Compound Reaches One Day Trading Volume of $32.44 Million (COMP)

Compound (COMP) traded 2.3% higher against the U.S. dollar during the 1-day period ending at 23:00 PM ET on May 8th. Compound has a market capitalization of $463.34 million and approximately $32.44 million worth of Compound was traded on exchanges in the last day. One Compound token can currently be purchased for about $57.10 or 0.00092930 BTC on popular cryptocurrency exchanges. In the last seven days, Compound has traded 4.2% higher against the U.S. dollar.

Here’s how related cryptocurrencies have performed in the last day:

• Decred (DCR) traded 4.2% lower against the dollar and now trades at $20.26 or 0.00032973 BTC.
• Bitcoiva (BCA) traded 2% higher against the dollar and now trades at $9.21 or 0.00014981 BTC.
• Safe (SAFE) traded flat against the dollar and now trades at $2.16 or 0.00003370 BTC.
• EverGrow Coin (EGC) traded up 1.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Bitcoin Diamond (BCD) traded 8% lower against the dollar and now trades at $0.0992 or 0.00000161 BTC.
• dForce USD (USX) traded 0.2% lower against the dollar and now trades at $0.98 or 0.00001587 BTC.
• WhiteCoin (XWC) traded up 25.1% against the dollar and now trades at $0.0069 or 0.00000011 BTC.
• ReddCoin (RDD) traded 7.8% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded up 0.2% against the dollar and now trades at $0.0540 or 0.00000088 BTC.
• Aion (AION) traded up 8% against the dollar and now trades at $0.0020 or 0.00000003 BTC.

Compound Profile

Compound is a PoW/PoS token that uses the

X11

hashing algorithm. Its launch date was September 30th, 2017. Compound’s total supply is 10,000,000 tokens and its circulating supply is 8,114,507 tokens. The official message board for Compound is medium.com/compound-finance. Compound’s official website is compound.finance/governance/comp. Compound’s official Twitter account is @compoundfinance and its Facebook page is accessible here.

According to CryptoCompare, “Compound (COMP) is a cryptocurrency and operates on the Ethereum platform. Compound has a current supply of 10,000,000 with 8,114,500.06145829 in circulation. The last known price of Compound is 55.28121959 USD and is down -2.13 over the last 24 hours. It is currently trading on 493 active market(s) with $31,703,606.16 traded over the last 24 hours. More information can be found at https://compound.finance/governance/comp.”

Compound Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Compound directly using US dollars. Investors seeking to trade Compound should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Compound using one of the exchanges listed above.

COMP/USD price chart by TradingView