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Author Topic: Gatehub holding 50 XRP reserve  (Read 201 times)
denis-z12 (OP)
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December 27, 2017, 10:55:48 PM
 #1

Hi huys, new XRP owner here since around 1 week. I have a ripple account on gatehub and have some questions about the minimum wallet reserve. I keep hearing the minimum reserve is 20 XRP but it seems gatehub is holding 50 XRP as reserve. I have only one trustline with BTC + ripple wallet (no open trades) that should be 25 XRP as a reserve should it not?

My wallet has 111 XRP. When i enter the exchange section in XRP I can only exchange a total of 61 XRP. why is that?
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December 28, 2017, 01:16:48 AM
 #2

This support page doesn't say it's 50.

https://support.gatehub.net/hc/en-us/articles/115003269345-What-is-XRP-reserve-

Quote
The main reserve requirements are:

    20 XRP per account (always required),
    5 XRP per each trustline* (connected gateway).
    5 XRP per each open order.
denis-z12 (OP)
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December 28, 2017, 09:21:23 AM
 #3

This support page doesn't say it's 50.

https://support.gatehub.net/hc/en-us/articles/115003269345-What-is-XRP-reserve-

Quote
The main reserve requirements are:

    20 XRP per account (always required),
    5 XRP per each trustline* (connected gateway).
    5 XRP per each open order.


take a look at this

Code:
https://content.invisioncic.com/r263943/monthly_2017_12/wallet_comparison.png.4a10487d66f6c142ccacd81f93be6af5.png

this picture and the fact that 111 - 50 equals 61 which is the total amount that I can use to exchange from my wallet in gatehub.
aoluain
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January 03, 2018, 10:06:25 PM
Last edit: January 03, 2018, 10:19:21 PM by aoluain
 #4

I used to have a nice amount of ripple back in Jan 2017.
I had it on Gatehub also. I still have 25.922 there but
cannot liquidate it.

On this link they state that the minimum reserve is 50XRP
https://wallet.gatehub.net/#/help/overview/wallets

Why? why does there have to be a reserve?
They say it is an anti span thing  Roll Eyes

EDIT ****
After a bit of surfing on their site the reserve is actually as follows

The main reserve requirements are:

    20 XRP per account (always required),
    5 XRP per each trustline* (connected gateway).
    5 XRP per each open order.

R


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LLBIT|
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denis-z12 (OP)
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January 05, 2018, 01:23:11 PM
 #5

I used to have a nice amount of ripple back in Jan 2017.
I had it on Gatehub also. I still have 25.922 there but
cannot liquidate it.

On this link they state that the minimum reserve is 50XRP
https://wallet.gatehub.net/#/help/overview/wallets

Why? why does there have to be a reserve?
They say it is an anti span thing  Roll Eyes

EDIT ****
After a bit of surfing on their site the reserve is actually as follows

The main reserve requirements are:

    20 XRP per account (always required),
    5 XRP per each trustline* (connected gateway).
    5 XRP per each open order.



Hi,

Yes they do say that. But if you try to exchange your XRP you will notice that there will always be 50XRP that you cant exchange and they are left behind.
Someone suggested that we can import our ripple wallet to another exchange and after doing that you could withdraw/exchange everything to the minimum 25 XRP. But I have not tried this.
Anyone tried it?
gianpa
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January 05, 2018, 03:59:11 PM
 #6

Hello Denis-Z12,
I have exactly same behaviour...  Sad

Don't want to leave 50 XRP on my ripple wallet...
Any help/support would be appreciated.
denis-z12 (OP)
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January 05, 2018, 04:39:45 PM
 #7

Has anyone been able to import their ripple wallet from Gatehub to a different exchange and how many XRP did you have to leave behind in Gatehub 25 or 50?
denis-z12 (OP)
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February 05, 2018, 11:18:25 PM
 #8

any new info about this?
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