Understanding Memo/Tag Requirements
Certain cryptocurrencies require additional identification details during transfers. These include:
Key Memo/Tag Coins:
- MOBI
- XLM (Stellar Lumens)
- BTS (BitShares)
- GXS
- EOS
- XRP (Ripple)
👉 Master crypto transfers with these essential tips
Why It Matters:
Omitting Memo/Tag during deposits may result in funds not being credited to your account. Always verify whether the receiving platform mandates this field.
Step-by-Step Transfer Instructions
Mobile App Procedures
Depositing XLM (Example)
Sender Side (Wallet.io):
- Locate XLM in your wallet.
Select "Transfer" and enter:
- Gate.io's XLM deposit address
- Exact Memo from Gate.io
- Transfer amount
- Confirm transaction.
Receiver Side (Gate.io):
- Navigate to Wallet > Spot Account > XLM > Deposit.
- Copy the provided address and Memo.
- Track progress via "Deposit History."
Withdrawing XLM (Example)
- Paste the recipient's wallet address.
- Critical: Enter their required Memo in the "Note" field (never check "Don’t use note").
- Verify all details before submission.
Web Platform Procedures
Depositing via Web
Sender (Wallet.io Web):
- Add XLM to your dashboard.
Initiate transfer with:
- Gate.io deposit address + Memo
- Amount
- Authorize transaction.
Gate.io Web:
- Access "Account Management" > "Deposit/Withdrawal."
- Locate XLM deposit address/Memo under "Deposit."
Withdrawing via Web
- Select "Withdraw to Wallet Address."
Input:
- Destination address
- Memo (under "Tag" field)
- Amount
- Confirm via email/2FA.
Critical Reminders
Memo/Tag Field Usage:
- Web: Always use "Tag" field.
- App: Input under "Note."
Troubleshooting:
For missing Memo deposits, submit a support ticket with:
- Account ID
- Transaction screenshot
- Correct Memo
- TX Hash (text format)
Security Check:
- Double-check addresses and Memos—transactions are irreversible.
👉 Avoid transfer mistakes with this checklist
FAQ Section
Q1: What happens if I forget the Memo?
A: Funds may be recoverable by providing transaction proof and correct Memo via support ticket.
Q2: Are all cryptocurrencies Memo-dependent?
A: No, only specific chains like XRP/XLM require this. Always check coin requirements.
Q3: Can I use the same Memo for multiple deposits?
A: Yes, unless the receiving platform specifies otherwise.
Q4: How long do Memo transactions take?
A: Similar to regular transfers—usually within minutes if network congestion is low.
Q5: Is the Memo case-sensitive?
A: Typically yes. Input it exactly as provided by the recipient.
Q6: Where do I find Gate.io’s Memo for deposits?
A: Always visible in the deposit section for supported coins.
Pro Tip: Bookmark this guide for future reference. Consistent accuracy ensures seamless crypto transactions.