Ultimate guide on how to transfer
Compound (COMP) from Dragonex to Kraken

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

Making withdrawals from your funded Dragonex account is simple as long as you have completed the ID Verification process.

Let’s check these steps to help you withdraw Compound (COMP) from your Dragonex account:

Click here to open the exchange site. Type in your login information and click on the “Log in” button.

To withdraw Compound (COMP) from your secured Dragonex account, go to “My Assets” and select on “Account Assets” where you’ll be able to see different cryptocurrencies. Select your Compound (COMP) and hit on “Withdraw.”

Enter your wallet address and click on “Confirm Add.” Make sure you are using the correct one to avoid losing funds.

You are also required to enter your amount, password, and SMS code. Click on “Apply to Withdraw.”

You can view your pending and previous withdrawal transaction under “Withdrawal History.”

You did it! You have withdrawn Compound (COMP) from your Dragonex account. 

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

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:

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

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.

1. Deposit Compound (COMP) on your Kraken account

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.

Awesome! You have deposited Compound (COMP) on your Kraken account.

 

2. Deposit Fiat money on your Kraken account

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.

Fantastic! You have deposited Fiat money on your Kraken account. 

Which Cryptocurrency do you want to buy, transfer or store?

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.