How to Buy Compound (COMP) in Argentina

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

Step 1 – Signup to Coinmama

In the beginning you'll need to purchase one of the bigger currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Compound (COMP) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

Make sure you have chosen the precise coin you wish to deposit.

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

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

As soon as your deposit has been confirmed, you will directly have access to your assets and you can initiate invest and trading. To invest in {Compound (COMP)|(COMP) Compound} on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

To find {Compound (COMP)|(COMP) Compound}, you will need to put the short name of the asset (COMP) into the search box, which is highlighted in the graphic. Be certain of having selected the right grouping, we've highlighted this too. Click on “COMP/BTC” to continue.

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

After you have located {Compound (COMP)|(COMP) Compound}, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we're making our own Limit Order.

The field with the “Price” tag will be automatically filled with the recent valuation {Compound (COMP)|(COMP) Compound} was sold for. You can change this to your desired price. The ”Amount” field is the amount of COMP you like to buy. The ”Total” field is the whole price in BTC that you will pay for the whole amount of COMP.

When you're glad, click on “Buy COMP”. Your order will be filled as soon as a Seller trades their COMP for the price you gave.

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

Unless you're trading, best advise is not to keep coins on an Crypto Exchange for an extensive time period. To take off your {Compound (COMP)|(COMP) Compound}, hover over the ”Funds” tab and click on “Withdraw”. {Compound (COMP)|(COMP) Compound} can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Compound (COMP)|(COMP) Compound} by using the given drop-down box. Put into the volumen of {Compound (COMP)|(COMP) Compound} you'd like to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address.

When you're satisfied, click “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.

Congratulations! You've successfully bought and safed Compound (COMP) in Argentina.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the {Compound (COMP)|(COMP) Compound} is safe inside your wallet, you're finished.

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