How to Stake Rose Finance (ROSE)

Introduction

Staking Rose Finance can be an excellent choice for those looking to hold ROSE while earning APY in a secure manner and supporting the network. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for Italian Investors

1. 1. Acquire Rose Finance (ROSE) Tokens

   To stake Rose Finance, you must first acquire it. To obtain Rose Finance, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   Coinbase	Rose Finance (ROSE)	0,01 APY
   Azbit	Rose Finance (ROSE)	0,01 APY
   CoinEx	Rose Finance (ROSE)	0,01 APY
   Hotcoin	Rose Finance (ROSE)	0,03 APY
   Kucoin	Rose Finance (ROSE)	0,01 APY
   MEXC Global	Rose Finance (ROSE)	0,01 APY

   Check out all 11 prices

2. 2. Select a Rose Finance Wallet

   Once you have ROSE, you'll need to select a Rose Finance wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.

   Piattaforma	Criptovaluta	Staking rewards
   Kucoin	Rose Finance (ROSE)	Up to 3% APY

3. 3. Delegate Your ROSE

   We recommend using a staking pool when staking ROSE. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their ROSE, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Begin the Validation Process

   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 Finance network. For these validations, you'll receive rewards in ROSE.

What to Consider in Italy

When engaging in staking, it's important to factor in the transaction and staking pool fees. Additionally, you may encounter a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time.