RE: For Newbies: What is My Steemit Wallet Address and How Can I Make a Deposit? Visual Step by Step Help Guide 🐳 A 100% Steem Power Up Post

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For Newbies: What is My Steemit Wallet Address and How Can I Make a Deposit? Visual Step by Step Help Guide 🐳 A 100% Steem Power Up Post

in steem •  8 years ago 

Thank you for posting this. But I notice there's a private memo key and (I assume) a public memo key. Which one is used in your example? Also, did you find anything about cold storage?

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It is the private memo key. I am not using cold storage therefore I will not be able to answer this question.

To withdraw from Poloniex your should use your public memo key not the private one.
Otherwise your security is compromised. If you give your private memo key to Poloniex they could have full access to your Steem wallet.

I agree. The Public Memo Key or provided QR Code Symbol should be used where applicable. Cheers guys!