What is Memo/Tag? Why it shows “The memo is not valid”?

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 the user has input the wrong memo. Please confirm with the recipient to ensure that your information is correct.

Examples of Memo:

 

Cryptocurrency

Description

XRP Numeric Only
XLM Alpha-numeric
EOS Numeric Only
BNB Numeric Only
ATOM Numeric Only


If you input the wrong address or wrong memo, your may lose your funds.

For support, reach us at help@mudrex.com

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