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Memo ID's and Destination Tags (XLM, XRP, EOS)

What is a Memo ID/Destination Tag?

Memo ID and Destination Tag technology is used to associate a transaction to a specific sender. This is helpful to the recipient, who can then identify various senders. 

There are no major differences between the two. Different blockchain networks will use one term or the other and have different usage requirements. In the end, they both achieve the same purpose.

Deposit Requirements

When depositing XRP, XLM, or EOS to a Zero Hash deposit address, there are certain requirements that must be met in order to successfully send the digital asset. See below requirements:

Digital Asset Feature Name Format Required?
XRP (XRP) Destination Tag Numeric-String  Y (use the DT found on the Deposits page)
Stellar (XLM) Memo ID Numeric-String  Y (use the Memo ID found on the Deposits page)
EOS (EOS) Memo ID Numeric-String   Y (use the Memo ID found on the Deposits page)

 

XRP ExampleScreen_Shot_2020-08-19_at_1.59.03_PM.png

 

Note: When depositing to Zero Hash addresses, Destination Tag/Memo ID's could update and change. If a previous Destination Tag/Memo ID was whitelisted for deposits, deposits will still successfully be credited to your wallet.

Withdrawal Requirements

When withdrawing XRP, XLM, or EOS from a Zero Hash wallet, there are certain requirements that may need to be met for the receiving party. See below requirements:

Digital Asset Feature Name Format Required?
XRP (XRP) Destination Tag Numeric-String  Depends on the receiving custodian
Stellar (XLM) Memo ID Numeric-String  Depends on the receiving custodian
EOS (EOS) Memo ID Numeric-String   Depends on the receiving custodian

 

Note: 

  • Wallet providers and custodians have varied requirements. Please ensure that you input the correct Destination Tag/ Memo ID that is required by your provider to deposit into.
  • Destination Tag/ Memo ID can be whitelisted for Withdrawals on the Zero Hash portal.