Compound Token: Binaryx Listing Process Has Started

Binaryx Exchange presents Compound – a new cryptocurrency to be launched soon on our platform. We plan to add new currency pairs for this crypto, so that each user can fully work with Compound – buy, sell or trade on the terminal by using this digital asset. 

Compound Cryptocurrency Key Indicators

* Key indicators as of May 28, 2021.

Website: https://compound.finance/

Whitepaper: Click to view

Features & Purpose of COMP Cryptocurrency

Compound cryptocurrency is a lending protocol, and, as a token, helps receive interest in the form of passive income from depositing one’s own digital assets. According to Compound developers, who launched this project back in 2017, most cryptocurrencies do not work for their owners. Therefore, they decided to change the state of things and provided users with an open cryptocurrency lending system. You can deposit cryptocoins, which are supported by the Ethereum network, on the platform and draw interest to your wallet, or simply buy funds on credit. 

For more information on other cryptocurrencies planned to be added to the Binaryx Exchange List, please follow our Twitter and Telegram.

Risk statement

Binaryx Exchange shall not be responsible for any losses when investing in cryptocurrencies. Our team checks every listed cryptocurrency, but investing in digital currencies involves a certain risk due to the volatility of the cryptocurrency rate. Before investing in cryptocurrencies, we recommend reviewing all the features of this type of getting earnings and evaluate the possible profit and loss at various rate fluctuations. We also recommend taking a course at Binaryx Academy.