In this article, Trading Education will share their top 5 best ways to buy the Graph (GRT) crypto in 2023, their pros and cons, and the features to look out for when selecting an exchange to trade and invest in the Graph (GRT) token.
By reading this article in its entirety, you are going to discover the best ways to buy the Graph. The information will be highly invaluable in helping you know the different ways to buy the Graph, based on your preferences.
So read on, set aside some money to risk on the Graph, learn how to buy the Graph token, and be part of the financial revolution where decentralized financial instruments destabilize the centralized financial systems.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
TABLE OF CONTENTS:
- Best 5 Exchanges to Buy the Graph (GRT)
- Introduction to the Crypto World
- Finding the Right Site for Your Needs
- Payment Methods Compared
- The Cheapest Place to Buy The Graph
- The Safest Way to Buy The Graph
- The Easiest Way to Buy The Graph
- The Fastest Way to Buy The Graph
- How Do I Buy The Graph Near Me?
- Best Ways to Buy The Graph Anonymously
- Best Ways to Buy The Graph with PayPal
- Best Place to Buy The Graph with a Credit/Debit Card
- Best Ways to Buy The Graph with Your Bank Account
- How to Buy More Cryptocurrencies, or ‘Altcoins’
- See You On the Other Side!
Best 5 Exchanges To Buy The Graph (GRT)
Each of the experts at Trading Education has been in the crypto sphere for more than 5 years buying, selling, and holding the Graph and other cryptocurrencies with an eye on the long term.
By navigating different platforms, our experts encountered several issues related to customer service, ease of use, insurance, security, speed, and the number of countries an exchange supports among others.
Since you cannot learn without making mistakes, our experts have summed their experiences into knowledgeable content.
This has made it possible for Trading Education to compile a list of the exchanges we consider authentic and credible, and which we believe are the best places to buy the Graph (GRT). And the winners are OKEX, Kraken, Binance, eToro, and other Honorable Mentions.
1. OKEx
Founded in 2017 in Seychelles, OKEx is considered by several stakeholders of the crypto world as one of the best cryptocurrency exchanges in the space. On Friday, 18th December 2020, OKEx announced on their portal that the Graph (GRT) is now available for trading and investing. OKEx is one of the largest cryptocurrency exchanges by trading volume. In an updated version of Statista's report on the biggest cryptocurrency exchanges based on 24-hour volume in the world on Monday, 18th October 2021, OKEx finished in fourth (4th) place.
Recording $4.46 billion in volume for the day, only Upbit, Mandala Exchange, and Binance topped the exchange. With more than 20 million users across the globe, such volume indicates the huge amount of active trading on the platform.
On Wednesday, 9th June, OKEx integrated with Polygon for quicker and more cost-efficient access to DeFi. This way, the exchange will continue to facilitate transactions with great speed which comes at affordable prices. Before you invest $100 in the Graph (GRT), or any amount part of the investment budget, let us consider the pros and cons of buying the Graph through OKEX.
Pros:
✅ Supports more than one hundred (100) countries.
✅ Supports crypto pairing (more than 100 trading pairs).
✅ Offers high staking annual percentage yields (APYs) for more than 100 tokens.
✅ Has one of the best customer service support in the space (available 24/7, phones, emails, and a live chat feature to answer your concerns).
✅ Beginner-friendly (easy to use dashboard for novice traders and investors).
✅ Easy to sign up for an account (it also offers a smooth verification process as part of Knowing Your Customer and Anti-Money Laundering regulations).
✅ Range of deposit methods (accepts fiat as well as direct crypto deposits).
Cons:
❌ Complex fee structure.
❌ Not available to citizens of the United States.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
2. KRAKEN
Founded in 2011, Kraken is owned by Payward Incorporation. As one of the pioneer cryptocurrency exchanges, Kraken launched its trading operations in 2013 where it began to list more coins aside from parent crypto Bitcoin.
On Thursday, 17th December 2020, it was announced on Kraken’s portal that the Graph (GRT) was available for trading and investing. As one of the largest cryptocurrency exchanges by daily volume, Kraken finished in the top 30 in Statista’s report of the best exchanges worldwide over 24 hours. The exchange recorded $1.09 billion for the day.
With millions of users and 4 million active users, this explains the huge liquidity being poured in coins on the platform daily.
Before you invest $100 in the Graph (GRT) or amounts you have set out to risk on digital tokens, it would be wise to know the pros and cons of buying the Graph (GRT) through Kraken.
Pros:
✅ Supports more than 60 coins.
✅ Supports 176 countries.
✅ It has updated its verification process which has made it smooth and short.
✅ More than 95% of digital assets are kept in cold storage.
✅ 48 states across the U.S. can access the exchange.
✅ Easy to use (you can find the exchange on mobile applications for Android and iOS).
✅ Fees (0% to 0.26% per trade, 0.5% for online banking processing, and 3.75%+€0.25 for credit card purchases).
✅ Highly secured with two-factor authentication (2FA) withdrawal email confirmation, SSL encryption, strict surveillance, and air-gapped cold storage.
Cons:
❌ Deposits and withdrawals through automated clearinghouses (ACH) are not available to residents of the United States.
❌ There are no standalone hot wallets.
❌ Although the platform is user-friendly for experienced traders, beginners may need time to adjust to the platform.
❌ There are speed issues when the network is congested with many users.
3. BINANCE
Founded in 2017 by blockchain enthusiast and technology entrepreneur Chanpeng Zhao, Binance is the largest cryptocurrency exchange in the world.
Maintaining its top spot in the new report on the biggest cryptocurrency exchanges by volume on 18th October 2021, Binance recorded a day volume of $22.16 billion.
Binance has millions of users but its active user statistics stand at 13.5 million.
On 17th December 2020, Binance announced that it will list the Graph (GRT). Three days later on 20th December 2020, Binance finally listed the coin for trading and investing.
Before you invest $100 in the Graph (GRT) or the sum of money you plan to allocate towards the cryptocurrency, it would be in your interest to get to know the pros and cons of buying the Graph through Binance.
Pros:
✅ Supports more than 500 coins.
✅ Security (provides cold storage, device management, FDIC-insured USD balances, and two-factor authentications (2FA).
✅ Transactions supported (limit order, stop-limit order, market order, and others).
✅ Highly accessible (website, Android, and iOS).
✅ Offers low trading fees.
✅ Deposits (accepts debit cards and automated clearinghouses).
✅ Have educational products to guide your trading and investing needs.
✅ If you want a basic account, you wouldn’t be subjected to identity verification.
✅ Regulated in several countries.
✅ High liquidity.
Cons:
❌ Beginners may be overwhelmed by the user interface due to the exchange relying on high technological tools.
❌ Customer Service can be improved.
❌ Limitations in Payment Methods (NO PayPal, Skrill, and the others).
❌ Continue to face a crackdown by regulatory agencies in several countries.
4. eToro
Founded in 2007 as a multi-exchange platform, eToro expanded its cryptocurrency offerings in 2013. As one of the largest exchanges in the whole financial sector, eToro boasts more than 23 million registered users.
With the performance of the Graph (GRT) in sight, several traders and investors continue to ask questions such as can GRT be bought on eToro, and does eToro list the Graph (GRT) crypto?
On Tuesday, 19th October 2021, eToro added support for several tokens. One of them was the Graph (GRT). Before you trade or invest $100 or more in the Graph (GRT), it would be best to know the pros and cons of buying the Graph through eToro.
Pros:
✅ Provides a diverse range of payment methods (Wallets from online financial services PayPal, Skrill, Neteller; Bank Cards (Maestro, MasterCard, Visa, and Visa Electron; Bank Wire Transfer).
✅ Have necessary licenses and certifications in the United Kingdom, Australia, and Cyprus (well regulated).
✅ Copy Trading (Beginners can copy the trades of highly experienced traders and make enormous gains).
✅ Provides a Demo Account (experiment with up to $10,000 in virtual funds before risking real funds on a live account).
✅ Beginner Friendly (the interface is easy to use and understand).
✅ Highly accessible on three platforms (websites, Android, and iOS).
✅ Supports more than 140 countries. Protects your accounts and funds through a smooth verification process.
Cons:
❌ Supports relatively fewer coins than competing platforms.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
5. Honorable Mentions
If you are looking for more ways to buy the Graph (GRT), these exchanges are also good options for trading and investing.
They include but are not limited to Digifinex, KuCoin, Gemini, BKEx, MEXC Global, Crypto.com, BitMart, Bitfinex, CoinBene, CoinEx, Bittrex, HitBTC, ZB.com, and 1inch Exchange.
Introduction To The Crypto World
Currently, there are more than 17,200 crypto tokens in the space which includes the Graph (GRT).
Yet, millions of people still think all cryptocurrencies are called Bitcoin. Several parts make up the whole decentralized finance system. They are blockchain technology, cryptocurrency exchanges, and digital wallets.
Before you zoom into investing in the Graph (GRT) and other forms of cryptocurrency, having some basic knowledge is highly essential.
- There are thousands of digital currencies. Not all of them are called Bitcoin. There are the Graph (GRT), Ethereum (ETH), Cardano (ADA), and Internet Computer (ICP) among others. GRT is one of the relatively new cryptocurrencies in the space but has impressive trading volume.
- The Graph (GRT) like all cryptocurrencies has the feature of divisibility. This means that you don’t have to buy a whole GRT in the event its price crosses several milestones in the future. For what’s worth, GRT is more divisible than the dollar. While the dollar and fiat currencies can be divided into two (2) decimal points such as $1.0, the Graph (GRT) and cryptocurrencies can be divided into eight (8) decimal points. For instance, for $100, you could own 247.64735017 GRT.
- The Graph was built on blockchain technology. This technology makes it possible for the creation, distribution, trading, and storage of GRT and other digital currencies.
- Exchanges such as eToro, Kraken, OKEx, and Binance are independent trading platforms created to facilitate the exchange of fiat money and other cryptocurrencies for digital currencies.
- Wallets such as Trezor Wallet, Ledger, MyEtherWallet, Atomic Wallet, and TrustWallet. They are used to securely transfer and store the Graph crypto and other cryptocurrencies.
As you trade and invest in the Graph alongside other digital currencies, you will come across different terminology.
In the long term, these terminologies will help you learn how to buy the Graph.
Firstly, you have to ask the question; where can I buy the Graph (GRT)?
In no time, you will realize that the best places to buy the Graph depend on your expectations as well as the pros and cons of your preferred exchange.
Don't Miss: The Graph Price Predictions
Finding The Right Site For Your Needs
There are several exchanges and ways to buy the Graph (GRT) in 2023. While some are better than others, there are several characteristics you need to factor into consideration before selecting an exchange to buy the Graph.
Before Trading Education reveals how to invest in the Graph based on your needs, you must know what you want in an exchange.
Here is what you should take into account.
1. Anonymity
Per regulations, exchanges are required to fully verify their customers before they can become account holders. Unfortunately, due to the extensive process of the verification process such as uploading government-issued identification cards as well as one of the internet bills, credit card statements, and bank statements for proof of residence, many people feel they will be better off remaining anonymous.
This has paved the way for shady exchanges that do not prioritize verification to come into the space. Most of them have taken off with millions of dollars.
This should tell you that though one exchange may be among the best ways to buy the Graph (GRT), you need to find an exchange that will verify the person behind the smartphone or personal computer.
2. Fees
There are several hidden fees when investing in the Graph. They are depositing, processing, and withdrawing fees. If you are looking for the cheapest way to buy the Graph versus the fastest way to buy the Graph, fees are something you cannot do without.
3. Ease of Use
Every exchange comes with its features in terms of the user interface, verification process, speed of processing orders, and responding to customer service issues. It would be in your interest to find not only the best way to buy the Graph but also the easiest interface to help you buy the Graph (GRT).
4. Payment Methods
There are four (4) main ways of buying GRT, direct bank transfers, bank cards, cryptocurrencies, and wallets from online financial service companies. Figure out the payment method that fits your needs and interests and you would be good to go.
5. Regulatory Compliance
The first step towards assessing the credibility and authenticity of an exchange is the requirement of identity verification. If an exchange asks you to upload documents that comply with Knowing Your Customer (KYC) and Anti-Money Laundering (AML) regulations, you can be assured of being on the right platform.
6. Security
When you hear of reports of hackers taken off with millions of dollars in tokens, you may be tempted to think, the odds are in your favor. This is the primary reason why you should opt for exchanges that have the security feature of two-factor authentication (2FA). This way, you get to know that even if a hacker or a friend finds your password, they may still need an additional passcode before they can access your account, which they wouldn’t have.
7. Limits
Do you know that exchanges have depositing and withdrawal limits? One of the most painful experiences experts shared with us was making huge gains only to see withdrawal limits written next to your withdrawal order. As a result, get to know more about all the features of your exchange. Choose an exchange that has flexible limits in terms of deposits and withdrawals.
8. Liquidity
Trading volume is one of the most important factors you should always prioritize. Choose exchanges that feature strongly in the biggest cryptocurrency exchanges by daily volume. On such platforms, you are assured of someone meeting your buy or sell order since billions of dollars flow through the exchange daily.
9. Speed
Watch out for exchanges that are unable to deal with high usage. Some exchanges become slow when processing transactions due to network congestion. You do not want a situation where your Graph (GRT) Order is stuck on a waiting list. Choose exchanges that do not have any issues of slippage.
10. Are Your Funds Insured?
What if victims of hacking on certain cryptocurrency exchanges could be indemnified? Because those exchanges did not have any insurance packages, customers lost millions of dollars and were unable to hold perpetrators accountable. Choose exchanges that have some form of insurance. It can be private or public (either way, you know there is a chance of you retrieving a percentage of your money, should something go wrong).
11. Reputation
Knowing if an exchange has a bad situation has become extremely easy. All you have to do is to check their reviews on search engines. Go through all the concerns with regards to speed, liquidity, customer service, verification process, and others. Once you are certain of the reputable nature of a particular exchange, you can settle on it.
12. Customer Service
When wondering where to buy the Graph (GRT), you should factor response times to questions, the number of support levels (phones, emails, and live chats), as well as the languages the exchange offers. This will make it easy for you should you need a particular problem resolved.
13. Geo-Restriction
The first thing you have to do is to scroll through the countries supported by your preferred exchange. It doesn’t matter the quality of the services an exchange provides, if it doesn’t list your country, do not find ways and means to use the exchange. Choose exchanges that support every region at your geographical location.
Editor’s Note: There are several exchanges from which you can buy the Graph (GRT). In the end, you should select an exchange that lists your country and meets all your preferences.
Check Out: Is The Graph (GRT) A Good Buy?
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Payment Methods Compared
There is nothing like a universal payment method for everyone. There are several options to choose from in terms of depositing methods when investing in the Graph (GRT). This is a short comparison of the payment methods that will embolden you to determine which one fits your interests.
1. Credit/Debit Card
Investing in the Graph (GRT) using your debit and credit cards is easy and fast. It is easy because you can do that from the comfort of your home. It’s fast because there has been advancement in cross-border payments through SWIFT technology. Keep in mind that to prevent fraud, there are limits as to the amount of GRT or cryptocurrencies you can buy.
Debit/Credit Card comes with fees (it could be low or high depending on the exchange you are using).
2. Bank Transfers
This is a bit slow because of the bureaucracies involved in processing transactions. This is one of the best methods when buying cryptocurrencies because of its relatively low fees.
3. Cash
This is the only way to buy the Graph (GRT) anonymously since bank and card transfers have a direct link to your identity.
On platforms such as Bit2Me, you can buy GRT and other cryptocurrencies with cash. Remember that cash provides anonymity which is a good thing but there is no insurance if something should go wrong.
4. PayPal
PayPal is one of the easiest ways to buy the Graph crypto. However, you should only use PayPal to buy the Graph (GRT) if your preferred exchange lists it as a payment method.
The Cheapest Place To Buy The Graph
eToro is the cheapest place to buy the Graph on our list. This is because there is less to pay in hidden fees. You can deposit funds using Skrill, PayPal, Neteller; bank wire transfer, or through debit and credit cards, and you wouldn’t incur any fees.
Aside from eToro, Skrill and Neteller (subsidiaries of PaySafe Financial Limited) are some of the cheapest places to buy the Graph. The Graph (GRT) was listed for trading on Skrill and Neteller in July 2021 and comes with some of the cheapest transaction costs in the crypto trading and investing space.
The Safest Way to Buy The Graph
Honestly, all the aforementioned exchanges comprise the safest ways to buy the Graph (GRT) – to the best of our knowledge. They all offer different forms of security systems, the most consistent being two-factor authentication (2FA). eToro, Coinbase, and Binance offer multi-level security and are the safest ways to buy the Graph (GRT). Moreover, Skrill is also one of the safest ways to buy the Graph. This is because as per compliance with regulations, you can become a cryptocurrency holder on Skrill if you are a fully verified customer.
Trading Education Tips: To keep the identity of our experts safe, they always turn on 2FA, they advise you to do the same!
Read Also: Is The Graph (GRT) Safe?
The Easiest Way to Buy The Graph
From our list, the easiest way to buy the Graph is through eToro. Depending on how cooperative you are as a client, you can get verified within hours and become a GRT holder. Aside from eToro, Coinbase is one of the easiest ways to buy the Graph.
Moreover, in branching away from cryptocurrency exchanges, PaySafe’s latest research pointed out that four in ten customers on Skrill and Neteller have invested in crypto. One of the experts at Trading Education who uses Skrill to buy stakes in crypto including the Graph (GRT) pointed out that the platform is one of the easiest ways to buy the Graph.
The Fastest Way to Buy The Graph
What is the fastest way to buy the Graph? Do you want to buy from a mobile application (iOS and Android) or through a website that accepts payments in debit and credit cards? eToro, Binance, Gemini, Coinbase, Kraken, and Huobi Global are the fastest ways to buy the Graph since they can be found on websites using personal computers and through applications on smartphones.
If you are a fully verified customer of Skrill or Neteller, these platforms are also some of the fastest ways to buy the Graph (GRT). You can buy several GRT tokens and they would be processed and added to your portfolio within seconds.
How Do I Buy The Graph Near Me?
The Graph is a relatively new cryptocurrency. Because its function is geared towards decentralized finance (DeFi), the digital currency does not have the same mileage as transactional currencies. As of October 2021, the Graph (GRT) is not available for purchase on ATMs, BTMs, or cryptocurrency ATMs.
Best Ways to Buy The Graph Anonymously
The best ways to buy the Graph (GRT) anonymously are dwindling. This is due to the wider crackdown of the cryptocurrency market to weed out exchanges that do not adhere to Knowing Your Customer (KYC) and anti-money laundering regulations.
As a result, the best way to buy the Graph (GRT) anonymously is through cash. Since cash cannot be traced, if you can find Bit2Me around your location, you have found a way to buy the Graph (GRT) anonymously.
Best Ways to Buy The Graph with PayPal
What is the best way to buy the Graph with PayPal? At the moment, the best way to buy GRT through PayPal is through an exchange that lists the wallet as a depositing method.
Since PayPal allows free deposits, buying the Graph (GRT) with PayPal is an excellent option. Probably, using PayPal is the best way to buy the Graph (GRT) you can find.
Best Place to Buy The Graph with a Credit/Debit Card
The best way to buy the Graph with a credit or debit card is to select a platform that offers acceptable fees, is easy to use, is well regulated, supports your country, and processes transactions easily.
eToro ─ This is the best way to buy the Graph (GRT) with a credit card for most people. It’s convenient, fast, and free.
Binance ─ This is one of two payment methods (the other being direct crypto deposits). In a matter of minutes, you can buy the Graph (GRT) with credit or debit cards through this exchange.
Coinbase ─ This is one of the excellent options to buy the Graph with a credit or debit card. Since it offers several coins for trading, you can also enjoy crypto-to-crypto trading (GRT and others).
Skrill/Neteller ─ They normally charge 2.99% on deposit fees. Once you are done uploading funds, you can buy GRT. Because of their low processing fees, you would find Skrill and Neteller as some of the best ways to buy the Graph with a credit or debit card.
Read More: What Might Happen If You Invest $100 In The Graph (GRT) Today?
Best Ways to Buy The Graph with Your Bank Account
The question, what are the best ways to buy the Graph (GRT) with your bank account continues to trend on Google? eToro and Coinbase are some of the best ways to buy the Graph (GRT) with your bank account. What’s more, you can link your bank account to your SKRILL and Neteller accounts. They are one of the best ways to buy the Graph with your bank account. Although a lengthy process is involved in linking bank accounts to exchanges and crypto services wallets because of identity verification, it is the smoothest way of buying the Graph and all cryptocurrencies.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
How to Buy More Cryptocurrencies, or ‘Altcoins’
It is well known across crypto circles that most of the exchanges or platforms that allow you to buy the Graph (GRT) with fiat are limited when the number of cryptocurrencies it supports is taken into consideration. To buy more cryptocurrencies, Coinbase is one of the biggest cryptocurrency exchanges in the space that can help you buy more tokens. Founded in 2012, Coinbase has more than 70 million verified users. In December 2020, Coinbase announced via one of its online portals that the Graph (GRT) is launching on Coinbase PRO.
Pros:
✅ Supports more than a hundred (100) countries.
✅ Offers a solid variety of altcoin choices.
✅ It is one of the largest cryptocurrency exchanges by daily volume (high liquidity).
✅ Ease of Use (simple user interface).
✅ Offers staking rewards.
✅ Offers a range of payment methods.
✅ Offers educational resources through its Community (you can learn about crypto projects and earn rewards in cryptocurrency).
✅ Highly regulated exchange.
Cons:
❌ Customer Service can be improved.
❌ Fees are relatively higher than competing exchanges.
❌ Details of your accounts are available to regulators (due to compliance methods) which signals a lack of absolute privacy.
See You On the Other Side!
There you have it! Trading Education has given you a full and comprehensive list of the best ways to buy the Graph (GRT) token in 2023 - according to your preferences.
If you want to learn more about cryptocurrency trading and investing, as our name suggests, we offer courses on cryptocurrencies that will help you invest safely and securely in the short, medium, and long term.
They include but are not limited to Trading Courses, Trading Quizzes, Free Forex Trading Course, Free ebooks, Trading Guides, and 1000s of Cryptocurrency Articles to help you become a solid cryptocurrency investor.
Always remember that buying the Graph (GRT) is one of the ways of becoming a stakeholder in the current crypto revolution. Once you make losses and gains, you will discover numerous ways of passive income in this new market.
eToro – Best Platform To Buy The Graph
eToro have proven themselves trustworthy within the crypto industry over many years – we recommend you try them out.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
FAQs
Should I Consider Buying the Graph (GRT)?
Yes! You don’t need much. You can start investing in the Graph (GRT) with $100. Trading below $2, you can buy more than 50 GRT coins. This will be highly invaluable in your quest to learn about this new technology, as well as how to buy, sell, and hold it for the long term. Depending on how good or bad your trading journey is, you can decide to buy more or opt for other cryptocurrencies.
How to Buy the Graph (GRT) Legally?
As long as you can buy the Graph legally in your country of residence, then you can buy it from regulated exchanges and crypto services platforms. eToro, Binance, Coinbase, OKEx, Skrill, and Neteller are some of the places you can buy the Graph legally.
What Are the Safest Sites to buy the Graph?
The safest sites to buy the Graph are those that require you to complete the Knowing Your Customer (KYC) and Anti-Money Laundering (AML) phase of the verification process. If a platform asks you to provide essential documents for these processes to be completed, you should know that they are responsible and are following laws. What’s more, you can sleep nights knowing your hard-earned money is in safe hands and not in the hands of some scam company. Therefore, cryptocurrency exchanges (Coinbase, Binance, OKEx, Gemini, and eToro), and crypto services portals (Skrill and Neteller) are the safest sites to buy the Graph (GRT).
What is the Cheapest Way to Buy the Graph?
The cheapest way to buy the Graph (GRT) is to buy it from exchanges with low hidden fees. eToro as an exchange and Skrill as a crypto service portal are the best ways to buy the Graph because they have the lowest depositing, processing, and withdrawal fees among competitors.
Read More:
How To Make (Or Lose) Money With The Graph (GRT)
What Will The Graph (GRT) Be Worth In 10 Years?