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Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Warning: The value of your virtual currencies can rise or fall sharply, and your initial investment may be lost completely; virtual currencies are not covered by the guarantee funds that cover bank deposits; there is no legal mechanism on the virtual currencies market to prevent market manipulation or insider dealing; virtual currencies depend entirely on a specific computer technology and infrastructure, which in certain cases may be very recent and not yet adequately tested; if one loses the identification code or password giving access to the virtual wallet in which the virtual currency is stored, the currency held therein will be irretrievably lost; virtual currencies are currently accepted as a means of payment to a limited extent, and in most countries there is no legal obligation to accept them; for more information about the risks associated with an investment in virtual currencies, we advise you to read the Wikifin page What is a cryptocurrency? | Wikifin.

Memo for Pi (PI) deposits

Last updated: 1 ліпеня 2026 г.

Kraken supports both standard and muxed address formats for Pi (PI) deposits.

If you use a muxed address, a Memo is not required.

The muxed address already contains the information needed to correctly route your deposit to your account. If you use a standard address, a Memo is required.

Please note:

Pi (PI) muxed deposit addresses start with an M, while standard addresses start with a G.

If you do not use a muxed address, please follow the instructions below:

When you generate a Pi (PI) deposit address for your Kraken account, a unique Memo is also created. This Memo is an additional piece of information that must be included when sending your deposit.

On Kraken, the Memo is used to determine which account the transaction should be credited to. This is because multiple accounts may share the same base deposit address.

The Memo is a numeric identifier and may vary in length depending on your account.

An example Memo is: 1234567890123456789

Always ensure you include the correct Memo before sending your PI deposit. Missing or incorrect Memo details can result in delays, and in some cases, the funds may not be recoverable.

If you forgot to include the Memo, please start a chat with the chatbot.

Memo for Pi (PI) deposits

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