The Graph is an open-source DLT (Distributed Ledger Technology) protocol that was created with the goal of collecting blockchain data without the assistance of third parties. The protocol is used as a global API for organising, indexing and querying data, processed through the GraphQL programming language. The Graph crypto is used in the DeFi space, as it enables network participants and developers to use public and open APIs for building decentralized applications (dApps).
The Graph coin is GRT, an ERC-20 token, which cannot be mined as it operates on a proof-of-stake mechanism. GRT can be staked by delegators in return for rewards. Network participants and developers can also use their GRT tokens to pay to create and use subgraphs, while consumers can pay network participants using Graph as a gateway.
How To Buy The Graph or Add it to your Strategy
The fastest, most convenient way to purchase The Graph is to purchase it on ICONOMI. We check The Graph live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy The Graph by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if The Graph is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy The Graph, we recommend you read the next section, as copying might be a better approach.
Add The Graph to your portfolio by copying a Strategy
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have The Graph in their structure.