How to Buy The Graph (GRT) in Australia

1. Choose a crypto exchange

First things first, you need an exchange that both has The Graph, and is trustworthy!

You can find our top 3 exchanges for buying The Graph here, alternatively you can also check our comparison of the best Australian crypto trading platforms if you’re generally interested in seeing which exchanges work for Australians.

2. Sign up with the crypto exchange

Once you’ve chosen your crypto exchange, it’s just a matter of signing up and getting your account verified. Most exchanges have streamlined this process very well so it shouldn’t take long.

3. Fund your account

The next step is to transfer AUD or another cryptocurrency into your account. Most top crypto exchanges offer various payment methods. From bank transfer to PayID, POLi pay and credit cards, it’s very straightforward.

4. Buy The Graph

And of course, the final step is to find The Graph on the exchange and buy it. A lot of exchanges offer different ways of buying cryptocurrencies, like market orders and limit orders.

Where to Buy The Graph (GRT)

ExchangeRatingAvailable CryptocurrenciesFeesVisit Site
Swyftx Logo5/5350+0.6%VISIT SITE
Binance Logo4.5/5300+0.1%VISIT SITE
Digital Surge Logo4/5200+VariesVISIT SITE

How to Sell The Graph

  1. Sign into the exchange
  2. Find where you stored your The Graph, either on a hardware wallet or on the exchange.
  3. Transfer your The Graph to the right place on the exchange, it could just be the same wallet or a dedicated trading account.
  4. Sell The Graph.
Businessman looking at crypto trend

Considerations when looking to buy The Graph.

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.

On 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 successfully concluded a public GRT Sale that was attended by 99 countries (not the U.S.).

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.