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Topic: trading NXT on RIPPLE--how to deposit and withdrawl (Read 6765 times)

hero member
Activity: 2562
Merit: 577
I know this is not possible, only btc go directly because of bitstamp
sr. member
Activity: 310
Merit: 250
In Crypto I trust.
I can't see a way but is it possible to withdraw Nxt directly from Ripple? I have a few Nxt coins in my Ripple account that I bought using Peercover.  Peercover is inaccessible for me.
hero member
Activity: 2562
Merit: 577
I'm not, i just bought nxt on a ripple address and received it from their ripple address, but now i can't connect to the website. Do you have some kind of contact info?
legendary
Activity: 2618
Merit: 1006
They asked their customers to withdraw them until the end of the month, you should have gotten a mail if you are one of their users.
hero member
Activity: 2562
Merit: 577
what will happen to the nxt they trade on ripple?
legendary
Activity: 2618
Merit: 1006
Peercover ceased their operations recently and are closing shop.
hero member
Activity: 2562
Merit: 577
It seems the website http://peercover.com/#/simpleGateway is not accessable, whatis going on?
legendary
Activity: 2618
Merit: 1006
Most problems imho come from people using the default public rippled servers - if you run your own local one, you are the only person using it... meaning it will not go under heavy load just because suddenly a bunch of people sign on and all request their trading history of the past year at once.
legendary
Activity: 2142
Merit: 1125
Why does Ripple is such a pain in the ass to use ?

Anyway thx for the tutorial.
newbie
Activity: 58
Merit: 0
Hi

I sent 10,000 Nxt on Friday:
http://87.230.14.1/nxt/nxt.cgi?action=3000&acc=4070501502480809124

No Nxt in my Ripple though, what am I missing?
member
Activity: 82
Merit: 10
WTB 10XRP for BTC or NXT.

you may leave your ripple address , I will send you the 10XRP
if you just trade for a trial, you can refer to the above.
sr. member
Activity: 317
Merit: 250
WTB 10XRP for BTC or NXT.
sr. member
Activity: 310
Merit: 250
In Crypto I trust.
I tried a NXT withdrawal.. PeerCover said it was done, never received the coins..

Is there a support thread somewhere or is this it?

I had the same problem last week. Withdrawal never showed up in Nxt blockchain.  Also I couldn't do the trade from Peercover. If I clicked 'buy' nothing happened.  I did the trade in my Ripple account.  Now in Ripple if I click Trade it just shows 'Loading Order Book ... '.  I guess something is wrong in Peercover and Ripple.
member
Activity: 82
Merit: 10
there is a support on the page of peercover's simplegateaway
sr. member
Activity: 369
Merit: 250
I tried a NXT withdrawal.. PeerCover said it was done, never received the coins..

Is there a support thread somewhere or is this it?
member
Activity: 82
Merit: 10
there are several orders under BTC/NXT and NXT/XRP this time,
do you select the "issuer" at the page of "Trade"?
if you want to trade BTC/NXT, you should select peer(its ripple address) as both BTC and NXT's issuer.
and do you have enough IOU to place an order
legendary
Activity: 1442
Merit: 1001
So, deposits have been no problem - I just can't trade. When I click on sell, I am brought to the myoffers section but no trade is placed. Any ideas? Clearly trading works for others since there are existing trades and I'm able to trade ok on the default ripple wallet.

Has anyone placed a NXT/BTC trade today on peercover?
member
Activity: 82
Merit: 10
1.3   Fund your wallet(ripple wallet need at least 20 XRP as a reserve.)
It is recommended to have 31 XRP as funding: 20 for the base reserve, 5 for a trust line for your NXT issuer (or any other gateway you want to initially use), 5 more for a trade offer and 1 more to pay for ~100k transactions. Beyond that you do not ned to deal with XRP any more, unless you want to trade a lot or choose to buy/sell them.

There are some sites out there that give you a BTC deposit address and ask for your Ripple address, then convert + send funds there (you send BTC to the deposit and receive XRP) - I haven't used them though, so no recommendation by me.

Once there is a market against XRP by the way, you can trade indirectly for a LOT of currencies on Ripple - USD, BTC, CNY, EUR, LTC are only the more liquid ones, there's even more.

thank you for your further explanation and information.
let more and more people know different ways of exchange, join them, compare them, stimulate them.
this is the process of growth
legendary
Activity: 2618
Merit: 1006
1.3   Fund your wallet(ripple wallet need at least 20 XRP as a reserve.)
It is recommended to have 31 XRP as funding: 20 for the base reserve, 5 for a trust line for your NXT issuer (or any other gateway you want to initially use), 5 more for a trade offer and 1 more to pay for ~100k transactions. Beyond that you do not ned to deal with XRP any more, unless you want to trade a lot or choose to buy/sell them.

There are some sites out there that give you a BTC deposit address and ask for your Ripple address, then convert + send funds there (you send BTC to the deposit and receive XRP) - I haven't used them though, so no recommendation by me.

Once there is a market against XRP by the way, you can trade indirectly for a LOT of currencies on Ripple - USD, BTC, CNY, EUR, LTC are only the more liquid ones, there's even more.
NWO
sr. member
Activity: 392
Merit: 250
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