Memo and destination tags

Some coins sent to an exchange need a memo or destination tag as well as the address.

What it means

The exchange uses one shared deposit address for many users and reads the memo to credit the right account; without it, a deposit can arrive but not reach your account and usually needs a support request.

What to watch

Whether the deposit page marks a memo or tag as required, and that both the address and the memo are copied from that page and checked before sending.

How Compass-Alpha uses it

Background only; not used in any figure on Compass-Alpha.