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CryptoAltum Lists Compound on MT5

What is Compound?

Compound is one of the earliest decentralized money markets. The platform allows users to lend and borrow assets. Lenders receive interest on their assets while borrowers can take loans in a trustless setup regardless of their geographical location. On depositing, lenders receive transferable and tradable cTokens. COMP is the native token of Compound and is for incentivizing participation. By early February 2022, Compound had a TVL of over $6.62 billion.


Why Trade COMP With CryptoAltum?

COMP is a liquid asset and native to one of the first DeFi protocols. Given its high TVL, it is a preferred portal for lending and borrowing. COMP is also well-capitalized and ranked high in the crypto market leaderboard. COMP is now available for trading on CryptoAltum. Traders can initiate long or short positions on COMP to profit from market volatility. At the same time, they access high leverage of up to 50X. There is also a 100 percent welcome deposit bonus from all users from any location in the world.


Compound is just one of over 70 cryptocurrency pairs offered by CryptoAltum. New users are welcome to register a free demo account and try the platform risk free for an unlimited amount of time. 

Risk Disclosure: Trading cryptocurrencies or any other financial instrument involves a significant level of risk and may result in a total loss of your investment. You should consider carefully whether investing in Bitcoin or any other instrument offered by CryptoAltum is appropriate to your financial situation. CryptoAltum only accepts deposits in Cryptocurrencies. By trading with CryptoAltum you acknowledge your understanding of this risk disclosure and your agreement with the Terms and Conditions.

This website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation.

CryptoAltum does not accept any clients under the age of 18. 
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