Transferring XRP from Binance to Ledger Nano. Do I need a memo?

Summerjam2010BySummerjam2010

Hello everyone,

I'm trying to transfer coins to my Ledger Nano X for the very first time, but I'm already failing at setting up my "Withdrawal Address".

I entered the address etc., but when I click save Binance tells me:

"The network you selected requires a MEMO. Check and ensure the MEMO details are correct.

Where can I see the name of the memo?! Am I sure I have to enter something like that?

I hope you can help me!

LG

Tim

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Apfelbusch123
Apfelbusch123
2 years ago

According to Ledger itself, you don't need a "destination day" (ie XRP) to transfer something from an exchange to your wallet. If you need one of the stock exchanges, you can enter any number.

Here you can read more (where I have the information here):

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