef (REEF)	0
   Bybit	Reef (REEF)	0,0004742
   CoinEx	Reef (REEF)	0,0002442
   FMFW.io	Reef (REEF)	0,0007806

   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 lekker options.

3. 3. Delegate Your REEF

   We recommend using a staking pool when staking REEF. It’s simpler and quicker to get going. A staking pool is a group of validators who combine their REEF, which gives them a better 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 might also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this might take some time.