After a couple of trading activities, you may now go ahead and make your first Compound Coin (COMP) withdrawal. It is always a requirement to completely verify your DigiFinex account after registering.
To help you achieve your first Compound Coin (COMP) withdrawal, we have prepared this guide for you to follow.
Access first the DigiFinex website here.
Log into your account using the email and password you’ve registered.
After logging in, click on “Withdraw.” The screen will prompt you to activate Two-Factor Authentication first prior to making withdrawal transaction if you haven’t activated it yet after verifying your account. It’s an added security and it must be followed.
To continue processing your Compound Coin (COMP) withdrawal, you need to select first your desired Compound Coin (COMP) under “Token” and add your wallet address by clicking on “Add a new Address.” Make sure that you are adding the correct address to avoid losing funds.
With Kraken, you can deposit cryptocurrencies like Compound Coin (COMP) as well as Fiat money, but first, make sure you have completed the account “Verification” process and have activated 2FA.
Here are the steps on how to deposit Compound Coin (COMP) on your registered and confirmed Kraken account:
Click here to open the exchange site and click on “Log in.”
Click on “Log in” and enter your registered email address and password. You also need to verify Two-factor Authentication, then click on “Log in.”
Once you’re logged in, click on “Funding” to start depositing.
To deposit Compound Coin (COMP), click on “Deposit” and select your preferred Compound Coin (COMP). Make sure that the Compound Coin (COMP) deposit you opted to make meets the minimum deposit requirements. Also, double-check that you are sending the correct Compound Coin (COMP) to the address as transactions sent to the wrong address may not be recoverable.
For an initial deposit, you will have to generate a new deposit address. Click the ‘Generate New Address’ button to do so.
After adding a deposit address, copy and paste the address and the generated ‘destination tag’ or ‘memo’ if required into the wallet from which the funds will be sent.
To deposit Fiat money, select your currency under “Deposit” and select your deposit method from the drop-down menu.
Copy the deposit wire details and supply the needed information required by the system, depending on what method you have selected. Double check your information, then confirm the deposit transaction.
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