LBRY is the first open-source media marketplace where the market in controlled by participants and not by a corporation or other 3rd-party. The users of the network own their data and control the network itself. You can perform LBRY exchange on our website, BestRate.org. The network covers such assets as videos, e-books, college lessons, Hollywood movies, streamers and more.
LBRY aims to give its users the high level of privacy and data protection from corruption that sometimes happens even to the users of such big platforms as Youtube and Whatsapp.
In order to exchange Bitcoin to LBRY Credits you need to set up a wallet for both of these currencies first. We recommend using the wallet named Jaxx.
Set up Jaxx wallet on your PC
1. First, you need to install the Jaxx application on your PC. You can do it by the link below:
2. If you have multiple alternative currencies select the custom wallet:
3. Select the virtual currencies you possess:
4. Select the fiat currencies you possess:
5. On the next step, Jaxx will ask you if you want to backup your wallet. Agree, as this is very important in terms of security of your digital funds.
6. Jaxx will generate a mix of 12 words that are not related with each other, which makes it really difficult to remember. Write down this word set somewhere in a paper notebook or any other item that can’t be hacked via internet.
7. Type this word mix on the next step:
8. Then Jaxx will ask you if you want to set up a security PIN. Agree and proceed to the next step. Set up your 4-digit PIN-code and verify it:
That’s it, now you have a Jaxx wallet on your PC.
How to exchange BTC to LBC
If you want to buy LBRY and pay with some other digital currency you possess, first select the currency you have and put in the amount.
Select the LBRY price rate that suits you best.
Type your LBRY wallet address.
After that copy the address generated by bestrate.org.
You will see that the transaction was created, its status will be on your screen.
How to sell LBRY
If you want to sell LBRY and buy something else, first select the digital currency you want to buy and put in the amount. Then repeat all the steps described above.
BestRate.io provides you with the best LBRY exchange rates so that you could maximize your profits.