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 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. LBRY Credits (LBC) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual)

Make sure you've chosen the right coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Find LBRY Credits (LBC)

Once your deposit has been affirmed, you will now have access to your assets and you can commence invest and trading. To purchase LBRY Credits (LBC) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.

To discover LBRY Credits (LBC), you'll need to insert the short name of the asset (LBC) into the search box, which is highlighted in the picture. Be certain of having selected the correct pairing, we have marked this too. Click on “LBC/BTC” to proceed.

Binance Hot To Buy LBRY Credits (LBC)
Binance How to Buy (LBC) LBRY Credits
Step 4 – Acquisition of LBRY Credits (LBC)

After you have located LBRY Credits (LBC), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). For now we are making our own Limit Order.

The field with the “Price” tag will be filled with the most latest tariff LBRY Credits (LBC) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of LBC you like to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the whole amount of LBC.

If you're glad, click on “Buy LBC”. Your order will be filled when a Seller trades their LBC for the price you gave.

Step 5 – Withdraw LBRY Credits (LBC)

Unless you are frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extended period of time. In order to withdraw your LBRY Credits (LBC), go to the tab called “Funds” and mouse 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 given drop-down box. Put into the volumen of LBRY Credits (LBC) you would wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address.

When you're glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.

Binance Withdraw

Congratulations! You've successfully purchased and stored LBRY Credits (LBC).

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (LBC) LBRY Credits is stored in your wallet, you're done.

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