How to Buy the Graph Token – Beginner’s Guide

Looking to buy the Graph coin (GRT) and invest in Web 3.0? GRT is the native token for the Graph Network. This is a data indexing system serving blockchain developers like Decentraland, Uniswap and Aave. Developers use the Graph Network to build DApps (Decentralised Applications). The DApp sector is expected to be worth over $360bn by 2027.

Below we review GRT as an investment. We pinpoint where to buy the Graph crypto. We focus on one broker and three exchanges. So you stay safe, we are looking for regulated vendors with beginner-friendly options (as well as low fees). With its strong social trading options, we recommend broker eToro as the all-round best place to buy the Graph coin in 2022.

Where to Buy the Graph Coin

Below we tackle the question of where to buy the Graph crypto with a review of top broker eToro and three of the best crypto exchanges:

1. eToro – Best Broker to Buy the Graph Coin with Tight Spreads

With reputable broker eToro you can buy Graph coin for as little as $10. eToro is a great broker to use from the USA because eToro accounts run on USD — so there is no currency conversion fee when you deposit and withdraw your native currency. What’s more, from the USA you can ‘go short’ on crypto (which means you gain when the price drops, rather than rises); this is a useful option in the volatile crypto sector.

With eToro you can invest in the Graph with zero commission fees. A tight spread fee of 2.9% applies. Over 150,000 eToro investors follow the Graph price.

23m investors worldwide choose eToro to invest with. Many are crypto beginners drawn to eToro’s heavy emphasis on social trading. Social trading means you don’t have to figure out everything yourself. You can ask for help from fellow investors as well as benefit from two powerful eToro copy trading tools: CopyTrader and CopyPortfolios.

With CopyTrader, you can put some of your cash into the hands of a more experienced crypto trader and let them take the tough decisions. Choose from over 600 traders. Review their performance stats, trades and risk rating. Allocate as many funds as you want and the CopyTrader software will use this money to copy your chosen trader(s) in real-time. You can copy up to 100 traders at the same time and withdraw your cash whenever you like.

eToro’s crypto smart portfolios mean that real experts have your back. There are 8 crypto portfolios in all. Each is devised by eToro experts to deliver a particular crypto investment strategy. The Napoleon X, for example, uses AI algorithms to trade crypto pairs; this has achieved an impressive 147% return in the last 12 months. The DeFi portfolio focuses on a holding of DeFi coins and boasts 52% growth in the last 12 months.

A minimum investment of $500 applies to most of the smart portfolios. (One potential inconvenience with smart portfolios is that you cannot sell out of the portfolio position piecemeal, like you can with an Exchange-Traded Fund. You must sell your position in one go.)

Other free stuff from eToro includes a $100k demo account where you can practice crypto trading, as well as the eToro Money crypto wallet, which allows you to send, receive and exchange key crypto. Also free is the popular eToro smartphone app, which allows you to trade crypto and keep an eye on the markets whilst you are on the move.

For US citizens in particular, eToro offers the reassurance of regulation by stringent SEC and FINRA as well as registration with FinCEN. Elsewhere around the world eToro is regulated by the UK’s FCA as well as ASIC in Australia and CySEC in Cyprus.

Crypto assets are a highly volatile unregulated investment product.

2. Crypto.com – Reputable Crypto Exchange with Beginner-Friendly Mobile App

Unlike broker eToro, Crypto.com is a crypto exchange. Based in Singapore, Crypto.com is a big operation. It is the tenth-largest exchange by trading volume ($1.7bn worth of crypto traded per day according to Coinmarketcap.com). It has 3000 employees and 10m users. With this sort of backing, you get a great range of 170+ crypto that you can buy in one place, including Graph coin, Ethereum, Solana, XRP and more.

If you want to invest in the Graph swiftly and simply, Crypto.com has your back. Download the exchange’s beginner-friendly smartphone app and you can buy the Graph coin with credit card. For your first 30 days, no credit card fees apply. Thereafter, a standard credit card fee of 2.99% applies. (Note that eToro, on the other hand, charges no fee for credit card deposits).

If you want to invest in the Graph on the desktop site, you need to invest in some crypto to trade with: Tether, USD Coin, Bitcoin and Crypto.com’s native crypto CRO. Crypto.com uses a maker/taker fee schedule (like Binance), which means you will likely be charged 0.4% on transactions.

Where Crypto.com stands out is in its advanced tools and crypto finance options. You can use advanced trading orders as well as trade on margin. You can get involved in derivatives and futures contracts.

For crypto staking – which means lending your crypto out to interest – Crypto.com offers a ‘Supercharger’ option. With it, you can stake a crypto for 30 days to earn rewards without what is known as a ‘lock-in’. This gives you the flexibility to move crypto in and out, whilst still earning interest whenever your crypto is staked. Crypto loans are available too, as well as a Visa card that you can use to spend your crypto.

How about security? Crypto.com scores highly here. 100% of client crypto is held in ‘cold’ storage (ie. offline) via big-name partners Ledger. USD balances of US residents are held at Metropolitan Commercial Bank, an FDIC member and insured depository institution, and insured individually up to USD $250,000.  A $750m general insurance fund is held to reimburse any clients who suffer the unlikely fate of being hacked and stolen from.

In summary, Crypto.com offers plenty of powerful tools for the more ambitious crypto trader. But complete newbies might want to stick with highly-regulated eToro and its simple purchase options.

Crypto assets are a highly volatile unregulated investment product. 

3. Coinbase – Popular Cryptocurrency Exchange with Huge Asset Portfolio

Based out of San Francisco, Coinbase is ranked second of all crypto exchanges by Coinmarketcap.com, with a daily trading volume of over $2bn and 73m users. Coinbase is regulated in all US states where it operates, and was the first exchange to be traded on the stock markets with an IPO on Nasdaq in 2021. (You can trade Coinbase stock (COIN) on eToro).

From the US, you can buy the Graph coin with Coinbase as simply as you would with eToro. You get signed up, deposit USD in your account, find the Graph token, enter the amount you want to buy, and open the trade. Or you can make instant purchases with debit card, PayPal, Apple Pay or Google Pay. With 158+ other crypto to choose from, you can shop around too.

Coinbase scores highly when it comes to security, with 98% of client funds kept in cold storage. But a potential downside with Coinbase is the lack of simplicity when it comes to fees. The exchange charges a mixture of commission, flat fees and spread fees which can be confusing – not to mention expensive. The exchange pledged last year that a new fee system was on its way.

To US investors, Coinbase offers a special Visa card which allows you spend your crypto as if it were USD, as well as build up rewards.  You also get a free Coinbase crypto wallet. You can earn free crypto too by completing learning modules online.

Like eToro, Coinbase is set up to make things particularly easy for the crypto beginner. But it lacks eToro’s social trading options.

Crypto assets are a highly volatile unregulated investment product.

4. Binance – Leading Exchange to Buy the Graph Coin with Credit Card

Binance is the biggest crypto exchange in the world with almost $11bn worth of business done every day. Here you can buy the Graph coin (GRT) as well as 600+ other cryptos, and benefit from 0.1% maker/taker fees.

A downside of Binance is that it lacks the stringent regulation offered by eToro, and that secured by exchanges Crypto.com and Coinbase. Also, Binance can be bewildering for the beginner. To keep things simple, we recommend opting for the ‘classic’ view on the desktop version or ‘Binance Lite’ on the Binance smartphone app.

If it is choice of crypto options you are looking for, though, you are in the right place. You can buy crypto with Binance in at least 4 ways:

1. Instant buy using credit card (2% commission)
2. Depositing USD in your account and using those funds
3. Exchanging crypto you own for other crypto
4. Trading direct with other investors using P2P trading.

Numerous crypto staking options are also available with Binance. And if you buy Binance Coin, the in-house crypto, you can use it to pay for trading fees and potentially save 25% on margin/spot trading fees and 10% on futures fees.

Like Crypto.com and Coinbase, Binance offers a proprietary Visa card that you can use to spend your crypto. Unlike eToro, though, there is no social trading with Binance. But you are not completely on your own: 24/7 phone support is offered.

When it comes to security, Binance’s giant size makes it a target for hackers. But a general insurance fund called SAFU comprising 10% of all trading funds is held by Binance to support investors in the unlikely event of them getting hacked. The Binance smartphone app has got excellent ratings: 4.7/5 from 96k review on the App Store, and 4.3/5 from 570k reviews on Google Play.

Crypto assets are a highly volatile unregulated investment product.

What is the Graph?

The Graph coin (GRT) is an ERC-20 token on the Ethereum blockchain and is one of the best DeFi coins available this year. With a market capitalisation of $1.8bn, GRT is the 52nd-largest crypto.

GRT is the native token for the Graph Network, which was founded in 2018 in San Francisco, California as a tool to help blockchain developers. The Graph Network is to blockchains what Google is to internet search: it collects and indexes data, and allows developers to build APIs (Application Programming Interfaces) which can then query and use that data.

Is the Graph a Good Investment?

The Graph Network is Used to Build DApps – A Major Growth Area

The value of any crypto depends on the success of the system to which it is attached. GRT is the in-house crypto for the Graph Network. This is a developer tool used to build DApps, which is a giant growth area. The DApp global market is set to be worth $368bn by 2027, according to Emergenresearch. The Graph has competitors like Alchemy, Cardano and Covalent; so its success as a venture is not guaranteed. But it is certainly in a hot business sector.

GRT is Already In Use with Key Blockchain Players

Unlike comedy meme crypto, GRT is used in real business situations to get business problems solved. The Graph Network boasts metaverse specialists Decentraland as a client, for example. Decentraland uses the Graph Network to index land, collectibles and accessories. Liquidity specialists Uniswap are clients too, along with trading experts Synthentix Exchange and DeFi crypto Aave.

Top Graph Management Team

The Graph Network is run by an experienced team led by CEO Yaniv Tal. Team members have backgrounds working for Ethereum, Decentraland and other blockchain firms.

Major Backing for the Graph Coin

During its funding phase (2019-2021), the Graph Network attracted investment from big firms Coinbase Ventures, Digital Currency Group and Multicoin Capital. GRT is no meme coin with a price dictated by retail investors guessing and speculating; the Graph Network is a business with serious blockchain fundamentals.

Buy the Dip

GRT, with a current price around $0.40, has not been this cheap for over a year. Certainly there is no guarantee that the crypto sector will start booming again after its recent slide. But, if it does, GRT is well-positioned right now for those looking to get in at a low price.

The Graph Price

The price of one Graph coin is currently around $0.4. Since May 2021, the GRT price has fluctuated in a band between $0.5 and $1.25. Along with the rest of the crypto sector, the Graph price fell over the New Year. But GRT began to find some stability at the end of January 2022 and has levelled out. The last time GRT was this cheap was a year ago in January 2021.

The Graph Price Prediction

Analyst predictions for the Graph price vary. Everything depends on the state of the crypto sector first and foremost. Q1 2022 is expected to be a shaking-out period for crypto, with worthless coins being found out. Fortunately, the Graph coin is based on actual business at the heart of the booming DApp sector. So we expect GRT to follow Bitcoin out of the doldrums over the course of 2022, and thus present a bargain opportunity right now.

Some investors prefer to use the best crypto signals  to influence their trading strategies. Crypto signals are essentially trading ideas mapped out by cryptocurrency experts that offer buy and sell signals on specific cryptos. This means you’ll have access to expert-driven market analysis.

Ways of Buying the Graph

Buy the Graph with PayPal

You can buy the Graph with PayPal with Coinbase. With Binance, you can use PayPal for P2P trading. With Crypto.com, you can use PayPal to top up your Crypto.com Visa card.

Buy the Graph with credit card or debit card

You can buy the Graph with credit card via Crypto.com and Binance. Coinbase accepts debit card purchases from the US. With eToro, you can use either a credit or debit card to charge your account and then buy the Graph coin (GRT); it takes seconds and, unlike its competitors, no card commission fee is charged.

Best the Graph Wallet

With broker eToro, you do not need a crypto wallet at all to buy the Graph coin. You can simply deposit funds, buy GRT and eToro will hold it for until you want to sell it. We do, though, recommend the eToro Money crypto wallet if you want to send and receive crypto.

Crypto wallets are effectively software packages that hold crypto. Security is provided by electronic ‘keys’ (the eToro Money crypto wallet comes with an unloseable key).

There are many types of wallet. The most secure wallets are ‘cold’ wallets, which spend most of their time offline. More convenient are ‘hot’ wallets, the best of which offer numerous security protocols as well as easy access. Using a crypto wallet, you can often stake the crypto you own in order to earn more crypto; much like banks lend out cash in order to earn interest.

How to Buy the Graph Coin – Tutorial

1. Choose a Broker or Exchange

How to invest in the Graph? You have two options: brokers and crypto exchanges. Exchanges tend to offer more crypto options than brokers. But brokers tend to be better regulated and easier to use than exchanges. We recommend crypto beginners wanting to buy the Graph coin use global broker eToro, where you can buy as little as $10 of GRT with no commission and sell your GRT back to eToro when you are ready.

2. Sign up with eToro

Head to eToro.com. Use your Google or Facebook account to sign in. Or fill in the form with a few personal details. As part of KYC (Know Your Customer) protocols, you will be asked a few questions about investing. This is to check you are not likely to make any silly investing mistakes and lose your money. Don’t be alarmed! KYC protocols are a sign of a regulated broker, and means you are in safe hands.

3. Verify your ID with eToro

To get your account verified with eToro, you will need to supply proof of ID and proof of where you live. You can use screenshots if you only have digital ID. Otherwise supply scans. To get verified fastest, use a scan of your valid passport.

Once you have been verified, you will receive a notification email from eToro. You are ready to get going!

4. Deposit Funds with eToro

Look at the bottom left of your eToro interface. You will see a blue button saying ‘Deposit Funds’. Press it. You can now deposit USD with eToro using credit/debit card, bank wire and a range of e-wallets. No deposit fee is charged.

5. Buy the Graph Coin with eToro in Seconds

With funds ready to spend, find Graph crypto by entering ‘GRT’ or ‘graph’ in etoro’s top toolbar.

Click on the GRT logo to head to the Graph homepage. Here you can access your newsfeed and post questions (and answers) to other investors. Also, you can review data on the Graph coin as well as use eToro’s powerful charting tools. Press on the blue ‘Trade’ button to access the final step towards purchasing GRT: this brings up this box below.

Enter the amount of funds you want to spend and press the ‘Open Trade’ button. Your trade will be executed as soon as possible; this usually means instantly. eToro offers ample liquidity so there should not be a problem filling your order. You will receive onscreen notification when the trade is complete. You can then review your GRT purchase in your eToro portfolio.

Crypto assets are a highly volatile unregulated investment product. 

How to Sell the Graph

How to buy GRT is a simple enough question. So, how to sell GRT? Easy – eToro will buy your GRT from you when you are ready. No problem.

Head to your eToro portfolio and press the red cross on the line where your GRT is listed. This opens the selling dialogue box. You can choose to sell all, or part of, your GRT immediately. You will receive notification as soon as the sale goes through. But don’t worry that you will miss out on a price opportunity: your price is locked in at the point in time when you confirm the sale.

Conclusion

To buy the Graph coin, we suggest that more confident investors take a look at the options available with reputable exchanges Crypto.com, Coinbase and Binance. But for all investors and beginners in particular, we especially recommend the leading crypto broker eToro.

To US customers, eToro offers the reassurance of regulation by SEC and FinCEN, as well as many ways to deposit and withdraw your USD commission-free. You can buy as little as $10 of GRT with eToro, with no trading charges other than a spread fee. For crypto newbies, eToro’s suite of social trading tools like CopyTrader and crypto smart portfolios are especially useful.

Crypto assets are a highly volatile unregulated investment product. 

Frequently Asked Questions on the Graph Coin