XRP on Gemini Exchange

[Spekul8]

I wish that Gemini listed XRP. Great Service.  More guys should request this from them. 

Edited May 3, 2017 by Spekul8

[N23D]

second. 

[Spekul8]

10 minutes ago, N23D said:

second. 

Thank you. 

I hope the Gemini will see this thread. Let's grow it. 

[namini]

3 hours ago, Spekul8 said:

Thank you. 

I hope the Gemini will see this thread. Let's grow it. 

Best chance is if a lot of people ask them directly.

[joebob]

I agree, and sent them an email making my request.  Gemini is a very institutionally oriented Exchange with great customer service, and XRP supports Banking functions for banking institutions, and have APIs to share with institutions and others.

"The next generation digital asset platform built for businesses and investors. Buy, sell, and store both bitcoin and ether with superior trading features, security, and regulatory oversight."  - from Gemini landing page...  

[joebob]

However as an exchange a Gemini holds the secret keys of each account holder. 

[Hodor]

12 minutes ago, joebob said:

However as an exchange a Gemini holds the secret keys of each account holder. 

Well that's disappointing.  Unless they offer insurance for your deposit or some other service?  Or allow you to use your deposit in ways that are profitable to you and them both... ?

[Hodor]

39 minutes ago, joebob said:

I agree, and sent them an email making my request.  Gemini is a very institutionally oriented Exchange with great customer service, and XRP supports Banking functions for banking institutions, and have APIs to share with institutions and others.

"The next generation digital asset platform built for businesses and investors. Buy, sell, and store both bitcoin and ether with superior trading features, security, and regulatory oversight."  - from Gemini landing page...  

Surprising that they don't already support XRP.  My feeling is that there are lot of firms that are working on XRP integration right now due to strong demand.  Maybe they already have plans?  Thanks @joebob for sending them a message!

[joebob]

No worries, even if folks don't send them their XRPs at least it helps to raise awareness of XRP.

Also, folks that have an IT background will have different levels of risk tolerance than others, especially since some may or may not realize vulnerabilities when downloading software.  

[Mercury]

I think they may need a serious push to list XRP. Isn't part of their whole operation offering OTC sales/ offers that wont wobble the market? Allowing the institutional buyers and whales to make purchases with sever lost of capital or gains?

Since Ripple offers direct purchase of XRP to FI (or even free) a big chunk of the proposed market is gone for Gemini, not sure there is enough XRP whales out there to make it worth their time.

[Spekul8]

15 hours ago, Hodor said:

Surprising that they don't already support XRP.  My feeling is that there are lot of firms that are working on XRP integration right now due to strong demand.  Maybe they already have plans?  Thanks @joebob for sending them a message!

 

Maybe they need inventory to move? We all sit and hold. 

[Hodor]

7 hours ago, Spekul8 said:

We all sit and hold. 

We all know where the price should be...  and that magic spot is nowhere close. 

[Spekul8]

12 hours ago, Hodor said:

We all know where the price should be...  and that magic spot is nowhere close. 

If you ever met me in real life you would laugh. I can be up 6 figures on a position and talk about what a bad investment I made. But, this is me talking bad because I want the price to prove whether I am right or wrong.

What I have found is that the HARDEST thing is EXIT. 

I can't be "SUPER" excited.  This is NOT because I think you are wrong about XRP, rather because euphoria makes me exit the wrong way. This is just my DNA, Grumpy and Skeptic investor and trader. on the flip said, everything I own came from the market. 

 

 

Edited May 4, 2017 by Spekul8