How to buy Compound? COMP
Buy Compound at the most competitive rate
Earn 79.23% APY Compound with Arbitrage Trading Bots
Ways to earn up to -49.69% passive income with your Compound
Still wondering how to buy Compound? Not sure where to buy Compound with the best rate? In this complete guide, you’ll learn how to buy Compound with fiat currency and smart ways to earn more COMP using trading bot.
Create a free Pionex account on website or App
1. Register a Pionex account on website or download the App. 2. Pass the KYC verification. 3. Choose your prefer way to buy COMP ⬇️
4 Different ways to buy COMP on Pionex
Pionex offers the fatest and cheapest rate to buy Compound, including credit card, debit card, bank wire, and ACH transfer. Some of these method are specifically for US citizens. You can choose the best way to buy Compound on Pionex in your country.
A. Buy COMP with credit card or debit card
You can buy Compound by credit card or Apple pay instantly. If you’re a US citizen, you can use debit card to buy Compound on Pionex instead. 1. After signing up a Pionex account, go to the “Buy Crypto with Credit Card” page. 2. Pionex now partnered with the top 3 licensed financial institution that provides a wide range of payment methods. Choose the best rate out of those options. 3. Enter the amount of Compound you want to buy. 4. Input your credit card info and finish the order. 5. You’ll receive your Compound instantly after the transaction verified.Use debit card to buy COMP (instant. For US citizen)
B. Buy COMP with Bank wire and ACH (US citizen only)
If you’re in the US, you can either use bank wire or ACH transfer to buy Compound. With ACH, you can buy Compound without any transaction fees. Here’s how you can buy Compound with ACH: 1. After signing up a Pionex account, go to “USD Deposit” page. 2. Submit your bank account info under the ACH tranfer section. 3. Use your US bank and tranfer your money to the account that shows on the ACH transfer page on Pionex. 4. You’ll receive USD instantly and buy Compound with your USD on Pionex.Bank wire from the US bank
How to sell COMP on Pionex?
Pionex offers up to 500 different trading pairs for you to manage your coins. You can sell your COMP coin to other coins or to US dollars on Pionex.
A. Sell COMP to other coins
Pionex allows you to sell COMP to other coins with swap or manual trade feature. The benefit to sell COMP on Pionex is the extremely fee, which as low as 0.05%. (industrial average is 0.26%)
B. Sell COMP to US dollars (US citizen)
You can sell COMP on Pionex to US dollar and send the money back to your US bank.
More info about COMP
Compound is an algorithmic, autonomous interest-rate protocol on the Ethereum blockchain. Compound has grown to become one of the cornerstones of the DeFi industry. As of June 25th 2020, Compound was the world’s largest DeFi protocol with more than $500 million worth of cryptoassets being locked and over $900 million being supplied. Built for developers, Compound creates efficient money markets where assets can be supplied and borrowed by individuals without any restriction (e.g., KYC). Interest rates are compounded at a block-level on the Ethereum blockchain, and no central party is required. The COMP token is an Ethereum-based token, used for the governance of the protocol. Supporting a vote delegation process, COMP token-holders (and their delegates) can discuss, propose, and vote on any future changes to the Compound protocol. For instance, they can include new assets, or change asset-specific requirements on Compound (e.g., required collateralization margins)Buy Compound
How to buy other coins
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