How to Buy Stride Staked Osmo Crypto (STOSMO)

What is Stride Staked Osmo (STOSMO)?

According to Coingecko, Stride Staked Osmo is : The stOSMO token functions as a representative of OSMO, the native token of the Osmosis Zone, a liquidity-centric hub and the most substantial chain by Total Value Locked (TVL) within the Cosmos ecosystem. Stride introduces stOSMO as its liquid staking token (LST) representative for OSMO, offering users an avenue to convert staked OSMO into stOSMO. By staking OSMO with Stride, users can earn stOSMO, which are redeemable for OSMO at a 1:1 ratio, subject to the unbonding period on OSMO. With stOSMO, users can retain liquidity in their staked tokens while also earning staking rewards. This conversion retains value and serves as a versatile asset in DeFi engagements, with an 18.19% staking reward. Stride is a multichain liquid staking zone (appchain) on the Cosmos Blockchain. Stride allows users to stake any IBC-compatible tokens, and receive stTokens in return, which are redeemable for the original token at a 1:1 ratio. By staking their tokens using Stride, users will be able to earn staking rewards, while also retaining liquidity in the form of stTokens, which will allow them to take advantage of Cosmos DeFi and pursue more yields there.

Where can I buy STOSMO Crypto?

The best website to buy Stride Staked Osmo is Simpleswap.

With Simpleswap you can buy almost every reputable token without needing to register or providing proof of identity. The process is incredibly simple and quick.

How to Buy Stride Staked Osmo on Simpleswap

To buy Stride Staked Osmo on Simpleswap, first you need to click here to access the Simpleswap App. Now, click the "Buy Crypto" tab, select your fiat currency, and then select STOSMO, just like in this example:

Once you selected the currency you want to pay in, and STOSMO, you need to paste your respective wallet address where you want to receive your STOSMO.

With Simpleswap, you'll receive your Stride Staked Osmo directly on your on-chain wallet without need to deposit and withdraw like in every other exchange.

You can now choose between Google Pay or card to complete the payment:

Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in your wallet.

Please make sure you read our Disclaimer. We are not financial advisors.