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COMP

How to buy Compound Token

With Bitpanda, you can buy Compound (COMP) easily, quickly and securely and hold it on your COMP wallet.

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Sign up to Bitpanda

Create a Bitpanda account and confirm your email address.

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Verify and deposit funds

Confirm your identity with one of our trusted verification partners, and deposit funds.

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Start buying and selling Compound

You’re all set! Start buying Bitcoin and over 30 more digital assets.

About Compound (COMP) cryptocurrency

Compound is an algorithmic, autonomous interest rate protocol built for developers. The project’s goal is to, as the name suggests, allow users to earn interest on their crypto holdings within the Compound ecosystem. COMP is the native token running on the Ethereum blockchain. Its purpose is to govern the autonomous Compound protocol, which allows anyone to borrow and lend Ethereum-based tokens on a decentralised market. Lenders can earn interest on cryptocurrency they supply to the protocol and borrowers pay interest to borrow it.

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Compound was founded by co-founders Geoffrey Hayes and Robert Leshner

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COMP is the governance token of the Compound protocol and ecosystem

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COMP token holders have certain privileges on the platform and can vote to distribute fees or for token buybacks in the future

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COMP’s release in 2016 only took a single day of trading for COMP to become the leader in the DeFi rankings

Why you should choose Bitpanda

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Easy and convenient trading platform for new and experienced users

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Secure, safe and free wallet service included

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Fast and reliable, available 24 hours a day, 7 days a week

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Over 30 digital assets, including Bitcoin, Ethereum, Ripple and more

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European company, founded in 2014 in Vienna, Austria

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Multiple fiat currencies, including euro, Swiss franc, British pound and US dollar