This guide will take you through buying Oasis Network (ROSE) Coin in the UK and how you can add this hot token into your investment portfolio.
The Oasis Network is a relatively new project in the Defi market. It has already set ambitious goals to revolutionise the field and become a next-generation blockchain technology. ROSE is the native cryptocurrency of the Oasis Network that is used within the project to pay transaction fees, and it has become a trendy crypto coin over the last year.
Launched in 2020, ROSE has gained significant value through 2021 and at the beginning of 2022. The upsurge of the token is mainly associated with the investments in the Oasis Network by some successful companies. But is Oasis Network worth investing, and should you buy Oasis ROSE right now? This article explains the basic facts about Oasis ROSE and provides a complete guide to buying Oasis Network (ROSE) online in the UK.
How To Buy Oasis Network In The UK – Quick Guide
Do not want to get into details and want to invest in Oasis Network ROSE at this moment? Here is a quick guide that briefly explains all the necessary steps with eToro.
- Step 1: Open an eToro Account – In the first place, visit one of the leading crypto brokers in the industry, eToro, and create an online account. Signing up for an account on eToro’s platform is extremely easy and you will be required to provide some personal details. Additionally, you will need to verify your identity and address by providing some documents which are necessary to keep your account safe.
- Step 2: Deposit – Once eToro completes the verification of your profile, you can get to charge your account with funds. eToro supports multiple billing options and does not take deposit fees for using any of them. Only a small conversion fee will be charged which does not refer to the USD contracts.
- Step 3: Search for ROSE Coin – When your account is technically ready to purchase coins, you can browse to find it on eToro’s platform or simply type ROSE in the search area. On the page dedicated to the coin, you will not only find the “Trade” or “Buy” button but also a lot of information about the cryptocurrency, tools, and charts to research before you buy it.
- Step 4: Buy ROSE – After the final thoughts, you can eventually place a buy order. For this purpose, click on the “Trade” button and register the necessary details by selecting the “Buy” window. After you fill in the number of coins you want to buy, finalize the transactions and you will see the coins on your exchange account.
That’s it! By following these easy steps, you can invest in Oasis Network in the UK in less than 5 minutes.
Crypto asset investing is highly volatile and unregulated in some EU countries and the UK. No consumer protection. Tax on profits may apply.
What is Oasis Network (ROSE)?
The Oasis Network is the first privacy-enabled blockchain platform that stands out with such unique features as Tokenized Data and Paratimes. The project was founded in 2018 by Nimrod Kapon and is backed by a team of professionals with backgrounds in Amazon, Google, Apple, and other famous companies.
With its newly introduced technology, Oasis Network aims to tackle the most fundamental issues of the Defi world, including lack of privacy and scalability. With the help of Tokenized Data Oasis-based application users will have more control over their data. They can even sell it or stake it to earn interest.
In its turn, the Paratimes function struggles with scalability, and it allows to process transactions in parallel so that one does not hinder the others. This feature will make the transactions faster, decrease latency and reduce transaction fees. In short, Oasis Network introduces a programmable blockchain through which developers can enjoy high scalability and users will have more control over their privacy. Oasis also has custom-built crypto, ROSE, with a 10 billion capped supply.
Where To Buy Oasis Network (ROSE) In The UK
Are you looking on how to buy Oasis Network in the UK? Well, there are hundreds of crypto exchanges and brokers in the UK. This can make it hard to know which platform is right for you.
List of the best Exchanges to buy Oasis Network (ROSE) in the UK:
Looking where to buy Oasis Network in the UK right now? Below you will find 4 of the best brokers that allow you to buy Oasis Network in the UK.
- eToro - Best broker to buy Oasis Network (ROSE) in the UK
- Binance - Best exchange to buy Oasis Network UK for asset diversity
- Coinbase - Best exchange to buy Oasis Network (ROSE) for beginners
- OKEx - Best broker to buy ROSE UK for low-cost
Should You Buy Oasis Network (ROSE)?
Oasis Network (ROSE) entered the market with a price of $0.038, but its value increased by almost ten times in just one year. The first significant growth occurred at the beginning of 2021 when it was traded at $0.1. Oasis ROSE took another boost in March and increased up to $0.22. Then, the prices fluctuated between $0.1-$0.2 until the famous crash of the crypto market.
From May to September, Oasis value dropped significantly, reaching a minimum of $0.0481. But till the end of 2021, the prices recovered quite, and Oasis ROSE hit the all-time high of the year on November 21 when it was traded at $0.41. The prices continued to grow during 2022, and on January 14, Oasis ROSE reached its highest all-time high ($0.5679).
This magnificent growth of the cryptocurrency is mainly associated with the investments in the Network by such famous companies as Binance, Accel, Andreessen Horowitz, etc. It means that if Oasis Network could attract such investors, it has all the chances to become an excellent long-term investment.
One drawback of the project is the high competition in the market with already established competitors, including Ethereum, Webb, etc. Hence, there is still a risk to buying Oasis ROSE in large amounts. As such, we recommend that you invest only as much as you can afford to lose.
How To Buy Oasis Network (ROSE) Online In The UK - A Step by Step Guide
In this part of the article, we will walk you through the whole process of buying Oasis Network (ROSE) in the UK.
Register for an Online Account and Deposit Funds
To buy Oasis ROSE, visit the chosen cryptocurrency exchange and sign up for an online account. Creating an account is a quick and simple process։; it will take you 20-30 minutes. The next thing you need to do is to verify your account. It’s required to keep your account safe and prevent fraud and hacks. If you fill in the necessary documents correctly, your account will be verified in a couple of hours.
To buy Oasis ROSE, you need to have enough funds in your account. So, go on depositing funds on it through one of the payment options available on the platform.
Buy Oasis Network (ROSE)
After successfully verifying and charging your account, you can start buying Oasis ROSE. Find the cryptocurrency under the symbol ROSE, write the amount you want to purchase and complete the transaction.
Transfer Your Funds to a Cold Storage Wallet
There are multiple methods of keeping your ROSE coins - you can leave them on your exchange wallet, transfer on a software wallet, or buy a hardware wallet and store them offline. Actually, hardware wallets are considered the most secure storage, but software and exchange wallets can also be good if they possess robust safety features. All in all, you need to select a wallet based on the number of ROSE coins you purchase, your investment goals and terms.
Read Also: 10 Of The Best Cryptocurrencies To Buy
Crypto asset investing is highly volatile and unregulated in some EU countries and the UK. No consumer protection. Tax on profits may apply.
How To Trade Oasis Network (ROSE) Online In The UK - A Step by Step Guide
To start trading Oasis Network (ROSE), you need to firstly find a brokerage platform that supports ROSE and accepts users from the UK. Apart from this, it’s essential to select a safe, functional, easy-to-operate platform. If you intend to spend a lot of time on trading and buying/selling positions frequently, you can choose a platform that provides a wide range of trading tools and options.
It’s also vital to know beforehand what strategy you will use while buying or selling the crypto asset. Trading strategies usually fall into two big groups - long-term and short-term. Long-term trading strategies are preferred mainly by retail investors, who buy the asset and wait for the perfect moment to sell it. Short-term strategies are excellent for those who are actively involved in the process, read the news, follow the market trends, price fluctuations, etc. So, select a trading strategy based on your goals, time, and budget.
Another essential step is to get as much information as possible about the chosen crypto coin. Remember, the cryptocurrency market is based on rumours and external factors more than anything else. Therefore, follow professional traders, read their analysis about this or that market trend, or copy their portfolios. There are also several platforms that provide guides, help you find good platforms for trading, or provide good educational content about different trading topics.
Check Out: How To Start Your Cryptocurrency Trading (9 Best Ways For Beginners)
Oasis Network (ROSE) Pros and Cons
Pros:
✅ Oasis aims to enhance blockchain scalability with a unique technology called ParaTimes.
✅ Oasis stands out with amazing architecture that gives users more control over their data.
✅ The project was founded by a team of professionals with excellent backgrounds.
✅ The ROSE cryptocurrency has increased ten times in just one year.
✅ The project got huge investments from big companies.
✅ The ROSE crypto asset is still affordable and can be bought in large amounts.
✅ Oasis Network enables you to stake, and farm ROSE coins and earn interest.
Cons:
❌ The ROSE crypto asset is not supported by many of the reputable crypto exchanges.
❌ The project is still fresh and needs a lot of development.
❌ Oasis Network will face intense competition in the market, including Ethereum, Web, etc.
Is Oasis Network (ROSE) A Good Long-term Investment?
Taking into account the ambitious plans of the Oasis Network and the Defi solutions it offers, we can consider Oasis an excellent long-term investment. With this mentioned, we want to say that the primary goal of Oasis is not just to develop a new cryptocurrency. Oasis Network is a big project, and the ROSE cryptocurrency is only one of the components of that project. Oasis combines a programmable blockchain, confidential contracts, ParaTimes, and with its distinctive features, it introduces real-world solutions.
Plus, the project is governed by a team of experts with great careers and high hopes for the future. All the mentioned factors let us think that the Oasis team will struggle to develop its technology further and won’t rely only on PR as many other speculative crypto-assets do. So, you can consider investing in Oasis for the long term. Meanwhile, you need to invest reasonably, as Oasis is still in its development stage, and despite its ambitious plans, it may fail to overtake the competitors in the market.
What Will Oasis Network (ROSE) Worth In 2025?
Before investing in Oasis, it’s also essential to know what market analysts predict about Oasis Network (ROSE) future prices. However, we should note that nobody can precisely predict how Oasis will behave in the future. Hence, you need to use this data carefully along with the coin’s fundamental analysis and other crucial factors.
Starting with the Wallet Investor, we can state that it considers Oasis a good long-term investment with +141.06% earning potential in one year. It predicts that Oasis can significantly increase in 5 years, and its highest price in 2027 will be $2.675.
Price Predictions forecast is also optimistic about Oasis Network (ROSE). Their predictions indicate that Oasis ROSE will break $1 in 2024, and in 2025 it will be traded at an average price of $1.30. The highest possible value for Oasis (ROSE) in 2025 will be $1.27, and the lowest will be $1.48.
Oasis Network (ROSE) price predictions 2023 - 2027:
Year | Minimum Price | Average Price | Maximum Price |
---|---|---|---|
2023 | $0.58 | $0.60 | $0.70 |
2024 | $0.85 | $0.87 | $1.01 |
2025 | $1.27 | $1.30 | $1.48 |
2026 | $1.86 | $1.91 | $2.24 |
2027 | $2.73 | $2.83 | $3.26 |
Digital Coin Price predictions indicate that Oasis Network (ROSE) won’t reach even $1 in 2025. It shows that Oasis ROSE will enter 2025 with $0.62. But the prices will gradually decrease during the upcoming months, and in November, the coin will experience its lowest value of the year, dropping to $0.57. Then Oasis (ROSE) will recover slowly and end the year at $0.72.
Don't Miss: Top 5 Cryptos Price Predictions Until 2025
What’s The Purpose Of The Oasis Network (ROSE)?
Oasis Network is a Layer 1 decentralized programmable blockchain that is designed to solve the most significant problems of the Defi market. There are three issues on which Oasis Network is mainly concentrated: these are user privacy, data control, and blockchain scalability. Oasis struggles to build a technology that will increase privacy, give users more control over their data and make transactions faster.
Oasis also issued its cryptocurrency, ROSE, which is used within the network to pay for transactions. Users can also stake their ROSE coins, become validators, and get rewards.
Is Oasis Network (ROSE) Mining Profitable?
ROSE cryptocurrency is the native token of Oasis Network, and it has a maximum supply of 1 billion coins. Almost 2.3 million of these tokens will be given to validators for securing the network over time. So, you can earn interest by becoming a validator. There are two ways of doing this - staking your coins in the pool or farming them.
According to the Oasis Network website, staking rewards for Oasis will change during the course of the Network. Oasis targets to reward its stakers with 2.0%-20% rewards, depending on the period you staked your coins. Plus, to unstake your ROSE, you need to wait for 14 days.
Buying Or Trading Oasis (ROSE) - Things To Take Into Consideration
In a nutshell, Oasis Network (ROSE) can be considered a good investment. But should you invest in it in the long-term or short-term? As cryptocurrencies stand out with high volatility and Oasis Network has still low value, its price fluctuations may bring you high rewards in the short term.
But meanwhile, you can consider buying it as a long-term investment. The good reason for this is that Oasis Network is not just a regular cryptocurrency that will rise and be forgotten one day when its PR campaign ends.
Oasis is a project with a good perspective and ambitious goals, and if the team succeeds in bringing them into reality, ROSE prices will rise accordingly. In any case, Oasis is still not well-established, so be careful with your investments and buy Oasis Network (ROSE) only if you can afford it.
eToro – The Best Platform To Buy Crypto Coins In The UK
eToro have proven themselves trustworthy within the Crypto industry over many years – we recommend you try them out.
Crypto asset investing is highly volatile and unregulated in some EU countries and the UK. No consumer protection. Tax on profits may apply.
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