Buy COMP the fast and easy way!
MoonPay offers a fast and easy way to buy Compound (COMP) in Australia with a credit or debit card, Apple Pay, and more.
How to buy Compound in Australia
Buy COMP and 100+ cryptocurrencies in Australia using Australian dollars.
Buying Compound (COMP) in Australia is easy with MoonPay. Just sign up for a free account in seconds from our app, then add a few personal details to verify your identity.
Select Compound from our catalog of over 100 cryptocurrencies available for purchase.
MoonPay works with leading non-custodial wallets like Ledger and Trust Wallet. And if you’re coming to MoonPay through your existing wallet, we’ll pre-fill your wallet address automatically.
We have loads of payment options to choose from. You can pay for Compound in Australian dollars using a credit/debit card, Apple Pay, Google Pay, or PayPal.
Once you've entered your payment information, that’s it — we’ll handle the rest.
Once you have your Compound (COMP) tokens secure in your preferred wallet, you're ready to use them to participate in the Compound DeFi ecosystem.
Why is MoonPay the best way to buy Compound in Australia?
We use AES-256 encryption and we’re PCI-DSS compliant. We also hold the widely-respected ISO 27001 certification. This certification is independently audited and a global standard for managing information security.
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You can buy Compound in small or large quantities. Start by purchasing COMP for as little as AU$30 on MoonPay.
Buy COMP instantly with a credit or debit card, Apple Pay, Google Pay, and more.
Purchase Compound in Australia and 150+ countries using the local currency of your bank account, like AUD.
What can you do with Compound?
Find out how can use your COMP in Australia
Store your newly purchased COMP in your preferred wallet. There are many custodial and non-custodial options to choose from, such as Ledger, Exodus, and Trust Wallet.
After you buy Compound, you can transfer it to anyone in Australia and across the globe, as long as you know their crypto wallet address.
You can stake COMP on the Compound network to earn passive income with rewards distributed in COMP.
Use your Compound to purchase goods and services from a growing number of participating merchants that accept COMP and cryptocurrency.
Exchange your Compound for another cryptocurrency directly by using a DeFi application.
There are several Australian charities that accept donations in COMP and other cryptocurrency for local efforts like Habitat for Humanity, Oxfam Australia, and Cancer Council.
Buy Compound and 100+ other cryptocurrencies in Australia, like Bitcoin, Ethereum, and more
Get the MoonPay app and buy Compound on the go
Whether you're a seasoned trader or buying COMP for the first time, the MoonPay app gives you the tools to get it done.
What is Compound?
Compound is a DeFi protocol built for lending and borrowing on its decentralized platform. Users can deposit cryptocurrency assets into Compound pools to receive cTokens as collateral. Compound can be used to borrow, lend, and earn interest on crypto assets.
Frequently asked questions about buying COMP in Australia
Australian users can buy Compound and other cryptocurrency on MoonPay through our widget or mobile app. We've also teamed up with many leading platforms in the Web3 and DeFi space, allowing you to buy COMP directly from your preferred non-custodial wallet.
MoonPay is a fast and flexible platform that allows Australian users to easily buy, sell, and swap over 100 cryptocurrencies, including Compound (COMP), Solana (SOL), Bitcoin (BTC), and Ethereum (ETH). We offer a variety of payment methods like credit/debit cards and Apple Pay for fast COMP deliveries your non-custodial wallet within minutes. MoonPay is focused on self-custody and decentralization, and our ISO-27001 and ISO-27018 certifications mean that we implement security measures to protect users' transactions.
Only you can determine whether buying Compound is worth it, and you should remember that purchasing any cryptocurrency carries certain risks. Some factors that others may consider when deciding whether to make a purchase are the token's price, market cap, supply, as well as your individual risk appetite.MoonPay cannot offer you investment advice and cannot tell you whether any cryptocurrency is worth buying. Always remember to do your own research before making any purchase!
No one can decide the perfect time to buy cryptocurrency. If you want to buy Compound, you can do so via a one-time purchase, or through a recurring buy order. Recurring crypto purchases allow you to gain COMP price exposure over time, helping to limit the risk of volatility through dollar-cost averaging principles.
If it’s your first time purchasing Compound, no worries! When you go through the steps of buying COMP, you’ll be asked to enter a wallet address. It’s a good idea to double check that the wallet address you entered is correct, so that your tokens end up in the right place.
Still confused? Read our handy guide on how to choose a crypto wallet.
You can use Compound (COMP) to lend, borrow, and earn interest on cryptocurrency assets. Users can connect any supported Ethereum wallet and deposit accepted cryptocurrency assets on the Compound platform to receive COMP as collateral. Users can earn interest on deposited cryptocurrencies and redeem the underlying crypto at any time.
