Destination Tags

Short Description:

Destination tags are extra pieces of information that are included when sending XRP or other assets to a destination wallet address. Destination tags are used to ensure that transactions sent to the same receiving address can be properly attributed and credited to the correct recipient, even if multiple users or accounts share the same wallet address.

Main Description:

Destination tags are extra pieces of information that are included when sending XRP or other assets to a destination wallet address. Destination tags are used to ensure that transactions sent to the same receiving address can be properly attributed and credited to the correct recipient, even if multiple users or accounts share the same wallet address.

Destination tags are a useful feature for platforms that need to manage large volumes of user deposits and withdrawals efficiently. Users should always follow the specific instructions provided by the platform or exchange when including destination tags to ensure that their funds are properly credited to their accounts.