AnnXRP Posted October 20, 2022 Share Posted October 20, 2022 There are two XRP/USD pairs on the Sologenic DEX, one with Gatehub and the other Bitstamp. My XRP is on my ledger nano and I don't have an account with either Gatehub or Bitstamp. If I were to sell a few XRP for USD on the Sologenic DEX, my question is would I still have access to the USD on the DEX? I understand that to withdraw the USD I'd need an account with Gatehub or Bitstamp but would I be able to use USD to buy an asset on the XRP Ledger? Thanks in advance. Link to comment Share on other sites More sharing options...
AnnXRP Posted October 20, 2022 Author Share Posted October 20, 2022 I just answered my own question by selling $1 worth of XRP into USD and buying SOLO with the $1 so it is possible to trade into and out of fiat without having a Gatehub or Bitstamp account. Just putting this up for anyone else with the same question. Link to comment Share on other sites More sharing options...
Triceratops Posted October 20, 2022 Share Posted October 20, 2022 It is USD tokenized by Gatehub or Bitstamp. Like every other token on the XRPL these tokens are tradable for any other token on the XRPL. You could also create an offer for XRP/SOLO directly if you would like. Link to comment Share on other sites More sharing options...
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