A Step-by-Step-Guide on how to buy LBRY Credits (LBC)
Step 1 – Join CEX.io In the beginning you'll need to buy units of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and receive your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your BTC (Bitcoin) or ETH (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 obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find (LBC) LBRY Credits Once your deposit has been affirmed, you will directly have access to your assets and you can start invest and trading. To invest in (LBC) LBRY Credits on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to locate (LBC) LBRY Credits, you will need to put the cointype (LBC) into the search-box, which is marked in the graphic. Be certain of having choosen the correct grouping, we have marked this too. Click on “LBC/BTC” to continue.
Step 4 – Purchase (LBC) LBRY Credits Once you've located (LBC) LBRY Credits, you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we're making our own Limit Order. The ”Price” field will be automatically filled with the recent tariff (LBC) LBRY Credits was sold for. This can be changed to your desired rate. The ”Amount” field is the quantity of LBC you want to buy. The ”Total” field is the whole price in Bitcoin that you'll settle for the complete quantity of LBC. If you're happy, click on “Buy LBC”. Your plan will be filled when a Seller sells their LBC for the price you submitted.
Step 5 – Withdraw LBRY Credits (LBC) Unless you are trading, best advise is not to keep your crypto coins on an Crypto Trader for an extensive time frame. To take off your LBRY Credits (LBC), go to the ”Funds” tab and click on “Withdraw”. LBRY Credits (LBC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find LBRY Credits (LBC) by using the given drop-down box. Enter the quantity of LBRY Credits (LBC) you'd wish to take off. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you are happy, click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.