What is Graphite? Here’s Step by Step How to Buy GP on Bitrue Alpha

Graphite (GP) is a finance-oriented blockchain aiming to blend the strengths of traditional finance with blockchain transparency. Unlike purely speculative tokens, Graphite is built for compliance, security, and trust-based transactions.

Below, you’ll learn how Graphite works, what sets it apart, and how to buy GP tokens.

Read Also: Is Bitrue Alpha Worth It? Give it A Try Now

Key Takeaways

• Graphite is a Layer-1 Proof-of-Authority blockchain with EVM compatibility
• It uses a unique Trust Score system to build user reputation securely
• Zero Knowledge Proof KYC protects your privacy
• Transport Nodes can earn passive income from transaction fees
• Fixed fees and high throughput make Graphite fast and efficient

Register now on Bitrue — a trusted crypto exchange used by millions worldwide. Bitrue gives you access to hundreds of tokens, low-fee trading pairs, and high-yield staking opportunities. Whether you're buying Bitcoin, trading altcoins, or exploring new DeFi projects, Bitrue makes it easy to get started. 

What Makes Graphite Unique?

Graphite combines several innovations that set it apart from other blockchains.

Reputation-Based Ecosystem
Graphite introduces a Trust Score for every account, shaped by:

• KYC verification level
• How long the account has been active
• Transaction history
• Transaction volume

This helps businesses and individuals evaluate credibility without exposing private information.

KYC with Zero Knowledge Proof (ZKP)
Graphite’s KYC system balances compliance and privacy.

• Verified data stays off-chain
• Only your KYC level appears on-chain
• Zero Knowledge Proof will let you prove your identity without revealing personal details
• KYC filters let you block transactions from unverified accounts

Proof-of-Authority Consensus

Graphite uses an upgraded PoA called Polymer 2.0.

• Top-performing nodes are selected to validate blocks
• These nodes have twice the chance of sealing blocks and earning fees
• An oracle system ensures fair random selection and reduces collusion risks

Transport Node Rewards
Entry-Point Transport Nodes are rewarded every time someone initiates a transaction through them.

• 50% of the transaction fee goes to the Transport Node
• 50% goes to the block sealer

This system encourages community participation without expensive hardware.

Fixed Fees and High Scalability

Graphite offers:

• Fixed transaction fees to avoid unpredictable gas spikes
• High throughput, handling up to 1,400 transactions per second
• Confirmations in under 10 seconds

Read Also: Should I Use Bitrue Alpha as a Pro Trader? An Explanation

How to Buy Graphite (GP)

Ready to get GP tokens? Follow these steps.

1. Create an Account on an Exchange
Most buyers use Bitrue Alpha.

• Visit Bitrue and click Sign Up
• Complete verification if required
• Fund your account with USDC

2. Deposit USDC

• In your dashboard, click Deposit
• Choose USDC and copy your wallet address
• Send USDC from your wallet or another exchange

3. Search for GP/USDC

• Go to Markets
• Enter GP in the search bar
• Select GP/USDC

4. Place Your Order

• For instant purchase, use a Market Order
• For a specific price, set a Limit Order
• Confirm your transaction

5. Transfer to a Private Wallet (Optional)

For more control, move your tokens to a Solana-compatible wallet.

Why Investors Are Watching Graphite

Graphite is designed for regulated DeFi and enterprise adoption, combining compliance tools with efficient blockchain infrastructure. If you want exposure to an ecosystem prioritizing trust, scalability, and transparency, GP is worth a closer look.

Read Also: Is SWOGE Worth Buying? Analysis on Bitrue Alpha

FAQs

What is Graphite?

Graphite is a blockchain platform that merges Proof-of-Authority consensus, a reputation system, and optional KYC to connect traditional finance with Web3.

What is GP used for?

GP tokens pay transaction fees, reward nodes, and enable staking.

Can I use Graphite without KYC?

Yes. KYC is optional but gives you a higher Trust Score and access to more features.

How do Transport Nodes earn money?

Transport Nodes get 50% of transaction fees when users initiate transactions through them.

Is Graphite fast?

Yes. The network processes up to 1,400 transactions per second with confirmations under 10 seconds.

Final Thoughts

Graphite is one of the most promising blockchains combining regulated finance and decentralized technology. If you want help comparing it to other projects or learning more about its tokenomics, reach out any time.