Graft is a payment processor and network that allows merchants to accept cryptocurrencies for purchase. While there are already platforms that do this, the GRFT option will integrate directly into the existing point of sale terminals.
This means that merchants will not need to invest in additional hardware or juggle multiple wallets. They will be able to serve customers that purchase using fiat currencies and cryptocurrencies from the same interface.
In addition, they will also have access to instant settlements. While cryptocurrency enthusiasts can already pay using Bitcoin at a variety of locations, the confirmation times are routinely a problem. If you make a Graft investment and host a supernode, you'll be able to participate in facilitating these instant transactions.
This allows for quick checkouts while still protecting merchants from any possible failed payments, without them needing to force their customer to wait for multiple confirmations.
The number of exchanges where you can buy Graft is painfully small, and investors should be cautious of assets with limited listings. If these exchanges vanish or decide to delist this coin, then investors could be in for a rough time. This can be extremely detrimental to the value of an asset, and it may be a long time before another listing can be achieved, leaving you unable to trade your coins. This coin does have some decent trading volume, but the only pair is Bitcoin. You'll need to utilize this pairing if you want to buy this coin.
In order to hold your investment, you'll need to download one of the mobile wallets available for Android or iOS. They don't seem to have any desktop wallets available. Investors should make sure that they backup their wallet file or seed phrase in order to protect their investment. This is typically the only way to regain access to your investment if your device is damaged, lost or stolen.