The memory effect in gravitational waves is a direct prediction of general relativity. The presence of the memory effect in gravitational wave signals not only serves as a test for general relativity but also establishes connections between soft theorem, and asymptotic symmetries, serving as a bridge for exploring fundamental physics. Furthermore, with the ongoing progress in space-based gravitational wave detection projects, the gravitational wave memory effect generated by the merger of massive binary black hole binaries is becoming increasingly significant and cannot be ignored. In this work, we perform the full Bayesian analysis of the gravitational wave memory effect with TianQin. The results indicate that the memory effect has a certain impact on parameter estimation but does not deviate beyond the 1σ range. Additionally, the Bayes factor analysis suggests that when the signal-to-noise ratio of the memory effect in TianQin is approximately 2.36, the log 10 Bayes factor reaches 8. This result is consistent with the findings obtained from a previous mismatch threshold.