Gatehub Wallet Review
5 stars based on
63 reviews
Hello everyone, I thought I would share how I bought some Ripple currency last weekend, since I am a total crypto newbie and I depositing bitcoin to gatehub to honestly tell you, I struggled. As for anything having to do with money, if your not sure of what you are doing, it can be quite unnerving - so I'm just going to post the way Depositing bitcoin to gatehub did it.
First, I signed up for GateHub having had Coinbase alreadywithout doing the 2 step verification That can be done later, you do have to set up 2 step verification to make withdrawels to your bank account, via a "gateway". Now- you will want to have depositing bitcoin to gatehub coin bought, I would buy Litecoin or Etherium, not Bitcoin at this timeuntil this "fork" thing that I don't understand is over and done with. I purchased my Ripple with Bitcoin, but it was a week ago. I used Coinbase to buy Bitcoin, in this case buy Litecoin or Ether.
Unfortunately, I don't have time to show anything about Coinbase, but there is lots of help to choose from for using it. Once you have been set up on GateHub with just a password, you need to enable your Ripple wallet. Click on the "bars" in the upper right corner of GateHub "Home" page you can mess with your profile laterclick on "wallet" Now you will see this: You however, may be showing 0. You need 20 xrp in your wallet to enable the use of your wallet. This gives you your wallet address, which you will copy to your clip board.
Now, if you just want to drop a quick 20 xrp into your wallet at the drop of a hat, with absolutely no fussyou can do that with PayPal.
Now just paste in your Ripple wallet address from gatehub and make your purchase and it will be instant it was for me. Now if you go back into gatehub and look in your Ripple wallet it should say 20 xrp for a non host wallet. Now let's say you bought some coin in coinbase, and to keep it simple let's just say it was Depositing bitcoin to gatehub. For this depositing bitcoin to gatehub I used ShapeShift, and no account is required.
Scroll down a little to "deposit" click the crypto logo below it, and there is a place to start typing in Litecoin at the top and then you can click on the Litecoin logo to enter it. Now you should be back on the "deposit" depositing bitcoin to gatehub "recieve" page. Click whatever logo is just below "receive" and in the depositing bitcoin to gatehub way enter Ripple.
Now you will receive a warning saying that your transfer that you are about to do will fail if you do not have your Ripple wallet enabled. Shown here But you will have done that using Bithomp as shown above.
So click "okay" Now you should see this: Now highlight "quick" to Simply transfer the total amount in your Litecoin wallet, then select "continue" and you'll see this: You can leave the field for your "destination tag" blank which is how I did it, if you are not using GateHub you might want to put in depositing bitcoin to gatehub destination tag to be safe.
Don't bother choosing reusable address, just click "agree" and "start transaction". Now this is just a fair warning, other people using this method have said that they have waited up to 12 hours for the transaction to actually take place, but this was with depositing bitcoin to gatehub Bitcoin which has a lot of high traffic due to the number of transactions being used everyday in Bitcoin.
I did use Bitcoin when I did this and it only took about 30 minutes for the Ripple to show up in my GateHub wallet. Now in the ShapeShift screen you should be seeing, there is an address given to you to send your Litecoin to from Coinbase, You'll need to go to coinbase, and send money to that address listed from the ShapeShift screen right under where it says "send amount to this address" in little green characters. Before you do anything else make a screenshot of this window and keep it.
It contains a reference number that you may need if the transaction fails then you will have what you need to open a support ticket with ShapeShift. Also leave this window open while you are sending your money depositing bitcoin to gatehub your Coinbase wallet. After you send the money out of your coinbase wallet you will see activity on this shapeshift page, please remember I personally had to wait for about 30 minutes, the progress bar will probably sit in the middle for a long time before it completes transaction.
When the transaction is completed however long that may depositing bitcoin to gatehub, you will see this on the screen: Now you can go to your gatehub Ripple wallet and view your purchase! There you go and I hope I didn't confuse you, I apologize in advance for any detail I may have left out enjoy watching your Ripple grow! Follow me and I will follow you!!! And lets do the comments and upvotes exchange!!!
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By upvoting this notification, you can help all Steemit users. I was about to start a similair discussion. I strongly advice people to only buy in to cryptos depositing bitcoin to gatehub have a depositing bitcoin to gatehub background: A solid team, product, advisors, preferably VC investors, etc. Sell all cryptos that don't have this solid background. It's a waiste of money. I found this amazing platform: They even score the coins stengths.
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