Compound (COMP) is the governance token of the Compound Protocol, one of the earliest and most influential decentralized finance (DeFi) platforms. Launched in 2020, Compound allows users to lend and borrow digital assets through fully decentralized smart contracts, eliminating the need for traditional financial intermediaries.
Holders of COMP can participate directly in protocol governance by proposing and voting on upgrades, interest rate models, asset listings, and other key decisions. This governance-driven approach empowers the community to shape the future of the platform. As DeFi adoption continues to expand, many investors choose to Buy COMP to engage in decentralized decision-making or gain exposure to the broader lending ecosystem.
The value of COMP is often influenced by platform activity, liquidity levels, and overall demand for decentralized borrowing and lending. With its proven infrastructure and role in advancing the DeFi sector, Compound remains a cornerstone protocol in the digital financial landscape.
Begin by creating your Cryptal account and completing identity verification to secure your COMP transactions.
Add funds in GEL, USD, or EUR via Visa/Mastercard, wire transfer, or cash. Once your balance is funded, you’re ready to Buy COMP instantly.
Choose the purchasing method that suits you:
- Direct card purchase for instant access to COMP;
- Convert to exchange any supported asset for COMP in one click;
- Spot Exchange to trade COMP at the live market price.
What is COMP?
COMP is the governance token of the Compound DeFi lending protocol.
How can I buy COMP?
You can buy COMP on Cryptal using Visa/Mastercard, exchange trading, or Convert.
What makes COMP unique?
Holders can vote on protocol upgrades and influence DeFi economics.
Is COMP considered risky?
Yes - DeFi tokens are sensitive to market, liquidity, and smart-contract risk.
Can I withdraw COMP?
Yes. COMP is an ERC-20 token you can store externally.