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.
About Compound (COMP)
Compound is a decentralized, 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 decentralized 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 buy digital currencies in just 11 clicks - even if you don’t have an account yet.
Nothing could be easier.
Here’s how fast it is to get started:
2. Enter your email address and personal details.
3. Click the link we send you and create a password
… and you’re off to the races!
Just start trading.
Get more coin for your coin
0% deposit fees 0% withdrawal fees