Coinmerce is registered with the Dutch central bank
Additional verification for withdrawing crypto
Listing: Skale (SKL)

Coins

Compound (COMP)

€ 339,37

-3,49 % € -11,84
24h 1w 1m 1y All

Compound Price in Euros

(COMP to EUR)

€ 339,37

Compound Volume

(24h)

€ 213.11 M

Market Cap

(Compound)

€1.82 B
BTC

What is Compound

Compound is a blockchain protocol running on Ethereum. It is based on DeFi or decentralized finance. The platform allows its users to borrow or loan money while their crypto investments are locked into the Compound protocol, thereby incentivizing and allowing a distributed computer network to function like a traditional money market.

More
?

How does Compound work?

Compound has lending pools where users deposit their cryptocurrency, which, in turn is accessed by other users who want to borrow. The deposited crypto earns interest and lenders are awarded with a cToken to represent the deposit, which users can trade or transfer, and withdraw anytime they want to.

More
€

How to buy Compound?

Compound incentivizes its process and rewards users with COMP, its native token. COMP is easy to find and purchase, especially if you have signed up with Coinmerce, a crypto exchange network that allows you to buy the Compound token via credit card or whichever payment method you prefer.

More

How to buy Compound?

You want to buy Compound? You can buy Compound using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Compound, use the search function to search for Compound and click on the name. You can indicate for how many euros you want to buy Compound in the right window. Below is shown how much Compound you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Compound when the price of Compound reaches your entered value. You can also execute a repeating order. Do you want to buy Compound with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Compound.

History

Coin
Type
Price (€)
Total (€)
Date
Status
Coin
Type
Price (€)
Value (€)

About Compound

Compound uses smart contracts. As such, it enables automatic management and storage of capital (which in this case are cryptocurrencies). Additionally, it is permissionless, which means users only need a stable internet connection and a crypto wallet, and they are free to interact with the platform. A former economist by the name of Robert Leshner is acknowledged as the founder of Compound. He also serves as the CEO. He founded the platform in September 2018 with the goal of encouraging users to put their funds to good use. The COMP token was introduced as an ERC-20 token in 2018, when it was entered into the Ethereum blockchain. It is Compound’s native token and also offers governance privileges to its holders. As such, users are allowed to propose and vote on improvement and upgrade initiatives for the protocol. San Francisco-based Compound Labs, Inc is the company that supports Compound.

perm_identity
Founder Geoffrey Hayes
perm_identity
Founder Robert Leshner
date_range
Founded 2017
tv
Industry Decentralized Finance
link
Website Website
device_hub
Network Ethereum
flag
Location United States of America
device_hub
Rank 44
euro
Market Cap 1.82 B
euro
Trading volume 213.11 M
euro
Maximum coins 10 M
euro
Circulating 5.37 M
link
Twitter Twitter
link
Linkedin Linkedin
link
gitHub gitHub