Compound price (COMP)
Add to Watchlist$166.64 AUD
Market cap
$734.8M
Volume 24hr
$70.1M
Supply
4.3M COMP
What is Compound?
✓DeFi based
✓Community Governance
✓Instant borrowing/lending
The COMP token is the official token used within the Compound protocol. This particular protocol operates within the exponentially flourishing industry of decentralized finance - enabling borrowers and lenders to necessitate their needs without having to conduct through central financial authorities and intermediaries.
The platform is based around the use of smart contracts and the native COMP token provides a ‘decentralized governance’ of the Compound protocol. The users of the platform loan crypto assets whilst staking their own supported crypto as collateral. This can be done without the arduous and prolonged credit checks that exist in the real world - this can be done instantly.
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
Why is Cointree the best place to buy Compound?
Easy and convenient
We'll guide you through your first purchase. We offer many deposit methods and like to keep things simple and easy to understand.
Fast and transparent
Buy Compound within minutes. Our low fees are backed up with transparent quotes. Get more Compound for your money.
Safe and secure
Buy Compound safely knowing you're using an AUSTRAC regulated Australian exchange that's been around since 2013.
Made for you
We listen to our members. Easy yet powerful trading between any of our 100+ coins instantly (5,000+ trading pairs). Track your assets daily performance from your account with ease.
What can you do with your Compound?
Hold Compound
A lot of members like to hold onto their Compound in case it increases in value. You can hold your Compound in your Cointree account or transfer it to a private wallet.
Trade Compound
Cointree allows you to trade any portion of your Compound to over 100 other digital currencies instantly.
Send Compound
When buying Compound with Cointree, you are able to send your Compound to any other Compound wallet easily and instantly.
Spend Compound
You can use Compound to buy many things online aswell as in physical stores. More businesses are accepting Compound every day.
Learn About Compound
Cointree provides a comprehensive learning hub to turn you from a beginner to an expert in no time.
Pay Bills With Compound
You can pay any Australian BPAY bill using any digital currency.
Buy Compound
Buy in just a few minutes
Start with as little as AUD $20 and pay with your bank account.