Is XRP tag same as Memo?

What is XRP tag memo?

Destination tag/Memo is an additional address feature necessary for identifying your recipient beyond the XRP/XLM wallet address on a centralized exchange or wallet.

Does XRP require a memo?

Yes. The Tag/Memo is mandatory for transactions for cryptocurrencies that use this technology.

Where is my XRP tag?

To find yours, go to your exchange or wallet provider and look for a 6-10 digit number called Destination Tag, which is the number you'll need to enter during the order process.

What is destination tag for XRP trust wallet?

The destination tag is used to indicate who should be credited for which payment. Think of the destination tag as a unique numerical memo specific to your cards XRP Ledger address. The destination tag is required when sending any XRP from an external address to your Uphold wallet.

What happens if I send XRP without destination tag?

Most exchanges configure their accounts so that attempts to transfer funds to them without a destination tag will fail. If this is the case, then the transaction would have failed and the XRP would still be in the sending account.

Does trust wallet have a memo tag?

Trust Wallet is a decentralized wallet and it does not require a Memo or Destination Tag. When sending these tokens to Trust Wallet, a Memo or Destination is not required.

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