How & Where to Buy Compound A Step-by-Step Guide to Buying comp
- Sign up at Gemini, the #1 rated comp exchange.
- Fund your account with cash or crypto.
- Buy comp
- STEP 1Find the Best comp Exchange
- Ease of useVery EasyTime to 1st Buy10 min24h Volume$20,659,392Coins49
Founded by the Winklevoss twins, who also conceived Facebook, Gemini is an ultra-convenient and incredibly legitimate platform that has gone through every level of financial scrutiny possible to be the most reliable cryptocurrency exchange in the US. Truly too legit to quit, this is one of the few exchanges where your funds are actually insured in case of theft. USD-only, features most of the well-known cryptocurrencies.
- Ease of useEasyTime to 1st Buy24 hrs24h Volume$27,986,487Coins58
Founded in 2019 as the USA-focused branch of the Binance family of exchanges, Binance.US supports trading in over 50 cryptocurrencies, and has the same industry standard low 0.1% fees as the original international Binance exchange. American users can buy crypto directly with a debit card, but Binance.US is not available in 7 states including New York & Texas.
- Ease of useEasyTime to 1st Buy2 hrs24h Volume$Coins59
No platform has been able to attract first-time cryptocurrency investors quite like Coinbase. Each quarter, millions of new users sign up and take advantage of the simplest and smoothest customer purchasing journey in the market. Coinbase also aims to educate beginners, paying them in crypto to learn about different projects.
- Ease of useVery EasyTime to 1st Buy24h Volume$189,010,906Coins66
A decade of security, honesty, and transparency has given San Francisco’s Kraken an impressive reputation and helped it to become the fourth-largest cryptocurrency exchange in the business. The brokerage service offered by Kraken has more coins to buy and sell directly with cash than most of their competitors. Debit and credit card purchases are permitted with comparably low fees. Well-suited to beginners and those who want to buy and hold coins long-term.
- Ease of useVery EasyTime to 1st Buy24h Volume$11,759,697Coins90
British cryptocurrency exchange CEX.IO proves that good things come in small packages, with the lowest credit and debit card fees, and one of the best off-ramp processes in the industry. Deposit fees in GBP are given a 50% discount, making them ultra-appealing to UK traders. Founded in 2013, with over 4m registered accounts. Recently branched out to the US.
Go to Gemini and create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.
This is completely normal and all exchanges we list on this page have security in place to protect your personal info.
- STEP 2Fund Your Account
It is now time to add funds to your newly created exchange account. This will allow you to purchase Compound comp quickly.
Upon signing up at the exchange, you should be shown easy to follow instructions to buy comp with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for comp.
Frequently Asked Questions About Buying & Selling Compound (comp)
How do I Buy comp with Crypto?
If you want to buy comp with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for Gemini and send your crypto to your account.
You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to Gemini.
You will then copy that address and paste it into the wallet holding your cryptocurrency and send.
Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.
How do I sell Compound (comp)?
To sell comp, simply reverse the buying process described above. You will likely need to trade your comp into a USD coin like USDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.
Compound Research Center
Compound Technical Details & Statistics
- Market Rank79
- Market Cap1,612,195,962
- Circulating Supply6,018,895
- Total Supply10,000,000 comp
- Max Supply10,000,000
- 24 HR Volume200,415,855 USD
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