GateHub trading

[kimchee]

Is it cheaper to buy xrp in gatehub or directly from ripple? Can someone help me please? I haven't a clue how to do it. Everytime I try, it says " transaction ledger exceeded". What does it mean. Sorry guys. I am a newbie. I know NOTHING. I need all the help I can get. Thanks ☹️

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[winthan]

16 minutes ago, kimchee said:

 

Is it cheaper to buy xrp in gatehub or directly from ripple? Can someone help me please? I haven't a clue how to do it. Everytime I try, it says " transaction ledger exceeded". What does it mean. Sorry guys. I am a newbie. I know NOTHING. I need all the help I can get. Thanks ☹️

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You CANNOT buy directly from Ripple.  If you want to buy by cheaper way, you should use Coinbase account with your bank account, it doesn't charge anything, it takes 5 business days to clear ACH payment. Then later you can transfer to Gatehub BTC or Bitstamp BTC and trade to XRP on Ripple network. 

[kimchee]

But how was I able to buy some using the ripple app installed on my ipad? I clicked on the "buy xrp" and bought it using paypal which then deposited into my gatehub account?


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[DarthTrader]

hmmmmmm....... What kind of app is that?? I smell scam

[winthan]

Which App are you using? are you getting same market rates? 

[kimchee]

Ripple xrp app from appstore


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[Morty]

1 minute ago, kimchee said:

Ripple xrp app from appstore
 

Interesting. I don't have an apple product. But I read somewhere that Apple put XRP on their approved list. 

[kimchee]

I think it should be okay cause I got the coins anyway in gatehub [emoji3]


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[Morty]

1 minute ago, kimchee said:

I think it should be okay cause I got the coins anyway in gatehub


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Was the price good? 

How many XRP did you get per $1? 

[Live4xrp]

50xrp for $3... 9 times more expensive as actual rate... Ouch

[kimchee]

I bought 5,000 xrp for 75 euros [emoji17]


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[Professor Hantzen]

21 minutes ago, kimchee said:

I bought 5,000 xrp for 75 euros


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You should report that app to the Apple App Store. The price of XRP is clearly established on Ripple's official charts. Paying 2.5x the price is unfair, you should have paid around EUR 30 for 5000 XRP at the current rates. Whoever made that app doesn't deserve to have it on the App Store.  I'd also caution anyone else against downloading or using it, if you can't trust the developer to be fair about price, who knows what else they have going on in that app that they also managed to sneak past Apple?

[kimchee]

Alright thank you so much for your advice


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[Xi195]

@kimchee Also, leave a 1 star review explaining your experience.

I'm sorry for a negative initial experience! Welcome to the community.

 

[Professor Hantzen]

1 hour ago, Xi195 said:

@kimchee Also, leave a 1 star review explaining your experience.

I'm sorry for a negative initial experience! Welcome to the community.

 

I'm sorry too. But at least you've found this community - folks are awesome here!

If you hold those XRP long enough you still may make a profit.  Another thing you could do, is buy the same amount again, or twice again but at fairer prices (through gatehub, kraken or poloniex - or try asking someone here).  That way you'd bring your average cost down to half or a third the difference.  That could make your buy-in lower than recent highs at least.