How to exchange Livepeer

Livepeer creates a popular product that is a competitor to Youtube in the field of streaming. It will be relevant for bloggers, gamers, news portals, and digital content producers. Livepeer’s competitive advantage is scaling through decentralization, which provides high-speed operation, a lightweight version of censorship, and simplified access to advertising budgets for content developers.

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What is Livepeer (LPT)? 

Livepeer (LPT) is a decentralized video streaming network built on the Ethereum blockchain. The protocol provides cost-effective broadcast and streaming services directly at the Web 3.0 video stack layer. The Livepeer protocol defines the safe and cost-effective involvement of various participants in the streaming ecosystem. The two main areas that the protocol should address are the actual distribution of real-time video from the source to a large number of consumers in an efficient and scalable way, as well as economic incentives to encourage network participation. Livepeer has a two-level consensus system. The LPT registry and transactions are protected by the underlying Ethereum blockchain. The second level of consensus governing the newly generated token is based on Delegated Proof-of-Stake (DPoS).

Why should I exchange Livepeer?

The success of the Livepeer project can be estimated by the activity of its users and the increase in price by 20 times. For a long time, LPT quotes did not exceed $10, and the lowest price was recorded in April 2020, when the cost per one coin was $0.5. But immediately after the Grayscale invested in the project, the value of LPT reached a record $43. At the moment, LPT is trading at $25 with a market cap of $500,373,443. While the initial price was $8, this is an excellent indicator proving the profitability and popularity of the project among traders and investors.

Where to exchange Livepeer

If you want to add LPT to your crypto portfolio or sell it at a favorable price, then choose reliable and secure crypto trading platforms. LPT is a popular and liquid cryptocurrency, which can be traded on many brokers and exchangers, such as:

  • Binance – the number one crypto exchange in the world, providing a wide range of crypto assets for trading
  • 7b – a reliable crypto broker, with a user-friendly interface and a team of professionals behind it.
  • OKEx – one of the leading crypto exchanges that provides services for the sale and purchase of many altcoins.
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How to exchange Livepeer

The first LPT exchange might be a challenging task for an inexperienced trader. To make it easy and convenient – follow the below-mentioned instruction:

Step 1. Log in to your crypto exchange account

Step 2. Search LPT/BTC exchange pair

Step 3. Enter the necessary amount of LPT

Step 4. Confirm the exchange operation

Step 5. Receive LPT

How to trade Livepeer using the 7b crypto broker app? 

If you decide to use the 7b crypto broker app to buy or sell LPT, then this is the best choice to make. Since the process will not take you more than 5 minutes and can be completed in just a few clicks:

  1. Download the 7b app from Google Play.
  2. Sign up for an account and go through the verification process.
  3. Deposit funds to your account.
  4. Select the LPT and cryptocurrency for the transaction.
  5. Check the details of the trade and confirm it.

FAQ 

Is Livepeer a good investment? 

Yes, the Livepeer project is incredibly promising and profitable. Since its inception, the cost of LPT has tripled (from $8 to $25 on June 22), and the record high was $43. At the moment, it’s time to invest, as LPT can repeat the growth.

How do I invest in Livepeer? 

If you decide to invest in LPT, then you need to choose the right moment, a reliable trading broker, and a secure wallet. To buy on 7b, select the desired trading pair, enter the transaction parameters and confirm it.

How to trade Livepeer for beginners? 

Try not to use leverage more than 1: 20. But best of all is to use backtests to determine the leverage that is suitable for you. To start trading on 7b, top up your balance, select a trading pair and the desired action. Beginners should not invest more than 30% of their free funds.

What is Livepeer Blockchain? 

Livepeer is a video transcoding and distribution platform. Users will be able to create and broadcast video sessions to their viewers globally by sending their videos to the Livepeer Network, which will record the data.

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