What is The Root Network (ROOT)?
The Root Network (ROOT) is more than just a blockchain; it's a foundational layer for the open metaverse, designed to facilitate seamless user experiences and asset interoperability. This Layer 1 blockchain ensures the integrity of its ledger, validates transactions, and executes smart contracts. It supports Solidity smart contracts through an integrated EVM, enabling Ethereum-compatible operations. The Root Network also allows for the creation and exchange of digital assets across various metaverse applications. Importantly, it has a built-in digital collectibles protocol, negating the need for deploying smart contracts for creating collectibles. Additionally, ROOT community members can run nodes or stake ROOT, contributing to the network’s infrastructure and security. The network has integrated XRP for use in smart contracts and as its default gas token. This integration facilitates the use of XRP and other XRPL tokens on The Root Network, enhancing its interoperability with the XRPL ecosystem.
The ROOT price is influenced by a combination of market sentiment, technical indicators, and the network's strategic developments. Current sentiment for ROOT is neutral, with an equal division between bullish and bearish indicators. The Fear Greed Index, a measure combining various market indicators, including social media activity, stands at 69, indicating 'Greed'. This suggests that investors are currently inclined towards a positive outlook on the market. However, it's crucial to note that this sentiment can be subject to rapid changes, influenced by news, social media mentions, and broader market trends. Recent developments like the introduction of XRP rewards for validators and stakers on the Root Network, and the network's initiative to address interoperability issues between the XRP Ledger and Ethereum Virtual Machine (EVM), have likely contributed to this sentiment. These advancements, particularly the integration with XRPL's decentralized exchange (DEX), potentially foster a more dynamic liquidity ecosystem, thereby impacting ROOT's market perception and price.
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Simple 3-step guide to buying ROOT today in United Arab Emirates
Create your free Bitget account
Select a funding method
Complete your The Root Network purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for The Root Network using a payment method of your choice:
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For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your The Root Network order.
How to buy crypto with credit/debit cardBuy The Root Network with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into The Root Network is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your The Root Network order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your The Root Network order.Buy The Root Network with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your The Root Network order.P2P trading
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The United Arab Emirates (UAE) was established in 1971, and we just celebrated the 50th anniversary of the UAE in 2021. The UAE has a population of about 10 million people, with about 10% locals and 90% expatriates from all over the world. The surface area of the United Arab Emirates is 83,000 square kilometers, which is slightly larger than Ireland and smaller than Portugal. The official languages in the United Arab Emirates are English and Arabic.
The UAE, as the name suggests, is made up of several emirates, more precisely, seven emirates. The first emirate is the most important, and it is the one of Abu Dhabi, the capital of the United Arab Emirates. This one represents 80% of the Emirates territory. The second Emirates we often hear about because it is rather the tourist capital is Dubai. The other five emirates are Ajman, Fujairah, Ras Al Khaimah, Sharjah, and Umm Al Quwain.
The time difference varies depending on the season (summer or winter). Concerning temperatures, there is also a distinction between summer and winter. During the winter, you can expect temperatures between 22 and 30 degrees. In the summer, it is much warmer, and temperatures average 35 to 40 degrees.
Acting as the national currency of the United Arab Emirates is the Dirham (AED), and with Bitget, you can purchase cryptos within minutes, no matter where you are in the United Arab Emirates. Our exchange offers secure payment options to make trading more accessible and safer than ever, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and several different credit card services.