How to Buy Compound (COMP)
Make your investments work for you: Buy and sell Compound and 40+ cryptocurrencies instantly.
How to buy COMP
Just 3 easy steps to start investing in Compound
Create your account
on Blocktrade
Sign up on the website, and verify your account with complete information.
Select a payment
method
Select whether you want to purchase COMP with PayPal, Google Pay, etc.
Start buying
Compound
Choose COMP, select how much you want to buy, and make your first investment.
want to know more
Learn more about Compound
WHY BLOCKTRADE
Your entry to the world of crypto
Buy Compound
with Zero Fees
Buy, sell, and trade Compound
on Blocktrade without any
trading fees
Wide range of cryptocurrencies
We offer a wide range of
cryptocurrencies. Buy Compound and more than 40 cryptocurrencies instantly.
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in the EU
Blocktrade is registered as
VASP and is fully compliant
with AML 5.
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Payment Methods to Buy Compound
Buy Compound with
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Other Methods of buying Compound
Where can I buy Compound
ATM
If there is any crypto ATM near you, it is possible to buy some coins with these machines and you should check to see whether it sells Compound or not. However, the process is not as simple as it seems. Furthermore, the ATM rates are somehow more than other methods.
Direct Purchase
You can buy Compound directly from another person over the web.
Exchanges
Crypto Exchanges are the safest places for buying Compound. You can use Blocktrade as a cheap, secure, and global exchange to buy COMP. You don’t need to pay any trading fee while using Blocktrade exchange. Sign up for free, create an account, and purchase COMP with a few clicks.
SUPPORTED COUNTRIES
Blocktrade is available in 100+ countries
How to sell Compound
Sign up and verify your Blocktrade account
You’ll need a username, email address and a strong password to sign up on Blocktrade. Then, you'll be guided to verify your account.
Deposit COMP to your Blocktrade account
To sell Compound on Blocktrade, generate a deposit address and transfer the desired amount - just as simple as sending it to any Compound address.
Start selling Compound!
Once you deposited your Compound in your Blocktrade deposit address, you’ll be able to sell your COMP.
FAQ
Frequently asked questions
Yes, it is possible to buy less than 1 COMP. For example, you can buy a fraction of a COMP, such as 0.1 COMP or 0.01 COMP. Since this coin is Ethereum compatible, it is said to be divisible down to 18 units.
On our platform, the minimum amount required to buy COMP cryptocurrency is as low as $10. You are provided with different payment options to make the purchase. Once the transaction is successful, the acquired COMP units will be reflected in your cryptocurrency account. Also, our exchange charges no transaction fees for your COMP purchase.
The cost of buying Compound can vary depending on where, how, and when you purchase it. Typically, the price is determined by supply and demand in the cryptocurrency market. The price can also be influenced by market sentiment and news about the cryptocurrency. To find the current price of COMP, you can either log in to our website and see the real-time price or check our Compound Calculator to see the price of Compound in your desired currency.
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.
There are several options to buy COMP such as cryptocurrency exchanges, Peer-to-peer marketplaces, Compound brokers, etc. However, cryptocurrency exchanges are among the most popular ways to buy Compound for beginners. You can easily buy Compound without any buying fees from our exchange.
One of the most important goals of Compound is to provide a platform for interaction between lenders and borrowers. Users can enjoy the privilege of receiving a loan without any intermediaries for pledging their cryptocurrencies, or even lend their property to others and receive interest. This process is similar to the performance of financial institutions; with the difference that it is done in a decentralized manner and on the platform of blockchain. Even by depositing it, you can benefit from the profit of the network.
There is no right time to buy Compound, as the price is highly volatile and can fluctuate rapidly. Some experts believe that the best time to buy is when the price is low and predicted to rise, while others believe in buying and holding for the long term.
It is always recommended to do your own research, understand the risks, and have a clear investment strategy before buying Compound or any other cryptocurrency.
