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Transactions on TON: What Is a Memo/Tag?

Transactions on TON: What Is a Memo/Tag?

Even crypto beginners know the importance of entering the correct address when sending cryptocurrency. However, some cryptos may require not only an accurate address but also a proper memo/tag filled in. Don’t worry, today, we’ll guide you through making such transactions confidently.

Why is a Memo Necessary for TON?

When you withdraw cryptocurrencies on TON (Toncoin, USDT), you often need to provide a Memo or Tag. It is especially necessary when you send crypto to an exchange or service that uses one wallet address for many users — to ensure your funds go to the right account.

When using the NC Wallet, remember that a memo/tag in addition to the address may be required by a recipient — only for cryptocurrencies on TON. For all other blockchains, just enter the address as you normally would.

How does it look like and how to fill it out

If a memo is necessary, it is usually provided by the exchange or wallet to which you are sending crypto. The memo looks like a string of symbols (numbers, letters, etc).

Transactions on TON: What Is a Memo/Tag?

Simply copy the memo and enter it into the "Memo/Tag" field. Enter the crypto address and make sure to double-check all details before confirming your transaction. Remember that all transactions in blockchain are final.

Now, you can be confident that your TON assets are secure! Keep exploring cryptocurrency with NC Wallet. The more you learn, the more opportunities will become available to you.

TO NC Wallet

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