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.
Click this to access the platform.
Once the site is up, log-in with your registered 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.”
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.
GDAX or Coinbase Pro offers straightforward steps in depositing Compound (COMP) or Fiat money. To gain access to all available features on GDAX, you need to completely verify your account.
We prepared this guide to help you with your first Compound (COMP) deposit on GDAX.
Access the GDAX website by clicking this link. The link is now showing as Coinbase Pro.
Once you’re logged in, type in your registered email address and password.
After logging in, proceed at the upper-left side corner of the page and select your currency, then click on “Deposit.”
To deposit Compound (COMP) on your GDAX account, select your Compound (COMP) from the drop-down menu under “Select currency.”
Once you’ve selected your Compound (COMP), copy the deposit address or scan the QR code to generate a new one. Note that you can only send Compound (COMP) to this address.
Another option available is for you to deposit Compound (COMP) through Coinbase wallet. Click on “Coinbase Compound (COMP) Wallet” and fill out the form with the deposit address and amount. Make sure that you are supplying the correct address to avoid losing funds. Click on “Deposit Compound (COMP)” to continue.
Fiat money deposit is also available on GDAX. Select your currency from the drop-down menu under “Select currency.”
For Fiat money, you have three options to select from. You can deposit through Wire Transfer, Coinbase USD Wallet, or Bank Account. After selecting your method of depositing, fill out the form with the information required by the system. Make sure your information is accurate when filling out the form to avoid delays or losing funds. Click on “Deposit” to proceed.
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