4/1/2024 0 Comments Que es un credit memoImportantly, if a memo is required and it is not filled, or filled incorrectly, the asset may be lost. This should be done using the platform or wallet your are withdrawing to. You must confirm whether or not the receiving address requires a memo. ANY tokens sent on the Binance Chain network (BEP2)ĭo I need to use a memo for withdrawals as well?.Which coins require a memo?Ī memo is required for certain coins such as: In the same way, if you send crypto to an address that requires a memo, you will need to be sure to include the memo so that your deposit can be credited to your specific wallet. If you were to send a letter to the post office's address without including the PO box number, the post office wouldn't know which box to put the letter in. If your receive crypto address is the address for the post office, then your memo is your specific PO box number. Still a little confused? Think about it like sending a letter to a PO box at the post office. If you do not enter a memo, your transfer may not arrive at the destination without additional action. Using a memo for the cryptocurrencies that require it allows Binance.US to identify a deposit and credit the appropriate account. Each memo code is tied to a unique wallet and helps to ensure that the transaction is sent to the correct recipient. Do I need to use a memo for withdrawals as well?Ī memo is an identifier code required in addition to a receive address when sending certain cryptocurrencies.This guide will teach you all about memos (sometimes called deposit memos or other names) and how to use them for the cryptocurrencies that require them on Binance.US.
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