How to Buy Compound (COMP) in Anguilla

A Step-by-Step-Guide on how to buy Compound (COMP) in Anguilla

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to buy one of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and getting your welcome 10$.

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Compound (COMP) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow these easy steps)

Make sure you've chosen the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Find {Compound (COMP)|(COMP) Compound}

Once your deposit has been confirmed, you will now have access to your assets and you can start buying and trading. To buy {Compound (COMP)|(COMP) Compound} on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”.

To locate {Compound (COMP)|(COMP) Compound}, you will need to insert the shortname of the coin (COMP) into the search-box, which is marked in the image. Make sure you have choosen the right grouping, we have marked this also. Click on “COMP/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Compound (COMP)
Step 4 – Acquisition of {Compound (COMP)|(COMP) Compound}

Once you have spotted {Compound (COMP)|(COMP) Compound}, you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we are going to create our Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date tariff {Compound (COMP)|(COMP) Compound} was traded for. You can change this to your preferred price. The ”Amount” field is the quantity of COMP you wish to purchase. The ”Total” field is the whole price in Bitcoin that you will pay for the complete quantity of COMP.

If you are happy, make a mouse click on “Buy COMP”. Your plan will be filled as soon as a Vendor sells their COMP for the price you introduced.

Step 5 – Withdraw {Compound (COMP)|(COMP) Compound}

Unless you're frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer time frame. In order to withdraw your {Compound (COMP)|(COMP) Compound}, go to the tab called “Funds” and mouse click on “Withdraw”. {Compound (COMP)|(COMP) Compound} can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Compound (COMP)|(COMP) Compound} by using the given drop-down box. Drop in the quantity of {Compound (COMP)|(COMP) Compound} you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address.

If you're happy, click on “Submit”. You may be requested for email/phone verification before a take off.

Congrats! You have successfully purchased and safed Compound (COMP) in Anguilla.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your take off using Ethplorer.io or Etherscan.io and the {Compound (COMP)|(COMP) Compound} is stored inside your wallet, you are all done.

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