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RE: How to transfer STEEM from Bittrex to steemit
There is no need to enter anything into the memo field displayed on Bittrex or any other exchange. All you need is the address that you want to send funds to, which on the Steem blockchain is your account name.
Please note that any information written in the memo field will become public information that anyone can see on the blockchain. So do not enter your private key or password there.
I absolutely agree. I read this article, I was hesitant about using my private memo key, but I was in a hurry and didn't check other information. I got some weird thought that bittrex is about to send some encrypted memo and that's why it needs prev key (that's total nonsense).
And the result is:
Thanks to @noblebot for its automated checks and for notifying me. Fortunatelly, I don't have any secret memos that others could now read, but still, this article in its current state NEEDS CORRECTION or DELETION or at least enough downvotes so it's ghosted.
@cryptotrends if you're online, please correct it.
"Memo" field is just an opaque text that will be sent back along with the transfer.
Nothing more.