Ultimate guide on how to transfer
Compound (COMP) from Bittrex to GDAX (CoinBase Pro)

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

Withdrawing funds from your Bittrex account is very straight-forward. However, prior to making deposit and withdrawal transactions, you have to go through account verification process to ensure your safety. Also, for Fiat money withdrawal, you have to make sure your account is added to the USD markets.

Here, you will find steps that you can follow in withdrawing funds from Bittrex account.

  1. Withdraw Compound (COMP) on Bittrex
  2. Withdraw Fiat money on Bittrex

Click this to access the platform.

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

Once you’re logged in, click on “Wallet” which routes you to the “Account Balances” page.

1. Withdraw Compound (COMP) on Bittrex account

To withdraw Compound (COMP) on Bittrex, select your Compound (COMP) from the list of available cryptocurrencies. Initially, the page seems empty. You may want to click on “Show zero balance” to view the list or directly type in Compound (COMP). So, in this example, we will withdraw BTC.

After typing in BTC, the list filters and displays BTC only. There are two icons beside the Compound (COMP), and for withdrawal, select the red icon. This will bring up the “Withdrawal” screen.

Enter the address and amount you wanted to withdraw.  Make sure the address was created for the Compound (COMP) you are withdrawing.  You cannot withdraw Compound (COMP) from another coin’s address, meaning, BTC must be withdrawn to BTC and ETH to ETC, and so on. If you withdraw to another coin’s address, you’d end up losing your funds forever.

Click on “Withdraw” once you’re ready to proceed.

Remember: If you have activated 2FA, you will need to enter the six-digit code and confirm it.  Otherwise, log into the email account you’ve registered for Bittrex and click the verification link attached on the message they send you.

After the withdrawal, you can check your transactions under “Pending Withdrawals” and “Withdrawal History” when you scroll down the page.

Great! You have successfully processed Compound (COMP) withdrawal from your Bittrex account. 

 

2. Withdraw Fiat money from Bittrex

For Fiat money withdrawal, select your currency from the list. Click on “Show zero balance” to view the entire list or directly type in the currency of your choice. So, in this example, we will withdraw USD.

After typing in USD, the list filters and displays USD only. There are two icons beside the currency, and for withdrawal, select the red icon.

Important reminders:  Bittrex now supports eligible personal and corporate accounts for USD withdrawals. International customers and those operating in the States of California, New York, Montana, and Washington are eligible as long as the identity verification process is completed. It is a requirement to request your account(s) be added to the USD markets. If you already have an existing account, you can process your request in a few minutes and it gets approved in just a few days.

Click here to view the requirements needed.

Accounts without requests submitted and confirmed to be added to the USD markets will appear like this. However, once your account is added, the withdrawal box will ask you to enter the account details and you can submit your transaction by clicking on”Withdraw USD.”

After the withdrawal process, you can check your transactions under “Pending Withdrawals” and “Withdrawal History” when you scroll down the page.

Wonderful! You have successfully processed Fiat money withdrawal from your Bittrex account. 

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

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.

  1. Deposit Compound (COMP) on GDAX
  2. Deposit Fiat money 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.”

1. Deposit Compound (COMP) on your GDAX account

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.

Perfect! You have deposited Compound (COMP) on your GDAX account. 

 

2. Deposit Fiat money on your GDAX account

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.

Awesome! You have deposited Fiat money to continue.

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