How to Purchase Compound (COMP): A Step-by-Step Guide for Australians

Introduction

When purchasing Compound, there are several factors to consider, including selecting an exchange to buy it from and the transaction method. Fortunately, we've compiled a list of reputable exchanges to assist you with the process.

Step-by-Step Guide

1. Select an Exchange
Research and select a cryptocurrency exchange that operates in Australia and supports Compound trading. Consider factors such as fees, security, and user reviews.
Platform Coin Cost
Nexo Compound (COMP) 25.11
PrimeXBT Compound (COMP) 24.97
YouHodler Compound (COMP) 25.03
Binance Compound (COMP) 25.02
BTSE Compound (COMP) 24.98
Coinbase Compound (COMP) 25.02
See all 76 prices
2. Create an Account
Register on the exchange's website or mobile app, providing personal information and identity verification documents.
Platform Coin Cost
Nexo Compound (COMP) 25.11
PrimeXBT Compound (COMP) 24.97
YouHodler Compound (COMP) 25.03
Binance Compound (COMP) 25.02
BTSE Compound (COMP) 24.98
Coinbase Compound (COMP) 25.02
See all 76 prices
3. Top Up Your Account
Transfer funds to your exchange account using supported payment methods such as bank transfer, credit card, or debit card.
4. Navigate to the Compound market
Once your account is funded, search for Compound (COMP) in the exchange's marketplace.
5. Select a Transaction Amount
Enter the amount of Compound you wish to purchase.
6. Confirm Purchase
Preview the Transaction Details and Confirm Your Purchase by clicking the "Buy COMP" or equivalent button.
7. Complete Transaction
Your Compound purchase will be processed and deposited into your exchange wallet within minutes.
8. Transfer to a Hardware Wallet
It's always best to keep your crypto in a hardware wallet for security reasons. We recommend using Wirex or Trezor.

Platform	Coin	Cost
Nexo	Compound (COMP)	25.11
PrimeXBT	Compound (COMP)	24.97
YouHodler	Compound (COMP)	25.03
Binance	Compound (COMP)	25.02
BTSE	Compound (COMP)	24.98
Coinbase	Compound (COMP)	25.02

Platform	Coin	Cost
Nexo	Compound (COMP)	25.11
PrimeXBT	Compound (COMP)	24.97
YouHodler	Compound (COMP)	25.03
Binance	Compound (COMP)	25.02
BTSE	Compound (COMP)	24.98
Coinbase	Compound (COMP)	25.02

What to Be Aware Of

When purchasing Compound, it's important to choose a reputable exchange that is user-friendly and has reasonable fees. Once you've done this, always transfer your crypto to a hardware wallet. That way, no matter what happens to that exchange, your crypto remains safe.