Verndoggin Posted April 5, 2017 Share Posted April 5, 2017 I just sent some USD from Bitstamp to Gatehub using the Ripple network. Now I have Bitstamp USD sitting in my Gatehub wallet, which is great, but when I try to exchange that for Ripple I get quoted a higher price than if I were using Gatehub USD. Similarly, if I try to exchange my Bitstamp USD for Gatehub USD I'm quoted a rate of about $1.08 Bitstamp USD to buy a Gatehub USD. Why is this not $1 to $1? That's a massive 8% fee to convert dollars to dollars. Link to comment Share on other sites More sharing options...
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