Introduction
Lending Compound can be an excellent choice for those looking to hold COMP while generating yield. The process might seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.
Step-by-Step Guide for Spain 1
1. Acquire Compound (COMP) Tokens
To lend Compound, you first need to possess it. To acquire Compound, you'll have to buy it. You can select from these popular exchanges available in Spain.
Consulta todos los 75 preciosPlataforma Cripto Price Nexo Compound (COMP) 44.61 APY YouHodler Compound (COMP) 44.49 APY Binance Compound (COMP) 44.51 APY BTSE Compound (COMP) 44.52 APY Coinbase Compound (COMP) 44.52 APY Kraken Compound (COMP) 44.65 APY 2. Select a Compound Lender
Once you have COMP, you'll need to select a Compound lending platform to lend your tokens. You can explore some options here.
Lending APYPlataforma Cripto APY YouHodler Compound (COMP) Hasta 12% APY Blockchain.com Compound (COMP) Hasta 1% APY CEX.io Compound (COMP) Hasta 1.5% APY 3. Earn Compound with competitive APY rates that can help you grow your investment
Once you've selected a platform to earn your Compound, transfer your Compound into your wallet on the earning platform. Once it's deposited, it will begin to accrue APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Generate Earnings
Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more APY you can earn. Try to make sure your earning platform pays compounding APY to maximise your returns.
What to Keep in Mind
Lending your crypto can be risky
Latest Movements in the Market
Compound (COMP) is currently priced at $1.5 con un volumen de negociación de 24 horas de $41.77M. La capitalización de mercado de Compound se sitúa en $639.52M, con 8.87M COMP en circulación. Para aquellos que buscan comprar o intercambiar Compound, YouHodler ofrece vías para hacerlo de manera segura y eficiente
- Capitalización de mercado
- $639.52M
- volumen en 24 horas
- $41.77M
- Oferta circulante
- 8.87M COMP