Network, Address, Tag/Memo Explanation

A successful transfer relies on three pillars. Getting any of them wrong can lead to permanent asset loss.

• Network: The transport path (e.g., ERC20, TRC20, BEP20). You must ensure the sending and receiving platforms are using the exact same network.

• Address: This is the unique wallet address provided by the receiving platform (where you want the funds to go).Always copy and paste this, never type it manually. Crypto addresses are long strings of random characters; typing even a single letter wrong will result in your funds being sent to a non-existent wallet or someone else's wallet, where they are lost forever.

• Tag/Memo:

  • Some blockchains (such as XRP, EOS, XLM, and TON) utilize a shared address. This means the receiving platform (typically a Centralized Exchange/wallet, like Cwallet) uses a single main address to receive funds for all its users.

  • Because the address is shared, the Memo/Tag acts as the unique identifier used to route the funds specifically to your individual account within that platform.

  • If you omit or enter an incorrect Memo/Tag, the funds will successfully arrive at the platform's main address, but they cannot be credited to your account. This often results in the funds being unrecoverable or requiring a complex retrieval process.