How to Stake The Graph (GRT): A Step-by-Step Guide

Introduction

Staking The Graph can be a great option for those who want to hold GRT but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. Obtain The Graph (GRT) Tokens
In order to stake The Graph, you need to have it. To obtain The Graph, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Nexo The Graph (GRT) 0.21
Uphold The Graph (GRT) 0.21
Kraken The Graph (GRT) 0.2
OKX The Graph (GRT) 0.21
YouHodler The Graph (GRT) 0.21
Binance The Graph (GRT) 0.21
See all 36 prices
2. Choose a The Graph Wallet
Once you have GRT, you’ll need to choose a The Graph wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards
YouHodler The Graph (GRT) Up to 15 APY
Binance The Graph (GRT) Up to 2.8 APY
See all 6 staking rewards
3. Delegate Your GRT
We recommend using a staking pool when staking GRT. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their GRT, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
4. Start Validating
You’ll need to wait for your deposit to be confirmed by your wallet. Once it’s confirmed, you’ll automatically validate transactions on the The Graph network. You’ll be rewarded with GRT for these validations.

Platform	Coin	Price
Nexo	The Graph (GRT)	0.21
Uphold	The Graph (GRT)	0.21
Kraken	The Graph (GRT)	0.2
OKX	The Graph (GRT)	0.21
YouHodler	The Graph (GRT)	0.21
Binance	The Graph (GRT)	0.21

Platform	Coin	Staking rewards
YouHodler	The Graph (GRT)	Up to 15 APY
Binance	The Graph (GRT)	Up to 2.8 APY

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.

Latest Movements

The Graph (GRT) is currently priced at $15 with a 24-hour trading volume of $84.28M. The market cap of The Graph stands at $1.96B, with $9.55B GRT in circulation. For those looking to buy or trade The Graph, YouHodler offers avenues to do so securely and efficiently}

Market cap: $1.96B
24h volume: $84.28M
Circulating supply: $9.55B

See latest information

Frequently Asked Questions About Staking The Graph (GRT)

What is The Graph (GRT) staking?: The Graph (GRT) staking allows token holders to delegate their tokens to indexers in return for rewards. This process helps secure and support the network. Users can see real-time comparisons and data using tools available on Bitcompare, assisting with informed staking decisions.
How are rewards calculated for GRT staking?: Rewards for staking GRT depend on factors like the amount staked and network participation. It's crucial to consult tools like Bitcompare for real-time rate comparisons and sentiment analysis which can help you understand your potential returns.
What are the risks associated with staking GRT?: Staking GRT involves risks like potential loss due to network issues or mistakes in the delegation process. Keeping informed with the latest events on Bitcompare can mitigate such risks by ensuring you are up-to-date with market changes.
What is the process to start staking GRT?: To stake GRT, select a trustworthy indexer and delegate your tokens. Use Bitcompare's tools to compare exchanges and rates to make sure you're choosing the best option available. Staying informed helps optimize your staking strategy.
What fees are involved in staking GRT?: Fees vary among indexers and exchanges, affecting your net rewards. Use Bitcompare to view real-time fee structures and ensure you're selecting the most cost-effective options. Continuously check for updates to adapt to changes in fee structures.
Can I unstake my GRT anytime?: Unstaking GRT involves a waiting period, which may vary. For making well-informed decisions, consider using Bitcompare for the latest updates on unstaking terms and processes across different platforms. Regular checks will keep you updated.
How do I choose an indexer for staking GRT?: Choosing an indexer requires evaluating reliability, fees, and past performance. Bitcompare offers tools like sentiment analysis and price comparisons to aid in selecting a reputable indexer. Regularly checking these factors on Bitcompare ensures informed decisions.