GateHub supported wallet types

Your account can hold XRP Ledger wallets and GateHub hosted wallets (up to 20).

A XRP Ledger wallet (also called XRP Ledger address or XRP Ledger account) exists on the XRP Ledger network and is publicly visible. XRP Ledger wallet is not tied to your GateHub account and can be exported elsewhere.

An XRP Ledger wallet allows you to receive and send funds, as well as trade funds on the XRP Ledger network through GateHub “TRADE” or “EXCHANGE” interfaces (note that FIAT deposits/withdrawals are only available to verified GateHub accounts).

In order to gain functionality, an XRP Ledger wallet must be activated with at least 20 XRP and it must hold that amount of XRP at all times as required by the XRP Ledger protocol. This is called XRP reserve and its purpose is spam protection. You can read more about XRP reserve here.

GateHub hosted wallets are stored on GateHub private servers and are not publicly visible.

Hosted wallet allows you to receive and send funds and does not need to be funded (note that FIAT deposits are only available to verified GateHub accounts).

A trade and exchange option is currently not available in hosted wallets.

Switching between your wallets

You will occasionally need to switch between wallets in order to perform actions with a specific wallet like deposit and withdraw funds or trade your funds.

Wallets can be switched multiple ways:

In “HOME” by clicking on the name of your desired wallet.

In “WALLET”, “TRADE” and “EXCHANGE” through the drop-down menu in the top left corner.