does binance chain wallet need a memo

does binance chain wallet need a memo?

What coins require a MEMO? A deposit MEMO is required for certain coins such as: ATOM, BNB (BEP2), HBAR, EOS, XLM, and any tokens sent to your account on the Binance Chain network (BEP2).2022年4月13日

Furthermore,What happens if you send crypto without Memo?

Both an address and a tag/memo are required to receive cryptocurrency. If you send funds without a tag/memo or with an incorrect Tag/Memo, your funds cannot be credited to your account.

Furthermore,What is Memo in Binance?

A “Tag” or “Memo” is an additional address feature necessary for identifying a transaction recipient beyond a wallet address. “The memo is not valid” indicates that you have entered the wrong memo. Please confirm with the recipient to make sure that your information is correct.

Thereof,Does bep20 need Memo?

Also, the BEP-2 address requires the use of MEMO which is not needed for BEP-20 deposits and withdrawals.

Beside above,Does trust wallet need Memo?

Trust Wallet is a decentralized wallet and it does not require a Memo or Destination Tag.

Related Question Answers Found

How do I get Binance smart chain address?

How to Find My Binance Smart Chain Address

  1. To find your Binance Smart Chain (BSC) address, follow these steps:
  2. Click [Create a new wallet] and back up the 12-word seed phrase. …
  3. After creating a wallet, click [Smart Chain] – [Receive] to find your BSC address. …
  4. To see your Binance NFTs, click [Collectibles].

Does XRP require a Memo?

Therefore, they need a tag/memo to determine to which account they should credit the received funds….Which cryptocurrencies use the Tag feature in Ledger Live?

Cryptocurrency Feature name Format
XRP (XRP) Destination Tag Only numbers
Stellar (XLM) Memo String and/or numbers
Cosmos (ATOM) Memo Only numbers

Is ATOM memo needed?

Your ATOM address is unique to you and isn’t shared with other wallet users, that’s why there isn’t a memo in addition to your ATOM address to identify your wallet.

Do I need a memo to transfer ATOM?

ATOM requires a Destination Tag/Memo For your transaction to reach your wallet, you must include the correct Destination Tag/Memo, or the funds may be lost.

What is memo in Binance withdrawal?

The MEMO is a unique identifier assigned to each account that allows Binance.US to identify a deposit and credit the appropriate account. By forgetting the MEMO, your transfer may not arrive at the destination until it’s retrieved.

What is a wallet memo?

A memo is a unique 9-digit figure assigned to each Stellar-based cryptocurrency account (e.g. XLM, WLO). It is used to identify the recipient in a transaction.

How do you do a memo on a Binance?

How to use Tag/Memo Recovery?

  1. Log in to your Binance account and visit this link.
  2. Enter the details of your deposit: Token. You can use the search function to find the asset you want to retrieve. …
  3. Confirm your application details and click [Submit]. You can then check the application status from [Application Records].

What is Binance coin address?

Cryptocurrencies are deposited via a “deposit address”. To view the deposit address of your Binance Wallet, go to [Wallet] – [Overview] – [Deposit]. Click [Crypto Deposit] and select the coin you wish to deposit and the network you’re using. You will see the deposit address.

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