Exchange Compound (COMP)
If you're looking to swap Compound, SwapSpace is your one-stop-shop. We have some light reading for you - in case you'd want a refresher on what is Compound or some fresh information about COMP’s price movements. And, of course, we provide you with the multiple Compound exchange options so that you can choose the offer with the best rates and lowest Compound fees, as well as other parameters that suit you.
Compound Price Stats
To help you make a decision about exchanging your Compound, we gathered some cold hard numbers: Compound price chart and other stats, such as Compound market cap.
24H HIGH $66.69
COMP MARKET CAP $659,800,000
CIRCULATING SUPPLY 10,000,000 COMP
24H LOW $63.91
COMP PRICE $65.98
24H VOLUME $2,276,093.585
Compound Price Chart
Here you can see the current price of Compound, as well as Compound price history.
What is Compound?
Compound is the native utility token of the network under the same name. It powers the ecosystem of the platform specializing in lending and borrowing crypto. It belongs to a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of several pools supported by the platform. Compound is distributed daily and has a fixed supply. The exact number of the remaining tokens, as well as those in circulation, can be seen on the website which also has a FAQ about the tokens. According to the answers provided there, token holders can debate, propose, and vote on all changes to the protocol using COMP. The platform retains a 50 percent distribution of tokens between the suppliers and borrowers on various markets. Every interaction on the ecosystem also results in the automatic transfer of COMP to your wallet. With COMP, users can lend and borrow crypto immediately, without having to spend the time, effort, or cost of dealing with a traditional financial intermediary. It has real value and brings benefit rather than being just a token. COMP and its use-cases incentivize the user to stay loyal to the platform. Compound’s CTO and CEO have previously worked in high-profile roles at Postmates and continue to hold executive positions. They also claim to have world-class investors. Nowadays, COMP occupies a place within the top-50 cryptos. Another advantage is that it can be traded for both fiat and crypto. COMP is also represented on Binance and many major exchanges.
A Simple Way To Exchange Compound Here At SwapSpace
Choose a pair
Choose the cryptocurrencies you would like to exchange among more than 900 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.
Select the best rate
Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!
Receive your coins
You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: email@example.com.