GDAX or Coinbase Pro offers straightforward steps in processing Compound (COMP) or Fiat money withdrawals. 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) withdrawal 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 “Withdraw.”
To withdraw Compound (COMP) from your GDAX account, select your Compound (COMP) from the drop-down menu under “Select currency.” After selecting your Compound (COMP), click on “Compound (COMP) address” and enter the address. Make sure that you supply the correct one to avoid losing funds as it can no longer be reverted once completely processed.
Click on “Withdraw funds” to proceed.
To deposit Compound (COMP) on your GDAX account, select your Compound (COMP) from the drop-down menu under “Select currency.” After selecting your currency, you will be routed to another page showing you different methods to select from in processing withdrawal. Fill out the form with the information required by the system. Make sure your information are accurate and complete to avoid delays or losing funds. Click on “Withdraw funds” to proceed.
Placing funds into your Bittrex account is possible by depositing cryptocurrencies like Compound (COMP) and Fiat money. After making sure that your Bittrex account is safe to use and is fully verified, you can proceed with performing deposit transactions.
Here, you will find steps that you can follow in funding your Bittrex account.
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.
To deposit 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 deposit BTC.
After typing in BTC, the list filters and displays BTC only. There are two icons beside the Compound (COMP), and for deposit, select the green icon.
A new box pops-up. Click “New Address” to generate your address. Please make sure to read the Compound (COMP) deposit instructions if they are available. Some coins require a minimum amount to be sent before they are credited, and some ask for a message/payment/tag/memo. Therefore, you must send Compound (COMP) to the address provided and attach the needed notes to the deposit for Bittrex to route it to your account.
Also, make sure that you only send the same type of coins to the address. Meaning, if you generated a Compound (COMP) address you deposit Compound (COMP) to it and not some other coin. If instructions are not followed, you will risk losing your funds permanently.
For Fiat money deposit, 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 deposit USD.
After typing in USD, the list filters and displays USD only. There are two icons beside the currency, and for deposit, select the green icon.
Important reminders: Bittrex now supports eligible personal and corporate accounts for USD deposits. 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.
After the deposit process, you can check your transactions under “Pending Deposits” and “Deposit History” when you scroll down the page.
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