How to Buy LBRY Credits (LBC) in Anguilla

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

Step 1 – Join Coinmama

In the beginning you'll need to buy one of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. LBRY Credits (LBC) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you've selected the exact 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're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Locate {LBRY Credits (LBC)|(LBC) LBRY Credits}

Once your deposit has been affirmed, you'll now have access to your assets and you can begin purchasing and trading. To buy {LBRY Credits (LBC)|(LBC) LBRY Credits} on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

In order to spot {LBRY Credits (LBC)|(LBC) LBRY Credits}, you'll need to put the cointype (LBC) into the search box, which is marked in the graphic. Be certain of having selected the right pairing, we have marked this also. Click on “LBC/BTC” to go ahead.

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

As soon as you've spotted {LBRY Credits (LBC)|(LBC) LBRY Credits}, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're making our own Limit Order.

The field with the “Price” tag will be filled automatically with the latest price {LBRY Credits (LBC)|(LBC) LBRY Credits} was traded for. You can change this to your preferred price. The ”Amount” field is the volumen of LBC you want to buy. The ”Total” field is the whole price in Bitcoin that you'll pay for the complete volumen of LBC.

When you are satisfied, click on “Buy LBC”. Your order will be filled as soon as a Vendor trades their LBC for the price you offered.

Step 5 – Withdraw {LBRY Credits (LBC)|(LBC) LBRY Credits}

Unless you're trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an longer period of time. To take off your {LBRY Credits (LBC)|(LBC) LBRY Credits}, go to the ”Funds” tab and mouse click on “Withdraw”. {LBRY Credits (LBC)|(LBC) LBRY Credits} can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {LBRY Credits (LBC)|(LBC) LBRY Credits} by using the given drop-down box. Drop in the amount of {LBRY Credits (LBC)|(LBC) LBRY Credits} you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address.

When you're satisfied, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a take off.

Kudos! You have successfully purchased and safed LBRY Credits (LBC) in Anguilla.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on network usage). Once you've proved your take off using Etherscan.io or Ethplorer.io and the {LBRY Credits (LBC)|(LBC) LBRY Credits} is stored inside your wallet, you're finished.

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