Compound (COMP)

What is COMP?

Compound (COMP) is an Ethereum token that enables community governance of the Compound protocol. The protocol is a series of decentralized interest rate markets that allow users to supply and borrow Ethereum tokens at variable interest rates. COMP token holders and their delegates can also debate, propose, and vote on changes to the protocol.

Note: Voting and delegation will not be available for COMP held in a Coinbase account.

What products support COMP?

  Send/Receive Trading
Coinbase           ✔      ✔
Pro           ✔      ✔

What regions support COMP?

  US NY EU UK CA/SG
Coinbase     ✔  ✔   ✔   ✔      ✔
Pro     ✔   ✔   ✔      ✔

Crypto to fiat trading pairs

  US UK EU
USD   ✔  ✖️  ✖️
GBP   ✖️  ✔
 ✖️
EUR   ✖️  ✔  ✔

Crypto to crypto trading pairs

  USDC BTC ETH
COMP      ✖️   ✔   ✖️

See the full list of countries that Coinbase supports for crypto-to-crypto trading.

How many confirmations are needed for COMP?

COMP requires 35 network confirmations. Learn about transaction confirmations.

Which blockchain network hosts COMP?

COMP is hosted on the Ethereum blockchain.

What are the minimum and maximum withdrawal amounts?

Coinbase has implemented safeguards to ensure a healthy and efficient network both on-chain and through our platform.  

These safeguards include both minimum and maximum amounts for each cryptocurrency we allow customers to send through the blockchain.

Minimum: 0.01 COMP 

Maximum: 4,400 COMP

Was this article helpful?

Can’t find what you’re looking for?

Contact us