How to Purchase Pound Sterling (GBP) with Compound (COMP)

To purchase Pound Sterling using Compound, first, find a cryptocurrency exchange that supports the GBP/COMP trading pair, such as Nexo, YouHodler or Wirex. Create an account, verify your identity, and deposit your COMP into your exchange wallet. Locate the GBP/COMP pair on the trading platform and place an order to exchange your Compound for Pound Sterling. If the GBP/COMP pair is unavailable, you can first exchange Compound for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Pound Sterling. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.