A destination tag is a unique code that you generate together with a Ripple (XRP) deposit address for your CoinLoan account.

The Destination Tag is used to determine what account a deposit should be assigned and credited to. This is because all CoinLoan accounts share a single Ripple (XRP) deposit address.

The Destination Tag is up to ten numbers long and must be included with all XRP deposits to your CoinLoan account.

Always ensure to include the correct Destination Tag before sending your XRP deposit.

WARNING: Forgetting to include the Destination Tag will lead to significant delays in crediting the deposit to your account, and might even make the deposit irretrievable in certain cases. If you forgot the tag, email us or feel free to hit up our live chat.

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