Compound (COMP) Crypto Exchange

Instantly exchange Compound at the best COMP exchange rate on ChangeNOW. Free of limits, accounts, and worries. Spend your time and energy on what matters — we’ll handle the rest.

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What is Compound?

Compound (COMP) is a decentralised, Ethereum-based lending platform that supports multiple cryptocurrencies. As long as one holds crypto the protocol supports, they can deposit it into a compound smart contract and earn interest by lending.

However, this system is a little different from a bank. When someone deposits crypto into a smart contract, it's changed to native assets called COMP or cTokens. For instance, if one puts in Ethereum, it is automatically converted into an equal amount of cETH.

The cETH is then used as collateral when one wants to borrow and earns interest when lending. Forces of demand and supply determine the interest rates for borrowing and credit on the protocol. Conversely, if there are a high number of people looking to lend, the smart contract lowers the rates, which brings in more borrowers.

How to Buy Compound?

Users can buy COMP on ChangeNOW for one of 700+ cryptocurrencies or for 50+ fiat currencies:

Pick COMP as the “You get” currency aboveChoose crypto or fiat to buy COMP withEnter your Compound wallet addressSend your deposit to a one-time addressReceive your exchanged coins in ~5 mins!

How to Sell Compound?

Swap Compound coins for an asset from our rich crypto selection by following the steps below:

Pick COMP as “You Send” currency above.Choose the asset you’d like to get for your COMPEnter the wallet address of the coin you’d like to getSend your deposit to a one-time addressReceive your exchanged coins in ~5 mins!