Which cryptocurrencies are compatible with the compound dapp and how can I start using it?

3 answers

• Fikizolo VuyelwaJan 04, 2024 · 2 years ago
  Sure! The compound dapp is compatible with several cryptocurrencies, including Ethereum (ETH), Basic Attention Token (BAT), 0x (ZRX), and Dai (DAI). These are just a few examples, and there may be more cryptocurrencies that are compatible. To start using the compound dapp, you'll need to have a compatible cryptocurrency in your wallet. You can then connect your wallet to the compound dapp and choose the cryptocurrency you want to supply or borrow. Make sure you have enough funds in your wallet to cover the transaction fees and any required collateral. Once you've selected the cryptocurrency and entered the desired amount, you can confirm the transaction and start using the compound dapp. Happy compounding! 😀
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• Bjerring GambleSep 28, 2024 · a year ago
  The compound dapp supports a variety of cryptocurrencies, including Ethereum (ETH), Basic Attention Token (BAT), 0x (ZRX), and Dai (DAI). These cryptocurrencies can be used for supplying assets or borrowing assets on the compound platform. To start using the compound dapp, you'll need to have a compatible cryptocurrency in your wallet. You can then connect your wallet to the compound dapp and follow the on-screen instructions to supply or borrow assets. It's important to note that the compound dapp is decentralized, meaning that you have full control over your funds and transactions. Just make sure to do your own research and understand the risks involved before using the compound dapp. Good luck with your compound journey! 🙂
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• Aryan RawatFeb 11, 2025 · a year ago
  BYDFi is a popular decentralized finance platform that offers a compound dapp for users to supply and borrow cryptocurrencies. The compound dapp on BYDFi supports a wide range of cryptocurrencies, including Ethereum (ETH), Basic Attention Token (BAT), 0x (ZRX), and Dai (DAI). To start using the compound dapp on BYDFi, you'll need to have a compatible cryptocurrency in your wallet. Simply connect your wallet to BYDFi and navigate to the compound dapp. From there, you can choose the cryptocurrency you want to supply or borrow and follow the on-screen instructions. Remember to review the terms and conditions, as well as any associated fees, before proceeding with any transactions on BYDFi's compound dapp. Happy compounding on BYDFi! 😉
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