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Easily convert BTC to COMP with ConvertOnline's efficient tool.
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions over the internet without the need for intermediaries such as banks. It operates on a technology called blockchain, which is a distributed ledger that records all transactions transparently and securely.
Compound (COMP) is a decentralized finance (DeFi) protocol that allows users to lend and borrow cryptocurrencies in a trustless manner. By utilizing smart contracts on the Ethereum blockchain, Compound enables users to earn interest on their crypto assets or take out loans against them without the need for traditional intermediaries.