To create a Compound wallet, simply download the Noone wallet app from App Store or Google Play, follow the setup instructions, and choose to create a new Compound wallet. The process is intuitive and user-friendly.
Create Compound wallet
You can always use the Noone blockchain wallet as a multi-currency wallet for more than 1000 crypto assets or as a mono-wallet, for example - Compound wallet to safely manage all of your Compound token.
What is Compound
COMP - is the proprietary ERC-20 standard token of Compound, created to decentralize protocol management. Holders of the COMP token have the right to vote for proposed changes and propose them themselves. COMP is automatically distributed among users interacting with the platform in one way or another - depositing funds into the pool, lending, and repayment of loans.
Compound was founded in 2017 by Robert Leshner and Geoffrey Hayes. Like most DeFi protocols, Compound is a system of public smart contracts built on Ethereum. Compound is a decentralized protocol for working with cryptocurrency markets, allowing users to invest or borrow various assets. Interest rates are set algorithmically, based on the current supply and demand, and can be adjusted approximately every 15 seconds (with each new Ethereum block).
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Buy Compound with Apple Pay or credit card
You can take your first steps with Compound for as little as $50, and you don't need to go through KYC for purchases up to $150.
Exchange Compound to other tokens or coins
Users can easily and quickly create their own portfolio without the risk of price fluctuations during exchange.
Our exchanges with float and fixed rates are a guarantee of receiving the exact amount of cryptocurrency without hidden fees.
Send & Receive Compound
With Noone Wallet receiving and sending cryptocurrency is fast and simple.
Secure wallet
for Compound
Private keys are under client control, they are never sent or stored outside your device.
Non-custodial wallet with no registration or KYC required can be accessed on iOS, Android and Web. User is the only owner of the private key.
Frequently asked questions
A Compound wallet address is a unique identifier associated with your Compound wallet. It is a combination of alphanumeric characters that you can share with others to receive Compound. Think of it as your digital "account number" for Compound transactions.
When you create a Compound wallet using Noone wallet, the app automatically generates a Compound wallet address for you. You can find your Compound wallet address within the app, in the "Receive" section.
To ensure the security of your Compound, we advise taking the following precautions:
- Enable two-factor authentication (2FA) for an added layer of security.
- Use strong, unique passwords and avoid sharing them with anyone.
- Keep your wallet app up to date with the latest version to benefit from security enhancements.
- Exercise caution when sharing your mnemonic phrase or private keys, as they grant access to your tokens.
- Safeguard your mnemonic phrase in a secure location and avoid the risk of losing it.
By following these measures, you can enhance the security of your Compound and protect them from unauthorized access or loss.
Absolutely! Noone wallet is committed to safeguarding your Compound with several security measures:
- With Noone wallet, you have complete control over your Compound. Your private keys, which grant access to your funds, are generated and stored securely on your own device. This means that only you have the ability to manage and transact with your Compound.
- Noone wallet incorporates various security measures to keep your tokens safe. Our app undergoes regular updates to address potential vulnerabilities and benefit from the latest security patches. We also employ tamper-proof design techniques, making it difficult for malicious actors to tamper with the app.
- Our wallet complies with industry standards, such as the OWASP MASVS for mobile application security. We also subject the mnemonic phrases generated by our system to rigorous testing (NIST SP 800-22) to ensure their strength and reliability.
- We follow widely accepted blockchain industry standards (BIP32, BIP39, and BIP44), enabling compatibility with other wallets. This means you can easily import or recover your Compound wallet in other supported wallets if needed.
Learn more about our security features on blog.
Yes, Noone wallet is available as a mobile app, allowing you to securely manage your Compound on the go. Simply download the app from Google Play or App Store, create an account or import an existing wallet, and start managing your Compound conveniently from your mobile device.
Additionally, for desktop users, we also provide a browser extension that allows you to access and manage your Compound wallet on your desktop browser.