1 GRT = ₺1.23 Turkish Lira 1 TRY Turkish Lira = 0.81211842 GRT
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View ChartThe Graph is open-source software that collects, processes and stores data from various blockchain applications, facilitating information retrieval.
Originally launched on the Ethereum blockchain, The Graph aims to help developers use relevant data to make their decentralised applications (dapps) more efficient.
It analyses and gathers blockchain data before storing it in various indices called subgraphs. This allows any application to send a query to its protocol and receive an immediate response.
These queries are posed by decentralised applications (dapps) through GraphQL, a widely used language originally created by Facebook to gather data for users’ news feeds.
Users of The Graph who provide services to the network — known as indexers and delegators — help process the data and pass it on to end users and applications.
The Graph’s first step for aggregating data happens through the Graph Nodes, who continuously scan network blocks and smart contracts for information.
When an application adds data to the blockchain through smart contracts, the Graph Node adds the data from these new blocks to its appropriate Subgraphs.
Once the Graph Node extracts information, there are three types of users who contribute to organizing data in its protocol.
These include:
All users earn a portion of the network fees for their work, dependent on their role.
This data can then be easily accessed by applications seeking information that will help them run their software through the use of queries.
GRT is a cryptocurrency that derives its value from its ability to ensure the successful execution of smart contracts that depend on the Graph protocol.
Notably, GRT is the only cryptocurrency used for key network operations. For instance, consumers submitting queries to indexers must pay a query fee in GRT.
Curators earn query fees for the subgraphs they signal, while indexers earn a portion of the query fees and protocol rewards. Delegators, meanwhile, earn a share of the indexer fees by lending their GRT tokens.
Anyone who owns and stakes GRT tokens can participate in decisions affecting the software by voting on proposals for the rules that govern the platform’s use. Delegators can assign their voting rights to someone else to vote on their behalf.
Investors should note that while The Graph introduced 10 billion GRT in 2020, the total supply is set to increase by around 3% on average each year, with an estimated 1% of tokens to be removed from circulation annually.
The easiest way to buy GRT is through a crypto exchange like BTCC. BTCC makes purchasing GRT easy and accessible whether you use fiat currency or crypto. Trusted by over 9.1 million investors across 100 countries, BTCC is dedicated to offering excellent crypto trading service for all trades. If you’re ready to dive in and make your first GRT purchase, register with BTCC today!
Trading GRT/TRY involves speculating on its price movement. Follow these steps to start:
Fund Your Account: Deposit TRY or GRT into your BTCC account.
Navigate to the Market: Go to the "Trade" section and select the GRT/TRY trading pair.
Analyze the Chart: Use our professional trading charts and indicators to inform your decision.
Place Your Trade Order:
To Buy (Go Long): If you think the price will rise, place a buy order.
To Sell (Go Short): If you think the price will fall, open a short position (available in derivatives trading, such as futures).
Set Order Parameters: Choose between Market, Limit, or Stop orders based on your strategy, enter the amount, and confirm the order.
Manage Your Trade: Monitor your open positions and use Stop-Loss/Take-Profit orders to manage risk automatically.
For detailed guides on each order type and risk management, please visit our Help Centre
Yes, absolutely. BTCC supports multiple methods to gain exposure to The Graph(GRT) using TRY, from simple purchases to advanced trading strategies.
You can:
Buy Instantly: Use our "Buy Crypto" feature with a linked debit/credit card or bank transfer to purchase The Graph directly.
Trade on the Spot Market: Deposit TRY and place a buy order on the GRT/TRY spot trading pair using market or limit orders, taking direct ownership of the GRT.
Trade GRT/TRY Futures: For more advanced strategies, you can trade GRT/TRY perpetual or dated futures contracts. This allows you to speculate on The Graph's future price movements with leverage, enabling potential profits from both rising and falling markets without needing to hold the underlying asset directly.
To perform your GRT to TRY conversion on BTCC:
Sign in to your account, or create a new BTCC account if needed.
Go to the trading interface and select the GRT/TRY trading pair.
Input the specific amount of The Graph you wish to sell.
Verify the displayed exchange rate and your final TRY total.
Confirm and finalize the sell transaction.
Following these steps, your TRY balance will be updated instantly.
Our converter tool is designed for quick calculations. Here's how to use it:
Locate the 'Crypto Converter' section on our website or in the app.
Enter the amount of the GRT you want to convert in the first field.
The equivalent value in TRY will be instantly calculated and displayed in the second field, using the latest live market rate.
The GRT/TRY exchange rate is the current market price at which 1 The Graph(GRT) can be exchanged for TRY. Put simply, it tells you how many TRY one The Graph is worth at any given moment.
Currently, one The Graph is ₺1.23. Due to the 24/7 nature of the global cryptocurrency market, the price of 1 The Graph (GRT) in TRY is constantly changing. To get the live price, please check the market data section at the top of our platform or visit our GRT to TRY converter.