We’re delighted to announce that The Graph (GRT) has been listed on our platform. You can now leverage Pi42 to seamlessly buy, sell, and trade GRT with Indian Rupees (INR).
What is The Graph (GRT)?
Launched in 2020, The Graph is a decentralised protocol for indexing and querying data from various blockchain applications. GRT serves as the native token that powers the network and incentivises various participants:
- Indexers: Contribute computing power to process and store blockchain data.
- Curators: Signal the quality and relevance of subgraph data.
- Consumers: Access and utilise the indexed data for various decentralised applications (dApps).
Key Features of The Graph:
- Decentralised Data Infrastructure: The Graph provides a censorship-resistant and reliable way to access blockchain data, crucial for developing the decentralised web (Web3) ecosystem.
- Open API: Developers can leverage The Graph’s API to build powerful dApps utilising readily available blockchain data.
- Tokenised Incentive System: GRT token holders can participate in network governance and earn rewards for their contributions.
Trading GRT/INR on Pi42:
Are you excited to be part of the Web3 data revolution? Here’s a quick guide:
- Login: Access your Pi42 account.
- Navigate: Head to the trading terminal.
- Select the Pair: Choose GRT/INR from the dropdown menu.
- Define your Position: Enter the desired investment amount, select your preferred leverage (if applicable), and adjust the percentage according to minimum asset requirements.
- Set Limits (Optional): Establish Take Profit and Stop Loss orders to manage risk.
- Execute your Trade: Click Buy/Long or Sell/Short.
- Track your Trade: Monitor your open positions in the “Orders and Positions” section below the trading chart.
Unlock the Potential of Decentralised Data with GRT
The addition of GRT/INR on Pi42 allows you to participate in The Graph ecosystem, a key player in building a robust and accessible data infrastructure for the evolving Web3 landscape.
Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.