Jump to content

Is USD safe on Gatehub.net?


hello

Recommended Posts

13 minutes ago, hello said:

I know you hold your own XRP private key on Gatehub...but what if you sell your XRP for BTC or USD? Is your money still safe from hackers?

Hi @hello, your USD will be as safe as the XRP's on your ripple wallet. All currencies in the wallet are protected by the same private key.

Link to comment
Share on other sites

8 hours ago, hello said:

I know you hold your own XRP private key on Gatehub...but what if you sell your XRP for BTC or USD? Is your money still safe from hackers?

The only risk (as long as your secret key is not compromised) is if gateway attached to your IOU decides not to redeem your IOU for fiat.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...