Hi, just want to share this. This might be useful to someone.
I was planning to transfer some XRPs from gateio to coinsph.
To my surprise, the minimum required XRP was updated to 25 XRP. In short, I couldn't cause I was only trying tranafer 14 XRP.
I'm not sure how much was the minimum before but I am sure I had transferred less than 25 XRPs before.
Then I thought long and hard. I said what about TRX? Trx is the symbol for Tron. Luckily TRX is also on coinsph. I tried it and--BOOM!!!
I can transfer even with a paltry amount. The thing with TRX is as long as you pay the required fee then regardless of amount they will transfer your desired amount.
For me, this is a big little thing. It is a game changer for me in terms of perception regarding the two blockchains. I was pro XRP before because of speed of transfer but the difference of speed between the two is inconsequential for me. The TRX arrived on my coinsph wallet in less than a minute too.
Another thing that bugs me about XRP is the requirement of memo or tag IDs. Trx doesn't need tag or memo ID. Just a wallet address and you're good to go.
The last one is during a transfer, things can happen like a price plummet or price rise. XRP is kind of volatile. This happened to me before where I bought XRP from coins going to Gateio, but when it arrived, from 1.30 it went down to 1.08. Trx is more stable I think on this front.
That's it. Just sharing this because Hive is on gateio too.
Happy weekend Hivers😺
Footnotes
Gcash - is a philippine based conenience e-wallet for general purposes
Coinsph - is a Philippine based e-wallet but more crypto-centric
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