How does a Stellar deposit memo work on Binance?

3 answers

• Fenger ListFeb 17, 2024 · 2 years ago
  Sure! When you deposit Stellar (XLM) into your Binance account, you need to include a memo. The memo is a unique identifier that helps Binance credit the deposit to your account. It is important to include the correct memo when making a deposit, as failing to do so may result in the loss of your funds. The memo is usually provided by Binance and can be found in the deposit instructions for Stellar on the Binance website.
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• Trojan HorseMar 07, 2025 · a year ago
  The Stellar deposit memo is like a special code that you need to include when sending XLM to your Binance account. It helps Binance identify your deposit and credit it to your account. Think of it as a reference number that ensures your funds are properly allocated. Make sure to copy the memo correctly and include it when making a deposit to avoid any issues.
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• Ochilov TuymurodNov 05, 2020 · 6 years ago
  When you deposit Stellar on Binance, you will be provided with a unique deposit memo. This memo is necessary to ensure that your deposit is properly credited to your account. It acts as a reference number and helps Binance identify your deposit among others. Make sure to include the memo when making a deposit to avoid any delays or issues with your funds. If you have any questions about the memo or the deposit process, you can reach out to Binance's customer support for assistance.
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