Introduction
Staking Oasis can be an excellent choice for individuals in the UAE looking to hold rose while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That’s why we’ve created this guide to assist you.
Step-by-Step Guide for UAE Residents
1. Acquire Oasis (rose) Tokens
To stake Oasis, you first need to acquire it. To obtain Oasis, you will need to purchase it from one of the popular exchanges available in the UAE.
View all 7 pricesPlatform Cryptocurrency Price PrimeXBT Oasis (rose) 0.03 Uphold Oasis (rose) 0.03 Bitmart Oasis (rose) 0.03 CoinList Oasis (rose) 0.04 2. Select a Oasis Wallet
Once you have rose, you'll need to select a Oasis wallet to securely store your tokens. Here are some excellent options available in the UAE market.
Explore all 6 staking rewards available in the UAE market.Platform Cryptocurrency Staking rewards in the UAE Uphold Oasis (rose) Up to 1.8% APY Bitpanda Oasis (rose) Up to 3% APY RockX Oasis (rose) Up to 10.21% APY 3. Delegate Your rose in the UAE
We recommend utilizing a staking pool when staking rose. It’s more straightforward and quicker to get started. A staking pool consists of a group of validators who pool their rose, increasing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
4. Begin Verification
You will need to wait for your deposit to be confirmed by your digital wallet. Once it's confirmed, you will automatically validate transactions on the Oasis network. For these validations, you will be rewarded with rose.
What to Consider in the UAE Market
In the UAE, it's important to factor in transaction and staking pool fees when engaging in cryptocurrency activities. Additionally, you may experience a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.
Recent Developments
Oasis (rose) is currently priced at $10.21 with a 24-hour trading volume of $7.86M. The market cap of Oasis stands at $219.26M, with 6.73B rose in circulation. For those looking to buy or trade Oasis, Uphold offers avenues to do so securely and efficiently
- Market capitalization
- $219.26M
- 24-hour trading volume
- $7.86M
- Circulating supply
- 6.73B rose