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Compound (COMP)

Live Compound (COMP) Price

The StormGain Live Compound Price Index provides the latest COMP price in Tethers (USDT) using an average from the world's leading exchanges.

COMP/USDT Price Chart

The COMP/USDT price chart shows the latest price changes in different timeframes and views: the candlestick chart, line chart and area chart

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Buy, sell and exchange Compound

StormGain allows you to buy, sell and exchange Compound using data from the live COMP price chart to inform your trades.

What is COMP?

Compound is an Ethereum based network that allows users to earn money from dedicated lending pools by depositing cryptocurrency. These pools are accessible to users who want to borrow, and the lenders or depositors earn interest on whatever they deposit. The COMP is a way of rewarding users of the Compound network by giving additional tokens whenever a user borrows, lends or withdraws.  

Compound price history

Although the Compound network was already running since 2017, COMP price history began from its launch in June 2020. Its price started trading around $64, as stated by CoinMarketCap. And rose to $337 in just a few days. Unfortunately, it declined steadily for the remainder of the year. In 2021, COMP's price recovered the lost ground and reached an all-time high at $911.

Compound price prediction

COMP's future price isn't set in stone, and experts have predicted that more traders and businesses will adopt the Compound network. This should translate to higher prices in the future. To learn more about Compound's future price, check out our COMP price prediction here.

Signals for Compound trading

Make cryptocurrency trading decisions based on StormGain's trading signals. Each Buy or Sell signal has two main indicators — profitability and probability — to help you make sound decisions. The signals are available for free immediately after you register.

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What affects the price of Compound today?

The price of COMP today is affected by various uncontrolled factors, which extends to other cryptocurrencies. A typical influencer of the price is the general demand for a coin. More DeFi lending pool network adoption will increase demand for the COMP token, causing price growth.

How can I buy Compound (COMP)?

To buy Compound on StormGain, all you need to do is fund your account. You can do that in several ways:
Deposit via crypto wallet with no charge fee.
Deposit using Visa or Mastercard via Simplex or Koinal (USDT).
Deposit via bank transfer.
Once you've completed your deposit, head over to the trading platform to buy COMP. 

How to sell COMP

To sell Compound, you first have to own the cryptocurrency by funding your account. You can do that in several ways:
Deposit via crypto wallet with no charge fee.
Deposit using Visa or Mastercard via Simplex or Koinal (USDT).
Deposit via bank transfer.
Once you've completed your deposit, head over to the trading platform to sell COMP. 

How to exchange COMP

To exchange COMP, first make sure you have enough funds to exchange it. Navigate to the 'Exchange' window, select the asset you want under 'To wallet', then input the amount you wish to exchange under 'From wallet'. At the bottom of the exchange platform, you'll see a calculator that tells you how much your asset is worth and the commission fee. 

How to start Compound trading

To begin COMP trading on StormGain, fund your account with at least the minimum deposit amount. You can do that easily with your bank card or via a direct crypto deposit into your wallet. Once you confirm funds in your account, head over to StormGain's trading platform and select COMP from the list of instruments to begin trading.