GateHub XRP

Use GateHub to have your Coil earnings paid out in XRP or any other supported currency. Money earned from Coil Members viewing your content will be converted to XRP then delivered into your GateHub wallet in real time. You can then convert the XRP to a currency of your choosing.

You can see a list of supported currencies on GateHub's support site:

https://support.gatehub.net/hc/en-us/articles/360021426493-Supported-currencies

Sign up

  1. Go to Gatehub.net and sign up for an account.

  2. Complete GateHub's account verification process.

If you need help, check out their articles:

You can also read their GateHub guide to using Coil.

After your account is verified you can create your wallet on GateHub.

Create your wallet

GateHub will assign a payment pointer to your wallet. A payment pointer is an identifier for your wallet that's safe to share with 3rd parties.

  1. Log in to your GateHub account.

  2. Click the wallet drop-down arrow in the upper-left.

  3. Click +Add wallet.

  4. Select Hosted wallet.

  5. Enter your password.

  6. Enter a wallet name and click Create. Your wallet is now created.

  7. Click Add Funds.

  8. Select Interledger Payment pointer, then copy your payment pointer.

Refresh the page if you don't see the Interledger option. This is shown in the screen capture below.

Add your payment pointer to Coil

Coils asks for your payment pointer when you set up your creator account. To access your wallet and payment pointer details in your account:

  1. Click your profile icon and select Settings.

  2. Select Payouts.

  3. Click Change if you need to change your wallet provider or your payment pointer.

Issue an exchange order

Before you can issue an exchange order, you must claim your XRP. The minimum amount you can claim is 1 XRP. Until the minimum amount is reached, the Claim funds button is disabled. When you claim your funds, an XRP deposit is made to your wallet in the corresponding amount.

Your Coil payments are deposited into your GateHub account as XRP. GateHub allows you to convert XRP into another currency for no charge before making a withdrawal.

  1. Log in to your GateHub account.

  2. Select Exchange from the left navigation bar.

  3. If your Interledger wallet isn't selected by default, click the wallet drop-down arrow in the upper-left to select it.

  4. Select your currency exchange pair (e.g., XRP to USD) from the drop-down menus.

  5. Enter the amount to exchange in the You pay field. The You get field

    automatically displays the amount you'll receive.

  6. Click the Exchange button, then confirm the transaction. When confirmed,

    the exchange takes place immediately.

The Exchange button is grayed out if your balance isn't high enough to make the exchange. Your balance must be high enough to cover any minimum exchange amounts and fees required by GateHub.

More information can be found in GateHub's help article: https://support.gatehub.net/hc/en-us/articles/360021425773-Exchange

Find your payment pointer

  1. Log in to your GateHub account.

  2. If your Interledger wallet isn't selected by default, click the wallet drop-down arrow in the upper-left to select it.

  3. Click Add Funds.

  4. Select Interledger Payment pointer, then copy your payment pointer.