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forgot destination tag...


kolokolek

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hi i made some big mistake. I wanted to send my money from one exchange to another but i forgot type my destination tag. The number of account was good. Now i don't have my money neither of exchanges. I wrote to my exchange but now time to take response is very, very long. Is something what i can do now to take my money back? 

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46 minutes ago, Kerppi said:

What is the purpose of destination tag? I.e. if I click "deposit" in Gatehub all it gives me is the deposit address... :o

 

Here's a poorly written explanation from a while ago, I may try to find time to write an updated explanation: https://steemit.com/gatehub/@cmbartley/gatehub-brief-overview-of-ripple-vs-hosted-wallets

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Destination tag is used by exchanges sharing one address for several users to know who deposit what (correct me if I'm wrong).

It depend the exchanges, some allocate you a dedicated address and you don't need a destination tag.

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12 hours ago, Kerppi said:

What is the purpose of destination tag? I.e. if I click "deposit" in Gatehub all it gives me is the deposit address... :o

 

If you pay a bill there's an invoice number and the bank's account number, now every customer sees the same bank account number, but every customer sees a different invoice number. So basically, it's the exchange's reference whom to credit the XRP to, does that make sense to you?

 

Edited by Vertigo
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