How to Buy LBRY Credits (LBC) in Armenia

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

Step 1 – Signup to Coinmama

You will first need to buy one of the top-tier coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below to register and to get your Bitcoin or Ethereum.

Binance Signup
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has 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're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you've selected the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case 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)|(LBC) LBRY Credits}

Once your deposit has been approved, you'll directly have access to your assets and you can initiate buying and trading. To invest in {LBRY Credits (LBC)|(LBC) LBRY Credits} on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”.

To discover {LBRY Credits (LBC)|(LBC) LBRY Credits}, you'll need to insert the shortname of the coin (LBC) into the search box, which is marked in the image. Make sure you have choosen the correct grouping, we have marked this too. Click on “LBC/BTC” to progress.

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

Once you have located {LBRY Credits (LBC)|(LBC) LBRY Credits}, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we are creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date price {LBRY Credits (LBC)|(LBC) LBRY Credits} was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of LBC you like to buy. The ”Total” field is the aggregated price in BTC that you'll settle for the whole amount of LBC.

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

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

Unless you're frequently trading, never keep your 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 click on “Withdraw”. {LBRY Credits (LBC)|(LBC) LBRY Credits} can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you're satisfied, click “Submit”. You could be requested for email/phone verification ahead of a take off.

Congrats! You've successfully purchased and stored LBRY Credits (LBC) in Armenia.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've proved your withdrawal with or and the {LBRY Credits (LBC)|(LBC) LBRY Credits} is safe inside your wallet, you're done.

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