Recent Developments
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- Market capitalization
- $1.96B
- 24-hour trading volume
- $84.28M
- Circulating supply
- 9.55B GRT
Earn up to
15% APY in the UAE.
An in-depth guide on how to stake The Graph (GRT) in the UAE
We have extensive information on staking The Graph (GRT), and we are pleased to share some of these insights with you.
We present you with various staking options featuring different cryptocurrencies that may pique your interest.
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Staking The Graph can be an excellent choice for individuals in the UAE looking to hold GRT while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That’s why we’ve created this guide to assist you.
To stake The Graph, you first need to acquire it. To obtain The Graph, you will need to purchase it from one of the popular exchanges available in the UAE.
| Platform | Cryptocurrency | Price |
|---|---|---|
| Nexo | The Graph (GRT) | 0.04 |
| PrimeXBT | The Graph (GRT) | 0.04 |
| YouHodler | The Graph (GRT) | 0.04 |
| Binance | The Graph (GRT) | 0.04 |
| BTSE | The Graph (GRT) | 0.04 |
| Coinbase | The Graph (GRT) | 0.04 |
Once you have GRT, you'll need to select a The Graph wallet to securely store your tokens. Here are some excellent options available in the UAE market.
| Platform | Cryptocurrency | Staking rewards in the UAE |
|---|---|---|
| YouHodler | The Graph (GRT) | Up to 15% APY |
| Binance | The Graph (GRT) | Up to 6.2% APY |
We recommend utilizing a staking pool when staking GRT. It’s more straightforward and quicker to get started. A staking pool consists of a group of validators who pool their GRT, increasing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
You will need to wait for your deposit to be confirmed by your digital wallet. Once it's confirmed, you will automatically validate transactions on the The Graph network. For these validations, you will be rewarded with GRT.
In the UAE, it's important to factor in transaction and staking pool fees when engaging in cryptocurrency activities. Additionally, you may experience a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.