What is the process of buying Compound on Binance?

1 answers

• Dec 18, 2021 · 3 years ago
  To buy Compound on Binance, follow these steps: 1. Create an account on Binance if you don't have one already. 2. Complete the necessary verification process to unlock all features. 3. Deposit funds into your Binance account. You can transfer cryptocurrencies from another wallet or buy them directly on Binance using fiat currency. 4. Go to the Binance trading platform and search for the Compound (COMP) trading pair. 5. Choose the trading pair you want to use. For example, if you have USDT, search for the COMP/USDT trading pair. 6. Place a buy order for Compound at your desired price. You can choose between a market order or a limit order. 7. Review the order details and confirm the purchase. 8. Once the order is executed, you will see the Compound tokens in your Binance wallet. That's it! You have successfully bought Compound on Binance. Enjoy your investment!
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