Bitcoin Forum

Dear Users,

We are experimenting new deposit methods. If you would like to deposit via Ripple, please submit a USD deposit request and send the exact USD amount to our Ripple address

rpDMez6pm6dBve2TJsmDpv7Yae6V5Pyvy2

and we will manually process your request within 30 minutes during business hours.

If the demand increases and everything goes well, we will enable withdrawals too and automate the entire process.

Market makers and liquidity providers are welcome.

LakeBTC team

https://www.lakebtc.com/p/2284?locale=en (https://www.lakebtc.com/p/2284?locale=en)

Have you looked at the Ripple Gateway Framework (https://github.com/ripple/gatewayd) as a possible integration point if you automate your Ripple deposits and withdrawals?

If you contact partners@ripple.com, they may be able to get you set up with an Amazon EC2 AMI of a pre-installed deployment to use for experimentation. If not, you can just download it and set it up yourself. The Gateway Framework is still under active development, but if you do not expect to automate Ripple immediately, its release schedule may line up with yours.

It could save you some time, hassle and implementation costs.   

Thank you for the information. Our tech team will review these documents.

We are still experimenting deposit via Ripple, and will automate everything when necessary.

You may want to reach out to existing Ripple users. The highest concentrations can be found on the official Ripple forum (https://ripple.com/forum/index.php) and on XRPTalk (https://xrptalk.org/).

LakeBTC's Ripple experiment is already being discussed in both places:

• Ripple forum thread (https://ripple.com/forum/viewtopic.php?f=1&t=6804)
• XRPTalk thread (https://xrptalk.org/topic/2599-lake-btc-experiments-with-ripple/) 

Additionally, both of those forums have dedicated Chinese language subforums:

• Ripple forum Chinese subforum (https://ripple.com/forum/viewforum.php?f=7)
• XRPTalk Chinese subforum (https://xrptalk.org/forum/36-%E4%B8%AD%E6%96%87/)

lakebtc cool! 

tell us how the ripple community can help.  maybe we can ask some people to make small deposits try your service.  :)

you can post the announcement at xrptalk:  https://xrptalk.org  and make it an official experiment.  :)

wow, thank you for the info. The ripple community is obviously more energetic than we thought.

We are going to test a number of payment methods and see which ones can really stand out.  :)

There are also several Chinese-only forums, but since I don't read Chinese, the only one I have noticed is RippleSky.com (http://www.ripplesky.com/). Taking a quick look at RippleSky, there is an extensive report (http://www.ripplesky.com/thread-143-1-1.html) from a Ripple Meetup where Ripple users in your own city of Shanghai got together.

China has a lot of interest in Ripple, with several CNY gateways: The major two are RippleChina (site (http://www.ripplechina.net/), chart (http://www.ripplecharts.com/#/markets/CNY:razqQKzJRdB4UxFPWf5NEpEG3WMkmwgcXA/XRP)) and rippleCN (site (http://www.ripplecn.com/), chart (http://www.ripplecharts.com/#/markets/CNY:rnuF96W4SZoCJmbHYBFoJZpR8eCaxNvekK/XRP)). If you attract customers making CNY deposits, they will likely deposit from either Ripple China or rippleCN, although RippleFox (site (https://ripplefox.com/), chart (http://www.ripplecharts.com/#/markets/CNY:rKiCet8SdvWxPXnAgYarFUXMh1zCPz432Y/XRP)) started less than a month ago and is growing.

That's very helpful. Thanks!

US has ACH, Europe has SEPA, and China has similar system so we guess Ripple strength is for inter-continental transfers.

we are in desperate need for market makers to inject more liquidity to LakeBTC USD  ;D

yeah pls try it out and let us know how to make it better.  :)

LakeBTC is also testing USD withdrawal via Ripple now. and better liquidty should be expected :)

https://www.lakebtc.com/p/2284?locale=en

Anyone looking into lake BTC you need lots of DD here! You can ONLY WITHDRAW BTC, ripple/Gatehub is no longer supported. And they are not talking about it.

You can also withdraw ONE type of fiat, but there are rumors of high fees and long wait times. I’m looking into other possible methods possibly bitshares platform.