Starting today, the Blockchain.com Exchange will support depositing, trading, and withdrawing Dai (DAI) and Compound (COMP).
Dai is a stablecoin cryptocurrency that dynamically maintains its value as close to one United States dollar as possible through an automated system of smart contracts on the Ethereum blockchain. With DAI, exchange users now have a fourth low-volatility cryptocurrency option, in addition to USDC, USDT, and PAX USD.
Compound is a decentralized, blockchain-based protocol that sets interest rates for lending and borrowing markets by algorithm to facilitate open finance. Compound allows users to participate in its governance with its native COMP token.
Upon launch, trading pairs will include DAI-USDT, DAI-USDC, DAI-USD, DAI-GBP, DAI-EUR, COMP-USDT, COMP-USDC, and COMP-USD.
Want to test the waters?
Purchase these tokens in GBP, EUR, and USD today through Simple Trade, our easy to use feature that makes crypto trading, well, simple.
To get started, log into the Exchange, add funds, and start trading.