What is payment id for monero wallet

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To make a transaction, please use the old-style 64 hexadecimal character IDs in order to send XMR coins. In order to keep the trading process comfortable for our customers, we have to perform regular maintenance on our wallets. This might also be the reason you are not able to send or receive your XMR. Freewallet provides a Smart Exchange option, which gives you the opportunity to exchange cryptocurrencies within your app.

This option is provided by our exchange partner, though they sometimes disable the exchange for certain cryptocurrencies due to technical issues on their side. You can always see the minimum transfer amount in the app. Try sending a little more to have your transaction successfully completed. You can not send XMO to an XMR wallet address or vice versa because these two coins have different blockchains, so the transaction will not be posted properly, and the refund process might take up to several months.

Official website: getmonero. Alternative website : monero. Still have questions? Get in touch with our Support team. Buy with a card. Back to FAQ. Back to top. How is Monero private? Where can I see my Monero keys? Where can I see my Monero balance? What is Monero payment ID? What types of Monero Payment ID do you support?

What are the transaction fees? Did you support the Monero hard fork? Maintenance In order to keep the trading process comfortable for our customers, we have to perform regular maintenance on our wallets. Smart Exchange Freewallet provides a Smart Exchange option, which gives you the opportunity to exchange cryptocurrencies within your app.

Did you find it helpful? Related Articles. What should I do if I need help? Smart Pay In. Supported ERC20 Tokens. How to verify email? Ethereum ETH. Transaction statuses. Can I set limits for my transactions? What is a payment ID in Monero, and why is it used? This post from a while back on Reddit documents what a payment ID is and how it is used quite nicely. Note that an integrated address includes a payment ID and is a preferable way to send and receive Monero. Payment IDs are needed when sending to an exchange, such as Poloniex or to a merchant.

Hopefully Poloniex will implement "integrated addresses" in the future, which incorporate the payment ID into the receiving address. This improves user convenience and also mitigates the risk that a user forgets to include payment ID when sending his Monero to an exchange. Poloniex will provide you with a payment ID, you can include this when sending a transaction from [monero-wallet-cli or monero-wallet-gui].

Conversely, one can generate a payment ID in [monero-wallet-cli or monero-wallet-gui] and include this in the transaction. MyMonero has such an option too. By contrast, in Bitcoin one can easily generate another address in a wallet. Payment ID is really a message attached to the TX. It can either be encrypted or unencrypted, depending which scheme is used. It will generate a random digit PID and encode it together with your regular address into the integrated format.

To receive something with explicitly stated PID, just generate any random 64 or 16 hexadecimal "digits" by any means you like! Then give both your regular address and the payment ID to the sender, and he must be sure not to forget to attach it in the command when sending.

This does have one interesting practical use. Sign up to join this community. The best answers are voted up and rise to the top. Stack Overflow for Teams — Collaborate and share knowledge with a private group. Create a free Team What is Teams? Learn more. What is a payment ID, and why is it used? Ask Question. Asked 4 years, 6 months ago.

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