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.
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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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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
Every Bit Helps November 22, 2020 1:39 am
► 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.
trend trader November 22, 2020 1:39 am
Cheers
Kensan Han November 22, 2020 1:39 am
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.
Will Mac November 22, 2020 1:39 am
Is there a video about paying back the loan?
raymond chan November 22, 2020 1:39 am
If I just supply crypto for lending only, will I earn the LP governance token Comp?
It's Audreyology November 22, 2020 1:39 am
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
raymond chan November 22, 2020 1:39 am
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!
pleasebringmeback November 22, 2020 1:39 am
Lol i paid $60 per transaction tops on uniswap
blackmagick77 November 22, 2020 1:39 am
I can understand why people are annoyed with Etherium. Hey do you want to enable this? Yes. Ok give me money… Uh what why?
Brian Heath November 22, 2020 1:39 am
When you connect your ledger nano s to metamask or compound do you have to give them your keys? I really don't like the idea of giving my keys away.
Max Vassilev November 22, 2020 1:39 am
Hey can someone help me… I bought 100$ 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!
ayobami ayobam November 22, 2020 1:39 am
$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. $WING just got listed on #MXC_Exchange I just bought some and planning to hold it!
raymond chan November 22, 2020 1:39 am
Good video, really helps alot!
Basse Airdrop November 22, 2020 1:39 am
Hello guys..$DMD🎊 just got listed on #MXC_Exchange ❤️❤️❤️and now it is performing well and the supply is small it might reach $1k soon!!🌕🌕🌕🚀🚀🚀
cherrie November 22, 2020 1:39 am
5:34 what did you do here? How can you lower the price of gas?
Green Cloud November 22, 2020 1:39 am
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.
Khoreen Eccleston November 22, 2020 1:39 am
Very informative. Thank you!
Paul Kittson November 22, 2020 1:39 am
Helpful, thanks
Lar Pat November 22, 2020 1:39 am
I think $COMP will reach $200 again soon on MXC Exchange
Diogonz Digitale Evolutie November 22, 2020 1:39 am
so i can only borrow the same amount value wich i have in supply?
muitosabao November 22, 2020 1:39 am
"the fees are quite high right now: 0.4USD fee" LOL watching this mid august 2020 fee is over 2USD for such interaction!
Mitch Bullock November 22, 2020 1:39 am
10 usd free EOS: @t
Answers:
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10 usd free Stellar: @t
Answers:
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5: It relies on the cooperation of trusted nodes to confirm transactions
Good yui Yu November 22, 2020 1:39 am
I like ur style of presentation
Weijian Huang November 22, 2020 1:39 am
Appreciate your video. Very good information. Can i withdraw my founds whenever i want?
Vaughn Kallie November 22, 2020 1:39 am
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CRypt0 CaVeMaN November 22, 2020 1:39 am
#DEFI MARRY POPPINS
Crypto_BitSam November 22, 2020 1:39 am
Ankr (ANKR)
JAIRO DALLOS November 22, 2020 1:39 am
Hi, thanks for this tuto. Can you to offer the promised video of mining? Regards
russell UK November 22, 2020 1:39 am
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??
Roger Alonzo Paez November 22, 2020 1:39 am
Lovely voice!!
Dansi Bowman November 22, 2020 1:39 am
Every bit DOES help. This was absolutely insightful. Your presentation is also immaculate and easy to digest. Keep up the excellent work!
Tao Stellar November 22, 2020 1:39 am
good information. Professional!
Alan Dee November 22, 2020 1:39 am
Invest with Craft _hacking on IG he is the best so far.
Karma Morgan November 22, 2020 1:39 am
How do you find the app to download?
Hamdi PINAR November 22, 2020 1:39 am
Akropolis ($AKRO) is currently the most undervalued De-Fi gem.
Omkar singh November 22, 2020 1:39 am
Like I have 1 ethereum in supply..on 2% APY. how much ether I can borrow at 4% APY on it?
Luc Hof November 22, 2020 1:39 am
Greatest defi ever
Edward Hopkins November 22, 2020 1:39 am
What truly differentiates #Injective is that we decentralize and open source every component of decentralized exchange. #InjectiveProtocol https://injectiveprotocol.com #exchange
Hot Enough November 22, 2020 1:39 am
I hear defi coins are not safe and easily hacked
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noname 43 November 22, 2020 1:39 am
i'm earn crypto with Nominex
Carlindo Sousa November 22, 2020 1:39 am
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
Chinedu John Ezeji-Okoye November 22, 2020 1:39 am
APY on BAT dropped significantly overnight….bizzare movement
logos November 22, 2020 1:39 am
its basiically an ETH grab!
V C November 22, 2020 1:39 am
this does not coonnect to coinbase app on android.
Saeed Nami November 22, 2020 1:39 am
Can we withdraw the lended cryptocurrency anytime? or this needs to be there for a certain period?
Louder AZ November 22, 2020 1:39 am
THANK YOU!!!!!!