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Compound (COMP) exchange rate

Price for today

64,468 USD -2,14%

0,00220919 BTC -2,14%

Market Cap
502,309,548 $
Volume 24h
204,645,092 $
  • Name: Compound

  • Symbol: COMP

  • Circulating supply: 7 791 669 $

  • Max supply: 10 000 000 $

  • Cmc rank: 74

  • Volume 24h: 204 645 090 $

  • Percent change 1h: 0,81 %

  • Percent change 24h: -2,1 %

  • Percent Change 7d: 3,8 %

About Compound

Founded in 2018, Compound is an innovative protocol based on Ethereum which primarily functions in the Decentralised Finance sector. The protocol allows users to perform numerous financial operations in a transparent and decentralised manner. Users are allowed to use the Compound liquidity pool and gain constantly growing interest. Fees are adapted automatically after evaluating the current supply and demand. Compound’s native COMP ERC-20 token empowers the platform management and supports all stakeholders who are authorised to participate in negotiations, decision-making and voting.  

Top Exchanges:

Short overview of Compound

Compound  is fairly demanded token, which is now listed on multiple main crypto exchanges, such as Godex.

COMP was created for speedy, affordable and reliable swap utilizing the benefits of blockchain technology. 

The actual Compound price is 64.46751548 with a daily trading volume of 204645092. The circulating coin supply is 7791669 COMP and it has a maximum supply of 10000000 COMP coins.

You can gain the COMP by mining, participating in an affiliate program or by staking. You can also purchase it for other crypto currency you have got.

COMP exchange to another cryptocurrencies

Nowadays, owing to the growth of interest in COMP, there are quite a few services where you can immediately and securely exchange it for other cryptocurrencies.

To exchange COMP, decide on an exchange platform that supports the wanted currency pair. 

Currently, more than 300 diverse coins and tokens are available on Godex.io, which can be exchanged for COMP without limitations on the amount.

Follow plain instruction to exchange Compound:

  1. On the home page, use a convenient coin converter. Select the COMP and enter the amount on the left. Select the name of the cryptocurrency you need on the right. If the rate proposed by the exchange meets your expectations, click the “Exchange” button.
  2. Fill in your wallet address, where the funds will be forwarded after the exchange is finalized.
  3. Send the needed amount of COMP to the given address.
  4. After the exchange accepts COMP, a transaction is confirmed and you get a new token to your wallet.

This same guideline can be used for deals involving different cryptos.

The whole exchange process generally takes no more than a few minutes.

F.A.Q.

How to buy COMP ?

You can acquire COMP with other digital currencies available on crypto exchanges. On many crypto exchanges, you have to go through the registration process and deposit the necessary amount of cryptocurrency to purchase COMP. 

Of course, you should make sure that you have a Compound wallet beforehand to safely save your assets.

Is profitable trading Compound to another crypto ?

Profit from trading Compound to another crypto asset depends on the coin value at the point of the exchange. If it is high, it could be time to sell or exchange the coin. It is recommended to monitor the coin price chart to compare COMP to usd. COMP analysis made by crypto experts and forecast will also help to consider the prospects for a deal.

Is Compound safe to buy ?

Compound itself is safe. Investing in it bears similar hazards as investing in any other cryptocurrency. Nevertheless, you can mitigate the risks by trading on trustworthy crypto exchanges and using a trustworthy wallet to store Compound.

Versus pairs