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How to buy Compound (COMP)

Discover where and how to buy Compound online. With Kriptomat, buying COMP and other cryptocurrencies is easy, quick, and secure.

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Buy Compound

Buying Compound with Kriptomat

Three simple steps to purchase Compound with Kriptomat:

Step 1

Create and verify your account

Sign up with Google, Apple or enter your name and email. Verify your email, phone number and identity. Congratulations, you have unlocked the full potential of the Kriptomat platform within minutes!

Step 2

Add funds

Make a bank deposit or use your credit card to add funds even faster. Now, you are ready to buy COMP and 280+ other cryptocurrencies.

Step 3

Buy Compound

Click on the Kriptomat icon and select “Buy”. Choose Compound from the list of cryptocurrencies. Enter the amount, preview transaction and confirm your purchase. You now own Compound!

Your detailed guides to buying COMP

Need more information about how to buy Compound?

Our mission is to make crypto accessible to everyone. That is why it is crucial to simplify buying Compound on Kriptomat. The most popular way to get started is with our mobile app:

Prefer computers? Create your Kriptomat account with your browser and use it for all your crypto investments. We also offer several intelligent crypto investing products to help you reach your financial goals.

Have more questions? Find all our guides here.

Why should I buy Compound on Kriptomat?

Live customer support

Our customer success team is ready to deliver fast, friendly assistance and explanations in your language.

Top coin selection

We offer immediate purchase of popular coins and tokens, including Compound.

Suitable for complete beginners

We focus on simplicity to ensure you quickly master our platform and become a confident crypto investor.

Safe storage

Upon purchase, we provide a secure and reliable offline storage solution, ensuring the safety of stored COMP.

Payment methods

When purchasing Compound with EUR on Kriptomat, you have access to various completely secure options:

Buy Compound with a bank deposit

Safely and conveniently transfer funds via bank deposit with Instant SEPA support. You can buy Compound with your EURO balance.

Buy Compound with a debit or credit card

No time to wait for bank transfers? You can instantly buy Compound with your credit card.

Buy Compound with Skrill or Neteller

Are cards and banks not your style? Skrill and Neteller offer another alternative payment method for buying COMP.

How and Where to Store Compound

Once you buy Compound on Kriptomat, we seamlessly transfer it to your dedicated and secure Compound wallet within our platform. Each user receives an individual wallet.

To protect our customers and their funds, we offer secure offline storage and conduct regular security audits. This approach makes our platform a haven for storing Compound and other cryptocurrencies.

What can I do after I buy Compound?

Hold

Keep your COMP investment safe and track its growth with Kriptomat.

Swap

Exchange your Compound for other cryptocurrencies on Kriptomat to effortlessly diversify your portfolio.

Sell

Sell your Compound for euros and seamlessly withdraw the money back to your linked bank account or card.

Send

Send your COMP to any Compound wallet address anytime. The blockchain never sleeps.

Receive

Receive COMP transfers to your Kriptomat COMP wallet to store it securely on our platform.

Smart strategies for buying Compound with Kriptomat

Buy Compound through Intelligent Portfolios

Explore the option to buy Compound through Kriptomat’s Intelligent Portfolios. These portfolios are designed to optimise returns by leveraging advanced algorithms and diversifying investments across various cryptocurrencies, including Compound. By choosing a portfolio that includes Compound, you can invest in this cryptocurrency alongside other assets, benefiting from automated rebalancing and smart management.

Use Dollar-Cost Averaging (DCA) for your Compound investment

Utilise Kriptomat's Recurring Buy (DCA) feature to automate your Compound purchases over time. DCA allows you to spread your investments across regular intervals, making it easier to enter the crypto market with reduced risk from price volatility. With DCA, you accumulate Compound gradually with a specific amount rather than making a single large investment at once.

Frequently Asked Questions

Which factors influence the price of Compound?

Political events, the world economy, celebrity endorsements, and market news are among many factors that influence crypto prices. Professional investors and savvy individuals track these real-world events to predict Compound price changes.

Why is identity verification necessary to purchase Compound?

Kriptomat is a licensed crypto asset service provider and as such is subjected to rigorous legislation for the prevention of money laundering and terrorist financing, and is subjected to the same AML regulation as applicable for banks and other financial institutions. We are committed to operating according to the laws and regulations and follow best industry practices. Identity verification is essential for protecting you and your crypto funds, and is of essential importance we provide you with a safe environment. Every Kriptomat user must pass the identity verification process before conducting transactions.

How much Compound should I buy?

Everyone must make this decision for themselves, based on their own personal finances and investment strategy. We encourage you to carefully read the Risks of trading virtual assets, as there are many risks you should be aware of and that we cannot protect you from, such as volatility, geopolitical events, and similar factors.

Is there an order maximum?

You can find customer account limits in the Limits section of your account. For a detailed breakdown, visit our fees and limits page.

Is there an order minimum?

Yes, the minimum purchase amount of Compound is 50 EUR. That is the minimum amount to buy Compound and other cryptocurrencies at Kriptomat.

When can I sell my Compound?

Kriptomat has made it easy to sell your Compound for euros whenever you choose – 24 hours a day, 365 days a year.