Compound (COMP) is now available on Coinbase

Compound (COMP) is now available on Coinbase

Starting right now, Coinbase helps Compound (COMP) at and within the Coinbase Android and iOS apps. Coinbase prospects can now purchase, promote, convert, ship, obtain, or retailer COMP. COMP will probably be available for purchasers in all Coinbase-supported areas, except for New York state.

Compound (COMP)
Compound (COMP) is an Ethereum token that governs the Compound protocol. The protocol permits anybody to provide or borrow Ethereum tokens by means of a decentralized market. Suppliers earn curiosity on the crypto they provide to the protocol and debtors pay curiosity to borrow it.

One of the most typical requests we hear from prospects is to have the ability to purchase and promote extra cryptocurrencies on Coinbase. We printed a course of for itemizing belongings, designed partly to speed up the addition of extra cryptocurrencies. We are additionally investing in new instruments to assist individuals perceive and discover cryptocurrencies. We launched informational asset pages (see COMP right here), in addition to a brand new part of the Coinbase web site to reply frequent questions on crypto.

You can join a Coinbase account right here to purchase, promote, convert, ship, obtain, or retailer COMP right now.

Coinbase owns COMP tokens on account of a 2018 funding in Compound. Coinbase intends to take care of its funding in Compound for the foreseeable future and maintains inside insurance policies that deal with the timing of permissible disposition of its digital belongings, together with COMP tokens.

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