In the broader context of the Cosmos ecosystem, where OSMO is the native token of Osmosis, stOSMO is a versatile asset, offering the benefits of DeFi engagement alongside a 8.34% staking reward.
How to Buy stOSMO on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing stOSMO. Some reputable platforms include HTX、Bybit、Bitget, and others.
Step 2: Register an Account
Here, we'll register an account on the Bybit(registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing stOSMO.
Step 5: Purchase stOSMO
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of stOSMO you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy stOSMO.
Step 6: Store Your stOSMO
After purchasing, you can choose to store your stOSMO in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and stOSMO assets, be sure to use a strong password and enable two-factor authentication.
stOSMO Price:Stride is a blockchain that provides liquidity for staked tokens ("stake derivatives"). You can use Stride to liquidly stake your tokens from any Cosmos chain. With Stride, you can earn staking rewards and DeFi income within the Cosmos IBC ecosystem.The price fluctuates daily, you can go to the exchange: Bybitto check the price.
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