- Binance has announced the listing of The Graph Token (GRT) on its exchange platform.
- As brought by the new listing, Binance now enables trading for GRT/BTC, GRT/ETH, and GRT/USDT trading pairs.
Binance has listed The Graph (GRT) token on its cryptocurrency exchange. With this, the exchange now allows trading for GRT/BTC, GRT/ETH, and more importantly, GRT/USDT trading pairs.
According to the Binance announcement, users can now begin to offer GRT deposits in accordance with the upcoming trading.
To explain, The Graph is an indexing protocol purposely for building decentralized applications (DApps). It mainly enables developers to efficiently access blockchain-based data. It created its services to be compatible with Ethereum, which is by far the most popular blockchain ecosystem today.
With The Graph, developers get the opportunity to create subgraphs that define ways to ingest, index, and serve verifiable blockchain data.
Binance advises traders to ensure transparency and low trading risks when trading newly listed tokens. Upon the listing, traders will experience infinitesimal trading fees when buying and selling GRT.
Progressively, Binance remarked that it will make the best effort to solely choose high-quality coins for traders but will not be responsible for any trading losses.”
Traders from their interest can now partake in their trading journey via Binance’s mobile crypto trading app.