Why Is Gatehub Making Me Hold 50 Xrp Site:www.reddit.com

Last Updated on March 8, 2023 by Paganoto

Gatehub Show Max Balance is -50 XRP : r/Ripple – Reddit

The wallet clearly states that the minimum is 50 XPR, but doesnt explain why, I still suspect this is a gatehub ‘requirement’ and not Ripple. Its not causing me …

30 XRP stuck in Gatehub : r/Ripple – Reddit

Gatehub gives you a real wallet with secret key and all. The 20xrp reserve is by Ripple not Gatehub. Binance holds the xrp in your place and issue you an IoU.

Min. required reserve 50 XRP : r/gatehub – Reddit

Totally in the same boat. I have 50 XRP “trapped” when I go to exchange. I understand that we need to have 20 XRP to hold the account and 5 XRP per trustline.

Gatehub is a joke. : r/Ripple – Reddit

This was the case for me until I realized they give you 50 XRP to start with. You can’t withdraw the entire wallet, there must be 50 XRP left over.

Gatehub users to be, beware.. : r/Ripple – Reddit

The reason you don’t have to hold 20 XRP at other exchanges is because you don’t have a real XRP / Ripple Wallet on those exchanges. That’s why your Ripple …

How to decrease my 50XRP reserve : r/gatehub – Reddit

I had the same issue. What to do is: try sending it in small amounts (like 1 or 3 or 4 ripple) at a time to the exchange/ wallet you desire.

Gatehub secretly changing their minimum reserve from 20xrp to …

I have the same thing, apparently it’s 50 xrp since it’s a ripple wallet. I have been waiting for the exodus wallet to hold ripple so I can transfer there …

This is what happened between gatehub.com and me : r/Ripple

uhm… okay so you had a ripple wallet and 50 xrp are the minimum balance… your ripple wallet is not tied to gatehub and it still exist.

GateHub hacked : r/Ripple – Reddit

Change your password immediately and create new address with new secret key to move funds to (if you have no other option or hardware wallet).

Warning to fellow newbs: Don't use Changelly or Gatehub!

In the last week and a half I decided to buy some XRP. … ridiculous I have to wait 8 weeks to make any purchases larger than $50. … Just hold tight.

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.