The Memo is necessary to fill in when depositing. Memo allows us to identify a deposit and credit the appropriate account.
Examples of tokens required a memo/tag: EOS, HBAR, XLM, XRP and TIA.
Please be aware If you forgot or lost your Memo, the transfer may not arrive at the destination.*Exception for BNB
Note: WOO X doesn't require a MEMO when depositing the BNB. If the service asks to fill in the Memo to deposit in WOO X, please kindly fill in any combination of letters or numbers that will work.