Convert GRT to TRY
1 GRT = ₺1.16 Turkish Lira 1 TRY Turkish Lira = 0.86516174 GRT
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GRT/TRY Quote
The current value of 1 The Graph is ₺1.16TRY. In other words, to buy 5 GRT, you would spend ₺5.78TRY. Conversely, TRY₺1.000000 can be exchanged for 0.865162 GRT, and TRY₺50.00 will convert to 43.26 GRT, excluding platform fees or miner fees.
About The Graph
What is The Graph?
The 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 native cryptocurrency, GRT, is used to secure the integrity of the data within its network. All users, including indexers, curators and delegators, must stake GRT to perform their roles and earn network fees in return.
Popular Ethereum dapps like Aave, Curve and Uniswap use The Graph. Users wishing to stay informed about The Graph’s latest developments can bookmark its official blog.
How does The Graph work?
The first step in The Graph’s data aggregation process involves Graph Nodes, which continuously scan network blocks and smart contracts for information.
When an application adds data to the blockchain via smart contracts, the Graph Node adds this data to the relevant subgraphs.
Once the Graph Node has extracted the information, three types of user contribute to organising the data within the protocol.
These include:
- Curators: subgraph developers who assess which subgraphs are of high quality and need to be indexed by The Graph. Curators attach GRT to the subgraphs they believe in.
- Indexers: Node operators who provide indexing and querying services for signalled subgraphs and who must stake GRT to provide these services.
- Delegators delegate GRT to indexers to contribute to running the network without installing a node.
- All users earn a portion of the network fees for their work, depending on their role.
This data can then be easily accessed by applications seeking information to help them run their software via queries.
What is the GRT token?
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 denominated in GRT.
Curators earn query fees for the subgraphs they signal, while indexers earn a portion of the query fees and protocol rewards. Delegators also 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.
How to buy The Graph (GRT)?
The easiest way to buy The Graph (GRT) is through a crypto exchange like BTCC. BTCC makes purchasing The Graph (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 The Graph (GRT) purchase, register with BTCC today.
Exchange Table
GRT to TRY values from Today at
TRY to GRT values from Today at
The Graph FAQs
How to trade GRT/TRY futures on the BTCC platform?
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
Can I trade GRT with TRY?
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.
How to convert GRT to TRY?
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.
What is the best way to use GRTTRY converter tool?
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.
What is GRT/TRY exchange 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.
How much is 1 The Graph in TRY?
Currently, one The Graph is ₺1.16. Due to the 24/7 nature of the global cryptocurrency market, the price of 1 The Graph (GRT) in TRY is constantly changing. To see the live price, please check the market data section at the top of our platform or visit our GRT to TRY converter.
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