Knowledge Card: Memo and Tags
To make account management easier, many exchanges let multiple users share the same deposit address and use a Memo or Tag to identify who each transaction belongs to.
When withdrawing from an exchange to a personal wallet, leave the Memo blank if the receiving address doesn't require one. Don't enter one at random.
When transferring $XRP to an exchange, you usually need to enter both the address and the destination Tag.
To make account management easier, many exchanges let multiple users share the same deposit address and use a Memo or Tag to identify who each transaction belongs to.
When withdrawing from an exchange to a personal wallet, leave the Memo blank if the receiving address doesn't require one. Don't enter one at random.
When transferring $XRP to an exchange, you usually need to enter both the address and the destination Tag.