Buy Compound
in Singapore

Trusted by Compound buyers, you can buy and trade Compound in Singapore and 100+ countries on Blocktrade without any fees easily. 

Singapore

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Buy Compound with Zero Fees

Buy and trade
Compound in Singapore
with Blocktrade without
any trading fees

Wide range of cryptocurrencies

We offer a wide range
of cryptocurrencies
to buy in Singapore. Number increasing as we’re adding new coins and tokens regularly.

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in the EU

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with the Estonian Financial
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How to buy Compound in Singapore

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Payment methods to buy Compound in Singapore

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Debit Card

Bank Transfer

Credit Card

Debit Card

Bank Transfer

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Apple Pay

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Apple Pay

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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.

Will I be taxed if I use cryptocurrencies to pay for goods in Singapore?

No. According to the E-Tax Guide by IRAS, if you use cryptocurrencies to pay for goods and services, the person who pays by cryptocurrency won’t be taxed but the business providing the goods or services will be taxed instead based on the value of the goods or services being provided. This is because cryptocurrencies are not the same as fiat currencies (meaning they aren't considered legal tender), and they are treated as intangible property for the purposes of income tax treatment. This might reduce the likelihood of businesses accepting your crypto tokens as a form of payment.

Is crypto trading income taxable in Singapore?

Yes. According to the E-Tax Guide by IRAS, crypto trading can be subject to income tax in Singapore, and in case you engage in crypto trading regularly, you should make a record of your transactions so that you can report them to the Monetary Authority of Singapore (MAS).

What is the minimum amount to buy Compound ?

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.

How many people own crypto assets in Singapore?

It is estimated that over 550 thousand people, 9.40% of Singapore's total population, currently own cryptocurrency.

How to keep your Compound investment safe?

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.

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