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Gatehub to Bitstamp USD

Samuel

By Samuel
in Gateways and Exchanges

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Qatrikias

Qatrikias

Posted
Posted (edited)

Aside from XRP, Ripple executes basically all transactions by trade, even if invisibly behind the scene. When the ratio of USD.Gatehub to USD.Bitstamp is unfavorable it's because that's what people are willing to trade for it. This setup gets exasperated in really low liquidity trading pairs. 

Basically, what you're experiencing is not an error. Its the market telling you that Gatehubs dollar is worth less than Bitstamp's. 

Edited by Qatrikias
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ezillionaire
ezillionaire

on Bitstamp under withdrawl click Ripple (BTC,USD) on top you will see "The destination must trust rXXX address". copy that address. go to gatehub under your wallet, click advanced in the lower right

ezillionaire
ezillionaire

yes, on Gatehub, click send payment, copy the bitstamp wallet (BTC USD) wallet and send. that's it   

tulo
tulo

Do you have bitstamp or gatehub USD? If you have bitstamp you can redeem 1:1. If you have gatehub it is even better for you.

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