Compound (COMP) Logo Thumb Compound COMP

Rank #95 Cryptocurrency

Price Compound (COMP)
0.00069113146   0%

Market Cap. : IDR 37,134,353 0%

Compound Price Live Data

The live Compound price today is IDR 0.00069113146 with a 24-hour trading volume of IDR 676,582,756,100. We update our COMP to price in real-time. Compound is 0% in the last 24 hours. The current ranking is #95, with a live market cap of IDR 37,134,353. It has a circulating supply of 53,731,700,000 COMP coins and a max. supply of 10,000,000 COMP coins.

If you would like to know where to buy Compound , the top cryptocurrency exchanges for trading in Compound stock are currently Binance, OKEx, CoinFLEX, and CoinTiger.

Chart Compound to IDR


What is Compound (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."

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Buying tips Compound (COMP)

The combination of technical and non-technical analysis is very important before deciding to buy a crypto asset, in this case Compound (COMP). Technically you can combine several indicators to get the right formula for determining the entry point Compound. For example, you can use the MACD indicator to find the ideal crossover point, then combine it with the RSI to measure the saturation point of sellers and buyers.

Besides technical, non-technical factors also need to be analyzed. "News" can affect the price of an asset both in the short and long term, good news or a new project from Compound can lead to positive sentiment which results in an increase in the exchange rate in trading. On the other hand, bad news from Compound can have a depreciating effect on the asset's value. Apart from this, news or policies related to the global economy can also affect the value of Compound. So make sure you have analyzed these factors before starting to trade.

In addition to entry points, you should also know when is the best time to sell Compound. So when is the right time? the following are brief tips.

  • When the price Compound is high, the first moment that could be a good time to sell Compound is when the price the asset is high. It should be noted that in investing there is a rule that investors need to remember, namely 'Buy When Cheap and Sell When Expensive'.
  • Prices Compound Rise In the Short Term, Very fast price fluctuations make investors Compound too need to periodically monitor the price of a coin. Because, there is some momentum where crypto coins can experience price spikes in a short time. For those of you who use the PRO and PREMIUM tradingpoint features, you will get a notification(*) if Compound experiences a significant increase. Well, if you get the time, then it's a good time to sell some of the Compound owned. But usually, this condition occurs for small coins where the per-coin price range is not too high.
  • Trading volume Compound high, Price increase & decrease chart Compound can also be monitored through the transaction cycle happens to a crypto asset.

Those are some brief tips that you can use as parameters in buying or selling Compound, of course, besides that there are many other indicators that you can use to trade/invest.