Compound price AUD (COMP)
Compound price chart
The below Compound price chart tracks the price of Compound against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.
$168.59
- %
Low: $
High: $
$168.59
Low: $
High: $
- %
Market cap
$1.1B
Volume 24hr
$60.5M
Supply
6.5M COMP
Max supply
10.0M COMP
What is Compound?
✓DeFi based
✓Community Governance
✓Instant borrowing/lending
The Compound (COMP) protocol operates within the growing decentralized finance (DeFi) space. Utilising smart contracts, Compound enables borrowing and lending, without having to conduct through central financial authorities and intermediaries. Users of the platform loan crypto assets whilst staking their own supported crypto as collateral. This can be done instantly, without the arduous and prolonged credit checks that exist in the real world.
The COMP token is the official token used within the Compound protocol and provides a ‘decentralized governance’ of the Compound protocol. Through holding COMP, token-holders and members of the community can present potential changes to the protocol followed by a subsequent vote and/or implementation of the proposed changes.
How do I buy Compound?
- Deposit funds into your Cointree account using our fast and convenient options.
- Enter the amount of Compound that you would like to buy.
- Confirm your purchase and Compound will be instantly delivered to your Cointree account.
Don't have an account? Click here to get started
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Common questions about Compound
Learn how to get started trading Compound and other [cryptocurrencies](https://www.cointree.com/trade/cryptocurrencies/).
Where can I buy COMP in Australia?
You can buy Compound from a cryptocurrency exchange like Cointree. A crypto exchange is similar to a stock exchange, but instead of buying and selling stocks, you can buy and sell digital currency.
How do I start trading on Cointree?
It's easy to get started on our exchange. You can buy COMP in only a few clicks! Simply create an account, verify your ID, deposit AUD, and you're ready to make your first investment.
Where can I store my COMP tokens?
When you buy Compound on Cointree, you can store it in the free multi-coin crypto wallet that you receive when you create your account. You can rest assured that your coins are kept secure on our exchange. We have an AUSTRAC registration, security protocols that go above and beyond the industry standard, bank level encryption, and an expert team that understands blockchain technology.
Buy Compound (COMP)
Use the price calculator below to enter the amount of AUD you want to buy in Compound. You can also switch to convert COMP to AUD.
Why is Cointree the best place to buy Compound in Australia?
Step-by-step guide
We make it easy to buy Compound (COMP) or any other digital currency. You can buy or sell Compound (COMP) with Australian dollars in seconds and take advantage of the best current price and impressive market depth.
Australian dollars
Buy Compound with the Australian dollar. You can deposit funds to our Australian exchange straight from your Australian bank account, ready to buy Compound (COMP) and start investing in digital currency.
Safe and secure
Buy Compound on our AUSTRAC regulated Australian exchange. You can store your tokens in your free [Cointree](https://www.cointree.com/) Compound wallet or send them to an external hardware wallet. Trade digital currencies with confidence.
Personalised
Our trading platform enables users to get a quick overview of their portfolio, instantly make a bank deposit, and access hundreds of trading pairs for their Compound (COMP) and other cryptocurrencies.
What can you do with your Compound?
Hold Compound
While we can't provide financial advice or investment advice, many Australians purchase Compound on our exchange as a long-term investment without any plan to make a sell order and withdraw AUD in the short term.
Trade Compound
Whether you're an individual or corporate authorised representative, you can instantly trade COMP for any other digital currency within just a few clicks. Take advantage of cryptos' high volatility and Cointree's competitive rates.
Send Compound
After buying Compound in Australia, you can quickly and easily send your Compound to any other Compound wallet. It's easier than using a debit card or making a bank transfer.
Spend Compound
While some investors simply seek to earn interest on their COMP, others spend it in the real world in businesses that have identified crypto users in their target market determination and accept cryptocurrency as payment.
Learn About Compound
Visit our [learning hub](https://www.cointree.com/learn/) and discover [micro-investing with crypto](https://www.cointree.com/learn/micro-investing/), [the difference between the stock and crypto markets](https://www.cointree.com/learn/cryptocurrency-exchange-vs-stock-exchange/), [success stories](https://www.cointree.com/learn/bitcoin-success-stories/), leading [smart contract platforms](https://www.cointree.com/learn/smart-contract-platforms/), and more.
Pay Bills With Compound
You can [pay bills with crypto](https://www.cointree.com/trade/pay-bills-with-cryptocurrency/) using Compound or any of your other digital currencies.
Buy Compound in just a few minutes
Start with as little as AUD $25 and deposit instantly with your bank account.