GateHub Wallet Review – All-In-One Wallet

1
GateHub Wallet Review All-In-One Wallet

• GateHub is a payment gateway platform that allows
  you to store digital currency with instant
  payments at a good cost. Built-in 2014, GateHub
  is a UK-based cryptocurrency exchange that trades
  via Ripple network.

2
What is GateHub?

• GateHub platform serves a dual-role one as the
  payment gateway (wallet) and second as a
  cryptocurrency exchange. At best, it is a Ripple
  wallet called as Ripple GateHub.
• The platform is a Bitcoin, Ripple, Ethereum
  Classic, Ethereum, and Augur wallet. You can
  trade these digital GateHub coins against the
  USD, EUR, etc. GateHub wallet also offers you
  the crypto-to-crypto trading option.
• All passwords and private keys are encrypted and
  hashed using industry standard algorithms. Apart
  from Ripple, there is a separate gateway for
  digital coins on the platform called as GateHub
  Fifth. It gives BTC, ETC, ETH, and REP issuance
  on the Ripple network.
• It uses Two-factor authentication (2FA) for
  additional security for its users. Here identity
  verification is mandatory only for bank
  transactions. (Not for crypto transactions)

3
GateHub Wallet Benefits

• Easy to use
• Charges less trading fees (depends on the assets
  to trade on)
• A good number of Altcoin that you can trade
• Offers a mobile app that you can download on
  Android or iOS device
• The payment gateway accepts  cash
• Location is good and offers many services. (No
  specific EU requirements)
• The nice and simple user interface

4
GateHub Wallet Drawbacks

• Before using the wallet you need the minimum of
  20 XRP tokens. (Some wallets are free to use)
• Lack of margin trading
• Reports on cryptocurrency exchange have turned
  into a scam
• Customer service is not up to standard
• Security concerns as the company were previously
  hacked
• Slows transactions processing times

5
GateHub Fees

• The GateHub wallet charges 0.00053 BTC for
  Bitcoin deposits, 0.011 ETH for Ethereum deposits
  and 0.1 for deposits in fiat currency.
• International Wire Deposit attracts a min fee of
  15.00. The majority withdrawals of cryptos are
  free.

6
 Is GateHub safe?

• It claims to be totally safe, while all passwords
  and private keys are hashed and encrypted using
  industry-standard algorithms. Moreover,
  GateHub.net itself cant access them. There is a
  special gateway for digital assets apart from
  Ripple on GateHub. Its named GateHub Fifth.

7
Summary

• This online wallet provides a simple and
  convenient platform with competitive trading
  fees.