Introduction
Staking Rose can be an excellent option for those who wish to hold ROSE while earning AER in a secure manner and contributing to the network. The process may seem a bit overwhelming, particularly the first time you undertake it. That's why we've compiled this guide for you.
Step-by-Step Guide
1. Obtain Rose (ROSE) Tokens
To stake Rose, you need to possess it. To obtain Rose, you'll need to purchase it. You can choose from these popular exchanges.
View all 16 pricesPlatform Coin Price Binance Rose (ROSE) 0.03 BingX Rose (ROSE) 0.09 Bitget Rose (ROSE) 0.03 Bitpanda Rose (ROSE) 0.1 Bybit Rose (ROSE) 0.03 Gate.io Rose (ROSE) 0.03 2. Choose a Rose Wallet
Once you have ROSE, you'll need to choose a Rose wallet to store your tokens. Here are some suitable options.
View all 4 staking rewardsPlatform Coin Staking rewards Binance Rose (ROSE) Up to 1.8% AER Bitget Rose (ROSE) Up to 4.5% AER MyCointainer Rose (ROSE) Up to 10.3% AER 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, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
4. Start Validating
You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the Rose network. You will be rewarded with ROSE for these validations.
What to Be Aware Of
There are transaction and staking pool fees you need to consider. There may also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.
Latest Movements in the UK
Rose (ROSE) is currently priced at US$10.3 with a 24-hour trading volume of US$5.36. For those looking to purchase or trade Rose, Binance offers avenues to do so securely and efficiently
- 24-hour volume
- US$5.36