🔢 Today's lesson: Memo and tags
ATOM transfers on the Cosmos chain also have a Memo field, which many exchanges require you to fill in when depositing ATOM.
When withdrawing from an exchange to your personal wallet, you can leave the Memo blank if the receiving address doesn't require one. Don't enter random text.
Understand how it works before taking action; don't make decisions based on gut feeling.
When transferring $XRP to an exchange, you generally need to enter both the address and the destination tag. Currently 1.0989.
ATOM transfers on the Cosmos chain also have a Memo field, which many exchanges require you to fill in when depositing ATOM.
When withdrawing from an exchange to your personal wallet, you can leave the Memo blank if the receiving address doesn't require one. Don't enter random text.
Understand how it works before taking action; don't make decisions based on gut feeling.
When transferring $XRP to an exchange, you generally need to enter both the address and the destination tag. Currently 1.0989.