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Market cap: —
Overview
Compound (COMP) is a decentralized finance (DeFi) project launched in 2020, using a — (token sobre Ethereum) consensus mechanism with a maximum supply of 10M. Like all cryptocurrencies, it is an extremely volatile asset with no guarantees: only allocate money you could afford to lose entirely.
Full factsheet
- Category
- DeFi
- Launched
- 2020
- Consensus
- — (token sobre Ethereum)
- Max supply
- 10M
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Bit2Me
Spanish exchange regulated by the Bank of Spain.
Kraken
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Coinbase
Publicly listed exchange (Nasdaq), easy to get started with.
Frequently asked questions
When was Compound launched?+
Compound (COMP) launched in 2020. You can check its full price and development history on its official site and on CoinGecko.
How does Compound's consensus work?+
Its network uses — (token sobre Ethereum), with a maximum supply of 10M. This determines how transactions are validated and how its supply evolves over time.
Is Compound a good long-term investment?+
Nobody can guarantee that: cryptocurrencies are highly volatile assets. If you decide to invest, contributing a fixed amount every month (DCA) tends to smooth out the risk compared to trying to time the market.
Where can I safely buy Compound?+
Through a regulated exchange with enough volume. Compare fees and, for larger amounts, consider withdrawing your funds to your own wallet instead of leaving them on the exchange.
Head-to-head comparisons
Other cryptocurrencies in this category
Market data from the public CoinGecko API; technical profiles are indicative. Nothing on this page is financial advice: cryptocurrencies are extremely high-risk assets with no guarantees.