Ultimate guide on how to
buy Compound (COMP) on Bibox

Step by step guide on how to buy your first Compound (COMP) on Bibox

Bibox is a leading high-quality digital asset exchange platform which was launched in mid-November 2017. It is praised for its fair, transparent, safe and stable features. Bibox has operation centers in Estonia, the United States, Canada, Mainland China, Hong Kong and Japan.

Here are the practical steps that will guide you on buying your first Compound (COMP) on your Bibox account:

Create an account on Bibox
Activate your Bibox account via email
Verify your Bibox account
Protect your Bibox account
Deposit funds to your Bibox account
Buy your first Compound (COMP) on Bibox

1. Sign up for an account on Bibox

The first thing you need to do in order to buy Compound (COMP) on Bibox is to create an account. There’s no KYC required for withdrawals below 2 BTC per day. To create an account on Bibox, click on the button below and follow the instructions.

Sign-up on Bibox

Bibox secure site

Click on “Sign up.”

How to sign up on Bibox

Enter the email and password you wish to register.

Awesome! You now have an account on Bibox.

2. Log into your Bibox account after activating it via email

Open your email and click on the link that Bibox sent you, this will redirect you back to the Bibox website.

Next, enter your email and password and click the “Log In” button.

Nice! You’re now in and ready to explore your Bibox account.

3. Verify your Bibox account

To verify your profile, go to the “Profile Verification” tab located at the top of the page. By confirming your account, your daily withdrawal limit will be increased.

Enter all the information needed, upload a valid ID, and take a photo ID with you holding the valid you uploaded. Make a reference to Bibox, include the date, and make sure your face is visible as well as the details of your valid ID.

Once done, click on “Submit.”

Excellent! Your Bibox profile is now verified.

4. Protect your Bibox account by setting up 2FA

Having a 2FA or 2-Factor Authentication set up in your account is a must in the crypto world to protect it from the cybercriminals. 2-Factor Authentication is an extra level of protection that contains two parts. One is the username and password, and the other is a piece of information like something the account owner knows, have or is, which includes OTPs send to your mobile phone, PINs, answers to “security questions,” or a biometric pattern of a fingerprint.

To enable 2FA in Bibox, go to your account page and enable the “Google Authentication.”

How to set up 2FA on Bibox

Next, download and install the Google Authenticator app on your smartphone, open the app and scan the QR code inside box 1, and enter your login password and the Authenticator Code you got through the app in box 2.

Click on “Confirm.”

How to set up 2FA on Bibox

Great! You have just protected your Bibox account.

5. Deposit funds to your account on Bibox

From the homepage, go to “Funds.”

Click on “Fund Details,” find out the token that you want to deposit and click the “Deposit” button. You can also just search for it in box 4.

How to deposit funds on Bibox

You can use either your wallet or other platforms to transfer/deposit by copying the address.

Please make sure you are depositing the correct token and copying the right address, a wrong deposit cannot be refunded.

How to deposit funds on Bibox

Once done, you can check the status of the transaction you just made at the “Deposit History” page.

How to check deposit status on Bibox