Sologenic - The Largest XRPL Token

How To Exchange XRP For Gatehub USD with Xaman (XUMM) Wallet

This tutorial will teach you how to use the xrpledger and exchange XRP for a USD stable coin right on the xrpl.


Step 1
Ensure you’ve set the Gatehub USD trustline.

Step 2
Select the Gatehub USD asset in your wallet portfolio, then press exchange.

Step 3
Input the amount of XRP you wish to trade for Gatehub USD. Select exchange. Once you’ve read and understood the message regarding potential slippage, proceed to confirm the transaction.

Warning about spreads

When you trade stablecoins on the XRPL you must ALWAYS make sure that there is enough liquidity available.

Spreads and slippages can otherwise make you get a bad exchangerate.

Trustline Info

Issuer (Gatehub):

Currency Code:

As much as you are willing to hold.

Warning about trustlines

A warning about trustlines:

Since anybody can create a token on the xrpledger, there exist a lot of false currencies out there. And obviously, if you trade a false currency, you will lose your funds.

For that reason, it is always important to Not trust any website (not even this website) when adding a currency.

Always verify the trustline manually, there are multiple ways to verify a trustline, and we will have a tutorial showing how in the future.

Learn about Spreads & Slippages
Sologenic Medium Page
Sologenic Whitepaper