Designed to be a next-generation blockchain, the Oasis Network has gained huge popularity among investors with its in-built cryptocurrency called ROSE. It’s a brand new project in the Defi market with unique ideas and innovations that aim to solve real-world problems concerning this field.
The hard-working team behind the Oasis project, the investments that it got, and its ambitious plans about the Defi market let us view Oasis Network ROSE as a good long-term investment? But what is Oasis Network, and how does it try to solve the most fundamental problems of the Defi? What is the price of ROSE cryptocurrency, and is it a buy right now? You will find these topics covered in the guide and learn how to buy Oasis Network ROSE online in Australia.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Where To Buy Oasis Network (ROSE) In Australia
Are you looking on how to buy Oasis Network in Australia? Well, there are hundreds of crypto exchanges and brokers in Australia. This can make it hard to know which platform is right for you.
List of the best Exchanges to buy Oasis Network (ROSE) in Australia:
Looking where to buy Oasis Network in Australia right now? Below you will find 4 of the best brokers that allow you to buy Oasis Network in Australia.
- eToro - Best broker to buy Oasis Network (ROSE) in Australia
- Binance - Best exchange to buy Oasis Network Australia for asset diversity
- Coinbase - Best exchange to buy Oasis Network for beginners
- OKEx - Best broker to buy Oasis Network Australia for low-cost
What Is Oasis Network (ROSE)?
Oasis Network is a next-generation blockchain technology that is focused on user privacy and scalability. It is often dubbed as an “Ethereum killer” as the project is similar to Ethereum with its mentioned key features. So, what are the problems that Oasis Network struggles to solve? One of the most significant issues of blockchains is the lack of privacy. To solve this problem, Oasis uses unique features called Tokenized Data and Confidential contracts to enable its users to have more control over their data.
What is most amazing is that users can not only keep their data private but can also monetize it, sell, or stake it to earn interest. Another thing that needs to be mentioned about Oasis is that it tries to enhance blockchain scalability. It will help to overcome slow transaction processes and decrease transaction fees. The project is operated by Oasis labs, which was founded by California university professor Dawn Song in 2018.
ROSE cryptocurrency is the next crucial component of the Oasis project that is used to pay for the transactions within the network. ROSE is also a digital asset that you can trade on some crypto exchanges. It hit its all-time high this year on January 14th, reaching $0.567, but the prices significantly dropped since then, and it’s now worth $0.258, which might be a good entry-level if you are looking to invest in this project for the long term.
ROSE has a 10 billion maximum supply of tokens: more than 3.4 million ROSE coins are already in circulation, plus 2.3 billion tokens will be distributed to the stakers. As the Oasis Network blockchain is based on the Proof of Stake mechanism, you can also earn money by staking ROSE coins.
Oasis Network ROSE price history Source: coinmarketcap.com
How To Buy Oasis Network (ROSE) With A Credit Card?
There are some basic steps to follow if you want to buy Oasis Network (ROSE) with a credit card. First and foremost, you need to find a safe cryptocurrency exchange that supports payments through bank cards. Once you have chosen a platform, you can immediately open an account and verify it with your ID.
Completing these steps, you can now search Oasis Network ROSE on the platform, click on the “Trade” button, fill in the amount you want to buy, and choose a bank card as a payment option. After providing the necessary information about your credit card details, you can click complete the transaction. If you see the amount of the Oasis ROSE coins on your exchange account, you have succeeded in buying the asset.
Note that brokers usually apply higher fees for bank card transactions than when paying with another method (in some crypto exchanges, the fee for buying cryptos with a credit/debit card can reach up to 3.5%). In contrast to this, bank card payments have an advantage over the other payment methods. They are faster and take some hours to complete, while other payment methods may take up to 7 business days to verify the transaction.
Read Also: 10 Of The Best Cryptocurrencies To Buy
What’s The Best Platform In Australia To Trade Oasis Network (ROSE)?
Sometimes it may take a lot of time to find a good crypto exchange where you can trade a particular asset. But don’t worry, we have already done thorough research which indicates that Binance is the best platform to actively trade Oasis Network (ROSE) in Australia. Binance is good in many ways: it’s cost-effective, user-friendly, and supports a vast collection of cryptocurrencies.
One of the best things about Binance is its easy-to-operate user interface, which is designed to suit both beginners and expert traders. Opening an account on the platform is a quick and easy process and Binance also allows you to buy some cryptos without going through the KYC service. However, bear in mind that you need to verify your account in order to be able to trade in large amounts.
Another great thing about Binance is its high functionality. The platform provides users with a number of advanced trading tools, sophisticated charts and graphs, crypto-to-crypto trading, several payment options, and access to over 370 digital currencies. The only negative thing about the platform is that it’s not regulated. Still, it applies robust security systems to protect your account.
Here’s How You Can Instantly Buy Oasis Network (ROSE) In Australia
If you want to buy Oasis Network ROSE in Australia and don’t know where to start, here is a quick guide that will explain the whole process step by step.
1. Open an Account with a Crypto Exchange that Supports ROSE
Visit the selected crypto exchange and click on the "Create an Account" if you don't have one yet. In this phase, you need to provide some personal details, such as name, surname, phone number, create a username and password. It's also essential to verify your account with an ID, as this is required to keep your account safe.
2. Select a Payment Method and Make a Deposit
In the next phase, you need to charge your account. Find the "Deposit Funds" button on the platform and click on it. It's essential to check beforehand if any of the payment options supported by the platform is available for you.
By choosing the necessary payment method, you must provide the payment option details and complete the transaction. Now, you need to wait when your account is charged: it usually takes 2-3 hours if you pay with bank cards and 2-3 business days with a wire transfer method.
3. Buy Oasis Network (ROSE) and Store it on a Crypto Wallet
When your account is verified and funded, you are ready to invest in Oasis Network. You can find the cryptocurrency by typing ROSE on the search bar; afterwards, choose the amount you want to buy and open the position. If the transaction goes successfully, you'll see the amount of crypto you purchased on your exchange account.
Here’s How You Can Start Trading Oasis Network (ROSE) In Australia
If you want to trade Oasis ROSE productively and gain high rewards, there are some good steps to follow. Firstly, it's essential to pick a suitable cryptocurrency exchange that can greatly affect your rewards. You need to pay attention to its safety system so as not to end up as a victim of hacks. Additionally, you should examine its pricing structure and find a platform that offers competitive fees. Otherwise, you can lose pretty much money in paying transaction fees or bids.
Another vital factor to consider in selecting a trading platform is its functionality. If you intend to trade actively, buy and open positions frequently, you had better find an exchange that operates quickly, offers a simple-to-use interface, and provides a wide range of advanced trading tools. However, if you are a retail investor, you can choose a less advanced platform prioritizing low fees instead.
Apart from this, you also need to know the right time to buy and sell the asset. In order to succeed, you must accurately guess if its value will stop decreasing, and you must buy it at this point, or it will go on dropping. Or, if you want to sell it, is it the highest price, or does the crypto still have room to grow?
To make all these predictions correctly, you should explore technical and fundamental analyses of the chosen cryptocurrency. You can also find a lot of valuable information about the trends in the market following telegram groups, crypto forums, read experts' views, etc.
Best Digital Wallet For Oasis Network (ROSE)
Before selecting or buying a crypto wallet, first decide which type of wallets you want to use - an exchange wallet, software, or hardware. The exchange wallet is your brokerage account, which is less safe than the other two types. Still, if you trade on a regulated platform, you can be sure to have your money compensated when you lose money for being hacked.
Besides leaving your money on your exchange account, you can store it on a software or a hardware wallet, which are both decentralized. The main difference is that hardware wallets are physical and help keep your money offline. These are safer compared to software ones which are apps that you can download and install on your device.
Among the best software wallets is eToro's Money wallet, which supports trading over 500 crypto pairs. Binance provides an excellent software wallet known as Trust wallet, which offers an enormous range of assets: the app supports 53 blockchains and 1m assets. If you have bought a large amount of Oasis ROSE for a long-time, you can buy a hardware wallet. Ledger Nano wallet is one of the best hardware wallets to store your coins.
Check Out: The 7 Best Cryptocurrency Wallets
Should You Buy Oasis Network (ROSE) Right Now?
Before buying any cryptocurrency, you must keep in mind that these assets come with high volatility, which increases the risk of losing your capital. However, there are several crypto assets that have a good background and can be an excellent long-term investment bringing you a good return in the future. Oasis ROSE is among such cryptocurrencies, and it's quite an affordable asset. So, you can buy it in small (or large) amounts and think of it as an experiment.
The bottom line - following our research, the ROSE coin seems to be one of the most promising digital assets in the market. Not only does it have a real value for users, but the team behind the coin has ambitions to solve some of the biggest problems in the crypto market.
In a word, Oasis Network is an excellent blockchain project with a high perspective to increase its value. The best thing about the project is that it's not a copy-paste cryptocurrency but is designed in a way to offer solutions for the most pressing Defi problems. Oasis
ROSE can be bought on an exchange platform by registering and funding an account. We have introduced the whole process to buy Oasis Network ROSE in Australia through the guide. In our view, Oasis ROSE can be good for both long-term and short-term trading, but in any case, invest reasonably as this is not a well-established cryptocurrency yet.
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