How does Compound work?

Unlike traditional currencies, Compound is not issued or maintained by a centralized government entity. Instead, a decentralized network of computer nodes is responsible for maintaining Compound. This decentralization means the holders and users of Compound can help to maintain the network.

Where can I buy Compound?

Most find that the easiest and most secure way to purchase Compound is through a reliable cryptocurrency platform like Kraken. While Compound can be purchased using several different methods, Kraken offers the security, support and simplicity people often look for when buying cryptocurrencies like Compound.

How much does 1 Compound cost?

At the current market rate, it costs $47.36 to purchase one COMP. Kraken makes it easy to buy & sell Compound with confidence.

Can I buy $100 worth of Compound?

Yes, Kraken offers a secure and easy to buy $100 worth of Compound. At its current price, $100 equals 2.11 COMP.

Is it safe to buy Compound?

Kraken employs advanced security measures, including encryption and account protection, to ensure your Compound purchase is secure. However, while Kraken provides a secure platform, market volatility can still affect your Compound investment. You should do your own research on Compound price before buying.

Is Compound a good investment?

The short answer is, it depends on your own individual circumstances and risk tolerance. For those that see a long term prospect behind decentralization, Compound may be a worthwhile purchase.

Can I purchase Compound using my local currency?

Kraken supports a variety of government-issued fiat currencies, including US Dollar (USD), Euro (EUR), Canadian Dollar (CAD), and others. For the full list of supported fiat currencies, please visit this article.

How much is Compound transaction fee?

Kraken offers competitive fees for Compound transactions, which are influenced by the trading amount and payment type. Learn more about Kraken’s fee structure.

What is the minimum amount of Compound I can buy?

You can buy as little as $10 worth of Compound on Kraken. Kraken also allows you to set up recurring buys (charges apply) so you can continuously accumulate small amounts of Compound regularly.

How to buy Compound with PayPal?

To buy Compound with PayPal on Kraken, deposit funds by selecting "Deposit" on your account homepage. Choose an asset like Compound, select PayPal as the method and connect your PayPal account if needed. Enter the deposit amount, confirm, and once funds are added, use them to purchase Compound.

How to buy Compound with a debit card ?

You can buy Compound using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.

How to buy Compound with a credit card ?

To buy Compound using a credit card issued by a bank , navigate to the "Buy Crypto" section, add your card details and follow the steps to finalize the transaction. Debit & credit card purchases are available to Kraken users with Intermediate or Pro level verified accounts and residence in a supported country. Kraken accepts Visa or Mastercard that support 3D Secure (3DS) which is in the same legal name as your Kraken account.

How to buy Compound with other cryptocurrencies?

Kraken makes it easy to buy Compound using other cryptocurrencies. If the direct trading pair is not available, you can use Kraken's Convert feature to seamlessly swap any listed crypto for Compound. Browse the Compound markets available on Kraken or use the Convert tool to trade between hundreds of cryptocurrencies quickly and easily. For a complete list of trading pairs, visit the Kraken support center.

Can I transfer Compound from Kraken to my crypto wallet?

Yes, the Compound you buy on Kraken is yours. Kraken makes it easy to withdraw your Compound to any hot wallet or cold wallet that supports Compound. Simply enter the external wallet address and your Compound will be in your wallet a few moments later.

Is it safe to keep Compound on Kraken?

We take every measure possible to keep the Compound you choose to leave on Kraken secure and accessible to you. While we still believe the safest place for your crypto is in your own cryptocurrency wallet, we constantly strive to be as transparent and secure as possible when you trust us with your Compound. Learn more about our globally-recognized security standards.

What is the current circulating supply of Compound?

The current circulating supply of Compound is 9,084,977 COMP.

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How to buy Compound

Learn how to buy Compound on Kraken’s crypto platform . Create your free account and connect a funding method to buy over cryptocurrencies including COMP. Kraken makes it quick and easy to get started.

Step 1: Sign up - Provide your email address and country of residence to get started with our secure verification process.

Step 2: Choose a payment method - Send a bank wire, make an ACH purchase, use a credit/debit card or connect several other payment methods.

Step 3: Click "Buy Crypto" - Select “Buy crypto” on either Kraken’s desktop and mobile app to start your purchase.

Step 4: Choose from 400+ assets - Buy Compound or select from hundreds of other popular cryptocurrencies available on Kraken today (geo restrictions apply).

Step 5: Enter the cash amount - Input the amount you want to spend using your local currency before previewing how much COMP you will receive.

Step 6: Complete your order - Confirm the asset price, purchase amount and fees to instantly receive Compound in your Kraken account.

In the past 24 hours, Kraken clients bought 2,810 COMP worth $133,097.

Why buy Compound with Kraken ?

Kraken offers a safe and easy way to get started with crypto. Use our flexible payment methods to buy Compound with a credit card, debit card, bank transfer, and more.

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About Compound

Compound (COMP) lets you earn interest on various cryptocurrencies. Built on the Ethereum blockchain, the Compound protocol establishes money markets which algorithmically derive interest rates based on the supply and demand of different cryptocurrencies. This allows suppliers and borrowers of a given asset to earn or pay a floating interest rate without having to negotiate terms with a peer or counterparty.

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What can you do with Compound?

With Kraken, you can do more with Compound. From making your first trade to utilizing our advanced Compound pro trading tools, all the Kraken features you need are backed by our robust security features and 24/7 support.

Compound rewards

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Trade Compound for NFTs

Collect & trade NFTs

Trade Compound futures

95+ perpetual futures

Predict Compound price

Use our Compound price prediction tool

Swap Compound for other assets

After you buy Compound, you can trade it for fiat currencies and other cryptocurrencies. Kraken offers over 200 Compound trading pairs so you can move in and out of the market with ease.

Learn more about Compound

How does Compound work?
Unlike traditional currencies, Compound is not issued or maintained by a centralized government entity. Instead, a decentralized network of computer nodes is responsible for maintaining Compound. This decentralization means the holders and users of Compound can help to maintain the network.
Where can I buy Compound?
Most find that the easiest and most secure way to purchase Compound is through a reliable cryptocurrency platform like Kraken. While Compound can be purchased using several different methods, Kraken offers the security, support and simplicity people often look for when buying cryptocurrencies like Compound.
How much does 1 Compound cost?
At the current market rate, it costs $47.36 to purchase one COMP. Kraken makes it easy to buy & sell Compound with confidence.
Can I buy $100 worth of Compound?
Yes, Kraken offers a secure and easy to buy $100 worth of Compound. At its current price, $100 equals 2.11 COMP.
Is it safe to buy Compound?
Kraken employs advanced security measures, including encryption and account protection, to ensure your Compound purchase is secure. However, while Kraken provides a secure platform, market volatility can still affect your Compound investment. You should do your own research on Compound price before buying.
Is Compound a good investment?
The short answer is, it depends on your own individual circumstances and risk tolerance. For those that see a long term prospect behind decentralization, Compound may be a worthwhile purchase.
Can I purchase Compound using my local currency?
Kraken supports a variety of government-issued fiat currencies, including US Dollar (USD), Euro (EUR), Canadian Dollar (CAD), and others. For the full list of supported fiat currencies, please visit this article.
How much is Compound transaction fee?
Kraken offers competitive fees for Compound transactions, which are influenced by the trading amount and payment type. Learn more about Kraken’s fee structure.
What is the minimum amount of Compound I can buy?

You can buy as little as $10 worth of Compound on Kraken. Kraken also allows you to set up recurring buys (charges apply) so you can continuously accumulate small amounts of Compound regularly.
How to buy Compound with PayPal?
To buy Compound with PayPal on Kraken, deposit funds by selecting "Deposit" on your account homepage. Choose an asset like Compound, select PayPal as the method and connect your PayPal account if needed. Enter the deposit amount, confirm, and once funds are added, use them to purchase Compound.
How to buy Compound with a debit card ?
You can buy Compound using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.
How to buy Compound with a credit card ?
To buy Compound using a credit card issued by a bank , navigate to the "Buy Crypto" section, add your card details and follow the steps to finalize the transaction. Debit & credit card purchases are available to Kraken users with Intermediate or Pro level verified accounts and residence in a supported country. Kraken accepts Visa or Mastercard that support 3D Secure (3DS) which is in the same legal name as your Kraken account.
How to buy Compound with other cryptocurrencies?
Kraken makes it easy to buy Compound using other cryptocurrencies. If the direct trading pair is not available, you can use Kraken's Convert feature to seamlessly swap any listed crypto for Compound. Browse the Compound markets available on Kraken or use the Convert tool to trade between hundreds of cryptocurrencies quickly and easily. For a complete list of trading pairs, visit the Kraken support center.
Can I transfer Compound from Kraken to my crypto wallet?
Yes, the Compound you buy on Kraken is yours. Kraken makes it easy to withdraw your Compound to any hot wallet or cold wallet that supports Compound. Simply enter the external wallet address and your Compound will be in your wallet a few moments later.
Is it safe to keep Compound on Kraken?
We take every measure possible to keep the Compound you choose to leave on Kraken secure and accessible to you. While we still believe the safest place for your crypto is in your own cryptocurrency wallet, we constantly strive to be as transparent and secure as possible when you trust us with your Compound. Learn more about our globally-recognized security standards.
What is the current circulating supply of Compound?
The current circulating supply of Compound is 9,084,977 COMP.

How to buy other crypto assets ?

With so many assets to choose from, deciding which crypto to buy can seem overwhelming. We've put together guides for hundreds of top blockchain projects to help you navigate the process from A to Z. Take a look at more buying guides below.