1. Home
  2. Converter
  3. Pound sterling (GBP) to Compound (COMP)

Convert
Pound sterling (GBP) to Compound (COMP) Instantly

GBP GBP
COMP COMP
Buy Compound (COMP)

Purchase Compound (COMP) with Pound sterling (GBP) easily at Switchere and benefit from fast, secure transactions.

About
Compound (COMP)

Compound (COMP) is a prominent decentralized finance (DeFi) protocol operating on the Ethereum blockchain, engineered to establish autonomous, algorithmic money markets. Its core purpose is to enable users to lend and borrow digital assets in a permissionless manner, directly interacting with smart contracts rather than traditional financial intermediaries. The protocol dynamically determines interest rates for supplied and borrowed assets based on real-time supply and demand within each specific asset's liquidity pool. Users who supply assets receive cTokens, which are ERC-20 interest-bearing tokens representing their underlying collateral and accrued interest, forming a key component of its tokenomics and on-chain functionality.

The system’s cryptographic security is underpinned by an over-collateralization model, requiring borrowers to lock up more value than they borrow, mitigating risk within this decentralized network. The native COMP token primarily functions as a governance token. Holders of COMP can propose, debate, and implement changes to the protocol, including adjusting collateral factors, adding support for new digital assets, or modifying interest rate models. This governance mechanism empowers the community to collectively manage the evolution of this Web3 infrastructure. Compound is recognized as a foundational DeFi application, significantly influencing the development of on-chain lending, borrowing, and yield generation strategies across the broader blockchain technology landscape, showcasing the potential of decentralized financial systems.

Compound (COMP)

How to Buy Compound (COMP)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose GBP to COMP Pair

    Select your preferred payment method and enter the amount.

  2. Step 2 illustration
    02

    Enter Your Compound Wallet Address

    Provide your COMP wallet address and proceed with the payment.

  3. Step 3 illustration
    03

    Receive Your Compound

    Complete the payment, and your COMP will be sent to your wallet.

App Store Google Play

Popular Coins for Pound sterling (GBP)

GBP
to
BTC
GBP
to
BCH
GBP
to
ADA
GBP
to
DOGE
GBP
to
ETH
GBP
to
LTC
GBP
to
XRP
GBP
to
SOL
GBP
to
TRX

Other Coins for Pound sterling (GBP)

GBP
to
ZRX
GBP
to
1INCH
GBP
to
AAVE
GBP
to
ACH
GBP
to
ALGO
GBP
to
TLM
GBP
to
ANKR
GBP
to
APE
GBP
to
NFT
GBP
to
API3
GBP
to
APT
GBP
to
ARPA
GBP
to
AUDIO
GBP
to
AVAX
GBP
to
AVAXAVAC
GBP
to
AXS
GBP
to
BADGER
GBP
to
BAL
GBP
to
BNT
GBP
to
BAT
GBP
to
BNBBSC
GBP
to
BSW
GBP
to
BSV
GBP
to
BLUR
GBP
to
BONE
GBP
to
CTSI
GBP
to
CELR
GBP
to
CELO
GBP
to
CEL
GBP
to
LINK
GBP
to
CHZ
GBP
to
CHR
GBP
to
C98
GBP
to
COMP
GBP
to
CFX
GBP
to
PEOPLE
GBP
to
CVX
GBP
to
ATOM
GBP
to
CTC
GBP
to
CRV
GBP
to
DAI
GBP
to
DASH
GBP
to
MANA
GBP
to
DENT
GBP
to
DGB
GBP
to
DYDX
GBP
to
XEC
GBP
to
EOS
GBP
to
ETC
GBP
to
ENS
GBP
to
ETHW
GBP
to
FET
GBP
to
FIL
GBP
to
FLOKI
GBP
to
GALA
GBP
to
GNO
GBP
to
ONE
GBP
to
HBAR
GBP
to
HOT
GBP
to
HOOK
GBP
to
ICX
GBP
to
ILV
GBP
to
IMX
GBP
to
INJ
GBP
to
ICP
GBP
to
IOST
GBP
to
IOTX
GBP
to
JASMY
GBP
to
JST
GBP
to
KAVA
GBP
to
KCS
GBP
to
KSM
GBP
to
KNC
GBP
to
LDO
GBP
to
LQTY
GBP
to
LPT
GBP
to
LOOKS
GBP
to
LRC
GBP
to
LUNA
GBP
to
MKR
GBP
to
MASK
GBP
to
EGLD
GBP
to
ALICE
GBP
to
NEAR
GBP
to
XEM
GBP
to
NEXO
GBP
to
NOT
GBP
to
NMR
GBP
to
OKB
GBP
to
OMG
GBP
to
ONT
GBP
to
EDU
GBP
to
OP
GBP
to
OGN
GBP
to
CAKE
GBP
to
PAXG
GBP
to
PENDLE
GBP
to
DOT
GBP
to
MATIC
GBP
to
QTUM
GBP
to
QNT
GBP
to
RDNT
GBP
to
XRD
GBP
to
RVN
GBP
to
REN
GBP
to
RSR
GBP
to
RLC
GBP
to
RPL
GBP
to
SFP
GBP
to
SHIB
GBP
to
SKL
GBP
to
SXP
GBP
to
STND
GBP
to
STG
GBP
to
XLM
GBP
to
GMTBSC
GBP
to
STORJ
GBP
to
STMX
GBP
to
SUSHI
GBP
to
SNX
GBP
to
USDTPOL
GBP
to
USDTAVAC
GBP
to
USDTBEP20
GBP
to
USDT20
GBP
to
USDTSOL
GBP
to
USDTNEAR
GBP
to
USDTXTZ
GBP
to
USDTTRC20
GBP
to
USDTTON
GBP
to
XTZ
GBP
to
GRT
GBP
to
SAND
GBP
to
TFUEL
GBP
to
THETA
GBP
to
RUNE
GBP
to
TONCOIN
GBP
to
TUSDBSC
GBP
to
TUSDTRX
GBP
to
TWT
GBP
to
UOS
GBP
to
UMA
GBP
to
UNI
GBP
to
USDCPOL
GBP
to
USDCSOL
GBP
to
USDCOP
GBP
to
USDCBSC
GBP
to
USDCAVAC
GBP
to
USDCARB
GBP
to
USDC
GBP
to
VET
GBP
to
VRA
GBP
to
WAXP
GBP
to
WOO
GBP
to
WLD
GBP
to
WBTC
GBP
to
WMINIMA
GBP
to
XDC
GBP
to
YFI
GBP
to
YGG
GBP
to
ZIL

Frequently asked questions

  • What is the most common process for buying Compound (COMP) with Great British Pounds (GBP)?

    The typical method involves using a UK-regulated cryptocurrency exchange that lists the COMP/GBP trading pair. You would first complete KYC/AML compliance, then deposit Pound Sterling into your account, often via UK Faster Payments for speed. Once the fiat on-ramp is complete, you can place a buy order for COMP on the exchange's order book.

  • What is the primary function of COMP within the Compound DeFi protocol?

    COMP is the governance token for the Compound protocol, a leading DeFi lending platform. Holding COMP grants you voting rights on key protocol changes, such as which assets to support or modifications to the autonomous interest rate models. It allows the community, rather than a central entity, to manage the protocol's evolution through on-chain governance proposals.

  • What are the typical fees when using GBP to acquire COMP on a cryptocurrency exchange?

    When purchasing COMP with Pound Sterling, you should consider several potential fees. First, a deposit fee for GBP, although many platforms offer free deposits via UK Faster Payments. Second, a trading fee on the transaction, which is usually a small percentage based on a maker-taker model. Finally, if you move your COMP to a self-custody digital wallet, there will be a withdrawal fee, which covers the blockchain transaction (gas fee).

  • Why is a direct COMP/GBP pair advantageous for UK-based traders?

    A direct COMP/GBP pair offers a streamlined fiat gateway for UK investors into a core DeFi governance token. It eliminates the need for multi-step conversions (e.g., GBP to EUR/USD, then to a stablecoin, then to COMP), which reduces exposure to currency fluctuation risk, lowers potential transaction fees, and simplifies the overall digital asset purchase process. This enhances capital efficiency and provides clearer price discovery in Pound Sterling.

  • After buying COMP with GBP, what is the best practice for securing the digital asset?

    For optimal security, it is highly recommended to withdraw your COMP tokens from the exchange to a self-custody digital wallet where you control the private keys. Options include hardware wallets (most secure) or reputable software wallets. This practice mitigates risks associated with exchange insolvency or security breaches and gives you direct access to participate in Compound's on-chain governance by delegating your voting power.
Could not find the answer to your question? Describe your issue in  

Trade on the go
Anywhere. Anytime

Through Switchere you can buy or sell crypto instantly - transact all popular coins and tokens at the tap of a button.

App Store Google Play
Switchere Mobile Interface

Our website uses cookies. Our Cookie Policy