At GateHub, one of our main focuses is working on and expanding the XRPL ecosystem. The XRP Ledger is a lightning fast and super cheap network for near-instant value transfer and exchange. Recently the non-custodial mobile app XUMM has gained in popularity and created an option to build xApps.
xApps are small apps by the XRPL Labs team and curated 3rd parties. xApps are available in XUMM to access specific XRP Ledger features straight from the 'launcher' button.
At GateHub we decided to build one of the things we do best.
Introducing GateHub Trade for XUMM.
How does it work?
As you know by now, the XRP Ledger is home to the XRPL Decentralized Exchange (DEX). The DEX lets users trade and exchange XRP and other assets on the XRPL. Because it is a proper DEX, it doesn’t require any authentication or identity verification to participate. Anyone who owns an active XRP address can participate in the DEX by creating orders (or offers).
XUMM is a non-custodial XRPL wallet. Its core functionality is to manage an XRPL wallet directly on-chain and make on-chain transactions. With xApps, XUMM wants to expand the ways it can be used.
Enter GateHub Trade.
GateHub Trade lets you trade on the XRPL DEX with your XRP wallet on XUMM. If you have ever used an exchange, you will feel right at home. The xApp lets you see all the market details (prices, candlestick chart, depth chart, order book, last trades…), create a new open order and manage your open orders.
Check out our FAQ to help you get started.
How do I use the DEX on XUMM?
It’s easy. Open your XUMM app and tap the Launcher button at the bottom. This will open a menu of options. Select GateHub Trade and start trading.
Note: you need the latest version of XUMM (2.0) in order to start trading.
If the xApp doesn’t show for you, tap “Scan QR code” and scan the QR code on this link.
Trading on the XRPL DEX requires that you specify two of the following:
- Amount to buy/sell
- Amount to pay/receive
Check out our support article for more detailed info on trading with GateHub.
announcementDisclaimer GateHub Trade is an xApp embedded in XUMM. XUMM is provided by XRP Labs OÜ, a provider not affiliated with GateHub. The use of XUMM application is governed by terms of service provided by XRP Labs OÜ.