A cryptocurrency tag or memo is a message or note that is attached to a cryptocurrency transaction to provide additional information about the transaction. It is similar to a memo field that is often included in traditional bank transfers, where the sender can add a brief message for the recipient.
Some cryptocurrencies, such as XRP, XLM, and ATOM may require a memo to be included in the transaction in order to properly route and process the transaction. In cases where a memo or tag is required, failure to include it or inputting it incorrectly can result in the transaction being lost or delayed.
Please be sure to check your deposit address for a memo or tag field before transacting to or from Newton.
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