Oasis Network stands as a foremost platform emphasizing privacy and scalability in smart contracts, aiming for widespread Web3 adoption. This platform facilitates the creation of decentralized solutions aimed at safeguarding data privacy and user confidentiality. With an ever-increasing focus on transaction privacy, knowing how to acquire Oasis (ROSE) becomes crucial for investors who prioritize their online anonymity.
In this insightful walk-through, we'll delve into the Oasis network, examine exchanges where ROSE trading is available, and explore methods to acquire ROSE tokens while minimizing fees.
Where to Buy Oasis Network ROSE
ROSE, being a prominent altcoin, is listed on multiple exchanges accessible to interested investors. We’ve identified the top platforms for purchasing Oasis. Here’s our selection:
- Binance: The Leading and Cost-Effective Crypto Exchange
- Coinbase: Renowned, User-Friendly, and Beginner-Friendly Platform
- Kucoin: A Well-Established Exchange Offering Extensive Listings
- Bitfinex: Well Established & Trusted Exchange
Visit The Top Pick
Binance: Reputable Exchange with High Liquidity
Binance Recognized as the largest cryptocurrency exchange by daily trading volume. It grants investors access to over 600 crypto assets for trading.
This acclaimed platform also presents a thorough educational curve, offering advanced trading tools suited for seasoned traders and investors venturing into various cryptocurrencies. While Binance boasts an easy-to-navigate user interface ensuring a great user journey, it primarily serves experienced traders.
Read: Our Full Binance Review Here
Binance sets a low entry point with a minimum deposit of $10, allowing investors to embark on their investment journeys with minimal fees. Deposits can also be facilitated via convenient payment methods like wire transfers, credit/debit cards, peer-to-peer (P2P) transactions, and various e-wallet solutions.
Deposits on Binance incur fees that fluctuate depending on the payment method employed. For example, this global exchange levies a standard fee up to 4.50% for credit/debit card deposits.
Trading on Binance incurs minimal costs, with a standard trading fee of 0.1%. However, investors using Binance Coin (BNB) enjoy a 25% discount on trading fees.
Moreover, investors can rest easy knowing their funds and personal data remain secure on Binance. The platform adopts cutting-edge security measures like two-factor authentication (2FA), employs cold storage for the majority of coins, uses whitelisting, and implements advanced data encryption techniques. Having a presence in over 100 countries, Binance also offers a regulated spinoff platform (Binance.US) catering to U.S.-based traders and investors.
Pros
- Trading fees at 0.01%
- High liquidity
- Wide range of payment methods
- 600+ crypto assets in library
Cons
- Interface Tailored to Experienced Traders
- For U.S. customers, trading most coins on its subsidiary is restricted
Coinbase: Simple & Easy to Use Exchange
Coinbase another robust option for investors seeking a smooth cryptocurrency purchasing process. This U.S.-based platform allows seamless buying, selling, and staking of cryptos devoid of complexity.
Coinbase boasts an intuitive interface aimed at simplifying crypto trading. It supports over 10,000 blockchain assets.
Read: Our Full Coinbase Review Here
The sign-up and verification process on the exchange is quick, taking less than 10 minutes. For investors keen on straightforward transactions, Coinbase serves as a viable alternative to Binance.
Coinbase maintains the lowest market minimum deposit of $2. This platform provides a plethora of deposit methods including Automated Clearing House (ACH), wire transfers, debit cards, e-wallet solutions, along with withdrawals in local currencies like USD, GBP, and EUR. Coinbase applies a fee up to 3.99% for deposits made via debit cards.
Investors get a 4% cash-back reward on crypto purchases using a Coinbase debit card.
In terms of fees, Coinbase applies rates ranging from 0.5% to 4.5%, primarily determined by the payment method, cryptocurrency type, and transaction size.
From a basic trading platform to a multifaceted entity dedicated to retail and institutional investors, Coinbase provides various services like an integrated exchange wallet, a self-issued cashback Visa card, staking capabilities, derivatives trading, asset hubs, among others.
Coinbase integrates in-built security measures such as 2FA verification enhancing the security of investors' credentials, and offers crime insurance to shield digital assets against theft and fraud.
Likewise, Coinbase holds licenses from the Securities and Exchange Commission (SEC) and is regulated by premier financial authorities including the Financial Conduct Authority (FCA), Financial Crimes Enforcement Network (FinCEN), and the New York State Department of Financial Services (NYSDFS).
Pros
- Beginner-focused
- Licensed and reputable platform
- Insurance in case of hacks
- Low minimum deposit
Cons
- High fee compared to competitors
- No Credit Card Deposits Allowed for U.S. Customers
KuCoin: Exchange With Lots of Listings
KuCoin one of the oldest and most acclaimed crypto exchanges worldwide. Based in Seychelles, it's a key player for traders interested in derivatives products to engage in market speculation.
KuCoin currently offers access to over 600 cryptocurrencies. More than just a trading platform, KuCoin allows investors to save, stake cryptos, and partake in Initial Exchange Offerings. It serves as an extensive crypto hub for investors.
Read: Our Full Kucoin Review Here
However, similar to others in its realm, KuCoin might appear daunting for beginners. The platform caters more to advanced traders seeking to speculate and trade complex products, possibly posing challenges for novices.
Despite this, KuCoin promises numerous benefits. Its trading platform features a low minimum balance of $5, with deposit options including major fiat currencies, P2P transfers, and select credit card solutions.
Trading fees on KuCoin stand at 0.1%, with potential reductions based on an investor’s 30-day trading volume and their stake in the platform’s KCS token.
KuCoin also impresses with its emphasis on security, utilizing bank-level encryption and robust security measures for safeguarding users’ keys and data. A dedicated risk control department ensures strict adherence to data usage policies.
Pros
- Reduced Trading Fees
- Vast Staking Capabilities
- Quick P2P trading system
- Anonymous trading available
- Low minimum balance
Cons
- No bank deposit option
Bitfinex: A Trusted Exchange
Based in Hong Kong, Bitfinex owned and operated by iFinex Inc, a financial services entity also behind Tether Limited, issuer of the USDT stablecoin. Known for its highly liquid order book, it ensures users have no trouble executing crypto trades.
Like several top-tier brokers, Bitfinex offers a versatile platform catering to market entrants. Investors can buy, sell, stake crypto, or lend coins for return generation.
Read: Our Full Bitfinex Review Here
Ease of use is noteworthy on Bitfinex, with its user-friendly platform coupled with a low initial deposit requirement. Deposits can be made via direct crypto transfers, wire transfers, and card payments (processed through a third party, potentially incurring additional fees).
Beyond the trading arena, Bitfinex boasts features like margin trading, derivatives offerings, and lending. High-volume buyers can opt for Bitfinex’s OTC desk, whereas those preferring low-risk options can engage in the broker’s staking services.
Bitfinex operates on a maker-taker fee scheme. Fees range from 0% to 0.2%, decreasing with higher investor order volumes. Notably, large OTC desk orders are fee-exempt. Bank wire deposits and withdrawals each cost 0.1% fee; expedited withdrawals, however, incur a 1% charge. Crypto withdrawal fees depend on the specific token being withdrawn.
Bitfinex protects users’ funds and personal data using 2FA, advanced API key protocols, and cold storage for 99% of funds.
Pros
- Easy-to-use interface
- Efficient Protocol for PoS Coin Staking
- Highly liquid order book
- High Leverage in Derivatives Trading
- Unlimited withdrawals
Cons
- Higher costs for card transactions
What is Oasis (ROSE)?
Launched in 2018, Oasis is a blockchain platform of the future centered around ensuring confidentiality and user privacy.
Given the increasingly scrutinized blockchain landscape, numerous industry stalwarts have voiced concerns over a dearth of privacy measures. The Oasis Network rises to the challenge, delivering a privacy-centric blockchain aimed at fostering a decentralized data economy and fluid open finance. Furthermore, it seeks to serve as a foundational hub for creating scalable, decentralized applications (dApps).
Built on the Cosmos Software Development Kit (SDK), Oasis Network is poised for connectivity within the expansive realm of Cosmos-based blockchains as soon as the Inter Blockchain Communication (IBC) protocol is launched.
The network's privacy elements introduce an innovative asset class dubbed 'tokenized data', empowering users to command the personal data they produce and earning staking rewards for ROSE — the network-specific token of Oasis. Confidential smart contracts on the platform guarantee data privacy during transactions.
ROSE serves as the Oasis Network's native token. Launched in November 2020, this crypto asset facilitates transaction fee settlements across the network. Its utility extends towards Oasis’ consensus layer delegation and validator node staking on the platform.
Oasis (ROSE) Wallets
Choosing a secure method for storing your cryptocurrency is as essential as the investment itself. Being digital assets, your storage options are limited to a few viable choices. Below, we assess the leading crypto wallets and discern the optimal ones to employ.
Software Wallet
Hot wallets, often regarded as software wallets, rank among the favored choices for cryptocurrency storage due to their constant online presence. This 'hot' status facilitates easy access for investors who wish to start using them via a crypto exchange account. These wallets ensure that users can maintain and manage their security keys, showcasing their ownership within the blockchain network. Ideal for routine transactions, hot wallets can be either custodial, where a third party manages your assets, or non-custodial, where you have full control.
When it comes to custody wallets, they serve as a tool for storing assets with an exchange or another platform. Here, the user simply requests a transaction, akin to conventional banking, and the transfer is finalized by the platform. In contrast, non-custodial wallets relinquish all asset management to the user, giving them complete authority.
While hot wallets provide an accessible and cost-free solution, their perpetual online nature subjects them to greater security vulnerabilities. For instance, the Binance Wallet exemplifies such a hot wallet.
Hardware Wallet
A hardware wallet stands out as a tangible device explicitly crafted to enhance the security of dealings with cryptocurrencies.
Typically, shifting funds would necessitate the use of your private key. The catch? If malware or a virus has infiltrated your device, these keys can be captured, leading to potential theft.
Hardware wallets bolster the safety of your private keys by storing them internally and keeping them offline. This feature ensures that even if malicious software affects your device, your keys remain intact. For significant crypto holdings, they represent the most secure storage choice.
Top-tier cold storage options include Ledger and Trezor hardware wallets. You can delve deeper into our reviews on them.
Mobile wallet
Essentially a hot wallet for smartphones, mobile wallets offer users unparalleled ease in managing their digital assets, letting them seamlessly pay for everyday items. These wallets handle the storage of private keys, simplifying daily crypto usage.
Often free and always connected to the internet, mobile wallets like the eToro Money Wallet and Coinbase Wallet lead in popularity.
Desktop wallet
A desktop wallet is essentially a hot wallet tailored for use on PCs. It's software installed on a personal computer or laptop to facilitate easy interaction with digital coins. Additionally, browser extensions are available, enabling users to engage without the need to download full software. Its online nature, however, leaves it susceptible to hackers, with the Exodus Wallet being a notable example.
Paper Wallet
Predating other forms, paper wallets are among the original cryptocurrency storage methods. However, they have become obsolete. Featuring both users' public and private keys, they pose a high risk of being misplaced, stolen, or destroyed.
For those keen on storing ROSE crypto, our top recommendation is the Binance Wallet. This comprehensive digital wallet supports upwards of 600 coins and boasts user-friendly features. Users can effortlessly send and receive coins among peers or for services exchanged.
Another standout aspect of the Binance Wallet is its attractive low fees for holders of the Binance Coin (BNB) token. Users also benefit from various Binance services and apps for digital asset exploration and purchases.
On the security front, Binance Wallet is formidable, offering two-factor authentication, a unique 12-word recovery phrase, and address whitelisting.
How To Buy Oasis ROSE
Let's navigate the steps to purchase Oasis (ROSE). For this, Binance, our preferred exchange platform, guides users through the process.
Once you grasp where to buy Oasis and understand its use cases, the logical step is acquiring it for your portfolio. Our suggestion remains Binance for its features and security.
Step 1: Sign Up
Go to the Binance home page and click on “Register”.
Users can initiate registration on Binance via several methods: mobile phone, email, or Google. Most, however, tend to choose a mobile or email sign-up, inputting necessary details like phone numbers, emails, and choosing secure passwords. Subsequently, an authentication link is shared, enabling users to finalize their registration.
Step 2: Verify Your Identity
Like most regulated exchanges, Binance mandates identity verification from investors before they proceed with transactions.
To finalize this, navigate to the 'Identification' section. Here, investors submit personal details, residence proof, and government-issued ID. Completing this stage usually takes just a few minutes.
Step 3: Deposit Your Funds
Next up, users need to fund their Binance accounts. The platform supports an array of deposit methods, including payment processors, wire transfers, bank deposits, and direct crypto transfers. The stipulated minimum deposit stands at $10.
For deposit actions, access the 'Payment' tab and select 'Add a new payment method' to input the payment details. Alternatively, the 'Buy Crypto' option allows users to pick a payment method and proceed with their deposit.
Step 4: Buy
Once your wallet is suitably funded, it's time to make a purchase. Head to the 'Buy Crypto' section, inputting your desired amount, and hit 'Continue' post-review.
Buy ROSE
With an adequately funded wallet, you can confidently proceed with the Oasis (ROSE) purchase. Start at the 'Buy Crypto' portion of the platform, determining your purchase sum, and on review, click 'Continue'.
Conclusion
The Oasis network stands as a powerhouse in the world of Web3 solutions, aiming to establish a platform that is both robust and intuitive for those seeking easy access to Web3 services.
This guide offers a comprehensive look at the optimum platforms for trading the ROSE crypto and walks users through the purchase process for Oasis (ROSE). Our top choice is Binance thanks to its ample liquidity, competitive fees, top-tier trading tools, and robust security.
Oasis ROSE FAQs
How do I invest in Oasis Labs?
Investors might consider buying the ROSE token as a means to partake in Oasis Labs. The process involves setting up a free account on our highly recommended platform and funding it with a minimum of $10.
How do you get a Rose Oasis?
From our curated list, traders can purchase a ROSE coin in four structured steps: open a free account, complete ID verification, make the requisite minimum deposit, and proceed to buy the ROSE crypto.
Is Oasis network a good buy?
Indeed, the Oasis network belongs to the vanguard of new protocols promoting a decentralized economy's widespread adoption. Its emphasis on data privacy and user autonomy allows individuals to maintain firm control over their finances without external oversight. This focus, combined with low transaction costs and high throughput, presents an attractive proposition to both novices and seasoned investors.
How do you buy crypto $Rose?
Investors can seamlessly buy the $ROSE token on Binance. The process involves registering for an account, verifying ID using a driver's license or passport, making a minimum deposit of $10, and purchasing $ROSE.
