Coinone is an exchange platform based in Korea that allows fiat money and crypto-to-crypto transactions.
Below is a guide to help you in withdrawing Fiat money and Compound (COMP) from your Coinone account:
Go to Visit https://coinone.co.kr and click “Log in.”
Navigate your way to the Withdrawal section by clicking on the “D/W” button located at the top bar of the homepage.
From the withdrawal page, look for the Korean Won currency or simply go to “Quick menu.”
Select “KRW” and click on the “D/W” button beside it. In the Wallets section, select “Withdrawal” and enter the amount you want to withdraw on the on the withdrawal form, and proceed with the transaction.
From the withdrawal page, look for the cryptocurrency you want to withdraw funds from, or simply go to “Quick menu.”
In this example, we are going to use Bitcoin. Locate the BTC button and click on “D/W” beside it.
Next, enter the amount you wish to withdraw and proceed with the whole process.
With Kraken, you can deposit cryptocurrencies like Compound (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 (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 (COMP), click on “Deposit” and select your preferred Compound (COMP). Make sure that the Compound (COMP) deposit you opted to make meets the minimum deposit requirements. Also, double-check that you are sending the correct Compound (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.
Trading and investing in digital assets is highly speculative and comes with many risks. The analysis/stats on CoinCheckup.com and it’s subsites are for informational purposes and should not be considered investment advice and or the truth. Statements and financial information on CoinCheckup.com and it’s subsites should not be construed as an endorsement or recommendation to buy, sell or hold.
Please do your own research on all of your investments carefully. Scores are based on averages of third party websites. Past performance is no indicative of future results. Read the full disclaimer here.