coin image

Compound PriceCOMP

110
Token
$90.25 12.93%
0.00152 BTC7.77%0.0270 ETH10.11%

Low (24h)

$79.40

$90.42

Compound Price Today

110
Token
Market Cap
$729,623,467.22
Market Dominance
0.03%
Market Cap
$729,623,467.22
Market Dominance
0.03%
Fully Diluted Market Cap
$902,502,903.21
YTD (%)
47.34%
Volume (24h)
$175,277,477.20
Volume / Market Cap
0.24023
Circulating Supply
8,084,445 COMP 80.84%
Max Supply
10,000,000
Total Supply
8,084,445
1h24h7d30d60d90d
2.15%12.93%58.69%66.20% 53.34% 76.06%





COMP to USD

coin image COMP

1

COMP

=

USD

Compound Risk Analysis

5

1

0

Compound (COMP) Markets


Compound Quarterly Returns

YearQ1Q2Q3Q4Total
2020---16.74%12.08%-6.69%
2021166.18%-15.69%-5.70%-36.91%33.52%
2022-25.34%-68.24%28.58%-48.74%-84.37%
202338.20%28.29%-15.20%22.76%84.58%
Average59.68%-18.55%-3.02%-16.94%9.01%

What is a Compound Coin?

It works on a peer-to-peer network. It is a decentralized digital currency that uses blockchain technology. The main aim of the developers is to create a coin that gives the users a new way of financial transactions. It is an alternative to the existing banking system. It provides safe and systematic transactions by eliminating the middleman. It also gives full power in the hands of individual users.

How Does Compound Coin Work?

These coins use the proof-of-stake agreement procedure. This enables users to validate transactions and build new blocks by stocking their coins in a compatible wallet. This aids in building a secure network and to retain its integrity. The blockchain technology that Compound coin uses, guarantees transparency, and stability and refrains from restrictions.

What are the Benefits of Compound Coin?

The coins' main aim was to become a financial system that is an alternative to the existing banking systems. Below are the benefits that it provides to its users as an alternative financial system.

  • Decentralization: Compound coin works on a decentralized network that enables its users to get direct control of their funds. It so so with the elimination of the needs of any centralized authorities.
  • Security: The coin uses blockchain technology that guarantees secure transactions and minimizes the threats of fraudulent activities and unwanted access.
  • Fast Transactions: This coin works on a peer-to-peer network which enables fast transactions and allows immediate transfer all over its network.
  • Low Transaction Fees: Unlike traditional financial systems this coin has transaction fees that are not expensive. This makes it economical for users.
  • Privacy: This cryptocurrency provides a good privacy policy that enables users to hide their identity while transacting.

What are the use cases of Compound Coin?

There are various places where compound coins can be used as a way of payment. Following are some of the main use cases.

  • E-commerce: This cryptocurrency is a convenient and secure option for traditional payment methods. Thus it can be used at many different online marketplaces.
  • Remittances: These coins provide quick and economical transactions which is why it can be used for cross-border payments. This makes it the best choice for someone who wants to make international payments at a low price.
  • Investment: Compound coins can be stacked as a form of investment which will eventually benefit stakeholders when the price rises.
  • Micropayments: They offer low transaction fees which makes it the best choice for micropayments. It enables its users to pay for small digital transactions.
  • Charitable Donations: They can also be given in the form of donations to a charitable trust.

The Future of Compound Coin

The number of adoptions of cryptocurrencies has increased significantly. This may prove to have a positive impact on the future of Compound coins.  Since many people have understood the importance of decentralized finance it will help these coins to achieve new opportunities and emerge as the most acceptable digital currency. The secure and systematic nature of transactions and the wide range of user cases have paved the way to the growth and development of compound Coins.

How to Acquire Compound Coin?

Anyone who wishes to acquire a compound coin can follow the below easy steps. 

  • Choose a Wallet: First choose a good compatible wallet that supports Compound coins. Some of the popular choices are desktop wallets, mobile wallets and hardware wallets.
  • Find an Exchange: Find a good reputed cryptocurrency exchange that lists compound coins. After finding, register and complete the mandatory verification procedures.
  • Deposit Funds: The next step is to deposit a desired amount of funds in your account. It can be a fiat current or any cryptocurrency.
  • Purchase Compound Coin: After depositing funds in your account go to the trading section and search for Compound coin trading pairs. Place the order of a special amount of Compound coins you wish to purchase. 
  • Securely Store Your Coins: For safety purposes as soon as you finish purchasing transfer your compound coins to your secured wallet.

Risks and Considerations

Investment whether it is traditional or in cryptocurrencies always comes with certain risks and uncertainties. These coins are no exception. It is advisable to consider the risks listed below before planning for any investments. 

  • Volatility: Volatility is the common risk involved with cryptocurrencies. It faces a lot of price fluctuations. Thus the value of its holdings is subject to such sudden fluctuations.
  • Regulatory Uncertainty: The regulatory affairs are still in its developing stage. Thus it is best to be fully aware of the changing regulatory affairs.
  • Security: The blockchain technology that is used by it ensures security. Still, it is important to take certain safety measures to secure your private keys and wallets from fraud.
  • Market Liquidity: Before doing any sale or purchase always be aware of the fact that the liquidity status of these coins varies from exchange to exchange.
  • Educate Yourself: For making good decisions it is good to always stay updated about the latest developments and trends in the cryptocurrency ecosystem.

How much is a one Compound worth now?

The current price of the Compound(COMP) is $90.25, with a current market cap $729,623,467.22.

What is the Compound max supply?

The maximum supply of the Compound(COMP) is around 10M.

What is the Compound stock symbol or ticker?

COMP is a ticker symbol of the Compound.

How many COMP coins are there in circulation?

At the movement,8.08M Compound tokens are already in the market out of 10M COMP.

How can I invest in Compound?

There are many options for buying crypto, and Compound can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy Compound. It's a quick, easy, and secure way to buy Compound(COMP).

Is Compound a stablecoin?

No, It is not a stablecoin.

What was the lowest price for Compound?

Compound had an all-time low of $25.55.

What was the Highest price for Compound?

Compound had an all-time low of $25.55.

Can Compound be mined?

No, the Compound (COMP) coin cannot be mined.

Compound Price Prediction

The current Compound price is $90.25. In the last 24 hours, Compound price has gone up by 12.93%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future Compound price prediction.

Portfolio Tracker

Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired Compound at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.

Coin Converter

By exchanging COMP against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Compound can be earned or received in various ways. COMP considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the COMP, including COMP to PHP, COMP to INR, COMP to NGN, COMP to THB, COMP to CAD, COMP to PKR, COMP to IDR , COMP to EUR , COMP to AUD , COMP to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.

Would you like to know how many cryptocurrencies 1 COMP is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like COMP to PEPE, COMP to QI, COMP to EGO, COMP to BTC, COMP to AR, COMP to COTI, COMP to GALA, COMP to WIF, COMP to INJ, COMP to ETH .

COMP Price Current Data

Compound price today is $90.25 USD, which is Up by 12.93% over the last 24 hours. There has been an hourly Rise by 2.15%. Compound's market cap currently sits at $729,623,467.22 USD, holding up for a market cap rank at #110. The volume were at $175,277,477.20 USD Compound ranks no 110 in the market capitalization of Compound is at $729,623,467.22 and its volume for 24 hours is $175,277,477.20. Compound are under circulation, with total supply of 10M and the Maximum supply of 10M.

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COMP Price Statistics

Compound Price Live

COMP Price

$90.25

Percentage Change ( 24h )

12.93%

$11.01
24h High / Low

$90.42 /

$79.40

Trading Volume 24h

$175,277,477.20

Volume / Market Cap

0.24023

Market Dominance

0.03%

Market Rank

110

Market Cap

$729,623,467.22

Fully Diluted Market Cap

$902,502,903.21

All Time High

$911.20

90.1%
All Time Low

$25.55

253.27%
Circulating Supply

8,084,445 COMP

Total Supply

10,000,000 COMP

Max Supply

10,000,000 COMP