Is it normal for your XRP to decrease on GateHub? -SOLVED-

[Kerberos487]

About two days ago I was sent 51 XRP by a very gracious forum member. Shortly after receiving them, the amount dropped to 50.98 XRP, I chalked this up to the system adjusting and giving me a more exact amount. However, I just looked at my wallet and the amount has dropped to 50.9792. I do have 2FA on, and I just changed my password. This is in my Ripple wallet on GateHub. I just want to see if anyone else has had any experience with this happening to them. I don't know if this would have any bearing on anything, but I do have money being wired in, but I would think any transaction fees would be taken out of the amount I wired over. Thanks for the help!

[Roborovskii]

Every transaction you made on RCL, e.g. trade bids, offers, buy, sell, send, has a transaction cost of a tiny amount of XRP. This tiny amount is "burnt" up into oblivion.

[Kerberos487]

But the thing is I haven't done anything with that ripple. The most I've done is enter how much I plan on exchanging when my funds arrive so I can see what I'd be getting. But nothing has ever been executed on my end.

[Roborovskii]

1 minute ago, Kerberos487 said:

But the thing is I haven't done anything with that ripple. The most I've done is enter how much I plan on exchanging when my funds arrive so I can see what I'd be getting. But nothing has ever been executed on my end.

You could check your history to see what was transacted previously. The tiny amounts do seem to be inline with transaction costs.

[Kerberos487]

I'll double check that. If my transaction history is bare save for the deposit, I should figure it's transaction fees then? I already have a service ticket in with Gatehub but that doesn't mean anything.

[enej]

1 hour ago, Kerberos487 said:

About two days ago I was sent 51 XRP by a very gracious forum member. Shortly after receiving them, the amount dropped to 50.98 XRP, I chalked this up to the system adjusting and giving me a more exact amount. However, I just looked at my wallet and the amount has dropped to 50.9792. I do have 2FA on, and I just changed my password. This is in my Ripple wallet on GateHub. I just want to see if anyone else has had any experience with this happening to them. I don't know if this would have any bearing on anything, but I do have money being wired in, but I would think any transaction fees would be taken out of the amount I wired over. Thanks for the help!

GateHub didn't took your XRP. Please read more about transaction costs here: https://ripple.com/build/transaction-cost/

If you send your ripple address I can tell you exactly what happened.

 

[Duke67]

@enej, @gregor, I am missing better tool to export the history of trades. The web report is neat but it's not very helpful if what you actually need to get is a spreadsheet. Users need it for evidence and tax purposes. Please add something like export to CSV with From-To control. Thanks!

[enej]

47 minutes ago, Duke67 said:

@enej, @gregor, I am missing better tool to export the history of trades. The web report is neat but it's not very helpful if what you actually need to get is a spreadsheet. Users need it for evidence and tax purposes. Please add something like export to CSV with From-To control. Thanks!

CSV export and additional filtering options will be available as part of our "spring" release.

[JoelKatz]

4 hours ago, Kerberos487 said:

But the thing is I haven't done anything with that ripple. The most I've done is enter how much I plan on exchanging when my funds arrive so I can see what I'd be getting. But nothing has ever been executed on my end.

You can't receive any asset on RCL other than XRP unless you agree to accept it. That takes at least one transaction. Some wallets also use transactions to configure wallet parameters such as your signing key, whether people who extend trust to you need authorization to do so, and so on. The amounts you're talking about do seem in line with transaction fees. A typical transaction fee is around 0.005 XRP. So going from 51 to 50.9792 would only take about four transactions.

Unless you placed an offer to trade XRP for some other asset, you should never see a decrease in your XRP balance unless you do something that causes your wallet to issue a signed transaction.

If you PM me your address (or are willing to disclose it publicly), I can pull up your transaction history and see what transactions, if any, you performed.

[itsmikeandjulie]

8 hours ago, Kerberos487 said:

But the thing is I haven't done anything with that ripple. The most I've done is enter how much I plan on exchanging when my funds arrive so I can see what I'd be getting. But nothing has ever been executed on my end.

did you send the xrp from your primary wallet to another wallet? any transfer can cost a fraction of xrp also

[Guest]

4 hours ago, JoelKatz said:

You can't receive any asset on RCL other than XRP unless you agree to accept it.

What about the "require memo code" thingy?

[Kerberos487]

Just wanted to let everyone know that my question has been answered and everything is good to go. Thank you to everyone who commented and thank you to @JoelKatz for looking into everything and explaining it to me.

[Mercury]

Just wanted to let everyone know that my question has been answered and everything is good to go. Thank you to everyone who commented and thank you to [mention=30]JoelKatz[/mention] for looking into everything and explaining it to me.

Great to hear. Was your question answered above or off thread? If off would you be ok sharing the solution in case someone else has the same issue?

[Kerberos487]

6 hours ago, Mercury said:

Great to hear. Was your question answered above or off thread? If off would you be ok sharing the solution in case someone else has the same issue?

My question was answered off thread. So basically the reason the amount of Ripple was decreasing was because I had set different trusts on GateHub which had to be put on the public ledger. So for that to happen a transaction had to occur. I just happened to set one of my trusts when the transaction fee was high.

[Mercury]

Awesome. Maybe change the first posts title to include - SOLVED-

 

Trying to make answers more easy to find [emoji3]