Where and how to buy Compound in Chile
Step-by-step guide
Step 1: Create a Bitget account.
Step 2: Complete Bitget's identity verification.
Step 3: Place a Compound order through any of the various payment options provided.
![Complete your payment on Bitget App image 1](https://img.bitgetimg.com/image/third/buy_crypto_bitget_app_en.png)
![Enter the bank card details to complete your payment on Bitget Website image 1](https://img.bitgetimg.com/image/third/buy_crypto_en.png)
![Complete your payment on Bitget App image 2](https://img.bitgetimg.com/image/third/complete_your_payment_on_bitget_app_en.png)
![Enter the bank card details to complete your payment on Bitget Website image 2](https://img.bitgetimg.com/image/third/payment_bitget_website_en.png)
![player.png](/how-to-buy/_next/static/media/player.7cdb5ddf.png)
![player.png](/how-to-buy/_next/static/media/player.7cdb5ddf.png)
![player.png](/how-to-buy/_next/static/media/player.7cdb5ddf.png)
Step 4:Monitor Compound in your Bitget spot account
![Check your Assets](https://img.bitgetimg.com/image/third/check_your_assets_en.png)
Alternative methods to obtain Compound in Chile
Convert crypto to Compound with Bitget Convert
![Bitget Convert Preview](https://img.bitgetimg.com/image/third/bitget_convert_preview_en.png)
Swap on-chain assets to Compound with Bitget Swap
Methods to obtain Compound for free
![Compound](https://img.bitgetimg.com/multiLang/coin_img/5af59236c8889918958b8acfbfad4cc9.png)
Buy other cryptos
Buy Compound in a different country
![welcom-login.png](/how-to-buy/_next/static/media/welcom-login.335a5af0.png)
![arrow-right.png](/how-to-buy/_next/static/media/arrow-right.f132ed1b.png)
How to buy Compound in other countries?
What can you do with Compound?
![store.png](/how-to-buy/_next/static/media/store.58f81307.png)
Store/Hold Compound
Many users hold on to their Compound with the expectation of it increasing in value. You can store your COMP safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
![sell.png](/how-to-buy/_next/static/media/sell.9e7aab8b.png)
Trade Compound
You can trade Compound for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Compound trading to meet your needs.
![trade2.png](/how-to-buy/_next/static/media/trade2.2db0b601.png)
Send Compound
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Compound online and send to anyone and anywhere with their Compound address.
![send.png](/how-to-buy/_next/static/media/send.363baf3d.png)
Spend Compound
You can also buy goods and services with your Compound. More and more vendors and retailers accept Compound every day.
![earn.png](/how-to-buy/_next/static/media/earn.36620fb5.png)
Donate Compound
Bitget Charity accepts Compound donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Compound so no one misses out on the growth made possible by blockchain.
![learn.png](/how-to-buy/_next/static/media/learn.9e8b8fb0.png)
Learn More About Compound
You can read more in-depth articles on Compound from Bitget Research and study how cryptocurrencies like Compound work on Bitget Academy
Market stats to assist in determining optimal times for purchasing Compound
What is Compound (COMP)?
Compound is a decentralized finance (DeFi) protocol that allows users to earn interest on their cryptocurrency holdings and borrow assets without the need for a central authority. Launched in 2018 by Geoffrey Hayes and Robert Leshner, the protocol is built on the Ethereum blockchain and has quickly become one of the most popular DeFi platforms. At the moment, the total value locked of Compound is close to $1.6 billion, and the highest TVL at one time was close to $10 billion.
How Compound (COMP) Works
Compound allows users to lend and borrow cryptocurrency without intermediaries, enabling greater efficiency and flexibility than traditional financial systems. Users can earn interest by supplying digital assets to the platform, and can also borrow assets by depositing collateral in the form of other cryptocurrencies. Interest rates are determined by supply and demand, with rates varying depending on the asset being lent or borrowed.
One of the unique features of Compound is the use of algorithmic interest rates, which adjust in real-time based on market conditions. This allows the platform to maintain a balance between supply and demand, ensuring that interest rates remain stable and liquidity is maintained.
COMP is the native token of the Compound protocol, and is used for governance and to incentivize users to contribute to the platform. Users who supply or borrow assets on Compound are rewarded with COMP tokens, which can be used to vote on proposals for changes to the protocol. This ensures that the community has a say in the development of the platform and helps to maintain its decentralization.
How Many Compound (COMP) Tokens Are in Circulation?
There is a total supply of 10 million COMP tokens, with around 7.3 million currently in circulation.
How to Buy Compound (COMP)
Consider investing in Compound (COMP)? It only takes 2 minutes to create an account on Bitget and start trading COMP.
Check out the available COMP trading pairs on Bitget!
Futures market
Spot market
Compound (COMP) Resources
Buy Compound in Chile with Bitget
How to safely store your Compound
- Sign up and transfer COMP to your Bitget account.
- Alternatively, use Bitget Wallet as a self-custody solution for your COMP.
How to withdraw Compound with Bitget's hassle-free withdrawal process
COMP to local currency
Crypto calculator- 1 COMP to USD$40.85
- 1 COMP to JPY40.85
- 1 COMP to VND40.85
- 1 COMP to RUB40.85
- 1 COMP to EUR (Español)40.85
- 1 COMP to TRY40.85
- 1 COMP to EUR (Italiano)40.85
- 1 COMP to EUR (Français)40.85
- 1 COMP to EUR (Deutsch)40.85
- 1 COMP to CNY40.85
- 1 COMP to TWD40.85
- 1 COMP to EUR (Português)40.85
- 1 COMP to IDR40.85
- 1 COMP to THB40.85
- 1 COMP to PLN40.85
- 1 COMP to UAH40.85
- 1 COMP to UZS40.85
- 1 COMP to SAR40.85
- 1 COMP to PHP40.85