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How to Buy LBRY Credits (LBC)

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

Step 1 – Signup to CEX.io

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

Binance Signup
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. LBRY Credits (LBC) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps)

Make sure you have chosen the precise coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Find LBRY Credits (LBC)

As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can launch buying and trading. To purchase LBRY Credits (LBC) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”.

To locate LBRY Credits (LBC), you'll need to put the short name of the asset (LBC) into the search-box, which is marked in the image. Make sure you have choosen the proper grouping, we have marked this also. Click on “LBC/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} LBRY Credits (LBC)
Step 4 – Buying LBRY Credits (LBC)

As soon as you have located LBRY Credits (LBC), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). Next we are going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent price LBRY Credits (LBC) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of LBC you want to buy. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the complete amount of LBC.

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

Step 5 – Withdraw LBRY Credits (LBC)

Unless you're frequently trading, you should never keepyour crypto on an Exchange for an extended time frame. To take off your LBRY Credits (LBC), hover over the tab called “Funds” and click on “Withdraw”. LBRY Credits (LBC) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate LBRY Credits (LBC) by using the provided drop-down box. Enter the amount of LBRY Credits (LBC) you would like to take off. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address.

When you're satisfied, click on “Submit”. You may be asked for phone/email verification ahead of a take off.

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

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (depending on network usage). Once you've confirmed your take off with Ethplorer.io or Etherscan.io and the LBRY Credits (LBC) is stored inside your wallet, you're all done.

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