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PricesCompound Price

Compound

COMP

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Please note: like most trading venues, we display the current mid-market rates in our price charts. When you trade, you get the current bid or ask price depending on whether you are buying or selling. There is always a slight difference between the mid-market and the current bid or ask prices. This is a natural result of how Exchange order books work.

Digital currencies are very high risk. Do not invest money you can’t afford to lose. Please consider the suitability of crypto for your individual position before trading.

About Compound (COMP)

Compound is a decentralised, blockchain-based protocol that facilitates the borrowing and lending of crypto. Compound launched its native utility cTokens (COMP) on June 16, 2020. 

COMP holders govern the protocol. Developers, using the Ethereum blockchain, created the cToken as a governance token, so that holders have power to shape the protocol's future.

Anyone who owns the coin gets voting rights which are proportional to their holdings. In the case of COMP holders, they are given voting rights to determine the underlying products and functionality of the Compound protocol. 

The protocol functions as a decentralised ledger for lending and borrowing cryptos. Anyone holding a supported crypto can deposit it into a Compound smart contract, put into a liquidity pool where it generates interest. The Compound protocol currently (as of mid-January 2021) has $5 billion worth of assets earning interest across nine markets.

How to buy Bitcoin

With Uphold, you can set up an account, verify your identity and buy crypto with ease.

Here is how:

1. Go to Uphold.com and click ‘Sign up’

2. Enter your email address, phone number and your personal details

3. Tell us how you plan to use Uphold and provide some basic financial information (e.g., employment status and source of funds)

4. Verify your identity by providing an ID document and taking a ‘selfie’

… and you’re off to the races!

Just start trading.

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