SUPPORTED COIN

Accept Compound Payments

Get paid in COMP on your website, in invoices, payment links and in store. Every payment gets its own address, is confirmed on the blockchain and added to your balance.

NETWORKS

Networks for COMP payments

Your customer picks the network at checkout. Each network has its own address, and a payment sent on another network cannot be credited.

NetworkStandardToken contractMinimum payment
Ethereum ERC20 0xc00e94cb662c3520282e6f5717214004a7f26888 0.051 COMP
ABOUT

What is Compound?

Compound operates as a decentralized blockchain protocol enabling users to lend or borrow specific cryptocurrencies. It facilitates the creation of money markets by consolidating assets and dynamically determining interest rates based on asset supply and demand.

To supply or lend crypto assets through Compound, individuals deposit their assets into the protocol, which aggregates them into a liquidity pool. Upon deposit, users receive cTokens in exchange, initiating interest accrual through holding these cTokens.

Once assets are supplied, users can utilize them as collateral. Depending on the collateral factor of the deposited assets, users become eligible to borrow from Compound. Utilizing an overcollateralization model, Compound ensures borrowing never exceeds the collateralized amount.

WHY ACCEPT IT WITH COINO LIVE

Built for getting paid in COMP.

01

A unique address for every payment

Each order gets its own COMP address, so every payment is matched to its order automatically.

02

Confirmed on the blockchain

Payments are credited after the network confirms them. Underpaid orders show the customer exactly how much is still missing.

03

Your balance, your timing

Keep COMP in your balance or withdraw it to your own wallet whenever you want.

HOW IT WORKS

Start accepting COMP in three steps.

Use a plugin for your store, the API for your own software, or invoices and payment links when you have no website.

  1. 1

    Create your account

    Sign up with your email and add your website or business as a merchant.

  2. 2

    Connect your checkout

    Install the WooCommerce, WHMCS, OpenCart, Shopware, PrestaShop or Easy Digital Downloads plugin, or use the API.

  3. 3

    Get paid

    Customers pay in COMP and the amount appears in your balance once it is confirmed.

QUESTIONS, ANSWERED

Accepting Compound, explained.

Which networks can customers use to pay in COMP?

Currently: Ethereum. The checkout shows the network next to the address, so the customer always knows which one to use.

Who pays the network fee?

You choose for each merchant: either you pay it, or it is added to the amount your customer pays.

When is a COMP payment credited?

As soon as the blockchain has confirmed the transaction. You can follow every payment live in your dashboard and receive a signed webhook.

Can I withdraw my COMP?

Yes. Your balance is kept per coin, and you can withdraw it to your own wallet whenever you want.

What is the all-time high of Compound?

Compound reached its all-time high of $854.45 on 11 May 2021.

Start accepting COMP today.

Create your account and add your first merchant in a few minutes.

Create an account