How to Stake Oasis (rose)

Introduction

Staking Oasis 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 overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for South African Investors

1. 1. Acquire Oasis (rose) Tokens

   To stake Oasis, you first need to acquire it. To obtain Oasis, you'll need to buy it. You can select from these popular exchanges available in South Africa.

   Platform	Mint	Cost
   PrimeXBT	Oasis (rose)	0,01
   Uphold	Oasis (rose)	0,03
   Bitmart	Oasis (rose)	0,03
   CoinList	Oasis (rose)	0,04
   FMFW.io	Oasis (rose)	0,01

   View all 8 prices

2. 2. Select a Oasis Wallet

   Once you have rose, you'll need to choose a Oasis wallet to store your tokens securely. Here are some solid options to consider.

   Platform	Mint	Staking rewards in South Africa
   Uphold	Oasis (rose)	Up to 1,8% APY
   Bitpanda	Oasis (rose)	Up to 3% APY
   RockX	Oasis (rose)	Up to 10,21% APY

   View all 6 staking rewards available

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 collective of validators who combine their rose, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Start Validating

   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 Oasis network. You'll be rewarded with rose for these validations.

What to Keep in Mind

There are transaction and staking pool fees you need to take into account. Additionally, there may be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this process can take some time.