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
Simple 3-step guide to buying COMP today in Congo - Brazzaville
Create your free Bitget account
Select a funding method
Complete your Compound purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Compound using a payment method of your choice:
Buy Compound with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tabCredit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Compound order.How to buy crypto with credit/debit cardBuy Compound with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Compound is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Compound order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Compound order.Buy Compound with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Compound order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Compound in your Bitget spot wallet

Bitget—where the world trades Compound
How to buy Compound for free
- Learn how to earn Compound for free through the Learn2Earn promotion
- Earn free Compound by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Compound airdrops by joining On-going challenges and promotions

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The Republic of the Congo, often known as Congo-Brazzaville, is a country in central Africa that is home to gorilla habitats in its rainforest reserves. Kinshasa, the capital of the neighboring Democratic Republic of the Congo, is located across the Congo River from Brazzaville, the country's capital city. 5,829,013 people call Congo home as of 2022, and the Congolese franc is the country's national currency. Using P2P trading and other crypto deposits, you may buy Compound(COMP) and other cryptocurrencies at the Bitget exchange in only a few minutes from Congo.
The official languages of congo are French, Lingala, Swahili, Kongo, and Luba-Kasai. The Bitget website and app are available in French.
Congo is surrounded by beautiful cities such as Basoko, Lubao, Lusambo, Nioki, and many others. Wherever you are in Congo, Bitget will be there to give you a seamless crypto trading experience.
The tropical climate of the nation is marked by high temperatures, frequent downpours, and high humidity. It has beautiful scenery, waterfalls, and a lush jungle. The Democratic Republic of the Congo experiences heavy humidity and year-round warmth.
Every year, on June 30, people commemorate Congo Independence Day. On this day in 1960, the nation officially declared its historic independence from the Belgian colonial powers. Kinshasa, Lola Ya Bonobo, Kahuzi Biega National Park, Nyiragongo Volcano, Virunga, and other lovely sites may be found in Congo. The best cryptocurrency exchange in Congo to trade Compound(COMP) and other cryptocurrencies is Bitget.