With Bitpanda, you can buy Compound (COMP) easily, quickly and securely and hold it on your COMP wallet.
Create a Bitpanda account and confirm your email address.
Confirm your identity with one of our trusted verification partners, and deposit funds.
You’re all set! Start buying Bitcoin and over 30 more digital assets.
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.
Compound was founded by co-founders Geoffrey Hayes and Robert Leshner
COMP is the governance token of the Compound protocol and ecosystem
COMP token holders have certain privileges on the platform and can vote to distribute fees or for token buybacks in the future
COMP’s release in 2016 only took a single day of trading for COMP to become the leader in the DeFi rankings
Easy and convenient trading platform for new and experienced users
Secure, safe and free wallet service included
Fast and reliable, available 24 hours a day, 7 days a week
Over 30 digital assets, including Bitcoin, Ethereum, Ripple and more
European company, founded in 2014 in Vienna, Austria
Multiple fiat currencies, including euro, Swiss franc, British pound and US dollar