Buying Compound with a credit or debit card is possible on Ledger Live from our partner Coinify. Your newly brought crypto are immediately sent to the safety of your hardware wallet. Exchanges like Coinbase and Coinmama have also made the process smooth and fast but you’ll need a Compound wallet before you buy since some exchanges require one. In Ledger Live
You can buy Compound directly on Ledger Live from our partner Coinify. You will need to create a Compound account on Ledger Live, to connect your Ledger hardware wallet and to verify your identity. Once you buy your Compound using your payment card or a bank transfer, it will be automatically sent to your hardware wallet, and thus secured.
You can check the full list of steps here.
Because Compound is on the internet, they are even easier to steal and much harder to return and trace. Compound itself is secure, but Compound are only as secure as the wallet storing them.
Like in any other investment, securing your Compound must be a priority. Your Compound are as secure as the wallet storing them. Ledger hardware wallets have been designed secure your Compound and other cryptocurrencies. Discover Ledger Nano
In 2021, the popularity of crypto continues to rise. It’s been drawing the attention and interest of small private investors, large companies, and most recently, large players in finance.
In the crypto world, Compound stands out because of its unique functionality and purpose. Compound is based on a decentralized network and brings concrete solutions to the problems of the future: decentralization of the internet, secure information sharing, value transfer.
Faced with the growing distrust of traditional banking systems and internet giants, Compound is a great asset to watch in 2021!