How to Buy Livepeer (LPT)
If you wish to participate in a decentralized video platform network, you can buy LPT, Livepeer’s native cryptocurrency, and earn a portion of the fees as a reward for ensuring a high-quality and secure network.
If so, you might want to consider using Livepeer, a peer-to-peer decentralized video streaming platform built on the Ethereum blockchain. Developers can also use Livepeer to integrate live or on-demand videos into their applications.
Ready to dive in?
If you just want to start buying LPT right away, you can click the button below to begin.
Why buy LPT token?
By purchasing Livepeer token (LPT) users can stake their LPT to provide video transcoding services and earn more LPT for providing good transcoding.
You may want to consider buying LPT if you want to:
- You are looking to earn fees as a reward for ensuring network security of a video streaming platform
- Your looking for a cost-effective solution for offering high-quality video streams to your users
- Transcode and distribute videos on Livepeer network
- Stake and delegate your LPT to those with more computing resources
- Support video streaming applications on the Ethereum blockchain
Where can I buy Livepeer LPT?
There are a number of ways to buy LPT. However, many find that it is easiest to purchase it through a trusted global exchange like Kraken.
Aside from offering the lowest fees in the industry, Kraken is constantly rated one of the most secure and trusted crypto exchanges in the world.
At Kraken, we take security seriously, with tested technology and rigorous procedures designed to safeguard your funds. This matters because if you lose the private key to your LPT wallet, it can be challenging if not impossible to recover your funds.
How much LPT can I buy?
At Kraken, we offer a minimum order size of 0.2 LPT to help you diversify your portfolio and gain exposure to many different crypto assets.
Of course, you can also execute larger LPT buy orders as well, and it wouldn’t be out of the ordinary for traders to purchase or trade 11,000 LPT or more on Kraken.
How to buy Livepeer LPT
Follow the steps below to start buying LPT on Kraken:
Sign up for a Kraken account.
Enter an email address, username and a strong password to protect your account.
Verify your account.
After providing your name, date of birth, country of residence and phone number, you can deposit crypto to purchase SUSHI and other cryptocurrencies like UNI and OCEAN. To use cash (i.e. USD, EUR or CHF), you’ll need to provide additional materials to our team verifying your identity. Read about our verification processes here.
Add funds or a payment method to your account.
Based on your location and preferences, you can use one of the multiple funding and payment methods we support.
Once your account is funded with cash, you’re ready to buy LPT. You’ll also get access to our advanced charting tools, 24-hour global client support and futures trading*. All of these features are why millions of global traders love Kraken.
Note: Trading LPT is not available to residents of the USA, Canada, Australia and Japan at this time.
*Trading futures, derivatives and other instruments using leverage involves an element of risk and may not be suitable for everyone. Read Kraken’s risk disclosure to learn more.
Instantly buy LPT with a credit card on the Kraken app
The official Kraken app is perfect for crypto beginners or experienced traders looking to conveniently buy or sell Livepeer while on the go. Instantly purchase LPT coins with a credit card, debit card or bank account. You can also track your favorite crypto projects or browse the most popular or top performers each day with the Kraken app.
Bank account only available to US residents. Credit card purchases available in select countries here.
Where to store your LPT
You will need somewhere to safely store your LPT coins once you purchase them.
While Kraken is secure, it’s always safest to keep your LPT in your own, private wallet, a software or hardware device that stores the public and private keys required to make crypto transactions.
When choosing a crypto wallet for your LPT coin, first spend some time thinking about what you plan to do with your tokens to find a wallet that fits your needs. Mobile and web wallets can make transactions easy, while hardware wallets are perhaps best suited for secure, long-term storage.
Livepeer is also a platform built on top of Ethereum, meaning LPT coins can be stored in any Ethereum wallet.
Kraken is not a wallet service
It is important to note that Kraken is an exchange and not a wallet service. While we allow our clients to hold Livepeer in their accounts, we highly encourage you to separate your LPT holdings into multiple wallets where you control the private keys.
24/7/365 Customer Support
Trading on Kraken is easy and intuitive. If you have any questions about buying Livepeer, let us know. Our support staff is online all day, every day, ready to help.
You can reach us anytime on LiveChat or by email.
Start buying LPT
Ready to lend computing resources to Livepeer’s decentralized video streaming platform? Click the button below to buy LPT on Kraken today!