Swap your COMP and USDT with the best rates here on SwapSpace
As of July 12, 2024, the COMP to USDT conversion rate stood at approximately 47.17 COMP for 1 USDT, reaffirming the volatility that characterized this period.
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COMP / USDT live price chart
Both COMP price and USDT price are quite volatile. You can see the history of price changes in the cryptocurrency price chart below to help you make the best decision while considering exchanging your crypto.
As of January 14, 2024, the Compound token (COMP) to Tether (USDT) conversion rate stood at approximately 57.77 COMP for 1 USDT. Around March 14, 2024, the COMP to USDT conversion rate experienced a notable increase, climbing to approximately 89.15 COMP for 1 USDT. This rise might have been influenced by favorable market conditions for Compound or specific developments within the decentralized finance (DeFi) sector. In the subsequent weeks, the conversion rate fluctuated.
By May 13, 2024, the COMP to USDT conversion rate had dipped slightly, reaching around 54.6 COMP for 1 USDT. However, on July 4, 2024, there was a further decline, and the conversion rate dropped to about 44.65 COMP for 1 USDT. This downward trend might have been influenced by broader market movements or specific factors impacting the Compound project. It is essential to consider both market dynamics and project-specific elements when analyzing crypto conversion rates.
As of July 12, 2024, the COMP to USDT conversion rate stood at approximately 47.17 COMP for 1 USDT, reaffirming the volatility that characterized this period.
How to exchange COMP and USDT on SwapSpace
On this page, we already put COMP in the “You send” and USDT in the “You get” section in the exchange window below — so you should just enter the amount you want to exchange. Next, press the ”View offers” button and select the exchange service that you like the most. Choose either fixed or floating exchange rate, as we at SwapSpace provide you with options for either of them!
Fill in the “Provide the recipient address” field with the destination USDT address and provide the refund address for your COMP if you want. If your preferred wallet is Trezor, you can press the button to connect a wallet and simplify the exchange process (more on that — in our FAQ). Check the information carefully and click the “Next” button.
Using the wallet of your choice, send your COMP to the address you see on the screen. You can use the QR code to speed up the process. You can also press the “Connect Wallet” button, which will give you options to connect your Metamask wallet, Trezor, or use WalletConnect (more on using those options — in our FAQ). As soon as our partner gets your COMP, the exchange will continue.
At this stage, you need just to wait until you get your coins in the wallet. Check the Swap Tracker if you want to know the exchange status, and feel free to contact the support if it seems like something is going wrong. That’s it!
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