No doubt one of the world’s most innovative trading platforms today is Binance.
However, if you wish to start out operating on it, the first thing you must do is to discover how to purchase LBRY Credits (LBC).
Keep on reading this article and you’ll find everything you need to know about purchasing crypto on Binance.
Opening a Binance account is the initial step you need to accomplish.
No complicated subscription: just follow the instructions below.
Proceed to the Binance homepage and click on the "Register" option.
You may access directly by pressing here.
At this point press the "Register with a phone or email" button.
This can also be done with any Apple mobile.
In this guide we’ll will describe the subscription process using an email address.
Check the inbox of the e-mail address you indicate at signing up and search the activation code exclusive of your account. Enter it in the corresponding box and press "Send"
Finally, your Binance enrollment is active.
Now you may access the Binance platform and get to know all the options it offers.
You’ll discover how simple is to begin operating with LBRY Credits (LBC).
To have access to these options, the first thing you must do is complete the ID checking.
It is very important to notice that until you fulfill this safety measure, you’ll not be allowed to start operating with LBRY Credits (LBC).
In the next instructions, you’ll learn how to do that. Zero problems.
These are the instructions to verify your Binance subscription and get the permission to start trading:
From the user profile menu, select "Security"
Another option is to move to the top of the screen and press the "Verify" button
Look for the option "Identification" on the left part of the navigator window.
Pick the Country of Residence.
Now you’ll will immediately find three verification levels:
Here you should select "Verified", clicking on the "Start now" button under that label.
Then it will display a pop-up window where you must write the following information:
Now you’ll have to to show a legal document to check your identity.
You can do this by using your passport, ID card, or license.
Follow the system guidance to take a selfie.
After you have completed the platform’s guidelines, you’ll have to wait a moment for the confirmation to be applied to your account.
Now wait patiently, Binance is going to send you an email when your profile has been accepted.
Congratulations! Now you’re officially licensed to operate with LBRY Credits (LBC). The following guidelines will be helpful.
Understanding how to invest your money in LBRY Credits (LBC) is not that hard.
At this point, the Binance platform will ask you to provide a legal document for identity verification.
You can do this with your passport, ID card, or driver’s license.
Follow the system instructions to take a selfie.
The last step is on Binance’s side: a verification process that will take only a short time.
So, wait patiently, Binance will send you an email as soon as your request has been accepted.
Congrats! As soon as you’ve got the confirmation you’re officially licensed to operate with LBRY Credits (LBC). See the guidelines that follow.
In this segment you’ll see how simple is to invest your money in LBRY Credits (LBC).
Some processes would probably have optional paths
The "Buy cryptos" menu on the Binance main page should be your reference at buying time.
Needless to say you must be logged into your account to do this
Move your mouse on this button and a list of buying alternatives will deploy.
It is time to sustain your identity with a legal document.
You can do this by using your passport, ID card, or license.
Now the platform will require you to take a selfie under certain conditions.
When you have completed the system’s requirements, you’ll have to wait a short time while your account is confirmed.
Now be patient, Binance will send you an e-mail when your application has been approved.
After that, it’s time to purchase LBRY Credits (LBC), to do so follow the guidelines below.
Understanding how to convert money into LBRY Credits (LBC) is actually quite easy.
You will probably have different alternatives throughout the process
The "Buy cryptos" menu on the Binance homepage should be your reference when making a purchase.
Needless to say you must sign in to your account to be able to do this
Hover your mouse on this button and a list of buying alternatives will be shown.
The first thing you must do to buy the LBRY Credits (LBC) of your choice using a credit card, should be to pick this method from the drop-down list labeled "Buy Cryptos".
The following directions will help you in the process:
In the next box, select the currency you want to use and enter how much you are going to invest.
Next, pick the LBRY Credits (LBC) you’re going to buy
Once you do so, the system will immediately show you the quantity of LBRY Credits (LBC) you’ll get, considering the amount of USD you have just defined.
After that, just follow these guidelines:
In the next box, pick the currency you want to buy with and enter the amount you are going to invest.
The the LBRY Credits (LBC) you wish to purchase must be selected from the second field
According the amount of USD you’ve previously specified, the system will automatically show you the quantity of LBRY Credits (LBC) you will be given.
Press "Continue".
To use your CC as a payment method, select in the "Visa/Mastercard" field the button "Add card".
Type your card details and click "Next".
The following field is intended to specify the address the credit card is associated to. Type it exactly as it is, then select "Add card".
Now that your new card has been successfully added, press "Continue".
Next, all the important details of the transaction will be summarized: the sum you’ll pay and the corresponding currency, and obviously, the cryptos you will get.
It will also show you the commission you need to pay for the purchase.
Now you have to validate the order clicking on the "Confirm" button within the next 60 seconds, or it will be automatically canceled.
The platform will now reroute you to the bank issuing the credit card. Proceed just as you usually do when making a standard on-line credit card payment.
You may take a look at your Binance digital wallet (referred to as the «Spot Wallet») when the banking process is complete to see your recently purchased LBRY Credits (LBC) already credited
The next screen will display an overview of the operation about to be completed. It includes the sum your card will be charged, the selected currency and the quantity of LBRY Credits (LBC) purchased.
Indeed, Binance will claim a small amount as a commission for making the operation, and that will be shown in that quick view also.
Now you must acknowledge the order clicking on the "Confirm" button during the next minute, or it will be automatically shut down.
The platform will now reroute you to the credit card issuing bank. Proceed exactly as you do when making a standard on-line credit card payment.
As soon as the banking process has been done, you will get your recently purchased LBRY Credits (LBC) in your Binance e-wallet (referred to as the «Spot Wallet»)
Once you have added the new payment method to your account, go to the "Buy Crypto" menu (upper bar of the navigator), pick the "Trading P2P" option, and follow the instructions below:
Cryptocurrencies will be released by the seller as soon as money reception validation has been done.
The default place where LBRY Credits (LBC) are deposited is your account wallet.
But in case you want to purchase any other LBRY Credits (LBC), you need to move them to your Spot Wallet.
To get this done, you only need to click on "Transfer to Spot Wallet" once the purchase order is completed.
This LBRY Credits (LBC) internal movement can be carried out anytime later.
When you have made a payment to the seller, they will release the LBRY Credits (LBC), by confirming payment reception.
The default place where LBRY Credits (LBC) are added to is your Binance wallet.
NB: you need to send them to your Spot Wallet in case you would want to get another crypto.
That’s easy: just press "Transfer to Spot Wallet" immediately after the purchase order is completed.
Should you forget to follow this step right after the purchase, no problem at all: you’ll always be able to do it at any moment.
Perfect! Now you have money available to buy any of the huge selection of LBRY Credits (LBC) in the Binance platform.
Discover how simple is to buy any crypto from the Binance platform:
All right! Now you have money available to trade any of the huge selection of LBRY Credits (LBC) in the Binance platform.
Purchase any crypto from the Binance platform just following the steps described below:
You’ve already learned how simple is to start trading LBRY Credits (LBC) on Binance.
So, no time to waste, make a profitable business within this crypto platform.
If you like to make money by purchasing cryptocurrencies, you would have to understand how to use the Kucoin platform. This form oftrade is getting good benefits to all its subscribers, and it is showing increasingly more progress in all its operations.
If you wish to learn very easily how to purchase a LBRY Credits (LBC) in Kucoin, you must stay in this post.
After you have registered to Kucoin and complied the safety requirements, you need to deposit your dollars. The process is pretty easy, good news is that you have several ways to accomplish that.
One of them should be to go to the «Assets» or «Balance» section at the top right from the screen and look for the «Deposit» link. And then, pick the LBRY Credits (LBC) you would like to transfer into your account to purchase new cryptos, for instance, USDT.
Following this, you should find the network you will utilize for completing the operation. We strongly suggest Tron (TRC20) because it requires the lowest commissions.
Below is the the address you need to write in the "Exchange" where you have the USDT you wish to transfer to Kucoin. When you have already done this, you’ll receive the funds in the main account in a matter of seconds.
If that is not working in the country you’re currently living, you may attempt transferring the money to your account via P2P trading. This kind of purchase implies that you actually make a traditional bank transfer to any of the listed traders to obtain any of the approved cryptos.
Now that you received the funds in your account, it’s time to start using the Kucoin website.
Purchasing a LBRY Credits (LBC) on Kucoin you must transfer the money you’ve just purchased to the trading account. To accomplish this you have to open the «Balance» menu, click the main account, enter the cryptocurrencies and after that choose "Transfer". This last button can be found on the same line than the currency you’ll use for the purchase.
If this seems not to be not working in your country, you can try moving funds to your account via P2P trading. This type of deal signifies that you make a bank transfer to any of the listed traders to get any of the genuine cryptos.
Once you obtained the money in your account, it’s the perfect time to learn how to work with the Kucoin website.
Before buying a LBRY Credits (LBC) on Kucoin you have to transfer the money you have just purchased to the trading account. To achieve this you need to click on the "Balance" menu, click on the main account, enter the cryptocurrencies after which choose "Transfer". This last option can be situated on the same line as the currency you will use to complete the purchase.
After this, you will be sent to a window to choose where you want to send the funds. You will need to take from the «Main Account» to the «Trading Account», and indicate the currency and the sum you want to send to transact. Then select «Confirm».
Now that you got the cash already credited in the account, you can buy your crypto and start trading.
Next you will see how to buy LBRY Credits (LBC) in diverse methods. To begin, you have to open up the «Trade» menu and pick "Spot trading" (Spot Market). Next write the term LBRY Credits (LBC) in the search box at the top corner of the webpage.
The platform will indicate the crypto pairs you can operate with.
In short, you will only be able to purchase LBRY Credits (LBC) just with the crypto pairs it shows you.
With this case, you can do it with «USDT», «USDC», «KCS», and «BTC».
We choose ADA/USDT since we have funds in this couple. When we do that, it quickly loads the crypto graph and the order book with the buy and sell operations.
In order to be able to make the operation, you ought to type the corresponding password.
At the bottom on the right-hand side, the markets to trade crypto can be seen, instantly enabling the «Spot». There are 3 ways to buy LBRY Credits (LBC). Those are the following:
You can also configure the order activation yet process it at the greatest market price. You do this by going to "Stop Market", and typing in «Stop Price» the amount you wish the LBRY Credits (LBC) to achieve to trigger the order and the amount of USDT to pay. By simply clicking Buy LBRY Credits (LBC), your order will be processed at the market rate when it is the just like the stop price you have previously put.
With any of these alternatives, you already have the LBRY Credits (LBC) tokens you’ve just bought in your trading account. From this moment you’re free to make transactions with it or you can get any other cryptos. Bear in mind that with LBRY Credits (LBC) you’ll only be authorized to get the cryptos available in their pairs. Generally you will have to trade your LBRY Credits (LBC) for a crypto that commonly appears in the LBRY Credits (LBC) pairs, such as BTC, USDT, and BNB, after which you could buy the particular one you really expect.
You can now start buying a LBRY Credits (LBC) at the Kucoin site.
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