Last update: Jun 6, 2022

How to Buy The Graph (GRT)

So you’re looking for a guide on how to buy The Graph. Depending on where you live, you’ll have a few cryptocurrency trading platforms to choose from.

In this guide, we not only cover the top 3 global crypto trading platforms, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

How to Buy The Graph – 4 Easy Steps

1. Choose a crypto exchange

Finding a crypto exchange isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have The Graph of course.

2. Sign up with the cryptocurrency exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger cryptocurrency exchanges.

4. Buy The Graph

Now that you have what you need to buy The Graph, head over to the market or buy section of the crypto exchange and buy some GRT.

If the crypto exchange doesn’t have any The Graph on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has The Graph first), and trade your Ethereum for The Graph.

Where to Buy The Graph (GRT)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell The Graph

1. Sign into the crypto exchange where you bought The Graph.
2. Move your The Graph to the right place on the cryptocurrency exchange. Some exchanges have trading accounts you need to use for buying and selling.
3. Sell The Graph.

 

How to Buy The Graph (GRT) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy The Graph in Australia, the process remains the same:

1. Find a crypto trading platform below.
2. Sign up for an account.
3. Fund your account with AUD.
4. Buy The Graph if it’s available. If the exchange doesn’t have The Graph. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has The Graph), and trade your ETH for The Graph.

Alternatively, if you want to learn more about the exchanges we recommend, look at our comparison of the bitcoin exchanges in Australia.

How to Buy The Graph (GRT) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy The Graph in Canada, the process remains the same:

1. Find a crypto trading platform below.
2. Sign up for an account.
3. Fund your account with CAD.
4. Buy The Graph if it’s available. If the exchange doesn’t have The Graph. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has The Graph), and trade your ETH for The Graph.

Also, check out our comparison of the bitcoin exchanges in Canada if you’re looking to learn more about which exchanges we would recommend.

How to Buy The Graph (GRT) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy The Graph in the UK, the process remains the same:

1. Find a crypto exchange below.
2. Sign up for an account.
3. Fund your account with GBP.
4. Buy The Graph if it’s available. If the exchange doesn’t have The Graph. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has The Graph), and trade your ETH for The Graph.

Or, if you’d like to know more about which exchanges we prefer, read our comparison of the best platforms to buy cryptocurrency in the UK.

Considering buying The Graph? GRT Rundown

The Graph is an indexing protocol that allows you to query data from networks such as IPFS and Ethereum. It powers many applications within both DeFi and the wider Web3 ecosystem. Open APIs can be created and published by anyone. These subgraphs can be accessed using GraphQL to retrieve the blockchain data. A hosted service is available that allows developers to start building on The Graph. The decentralized network will also be launched later in the year. The Graph supports indexing data from Ethereum and IPFS, as well as POA. More networks will be added soon.

Over 3,000 subgraphs have been deployed to date by thousands of developers for DApps such as Uniswap and Synthetix. The graph usage is growing at more than 50% per month and reached over 7 billion queries in September 2020.

As of October 2020, the Graph has a worldwide community that includes over 200 Indexer Nodes on the testnet and more then 2,000 Curators in its Curator Program. The Graph received funds from strategic VCs, community members, and prominent individuals in the blockchain community, including Coinbase Ventures. The Graph Foundation has also completed a successful public GRT Sale, which was attended by 99 countries (not the U.S.). The Graph has raised $25M to date, as of November 2020.

The Graph works to bring reliable, decentralized public infrastructure to mainstream markets. Participants use Graph Tokens (GRT) to ensure the economic security and integrity of The Graph Network's data. GRT is a work token which is held by Indexers, Curators and Delegators to enable them to index and curate the network.

GRT, an ERC-20 token that will be available on the Ethereum blockchain, can be used to allocate resources within the network. The amount of work performed and the stake they have in GRT can impact the income earned by Active Indexers, Delegators and Curators. Indexers receive query fees and new issuance, while Curators get a portion of the query fees for subgraphs that they signal on. The income earned by an Indexer is shared with the delegated Delegators.

Related:

• How to Buy Tezos (XTZ)
• How to Buy The Sandbox (SAND)