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

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

Withdrawing Compound (COMP) from your Binance account is very straight-forward. After making sure that your Binance account is safe to use and is fully verified, you can proceed with performing deposit and withdrawal transactions.

Here, you will find steps that you can follow in withdrawing Compound (COMP) from your Binance account.

  1. Withdraw Compound (COMP) from Binance
  2. Withdraw Fiat money from Binance

Click this to access the platform.

Once the site is up, log-in with your registered account.

1. Withdraw Compound (COMP) from 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. We are using BTC in this example.

 

Input the address and amount. Make sure you are putting the correct address as transactions can no longer be reverted. If your funds are transferred to the incorrect address, you could lose your money.

Click on “Submit.”

The system will now send a confirmation message to your Binance registered email address.  Open the “Withdraw Request Confirmation” email and make sure it is your expected transaction, and then click “Confirm Withdraw” when you would like to continue with withdrawing.

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

 

There you go! You have successfully processed Compound (COMP) withdrawal from your Binance account. 

2. Withdraw Fiat money from your Binance account

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

Click on the Withdraw button.

Select the fiat currency that you’d like to withdraw. Once all the details are entered and confirmed, click Submit to proceed. Make sure that all the details are correct to avoid errors.

Congratulations! You have successfully processed $fiat withdrawal from your Binance account. 

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

Bibox only accepts cryptocurrency deposits and can only process crypto-to-crypto tradings.

Below are the practical steps on how to deposit Compound (COMP) on Bibox.

Visit Bibox official website: https://www.bibox.com

Log in using the email and password you registered.

 

Once you’re in, go to “Assets” and then to the Deposit tab. Select the token/coin that you want to deposit from the dropdown. You can use either your wallet or other platforms to transfer/deposit by copying the address provided. Please make sure you are depositing the correct Compound (COMP) and copying the right address, a wrong deposit cannot be refunded.

 

After that, you can check the deposit status at the “Deposit History” page.

 

Fantastic! You have just deposited Compound (COMP) on your Bibox account and are now ready to trade. 

 

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