How to buy The Graph in Canada?
It doesn't matter if you are in Toronto, Montreal, Calgary or anywhere in between, NDAX gives you all the tools and support to buy and sell The Graph in Canada.
Why buy GRT?
The Graph was developed as a way to organize blockchain data and make it easily accessible through APIs. Much like Google provides results to search queries, The Graph indexes and provides data from other blockchains in a central location.
GRT is the native token of The Graph network and is used as payment for data queries and to incentivize node operators. Anyone that needs to query the database pays GRT to users who are categorized as Indexers, Curators, or Delegators. Buying GRT would then allow you to pay these operators for data and utilize the platform. For example, developers who have bought GRT can build applications that use The Graph and access blockchain data that has been verified by the network.
Besides utilizing the platform, buying and staking GRT also allows the owner to participate in the governance of The Graph and vote on code updates or other changes.
Storing your The Graph
After investing in The Graph, the next step is to store your The Graph in a secure cryptocurrency wallet. Depending on your own needs, investment amount and preferences, you can keep your The Graph on a trading platform, a physical hardware wallet or a software wallet.
You are free to transfer your The Graph to a private wallet from NDAX. However, if you decide to store your The Graph in your NDAX wallet, we have all the security measures in place to keep your The Graph safe and secure.
What can you do with The Graph?
Pay for Goods and Services
Online stores, merchants, restaurants, and retail environments continue to adopt GRT and other cryptocurrencies as a means of payment.
Invest and Trade
On our trading platform, GRT can be traded directly with the Canadian dollar. You can also easily view and track your trading activity, performance, growth and profits.
Use as a Store of Value
Investors are using GRT as a store of value.
Why buy GRT on NDAX?
We take the fear out of trading
NDAX’s security standards are among the highest in the Canadian FinTech industry.
NDAX holds the majority of digital assets offline in cold storage protected by multi-signature technology, provided by Ledger Vault, the global leader in security and infrastructure solutions for cryptocurrencies.
Hot wallets are protected by Multi-Party Computation (MPC) technology recognized by industry experts.
Grow your portfolio with NDAX’s recurring purchase feature
Set The Graph recurring purchases to automatically buy GRT to CAD each day, week or month. Set regular purchases as low as $10.
Gain control of your GRT investments with advanced trading options
The cryptocurrency market is volatile. Avoid missing out on trades by using NDAX’s unique trading options:
Buy or sell order executed at a specific price.
Order to buy or sell once a cryptocurrency reaches a specific price point.
Trailing stop market order
Order that can be set at a specific dollar amount away from a cryptocurrency’s last price, bid or ask.
Trailing stop limit order
Limit buy or sell order triggered once a cryptocurrency touches a trailing amount set by the user.
Fill or kill (FOK) order
Trade that executes immediately and entirely at a certain price, but if it cannot fill the entire order immediately, it will be cancelled entirely.
Immediate or cancel order (IOC)
Trade that executes immediately and cancels any unfilled portions of the order.
Reserve order (Iceberg Order)
Large trade divided into multiple limit orders. The orders are split into visible and concealed amounts.