Oct 06, 2023
Sending Crypto on an Exchange: Can I Leave the Memo Column Empty?
Indeed, not all cryptocurrencies use a memo to process transactions; however, it plays a crucial role in those that do, as it can significantly impact the success of your cryptocurrency transactions....
Jun 09, 2023
What is a Memo Used for in Crypto Transactions
Memos are typically used for custodial wallet addresses because multiple recipients can have the same address on the same wallet service provider, but the presence of the memo separates them from one another and avoids the problem of sending it to the wrong recipient....
Aug 23, 2022
What is a Transaction Memo in Your Crypto Transfer?
A crypto transaction memo or a destination tag is a separate field in the transaction details pane that can be filled with a distinct line of recipient information. The transaction memo serves as an additional wallet address feature and is a nine-digit number specific to each hosted wallet....
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