How to Buy Compound (COMP) in India

You can buy Compound directly via Peer to Peer(P2P) trade. An option of a decentralized exchange(DEX) is also available for buying Compound, or you can buy it from someone who holds Compound. DEX can be a great way to get the desired crypto. However, it is difficult to understand decentralized exchanges, and also, it is also a very tiresome job to find an honest seller who can provide Compound (COMP). So, this path is generally meant for pro traders.

Anyone new to crypto might want to en route to a simplified path and Download the CoinSwitch App!

You can buy Compound in just 4 steps on CoinSwitch:

• Open the CoinSwitch App, click on the Market tab from the bottom navigation, and select Compound.

• Click on the ‘Buy’ button.

• Enter the amount that you would like to buy Compound for, say ₹100, and click on the ‘Preview Buy button

• Check all the details of your order and proceed by clicking ‘Buy.’

Congratulations, you just bought your first Compound!

Since most of the cryptos are in an evolving and developing stage, a set price can never be told to buy any of them. There can be an increase in the value of the Compound shortly, so you would only be left with regret for not buying it now.

You are recommended to invest in small amounts periodically that would balance the opportunity and risk. Start investing in COMP for as low as ₹100.

No clock tells the best time for building up your assets. Many would have been missing out on the returns and profits by waiting for their golden hour to buy a Compound. Don’t be one of them and start investing from the earliest.

Have a start by investing in small amounts periodically. A better strategy would be to invest a lump sum in Compound (COMP) in dips that will average your portfolio for better returns.