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How to buy Compound

When it comes to buying crypto, you have a lot of options. Fortunately you can buy Compound with the Coinbase app anywhere Coinbase is available. It’s quick, easy, and secure. Here’s how to buy Compound with the Coinbase app for U.S. residents.

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1. Create a Coinbase account

Download the Coinbase app and start the sign up process. You will need a valid ID and may be asked for proof of address in order to transact, so be sure to have those ready. Verifying your ID may take longer than a few minutes, depending on where you live.

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2. Add a payment method

Tap on the payment method box and connect a payment method. You can use a bank account, debit card or initiate a wire.

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3. Start a trade

Press

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then select “Buy” from the list of options.

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4. Select Compound from the list of assets

Search for Compound by typing "Compound" into the search bar. When you see Compound show up in the results, tap it to open up the purchase screen.

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5. Enter the amount you want to buy

Use the number pad to input the amount you want to spend in your local currency. The app will automatically convert that into a Compound amount.

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6. Finalize your purchase

Tap “Preview buy” when ready. You’ll be shown the details of your purchase. Make sure everything looks good and then confirm your purchase. That’s it, you’ve bought Compound.

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