How to Buy LBRY Credits (LBC)

A Step-by-Step-Guide on how to buy LBRY Credits (LBC)

Step 1 – Join Kraken

You will first need to buy one of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and to get Bitcoin or Ethereum.

Binance Signup
Step 2 – {Transfer} Your {Ethereum (ETH) or Bitcoin (BTC)} to an {Cryptocurrency Exchange}

Your {Bitcoin or Ethereum} {will need} to be sent over to an {Cryptocurrency Exchange} now. {All exchanges have} a deposit form that is {similar}. LBRY Credits (LBC) is {available} on Binance, so {we will} use that as an {example}. {Not sure} on how to send {funds from Coinbase} to an {Exchange}? ({Follow} {this guide})

Make sure {you've} {chosen} the {precise} coin you {would like} to deposit.

{Bitcoin} must be sent to a {Bitcoin} deposit address, {ETH} to an {Ethereum} deposit address, {etc}. {In the case} {you are} {working with} a decentralized exchange, {like} Airswap or DDEX could be {divergent} ({Just follow} {our manual}).

Step 3 – {Find} LBRY Credits (LBC)

{As soon as} your deposit has been {verified}, {you'll} {immediately} have access to your {assets} and you can {begin} {buying} and trading. To {buy} LBRY Credits (LBC) on Binance, {you'll} want to {hover over} the {tab which is called “Exchange”} and{ then} {click} on “Basic”.

{In order to} {locate} LBRY Credits (LBC), {you'll} need to {insert} the {cointype} (LBC) into the {search box}, which is {highlighted} in the {graphic}. {Make sure you have} {selected} the {right} {pairing}, {we have} {marked} this {also}. Click on “LBC/BTC” to {go on}.

Binance Hot To Buy LBRY Credits (LBC)
Binance How to Buy (LBC) LBRY Credits
Step 4 – {Buying} LBRY Credits (LBC)

{As soon as} {you have} {found} LBRY Credits (LBC), {you will} be {presented with} a {Price Chart} (in the Center of the {image}) and {a few} Order Books ({on the Left} of the {picture}). {And now} {we're} {creating} our{} Limit Order.

The {”Price” field} will be {filled automatically} with the{ most} {recent} {price} LBRY Credits (LBC) was {traded} for. {You can change this} to your {favoured} {price}. The {”Amount” field} is the {quantity} of LBC you {like} to {purchase}. The {field with the “Total” tag} is the {whole} price in {BTC} that {you will} {pay} for the {complete} {amount} of LBC.

{If} {you are} {happy}, {make a mouse click} on “Buy LBC”. Your {order} will be filled {when} a {Vender} {trades} their LBC for the price you {gave}.

Step 5 – Withdraw LBRY Credits (LBC)

Unless {you are}{ regularly} trading, {best advise is not to keep your} {crypto} on an {Crypto Exchange} for an {extended} {time frame}. {In order to} {take off} your LBRY Credits (LBC), {go to} the {tab called “Funds”} and {click} on “Withdraw”. LBRY Credits (LBC) can be {safely stored} using a Wallet, {for example} MyEtherWallet. (MyEtherWallet Setup Guide)

{Find} LBRY Credits (LBC) by using the {provided} drop-down box. {Put into} the {quantity} of LBRY Credits (LBC) {you would} {wish} to {take off}. {Don't forget} the {demonstrated} {fees/minimums}. Also make sure you have {entered} your {right} withdraw address.

{If} {you're} {satisfied}, {make a mouse click on} “Submit”. You {may} be {asked} for {phone/email verification} {before} a {take off}.

Binance Withdraw

{Congrats}! {You have} successfully {bought} and {stored} LBRY Credits (LBC).

That's it!

{Withdrawals} from {Cryptocurrency Exchange} can {take} {between} 1 – 30 minutes ({rely} on {network usage}). {Once} {you've} {confirmed} your {take off} {with} {Etherscan.io or Ethplorer.io} and the (LBC) LBRY Credits is {safe} {within} your wallet, {you are} {done}.
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