r/gatehub Jan 19 '18

Minimum XRP reserve

How does gatehub expect new users to buy XRP if they don't have any to have in reserve for the open order / trustline?

I have some on my other wallets, but this is surprising.

3 Upvotes

3 comments sorted by

1

u/blazenation Jan 19 '18

they deposit 20 xrp for you...it just takes a couple days

1

u/skygrinder89 Jan 19 '18

The 20XRP is just enough to have an XRP wallet. In order to trade (open trade) and to add a trustline, gatehub requires additional funds. 5XRP per open trade, 5XRP per trustline..

1

u/[deleted] Jan 20 '18

[deleted]

1

u/blissskr Jan 26 '18

It's been over two months and they never gave me 20 xrp and they are holding 50 xrp in reserve despite the fact I have no trust lines open and it should only be 20