How to buy GRT coins? A complete tutorial on GRT currency exchange buying and selling

Graph is a decentralized data indexing protocol that helps users index and query data in blockchain and storage networks, and allows users to create or publish their own index data through open APIs. GRT currency is The native token in the network. There are actually four main types of participants in the Graph network, namely users, indexers, managers and delegators. Indexers, managers and delegators all need to pledge GRT tokens to use the Graph network.

How to buy GRT coins?

You can purchase it through exchanges where GRT coins are listed. Currently, GRT coins have been listed on 35 exchanges, including many well-known exchanges, such as Binance Exchange and Eureka. The following will be traded on Binance Let’s take an example to introduce the GRT coin buying and trading tutorial:

1. Log in to Binance’s official website, click [Register with mobile phone number or email] to enter the registration page

2. Click your email on the left side of the registration page (QQ, NetEase 163, Sohu Mail are recommended), enter your personal email address and password, and click to create a personal account

3. Go to the security verification pop-up window, complete the puzzle for security verification, and enter the number in the email verification Verification code, click submit

4. Log in to your Binance account, click on the market on the homepage, and enter the market page

5. Search for the currency abbreviation GRT in the search box on the right

6. Click the transaction button on the right to enter the transaction page

7. Fill in the purchase quantity and click Buy. If it is selling, fill in the selling amount and click Sell.

Is GRT coin worth investing in?

GRT coin is worth investing in. Although the return on investment of GRT coin is only 257.67%, GRT coin is currently listed on 35 exchanges, including well-known exchanges such as Binance, OKX, and Huobi. From this, you can This shows that GRT currency has not been abandoned by the market.

The daily turnover has reached 63 million US dollars. Compared with the daily turnover of 30 million US dollars at the beginning of the month, the liquidity has been significantly improved, and investors will trade faster.

GRT is a work tool token that coordinates data providers and consumers. GRT serves as a tool to coordinate data providers and consumers within the network and incentivizes protocol participants to organize data effectively. Indexers are the backbone of Graph. They operate independent hardware and software that power Graph’s decentralized network. Indexers provide data to consumers based on subgraph instructions.

Graph is designed with multiple consumption mechanisms to offset new token issuance. Approximately 1% of the GRT supply is spent each year through various activities on the network, and this number has been increasing as network activity continues to grow. These spending activities include a 0.5% delegation tax whenever a delegator delegates GRT to an indexer, a 1% curatorial tax when a curator signals on a subgraph, and a 1% blockchain data query fee.

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