Hi,

The “Deposit memo” you mention for Stellar Lumens (XLM), is it the “Memo ID” or the “Memo Text”? I’m assuming ID but want to be absolutely sure before initiating a deposit.

Thanks


1 Comment

  1. Bitstamp-Lucas on 23. November 2023 at 23:42

    Hey there! 🙂

    A Memo is a type of destination tag that is used to identify the recipient in a transaction. There are different types of Memos (e.g. Memo Text, Memo ID).

    However, please keep in mind that Bitstamp uses Memo ID. 🙂