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Easily convert COMP to IOTX with ConvertOnline's efficient tool.
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.
IoTeX (IOTX) is a blockchain platform designed to connect the Internet of Things (IoT) with decentralized technologies. Its primary function is to enable secure and privacy-centric interactions between devices, allowing for seamless data exchange and automated processes in a decentralized manner.