What happens if I forget to include a label when withdrawing coins from Binance?

3 answers

• Dec 18, 2021 · 3 years ago
  Don't worry, if you forget to include a label when withdrawing coins from Binance, your coins may still be credited to your account. However, it's important to note that including a label is crucial for certain cryptocurrencies, especially those that require a destination tag or memo. Without the correct label, the transaction may not be processed correctly, and your coins could be lost. To avoid any potential issues, always double-check the withdrawal instructions provided by Binance and make sure to include the required label.
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• Dec 18, 2021 · 3 years ago
  Oh no! Forgetting to include a label when withdrawing coins from Binance can cause some trouble. While some cryptocurrencies may still be credited to your account without a label, others require it for proper processing. If you're lucky, your coins might still find their way back to you. However, it's always best to be cautious and follow the withdrawal instructions provided by Binance. Including the correct label ensures that your coins are safely transferred to the intended destination.
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• Dec 18, 2021 · 3 years ago
  When you forget to include a label when withdrawing coins from Binance, the outcome depends on the specific cryptocurrency you're dealing with. Some cryptocurrencies, like Bitcoin, don't require a label and will still be credited to your account. However, for other cryptocurrencies that rely on labels, such as Ripple (XRP) or Stellar (XLM), the absence of a label can cause issues. In such cases, the transaction may not be processed correctly, and your coins could be lost. Always double-check the withdrawal instructions and include the necessary label to avoid any potential problems.
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