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Twarden

XAGATE: Precious Metals, BTC, LTC, NXT, ETH, and CAD

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I am proud to introduce my gateway project, XAGATE, Canada’s second gateway for both Canadians and the worldwide community.  

Please see the announcement thread on the Official Ripple Forums for more details.

Please see our full Terms of Service here.

Please see here for our Blog.

Please see here for our open source project QuickGatewayKit.

Please feel free to write me at taylor at xagate.com for all inquiries regarding the Ripple environment and the XAGATE Gateway's operation.  Alternatively, you can also stop by the site to chat with me when I am online or leave me a message if I am away.

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On 07/02/2016 at 10:25 AM, greenrip said:

is it possible to trade/buy the xag on the gatehub?

You can trade XAG using other clients such as RippleTrade or the minimalist client.  Gatehub's trade interface only allows access to markets with certain Gateways such as SnapSwap, The Rock, RippleFox, and a few others at this time.

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11 hours ago, Twarden said:
On 2/7/2016 at 0:25 AM, greenrip said:

is it possible to trade/buy the xag on the gatehub?

You can trade XAG using other clients such as RippleTrade or the minimalist client.  Gatehub's trade interface only allows access to markets with certain Gateways such as SnapSwap, The Rock, RippleFox, and a few others at this time.

You just have to modify the URL in the address bar, so change whatever existing pair to XAG and the gateway address for that asset, Gatehub said they are in the process of adding that feature:

https://wallet.gatehub.net/#/trade/XRP/XAG:rGgS5Hw3PhSp3VNT43PDTXze9YfdthHUH 

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9 hours ago, rippleric said:

You just have to modify the URL in the address bar, so change whatever existing pair to XAG and the gateway address for that asset, Gatehub said they are in the process of adding that feature:

https://wallet.gatehub.net/#/trade/XRP/XAG:rGgS5Hw3PhSp3VNT43PDTXze9YfdthHUH 

I haven't used Gatehub's wallet for trading at all, I was unaware of this workaround, thanks for the tip rippleric :)  I've already inquired if Gatehub will add the XAGATE markets to the Trade page.

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The Gateway has limited liquidity save for the ~Rippleunion CAD markets.  You may have better luck finding some liquidity for XAG.~Xagate through XRP or CAD.~Rippleunion.  The ~Xagate markets have limited liquidity at this time as I can only provide limited liquidity myself.  If you did not read the full announcement at the official Ripple forums, you may not know that XAGATE is operating within the last stages of its Public Beta phase, with the initial announcement originally released Christmas 2014.

As for the issue of liquidity of XAG, within the brainstorming thread, I considered for a time that I would invest personal funds into silver and offer XAG IOUs on a schedule which would be voted upon by holders of XAG.  This idea was scrapped because of my (still) limited funds, however, it is something that I would like to do in the future due to the liquidity issues.

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https://xagate.com/blog/index.php/2016/02/25/xagate-releases-usd-gateway/

Quote

 

I am happy to announce that XAGATE now provides a USD Gateway service! Americans may now make deposits and withdrawals to our new Gateway for a 5$USD flat rate fee. The minimum withdrawal limit is 20$USD and minimum deposits must be greater than 5$.

 

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8 minutes ago, JoelKatz said:

As the first recipient of ETH from Xagate, I have made a market between ETH:Xagate and XRP.

https://wallet.gatehub.net/#/trade/ETH:rGgS5Hw3PhSp3VNT43PDTXze9YfdthHUH/XRP

 

It asks for login to see the chart.

EDIT: https://www.ripplecharts.com/#/markets/ETH:rGgS5Hw3PhSp3VNT43PDTXze9YfdthHUH/XRP?interval=30m&range=1w&type=candlestick

Edited by RafOlP

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Notice btw that CoinPayments.net (which is used to make deposits at XAGate) accepts USD.SnapSwap. If you don't want to hold those, you could buy ETH.XAGate with it. And then trade it at Ripple or withdraw..

Below are the current prices for 1 ETH deposit at XAGate (via CoinPayments.net)

14bs22x.jpg

Edited by jn_r

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On 26/02/2016 at 4:39 PM, jn_r said:

ETH Withdrawal fee of 2 ETH, isn't that a bit high?

Yes, the initial fee schedule was released during a time when ETH was equal to 75 cents.  Expect an update regarding the new structure shortly, I will be updating the cryptocurrency fee schedule Monday morning using the current market rates.  In addition to addressing that issue, I am going to be editing the XAGATE web site over this week to simplify its content an improve upon the site design.  

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https://xagate.com/blog/index.php/2016/02/29/xagate-exits-public-beta/

Quote

XAGATE has now transitioned into a full Ripple Gateway offering support for all precious metals, 4 major cryptocurrencies, and two fiat currencies after a 14 months of continuous development! The XAGATE web site was updated today with a new layout in addition to reducing the ETH withdrawal fee from 2 to 0.75 ETH. In addition to this news, XAGATE has now exited its public beta phase!

Upcoming service updates will include investigating offering more fiat currencies, cryptocurrencies, an the implementation of an additional withdrawal method through XAGATE IOUs to a prepaid debit/credit card.

 

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