How to Stake Rose (ROSE) in Australia

Introduction

Staking Rose can be a great option for those who want to hold ROSE while earning yield safely and contributing to the network. The steps may seem daunting, especially the first time you attempt them. That's why we've created this guide for you.

Step-by-Step Guide

1. 1. Obtain Rose (ROSE) Tokens

   To stake Rose, you need to own it. To obtain Rose, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Cost
   Binance	Rose (ROSE)	0.01
   BingX	Rose (ROSE)	0.09
   Bitget	Rose (ROSE)	0.01
   Bitpanda	Rose (ROSE)	0.1
   Bybit	Rose (ROSE)	0.01
   Gate.io	Rose (ROSE)	0.01

   See all 16 prices

2. 2. Choose a Rose Wallet

   Once you have ROSE, you'll need to choose a Rose wallet to store your tokens. Here are some great options.

   Platform	Coin	Staking returns
   Binance	Rose (ROSE)	Up to 1.8% % p.a.
   Bitget	Rose (ROSE)	Up to 4.5% % p.a.
   MyCointainer	Rose (ROSE)	Up to 10.3% % p.a.

   View all 4 staking rewards

3. 3. Delegate Your ROSE

   We recommend using a staking pool when staking ROSE. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ROSE, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Begin Validation

   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 Rose network. You'll be rewarded with ROSE for these validations.

What to Be Aware Of

There are transaction and staking pool fees to consider. Additionally, there may be a waiting period before you start earning rewards. The staking pool needs to generate blocks, which can take some time.