If you want to transfer Ton coins to an exchange but encounter a notification requiring a memo tag to proceed, and you’re confused, the following article will help you resolve the issue easily.
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What is a Memo Tag ?
A memo tag is a special code used when transferring cryptocurrency to identify a specific recipient within their wallet or on an exchange. Memo tags are often required when sending funds to exchanges or wallets where multiple users share the same receiving address, ensuring that the funds you send are correctly credited to your or the recipient’s account.
How to Find the Memo Tag in Tonkeeper
A memo tag is only needed when you transfer TON to an exchange such as MEXC, OKX, or KUCOIN. However, when transferring from an exchange back to your Tonkeeper wallet, you don’t need to enter a memo tag. The memo tag is the “Required comment” field; you just need to use the memo tag number provided by the exchange and enter it to complete the transaction.
- How to transfer TON from the MEXC exchange to your TON wallet
- TON Coin Wallets Explained: 6 Types You Need to Know About
Note: If you enter it incorrectly, you will lose all your TON. Below is an example of transferring TON from Tonkeeper to the MEXC exchange.
Log in to the MEXC exchange, select deposit, and choose TON.
Select the TON network.
Choose display Address and Memo
Copy Memo tag
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I have just guided you on how to find the memo tag. HOPE THIS ARTICLE HELPS YOU. If you have any questions, please leave a comment below.
