Crypto Exchanges

Compound Finance DeFi Tutorial: How to Earn Interest on your Crypto & $COMP Tokens





In this tutorial, I take you through Compound Finance the number 1 DeFi Platform. I show you how to earn interest on your Crypto and also how to borrow against your crypto assets. When lending or borrowing on Compound Finance you will earn the COMP token, which has recently been supported by Coinbase.

► Check out Every Bit Helps for more information;

► This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. I always recommend you do your own research before making any type of investment.

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This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. I always recommend you do your own research before making any type of investment.

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47 comments

  1. ► Check out Every Bit Helps for more information; https://everybithelps.co.uk/compound-finance-tutorial/
    ► This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. I always recommend you do your own research before making any type of investment.

    Reply
  2. Cheers

    Reply
  3. Made a test and deposited 15 euro worth of Ox , it seems i need 8.78 euro in fees to withdraw it. i knew there was a catch somewhere.

    Reply
  4. Is there a video about paying back the loan?

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  5. If I just supply crypto for lending only, will I earn the LP governance token Comp?

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  6. total newbie here – I was looking through my App Store to find the DeFi app and I found a few. Is MyDeFi the one youre using? I see this one mentions Compound tokens

    Reply
  7. I cannot connect my Metamask wallet to Compound.finance platform. Pop up message says "need to click the extension". But I have clicked extension to open up my Metamask wallet & this is showing already. However the signal just kept on turning for a very long time & connection can't get through?? Please advise what to do? Many thanks!

    Reply
  8. Lol i paid $60 per transaction tops on uniswap

    Reply
  9. I can understand why people are annoyed with Etherium. Hey do you want to enable this? Yes. Ok give me money… Uh what why?

    Reply
  10. When you connect your ledger nano s to metamask or compound do you have to give them your keys? I really don't like the idea of giving my keys away.

    Reply
  11. Hey can someone help me… I bought 100$ worth of tether to try this all. But now 1 month later I‘d like to pay the whole money out. But it doesn’t work. Actually don’t know where and how…. pls help me!

    Reply
  12. $WING is a credit-based and cross-chain DeFi platform. I believe this project will stand out more it is one of the hottest projects today. $WING just got listed on #MXC_Exchange I just bought some and planning to hold it!

    Reply
  13. Good video, really helps alot!

    Reply
  14. Hello guys..$DMD🎊 just got listed on #MXC_Exchange ❤️❤️❤️and now it is performing well and the supply is small it might reach $1k soon!!🌕🌕🌕🚀🚀🚀

    Reply
  15. 5:34 what did you do here? How can you lower the price of gas?

    Reply
  16. Pi is a new digital currency developed by Stanford PhDs, with over 7 million members worldwide. To claim your Pi, download the PI app on your phone and use my username (GreenCloud) as your invitation code.

    Reply
  17. Very informative. Thank you!

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  18. Helpful, thanks

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  19. I think $COMP will reach $200 again soon on MXC Exchange

    Reply
  20. so i can only borrow the same amount value wich i have in supply?

    Reply
  21. "the fees are quite high right now: 0.4USD fee" LOL watching this mid august 2020 fee is over 2USD for such interaction!

    Reply
  22. 10 usd free EOS: @t

    Answers:

    1 : A blockchain protocol for fast, scalable applications

    ⁠2: Delegated proof of stake

    3: ⁠Fast, free transfers

    ⁠4: Stake EOS tokens

    ⁠5: Upgradeable smart contracts

    10 usd free Stellar: @t

    Answers:

    ⁠1: A decentralized coin that unites currencies

    ⁠2: Facilitating low cost universal payments

    ⁠3: Transactions are Fast, Inexpensive, and Global

    ⁠4: To issue, exchange, and transfer tokens quickly and efficiently

    ⁠5: It relies on the cooperation of trusted nodes to confirm transactions

    Reply
  23. I like ur style of presentation

    Reply
  24. Appreciate your video. Very good information. Can i withdraw my founds whenever i want?

    Reply
  25. Awesome and very insightful updates👍✅👍 Well i will also say this here.. The awareness about making money online is getting higher daily due to this Covid 19 pandemic as the cryptocurrency world has recently noticed high inflow of traders mostly when it comes to Bitcoin trading , but due to lack of trading experience a lot of traders lost so dearly either by executing trades wrongly or using of the wrong strategy. I have been guided by a pro trader known as Richard Owen backed up with his working strategy/accurate daily signals. During my first month of trading with Owen’s daily signals, i was able to grow my portfolio from 1.1btc to a total of 6.4btc which you would agree is a very good profits. Why not take full advantage of the crypto market mostly now that bitcoin is set to embark on a bullish run. He can be reach via Whatspp: (+17142425448) and Telgram @Richard_Owen for inquiries into profitable trading systems.

    Reply
  26. #DEFI MARRY POPPINS

    Reply
  27. Ankr (ANKR)

    Reply
  28. Hi, thanks for this tuto. Can you to offer the promised video of mining? Regards

    Reply
  29. I just dont get it – I have tried staking some money in different pools and defi systems and of course i am going to test with a small amount – 250 USD. However I ended up paying over 50 USD in fees from my Ethereum wallet to get money in and out of these platforms – so am I doing something wrong or are Eth based Defi systems just not practical??

    Reply
  30. Lovely voice!!

    Reply
  31. Every bit DOES help. This was absolutely insightful. Your presentation is also immaculate and easy to digest. Keep up the excellent work!

    Reply
  32. good information. Professional!

    Reply
  33. Invest with Craft _hacking on IG he is the best so far.

    Reply
  34. How do you find the app to download?

    Reply
  35. Akropolis ($AKRO) is currently the most undervalued De-Fi gem.

    Reply
  36. Like I have 1 ethereum in supply..on 2% APY. how much ether I can borrow at 4% APY on it?

    Reply
  37. Greatest defi ever

    Reply
  38. What truly differentiates #Injective is that we decentralize and open source every component of decentralized exchange. #InjectiveProtocol https://injectiveprotocol.com #exchange

    Reply
  39. I hear defi coins are not safe and easily hacked

    Reply
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    Reply
  41. i'm earn crypto with Nominex

    Reply
  42. this is BS it seems US is getting the best APY, in Europe for instance the APY for BAT is not even 1 % and the borrow is over 10%. WTF

    Reply
  43. APY on BAT dropped significantly overnight….bizzare movement

    Reply
  44. its basiically an ETH grab!

    Reply
  45. this does not coonnect to coinbase app on android.

    Reply
  46. Can we withdraw the lended cryptocurrency anytime? or this needs to be there for a certain period?

    Reply
  47. THANK YOU!!!!!!

    Reply

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