Where to Buy Oasis Network (ROSE) Crypto (& How To): Guide 2022

Ledger Nano X - The secure hardware wallet
Where to Buy Oasis Network (ROSE) Crypto (& How To): Guide 2022
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Oasis network is a leading privacy-focused and scalable smart contract platform that seeks to engender a mass adoption of Web3. The platform enables the development of decentralised solutions that promote data privacy and user confidentiality. Given the growing call for the privacy of transactions by users, an understanding of how to buy Oasis (ROSE) would help investors who value their anonymity while online.

In this guide, we will explore the Oasis network, exchanges that offer trading support for ROSE, and how to buy the ROSE token with low fees.

Where to Buy Oasis Network ROSE

As one of the most high-profile alt-coins, ROSE is available on several exchanges for interested investors. We have highlighted the best platforms to buy Oasis. Here are our top picks:

Binance: Largest Crypto Exchange with Low FeesCoinbase: Highly Regarded and Easy to Use for BeginnersKucoin: Long Established Exchange With Lots of ListingsBitfinex: Well Established & Trusted Exchange

Ledger Nano X - The secure hardware wallet

Binance ReviewBinance: Reputable Exchange with High Liquidity

Binance is the largest cryptocurrency trading exchange in daily trade volumes. The exchange offers investors full access to trade over 600 crypto assets.

The renowned platform also features a well-detailed learning curve and advanced trading tools that support well-experienced traders and investors looking to learn how to buy different cryptos. Although Binance features a user-friendly interface that facilitates a great user experience, it is more suited for well-experienced traders.

Read: Our Full Binance Review Here

Binance has a minimum deposit of $10. This enables investors to kickstart their investing journey with low fees. Investors can also initiate deposits through seamless payment methods like wire transfers, credit/debit cards, peer-to-peer (P2P) payments, and other e-wallet solutions.

Binance Website
Binance Website

Binance deposits come with a fee that varies based on the payment method used. For instance, the global exchange charges a standard fee of up to 4.50% for all deposits made with a debit/credit card.

All investors enjoy very low fees when trading on Binance, as it charges a standard trading fee of 0.1%. For investors that buy using Binance token (BNB), a discount of 25% on trading fees will be applied.

In addition, investors can rest assured that their funds and data are well protected whenever they trade on Binance. The broker features top-notch security measures like two-factor authentication (2FA), cold storage to keep most coins, whitelisting, and advanced data encryption to protect funds and data. Binance functions effectively in over 100 countries and has a spin-off regulated platform (Binance.US) that tends to US-based traders and investors.

Pros

Trading fees at 0.01%High liquidityWide range of payment methods600+ crypto assets in library

Cons

Interface is suited for advanced tradersUS-based customers cannot trade most coins via its subsidiary

Coinbase ReviewCoinbase: Simple & Easy to Use Exchange

Coinbase is also a great option for investors looking for how to buy the crypto seamlessly. The US-based crypto trading platform enables users to buy, sell, and stake cryptocurrencies with zero complexity.

Coinbase integrates a user-friendly interface that simplifies crypto trading. The crypto trading platform supports well over 10,000 blockchain-based assets.

Read: Our Full Coinbase Review Here

The exchange’s signup and verification process take less than 10 minutes. For traders looking to invest easily, Coinbase is a great alternative to Binance.

Coinbase has a minimum deposit of $2, the lowest minimum deposit in the market presently This exchange also offers a wide range of deposit methods like automated clearing house (ACH), Wire transfer, debit card, and e-wallet solutions, as well as cashouts in local currencies like USD, GBP, and EUR. Coinbase charges up to 3.99% for debit card deposits.

Coinbase Website
Coinbase Website

Investors enjoy a 4% cash back reward whenever a Coinbase debit card is used for crypto purchases.

For fees, Coinbase charges a competitive fee of 0.5% – 4.5% depending on the payment method, cryptocurrency type, and transaction sizes.

Coinbase has evolved from a traditional exchange to a versatile platform with great services dedicated to retail and institutional investors, such as an in-built exchange wallet, self-issued cash back visa card, staking, derivatives, asset hubs, ventures, and many more.

Furthermore, Coinbase has in-built security practices like 2FA verification as an added security layer to investors’ usernames and passwords, crime insurance that secures digital assets from theft and fraud, and many more.

Also, Coinbase is licensed by the Securities and Exchange Commission (SEC) and regulated by top financial authorities like Financial Conduct Authority (FCA), Financial Crimes and Enforcement Network (FinCEN), and the New York State Department of Financial Services (NYSDFS).

Pros

Beginner-focusedLicensed and reputable platformInsurance in case of hacksLow minimum deposit

Cons

High fee compared to competitorsNo credit card deposits for US customers

KuCoin: Exchange With Lots of Listings

KuCoin is one of the world’s oldest and most popular crypto exchanges. The Seychelles-based broker is one of the most notable names in the market for traders who desire access to derivatives products to speculate in the market.

Currently, KuCoin provides access to over 600 cryptocurrencies. Besides trading and investing, the exchange allows investors to save, stake crypto, and even participate in Initial Exchange Offerings. With KuCoin, investors have an all-encompassing crypto hub.

Read: Our Full Kucoin Review Here

Like many brokers in its class, KuCoin could appear too overwhelming for beginners. The exchange is more suited for advanced traders who want to speculate and trade sophisticated products. So beginners might have some difficulty making use of it.

Despite this, investors could gain many benefits from trading with KuCoin. The broker has a low minimum balance of $5, with deposits available via major fiat currencies, peer-to-peer (P2P) transfers, and a few credit card options.

Kucoin Homepage
Kucoin Homepage

As for trading fees, KuCoin users pay 0.1% in fees. But the fees could decrease based on an investor’s 30-day trading volume and ownership of the company’s KCS token.

Security on KuCoin is also impressive. The system uses bank-level encryption and security infrastructures to protect users’ coins and data. KuCoin also has a specialized risk control department to enforce strict data usage policies.

Pros

Discounts available on trading feesExtensive staking functionalitiesQuick P2P trading systemAnonymous trading availableLow minimum balance

Cons

Bitfinex ReviewBitfinex: A Trusted Exchange

Based in Hong Kong, Bitfinex is owned and operated by iFinex Inc – a financial services company that also owns Tether Limited, the issuer of the USDT stablecoin. The broker is popular for having one of the most liquid order books in the market, ensuring that users looking to buy and sell crypto have no trouble getting it done.

Like many other top brokers, Bitfinex offers a versatile platform for anyone looking to enter the crypto market. Investors can buy and trade crypto, stake cryptocurrencies, and lend their coins to earn returns.

Read: Our Full Bitfinex Review Here

Ease of use is impressive on Bitfinex, with the broker combining an intuitive platform with a low deposit threshold. Deposits on Bitfinex can be made through direct crypto transfers, wire transfers, and card payments. Card payments are processed through a third party, so investors might have to pay more fees.

Bitfinex Website
Bitfinex Website

Besides its trading interface, Bitfinex provides easy access to services like margin trading, derivatives offerings, and lending. Investors looking to make high-volume purchases can use Bitfinex’s OTC trading service, while those looking for low-risk gains can use the broker’s staking protocol.

Bitfinex uses a maker-taker fee structure for its trades. The fees range between 0% and 0.2%, with fees reducing as investors’ order volumes increase. Also, the exchange doesn’t charge any fees for large orders through its OTC desk. Bank wires incur a 0.1% fee for deposits and withdrawals – although expedited withdrawals carry a charge of 1%. Crypto withdrawals incur a small fee, depending on the coin being withdrawn.

The exchange protects user funds and data using 2FA, advanced API key permissions, and the storage of 99% of funds in cold storage.

Pros

Easy-to-use interfaceImpressive staking protocol for PoS coinsHighly liquid order bookHigh leverage for derivatives tradingUnlimited withdrawals

Cons

Higher costs for card transactions

What is Oasis (ROSE)?

Launched in 2018, Oasis is a new-generation blockchain focused on preserving privacy and user confidentiality.

With blockchains becoming more traceable, many industry purists have criticised the lack of privacy in the market. The Oasis Network offers a solution by providing a privacy-centric blockchain that will support a decentralised data economy and seamless open finance. At the same time, Oasis is also looking to be a hub that allows developers to build scalable decentralised applications (dApps).

The Oasis Network is built on the Cosmos Software Development Kit (SKD). This means that it will eventually be able to connect to the broader ecosystem of Cosmos-based blockchains once the latter’s Inter Blockchain Communication (IBC) protocol launches.

Oasis Network is the leading privacy-enabled and scalable layer-1 blockchain network to propel Web3 forward
Oasis Network is the leading privacy-enabled and scalable layer-1 blockchain network to propel Web3 forward

The network’s privacy features create a new type of asset called “tokenised data”, allowing users to control the data they generate and earn staking rewards for ROSE – Oasis’ network token. By supporting the functionality of confidential smart contracts, Oasis ensures that data is kept private while transactions are being processed.

ROSE is the native token for the Oasis Network. It launched in November 2020. The crypto asset helps to process transaction fees on the network. It can also be used for delegation on Oasis’ consensus layer and staking by validator nodes on the platform.

Oasis (ROSE) Wallets

Storing your crypto asset is as important as investing in it. Since they are digital assets, your choice of storage is quite streamlined to only a few. Below, we review the most popular crypto wallets available and the best ones to use.

Software Wallet

Hot wallets, also called software wallets, are one of the most popular cryptocurrency storage options. They are always online, hence the affiliation with the ‘hot’ tag. Investors can easily get a hot wallet once they open an account with a crypto exchange. This allows them to store and manage their private keys, which prove their ownership of their assets to the blockchain network. Hot wallets are usually more convenient for everyday crypto transactions and can be custodial or non-custodial.

Hot wallet
Hot wallet

A custody wallet is responsible for storing assets to an exchange or a third-party platform. The user only places an order for a transfer or receipt, and the exchange signs off on the transaction, much like the traditional banking system. Meanwhile, a non-custodial or self-custody wallet gives the full responsibility to the end-user.

Hot wallets are usually free, but they are largely considered less secure due to their constant internet connectivity. An instance of a hot wallet is the Binance Wallet.

Hardware Wallet

A Hardware wallet is a device which has been created to provide an extra layer of security when interacting with your various cryptocurrency wallets.

Normally you would use your private key to move funds, the problem is though, if your computer has been compromised with malware or a virus, it is possible for your private keys to be captured and used to steal your funds.

Cold wallet
Hardware wallet

With a hardware wallet, the private keys are stored on the device and never exposed to your computer, which means even if you are infected with such a program your private keys will remain safe. These options are safest way to store your crypto if you have more than a small amount.

Popular examples of cold storage offerings are the Ledger and Trezor line of hardware wallet solutions, read our reviews:

Mobile wallet

A mobile wallet is essentially a hot wallet on a smartphone device. They offer users an even more convenient way to use their coins for daily activities. Mobile wallets store and manage users’ private keys while enabling them to pay for things they love with their digital assets.

Mobile wallet
Mobile wallet

These wallets are usually free and always online for transactions to be processed. Popular mobile wallets are eToro Money Wallet and Coinbase Wallet.

Desktop wallet

A desktop wallet is a PC version of a hot wallet. It is essentially software that an investor downloads into their personal computer or laptop for easy interaction with their digital coins. They also offer a browser extension which allows users to interact using an extension instead of downloading the entire software. Desktop wallets are also hack-prone due to their online nature. A popular example is the Exodus Wallet.

Paper Wallet

The paper wallet is arguably the oldest form of crypto wallet. They are no longer common in the modern crypto industry. It contains users’ public and private keys. The paper wallet is the least secure type of wallet as it can easily be lost, stolen, or torched.

Our recommended top crypto wallet to store the ROSE crypto is Binance Wallet. The digital wallet allows the storage of well over 600 coins and is user-friendly by design. Users can send and receive coins from friends, colleagues, and customers for services rendered.

The Binance Wallet
The Binance Wallet

Another impressive feature of the Binance wallet is the low fees investors can enjoy when holding the Binance Coin (BNB) token. Users also access Binance’s services and apps for digital asset browsing and purchases.

Binance Wallet is also secure. It offers two-factor authentications, a 12-word backup recovery phrase, and address whitelisting.

How To Buy Oasis ROSE

Let’s consider how to buy Oasis (ROSE). Binance is our top exchange, so follow these steps to complete a ROSE purchase on Binance:

After exploring where to buy and the coin’s use cases, the next thing is to explore how to buy it for your portfolio. Binance is our recommended exchange, so we’ll explore how to purchase the asset using Binance.

Step 1: Sign Up

Go to the Binance home page and click on “Register”.

Binance signup
Binance signup

Binance allows investors to register using their mobile phone, email address, or Google account. Most users choose the first two options and provide their phone numbers, emails, and desired passwords. A link will be sent to their registration channel of choice, and investors can click on it to authenticate their accounts.

Step 2: Verify Your Identity

Like many other regulated brokers, Binance requires that investors verify their identity before commencing their purchase.

To complete the process, visit the “Identification” tab. Investors will have to share personal information, their proof of residence, and a government-verified means of identification. This process should take no more than a few minutes to complete.

Step 3: Deposit Your Funds

Next, investors will have to deposit into their Binance wallets. The exchange makes deposits possible using payment processors, wire transfers, bank deposits, and direct crypto transfers. And its required minimum deposit is $10.

Deposit on Binance
Deposit on Binance

To make a deposit, go to the “Payment” section and click “Add a new payment method” to enter payment details. Alternatively, investors can click the “Buy Crypto” button to select a payment method and complete their transfer.

Step 4: Buy

With a funded wallet, investors are ready to make a your purchase. Head to the “Buy Crypto” section and enter the desired amount. Click on “Continue” after reviewing the terms, and the wallet should be updated immediately.

Buy ROSE

Once your wallet is funded, you can proceed to buy Oasis (ROSE). Go to the “Buy Crypto” section and enter the desired purchase amount. Review the terms of the purchase and click on “Continue”.

Conclusion

The Oasis network is one of the leading solutions in Web3. It seeks to create a robust, powerful, and user-friendly platform where Web3 services can be accessed easily.

In this guide, we have extensively reviewed the best platforms for users to trade ROSE crypto and provided steps on how to buy Oasis (ROSE). Our top pick is Binance due to its deep liquidity, low fees, powerful trading tools, and strong security.

Oasis ROSE FAQs

How do I invest in Oasis Labs?

Investors can easily buy the ROSE token to invest in Oasis Labs. To buy the coin, they are to create a free account on our top recommended platform and fund their account with a minimum of $10.

How do you get a Rose Oasis?

Traders can purchase a ROSE coin from one of our top platform picks. They can do this in four steps: sign up for a free account, verify their ID, make the minimum investment, and buy ROSE crypto.

Is Oasis network a good buy?

Yes, the Oasis network is one of the new generation protocols working on the mass adoption of a decentralised economy. Given its focus on data privacy and user confidentiality, the protocol allows users to retain full control of their finances and investments without any oversight. Coupled with the low cost of transacting on the platform and its high throughput, this makes it a good investment choice for new and advanced investors.

How do you buy crypto $Rose?

Investors can easily buy $ROSE on BInance. Register for an individual account, verify an ID with either a driver’s license or official passport, deposit a minimum of $10, and buy $ROSE.

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