Ultimate guide on how to transfer
Compound (COMP) from Bibox to Binance

Step by step guide on how to withdraw Compound (COMP) from your Bibox account

In Bibox, only cryptocurrencies are allowed (no Fiat money).

We are going to teach you how to withdraw Compound (COMP) from your Bibox account and here are the steps:

Open the Bibox website – https://www.bibox.com

Log into your account by entering the email and password you registered.

Go to “Assets” located at the top bar beside your profile.

 

From the Assets page, go to the “Withdraw” section. Select your Compound (COMP) and enter the required details such as the amount and the withdrawal address. Pay attention to the wallet address that you’re copying as processed Compound (COMP) withdrawals can no longer be reverted. If you transact with the wrong one, you will lose your money permanently. Click the Withdraw Compound (COMP) button to continue.

 

To check on the status of the withdrawal transaction that you just made, go to the “Withdrawal” section.

 

Awesome! You have just successfully withdrawn Compound (COMP) from your Bibox account.

Step by step overview on how to deposit Compound (COMP) on Binance

Adding funds into your Binance account can be done by depositing crypto and fiat money . After making sure that your Binance account is safe to use and is fully verified, you can proceed with performing deposit transactions.

Here, you will find steps that you can follow in funding your Binance account.

  1. Deposit Compound (COMP) on Binance
  2. Deposit Fiat money on Binance

Click this to access the platform.

Once the site is up, log-in with your registered account and enter the 2FA verification code.

1. Deposit Compound (COMP) on your Binance account

Click on “Wallet” at the top-right area of the website. Then go to “Fiat and Spot”.

 

Select your Compound (COMP). You can directly type it in the box so you don’t have to go through the entire list then click on Deposit. We are using BTC in this example.

 

You will be given the wallet address which you can copy to continue depositing. Make sure you are copying the correct one as transactions can no longer be reverted. If your funds are transferred to the incorrect address, you could lose your money.

To check pending and all transactions, go to “Deposit Withdraw History.”

Way to go! You have funded Compound (COMP) on your Binance account.

2. Deposit Fiat money on your Binance account

Click on “Wallet” at the top-right area of the website. Then go to “Fiat and Spot”.

Click on the Deposit button.

Select currency and payment method. Then click Continue. Follow the succeeding instructions to complete your deposit.

Good job! You have funded fiat on your Binance account.

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