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FAQ

Frequently asked questions

Is Compound worth buying?

Compound (COMP) is a token that has gained significant popularity and usefulness in recent years. It aims to address problems in the cryptocurrency industry, such as high transaction costs and lack of transparency or limited liquidity. Compound is also one of the best-known projects in the DeFi market. With DeFi lending growing in popularity due to their efficiency and profitability, the future of COMP might also be heading toward a huge increase in demand. Please note that this is by no means a buying signal or a financial advice.

What are the advantages of using Apple Pay?

You decide which forms of payment Apple Pay will use to carry out your crypto transactions when using its services in conjunction with our exchange. Plus, Apple Pay enables you to store debit and credit card information on your Apple device in order to facilitate simple online transactions. 

Who are the founders of Compound ?

The attraction of the compound is that it was founded by a group of entrepreneurs. The founders of this network are people like Geoffrey Hayes and Robert Lashner, whose names are very famous in the digital currency market. In 2018, with its initial public offering, the company managed to raise $8.2 million in capital through large companies such as Andreessen Horowitz and Bain Capital. A year later, it raised $25 million with the support of many influential institutions such as Paradigm Capital.

Does Apple Pay have fees and charges?

Apple Pay does not impose any additional fees on top of those levied by your credit card provider. However, additional fees shouldn't apply to Apple Pay transactions made using a debit card. Also, note that our exchange charges no trading fees as well.

What is the main goal of the Compound project?

Most cryptocurrency holders are always concerned about how to keep their digital assets safe and secure. Therefore, one of the first necessary measures to enter the field of digital currencies and invest in cryptocurrencies is choosing the method of keeping digital currencies. Hardware wallets are one of the best and safest ways to store digital currencies. This method is especially recommended for people who have a lot of digital assets and want to invest and deposit them for a long time. But this method is costly; Because hardware wallets have a high cost and some users do not want to pay this much for a wallet. Another option is to use a software wallet, which is a digital wallet that you can have on your PC or cellphone. Also, in order to make trading for COMP cryptocurrency more convenient and simpler, our platform offers a secure digital wallet with additional functionality and easy access to various trading options.

Can users exchange cryptocurrencies through Apple Pay?

No. Users cannot exchange cryptocurrencies using Apple Pay. However, our exchange has a variety of tools and products for trading and exchanging cryptocurrencies if you're interested in doing so. Additionally, the wallet on our exchange enables users to easily manage their cryptocurrency assets.

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