Buy Compound (COMP) in Australia

Trading with Elbaite means you and your assets remain safe,
with complete peace of mind whilst you focus on what matters.

Award Winning Australian Exchange, Since 2017

Buy COMP

You Pay:
You Receive:
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Current Price / Rate:
0.00

How to Buy Compound in Australia

1. Create Account

Simply create your Personal, SMSF, Company or Trust account

2. Deposit Funds

Deposit AUD into your Elbaite account.

3. Buy COMP

Use your AUD to start investing.

Compound

COMP

Compound (COMP) to AUD Live Price

Heading

24H Change

Heading

Current Price AUD
Loading chart...

What is Compound (COMP)?

Compound is a decentralised finance protocol that allows users to lend and borrow cryptocurrencies without relying on a bank or central service. Built on Ethereum, Compound automatically matches borrowers and lenders using smart contracts.

The COMP token is used to govern the protocol. Holders can propose and vote on changes to how Compound works, including interest rates and supported assets. By putting control in the hands of its users, Compound is part of a broader shift toward decentralised finance infrastructure.

Whether you’re participating in DeFi or investing in key governance projects, COMP is a foundational asset in the crypto lending ecosystem.

Compound (COMP) Frequently Asked Questions

1. What is Compound used for?

Compound allows users to earn interest by lending crypto or to borrow against their holdings. It operates entirely on-chain using smart contracts.

2. Is COMP legal to buy in Australia?

Yes. COMP is legal to buy and sell in Australia and is treated as a digital asset under AUSTRAC regulations.

3. How do I buy COMP in Australia?

You can buy COMP by creating an Elbaite account, depositing AUD, and trading directly to your wallet or a secure Crypto Vault.

4. What is the COMP token for?

COMP is a governance token. Holders vote on decisions that guide the future of the Compound protocol.

5. Can I store COMP in my own wallet?

Yes. COMP is an Ethereum-based token and can be stored in any wallet that supports ERC-20 assets.

6. Is Compound part of DeFi?

Yes. Compound is one of the original decentralised finance protocols. It operates without intermediaries and is run entirely by smart contracts.

7. Is COMP only for governance?

While governance is the main use, some holders also trade COMP or use it to participate more actively in shaping DeFi infrastructure.

8. Can I earn yield through Compound?

Yes. Compound allows users to lend crypto and earn interest, although this functionality is through the protocol, not directly through Elbaite.

9. Can I buy a small amount of COMP?

Yes. COMP is divisible, and you can buy any amount that suits your goals.

10. Where can I see the live COMP price in AUD?

The live price is displayed on this page and updates automatically using Elbaite’s data feed.

How we protect your Compound

Since our inception, we have made security our top priority.

1:1 Backed Asset Reserves

Your funds are always available. Every asset you hold on Elbaite is fully backed, with no lending or rehypothecation.

Multi Factor Authentication

Add an extra layer of protection with multi factor authentication, ensuring your account is secure.

Segregated On-Chain Wallets

Your assets are stored in verifiable individual wallets, never mixed with others, so you stay in full control of your funds.

Industry Leading Encryption

Every transaction and account is protected with advanced encryption to keep your data and assets secure.

Join Thousands of Investors,
Buying Bitcoin in Australia

Get started in minutes, Buy crypto and invest for generations, with Elbaite - Australian crypto exchange.

"Good first experience trading crypto. Found the platform to be straightforward and simple to use! Highly recommend."

Jess C

"Highly recommend this platform. It’s incredibly easy, reliable and efficient to use. Combines simplicity with performance so 5 stars!"

Catherine L

"very helpful customer service centre, easy and simple webpage to use"

Maria C

"Really impressed with Elbaite. Easy to navigate and trades are quick and secure. Loving it so far"

Daniel N

"Trading with Elbaite has been a great experience. The platform is user-friendly and transactions are processed quickly. I highly recommend Elbaite for anyone interested in a reliable and safe cryptocurrency trading platform."

Stefania

partners & affiliates:

Governance
& Compliance

Our legal & compliance team regularly work with regulators to advise on the cryptocurrency industry, ensuring that Australia has the best policies in place to support investor protection, innovation and industry growth.

We believe in the future of cryptocurrency here in Australia and want to ensure the right policies are in place to support a thriving industry.

Regulated by AUSTRAC

Elbaite Pty Ltd is officially registered with AUSTRAC and operates under strict compliance guidelines.

Elbaite Pty Ltd ACN: 623 185 875
AUSTRAC: DCE 100593224-001