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Where and How to Lend Compound (COMP)

Earn up to
12% APY

Lend with YouHodler

What you will learn

  1. 1

    How to Lend Compound (COMP)

    A detailed guide on how to lend Compound (COMP)

  2. 2

    Statistics about Compound Lending

    We've got lots of data on lending Compound (COMP) and we share some of this with you.

  3. 3

    Other coins you can lend

    We show you some lending options with other coins that could be of interest.

Introduction

Lending Compound can be a great option for those who want to hold COMP but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-step Guide

  1. 1. Get Compound (COMP) Tokens

    To lend Compound, you need to have it. To get Compound, you'll need to buy it. You can choose from these popular exchanges.

  2. 2. Choose a Compound Lender

    Once you have COMP, you’ll need to choose a Compound lending platform to lend your tokens. You can see some options here.

    PlatformLooniesInterest rate
    YouHodlerCompound (COMP)Up to 12% annual percentage yield
    KucoinCompound (COMP)Up to 0.5% annual percentage yield
    Blockchain.comCompound (COMP)Up to 1% annual percentage yield
    See all 10 lending rates
  3. 3. Lend Your Compound

    Once you’ve chosen a platform for lending your Compound, transfer your Compound into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others pay weekly or monthly.

  4. 4. Earn Interest

    Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximize your returns.

What to be Aware of

Loaning your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check out their lending practices, reviews, and how they secure your cryptocurrency.

Latest Movements

Compound (COMP) is currently priced at US$1.5 with a 24-hour trading volume of US$41.77M. The market cap of Compound is currently at US$639.52M, with 8.87M COMP in circulation. For those interested in buying or trading Compound, YouHodler offers ways to do so securely and efficiently

Market capitalization
US$639.52M
24h volume
US$41.77M
Circulating supply
8.87M COMP
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