Oasis (ROSE) is the 168th largest cryptocurrency by market cap, valued at US$524,371,569.
Oasis is a highly volatile asset capable of major price swings in a single day. Today ROSE is trading for $0.077918 USD, which is higher than yesterday's trading price of $0.0748015577 USD. Over the past year, Oasis's price has seen an increase of 11%.
So before you buy Oasis, make sure you understand these unique risks as well as its legal and tax status here in
Australia.
If you're ready to get started, read on for step-by-step instructions on how you can use to buy Oasis.
This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.
How to buy Oasis in 5 steps
The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.
Compare crypto exchanges
The easiest way to buy Oasis is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
Create an account
To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
Make a deposit
Once verified, you can deposit AUD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
Buy Oasis
You can now exchange your funds for Oasis. On beginner-friendly exchanges, this is as simple as entering the AUD or ROSE amount you want to purchase and clicking "buy".
Secure your Oasis
Consider transferring your ROSE to a personal crypto wallet to protect against some of the risks of keeping it on an exchange, such as hacks, scams or platform bankruptcy.
Where to buy Oasis in
Australia
Find an exchange to buy, sell and trade ROSE by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.
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How we keep this Oasis guide up-to-date
ROSE price data is regularly updated through data feeds so you always have the latest information.
What is Oasis?
The Oasis Network is primarily a blockchain platform that puts special emphasis on privacy and individual data security. It makes use of digital architecture that enables it to process high transaction volumes while remaining entirely scalable when the need arises, making it ideal for various DeFi-related purposes.
Oasis enables the creation of new types of digital asset sets called “Tokenized Data”, allowing you to take complete control of your personal info as well as all of the rewards that are associated with it, fostering the development of a “responsible data economy”.
ROSE is the native token associated with the Oasis Network. It has a total fixed cap of 10 billion tokens. ROSE tokens can be used for the payment of transaction fees, staking, delegation and other similar functions.
How do I find the best places to buy Oasis?
Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in
Australia to help you choose the one that's right for you.
Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.
What will I need to buy Oasis?
To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.
An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Oasis.
This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing ROSE with your local currency then you will need to pass KYC.
Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.
What are the best ways to buy Oasis?
Once you've created an account, you will need to deposit funds to buy ROSE with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy ROSE:
Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
Cryptocurrency: You can usually purchase ROSE by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for ROSE on the spot market to see what cryptocurrencies it can be traded for.
What is the easiest way to buy Oasis?
The easiest way to buy ROSE is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.
Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.
Before buying ROSE, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Oasis has been performing recently.
Best Oasis wallets to store your ROSE
You can keep your ROSE on the exchange you purchased it on, or move it to a personal wallet:
Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your ROSE below.
November 2021: Oasis Network has introduced a $160 million Oasis Ecosystem Fund. The funds are intended for DeFi, NFT, tokenisation and Metaverse projects and will help founders and projects build on the network.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.
Is Oasis a good investment?
Consider the following before buying ROSE:
Unique operational design: The Oasis Network is designed to leverage several niche' privacy-based computing modules — such as secure enclaves — that can help in maintaining the confidentiality of one's data at all times. Furthermore, the network is scalable and allows for fast transaction times while allowing for high data throughput.
ParaTime Layers: The platform makes use of a technology called 'ParaTimes' which basically allows for data to be stored and maintained within the ecosystem in a highly private manner. Not only that, the technology also allows for thousands of smart contract transactions per second (TPS) to take place simultaneously.
Established team: The Oasis Network team consists of highly touted individuals — including founder and CEO Dawn Song and COO Anne Fauvre — who have previously worked for various big name tech firms including Apple, Google, Amazon, Goldman Sachs, etc.
Completely open source: The Oasis Eth/WASI Runtime is open source based and can be seen as a prime example of how the integrity of any type of data can be maintained seamlessly even when it is being used for processing real-time transactions.
Today's Oasis price versus ATH
Compare today's price of Oasis ($0.077918 USD) against its all-time-high price of $0.597347 USD on 15 January 2022. The closer the bar is to 100%, the closer ROSE is to reaching its ATH again.
Oasis's price: $0.077918 USD ATH date: January 15, 2022
13.04%
Oasis ATH: $0.597347 USD
How to trade, convert or sell Oasis
You can convert or sell your ROSE with the same exchange you bought it through:
Disclaimer: Cryptocurrencies, including Oasis, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of ROSE is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Oasis or any other cryptocurrency discussed.
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