Compound 1-Day Trading Volume Hits $30.14 Million (COMP)

Compound (COMP) traded down 5.2% against the U.S. dollar during the 24 hour period ending at 17:00 PM E.T. on October 31st. One Compound token can now be bought for $42.62 or 0.00060881 BTC on cryptocurrency exchanges. Compound has a market capitalization of $374.49 million and approximately $30.14 million worth of Compound was traded on exchanges in the last day. In the last week, Compound has traded down 3% against the U.S. dollar.

Here’s how related cryptocurrencies have performed in the last day:

• Decred (DCR) traded 6.4% lower against the dollar and now trades at $11.98 or 0.00017119 BTC.
• Bitcoiva (BCA) traded 1.8% lower against the dollar and now trades at $4.45 or 0.00006354 BTC.
• ReddCoin (RDD) traded 951% higher against the dollar and now trades at $0.0005 or 0.00000001 BTC.
• dForce USD (USX) traded 0% lower against the dollar and now trades at $1.00 or 0.00001420 BTC.
• Bitcoin Diamond (BCD) traded 0.2% lower against the dollar and now trades at $0.0584 or 0.00000083 BTC.
• WhiteCoin (XWC) traded 6.1% lower against the dollar and now trades at $0.0117 or 0.00000017 BTC.
• Navcoin (NAV) traded down 0.9% against the dollar and now trades at $0.0307 or 0.00000044 BTC.
• Memetic (MEME) traded down 8.3% against the dollar and now trades at $0.0123 or 0.00000018 BTC.
• 42-coin (42) traded 3.8% lower against the dollar and now trades at $26,592.10 or 0.37986034 BTC.
• Aion (AION) traded up 5.7% against the dollar and now trades at $0.0014 or 0.00000002 BTC.

Compound Profile

Compound (CRYPTO:COMP) is a PoW/PoS token that uses the

X11

hashing algorithm. It launched on September 30th, 2017. Compound’s total supply is 10,000,000 tokens and its circulating supply is 8,786,776 tokens. Compound’s official message board is medium.com/compound-finance. The official website for Compound is compoundlabs.xyz. Compound’s official Twitter account is @compoundfinance and its Facebook page is accessible here.

According to CryptoCompare, “Compound (COMP) is a cryptocurrency and operates on the Ethereum platform. Compound has a current supply of 10,000,000 with 8,786,776.38020543 in circulation. The last known price of Compound is 44.62068368 USD and is down -0.45 over the last 24 hours. It is currently trading on 531 active market(s) with $26,669,364.13 traded over the last 24 hours. More information can be found at https://compoundlabs.xyz/.”

Buying and Selling Compound

It is usually not possible to purchase alternative cryptocurrencies such as Compound directly using U.S. dollars. Investors seeking to trade Compound should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Compound using one of the exchanges listed above.

COMP/USD price chart by TradingView