Everything you need to know about $GRT

Current price: $ fetching data...

Contract Address: 0xc944e90c64b2c07662a292be6244bdf05cda44a7

Ticker: $GRT

Blockchain Network: Ethereum

Apr 9, 2024

What is $GRT?

The Graph (GRT) is the native cryptocurrency of The Graph network, a decentralized protocol designed for indexing and querying data from blockchains. GRT is used to incentivize participants who provide indexing and querying services, as well as to secure the network through staking. The Graph's primary goal is to make blockchain data easily accessible and searchable, enabling developers to build and operate decentralized applications (dApps) with more efficiency.

Launched in December 2020 by The Graph Foundation, The Graph addresses the challenge of retrieving and organizing blockchain data, which is often complex and fragmented. The network uses a system of indexers, curators, and delegators to create and maintain subgraphs, which are open APIs that can be queried for specific data. Indexers operate the nodes that index and serve data, curators signal which subgraphs are valuable and should be indexed, and delegators stake their GRT tokens to secure the network and earn a share of the rewards.

GRT has seen significant adoption in the blockchain and DeFi ecosystems, with a market capitalization of over $2 billion as of June 2024. It is widely traded on major cryptocurrency exchanges and is integrated into numerous dApps, enabling efficient data querying and retrieval. The Graph's ability to provide fast and reliable access to blockchain data has made it an essential tool for developers, allowing them to build more sophisticated and user-friendly applications. The widespread use of The Graph protocol and its importance in the infrastructure of decentralized applications have established GRT as a key asset in the blockchain space.

View $GRT price below. This chart visualizes the current price of $GRT to the US dollar.

Here's a step by step guide on how you can buy $GRT.

Option 1: Download Tori Wallet.

Tori is the simplest self custodial mobile wallet that allows you to access crypto opportunities. Instead of buying crypto on a centralized crypto exchange (like Kraken, Coinbase, or Crypto.com), setting up a self custody wallet (like Phantom, Metamask, or Coinbase Wallet), and the 5+ other steps with accessing the world of crypto, Tori simplifies the entire experience into one simple app.

Step 1: Setup Your Account

With Tori, you'll have to do the following:

  1. Create your account with passkeys.

  2. Upload your ID to authenticate your account.

  3. Connect your bank account.

Tori Wallet is currently available on IOS and Google Play Store, but only limited to U.S residents at the moment.

Step 2: Deposit money into your trading wallet.

Once you've connected your bank account, you're able to deposit up to $50,000 USD with no fees.

It takes approximately 1-3 days for your money to settle. From there you can start accessing the world of crypto!

Step 3: Select $GRT to trade.

Once you have money in your trade balance, you can click trade.

Select $GRT

*Token prices in the screenshots below are outdated*

Step 4: Buy $GRT.

Once you select $GRT, you can now swipe to confirm your purchase.

*Token prices in the screenshots below are outdated*

Step 5 (Optional): Sell $GRT whenever you want.

Whenever you're ready to sell, you can sell $GRT and get USDC, which you can withdraw right into your bank account.

*Token prices in the screenshots below are outdated*

Option 2: Use a centralized exchange, self-custody wallet, and DEX's.

To buy $GRT as a crypto beginner, you can follow these steps:

1.Get a crypto wallet: You'll need a cryptocurrency wallet to store your GRT tokens. There are many options available, such as Coinbase Wallet, MetaMask, or Trust Wallet. Make sure to choose a wallet that supports GRT (GRT) and the Base Chain.

2. Buy Ethereum (ETH) or USDC: You'll need to buy Ethereum (ETH). You can buy these cryptocurrencies on popular exchanges like Coinbase, Binance, or Kraken.

3. Transfer ETH or USDC to your wallet: Once you've bought ETH or USDC, transfer them to your crypto wallet. Make sure to use the correct wallet address and network (Base Chain for GRT).

4. Use a decentralized exchange (DEX): To buy GRT, you'll need to use a decentralized exchange that supports the Base Chain. One popular option is Uniswap.

5. Connect your wallet to the DEX: Connect your crypto wallet to Uniswap or the DEX of your choice.

6. Swap ETH or USDC for GRT: On the DEX, select the ETH or USDC trading pair with GRT (GRT). Enter the amount of ETH or USDC you want to swap for GRT, and confirm the transaction.

7. Store your GRT token: After the swap is complete, your GRT tokens will be stored in your crypto wallet. Make sure to keep your wallet safe and secure. Remember to do your own research and exercise caution when investing in cryptocurrencies. The crypto market is highly volatile, and prices can fluctuate rapidly.

Certain content has been prepared by third parties not affiliated with Utopia Labs Corp. or any of its affiliates and Utopia Labs Corp. is not responsible for such content. Utopia Labs Corp. is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information on content could be out-dated. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Utopia Labs Corp. makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary.

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