Price for today
4,022 USD 0,35%
0,00013784 BTC 0,35%
Name: Livepeer
Symbol: LPT
Circulating supply: 28 575 946 $
Max supply: 0 $
Cmc rank: 183
Volume 24h: 5 575 086 $
Percent change 1h: -0,21 %
Percent change 24h: 0,35 %
Percent Change 7d: 0,82 %
LPT is the ERC-20 token of the Livepeer Network, which is a scalable platform as a service for developers who need to add videos to their projects and can do it at a significantly lower cost. To broadcast video over the network, broadcasters use Ethereum (ETH), and nodes that participate in processing and bandwidth get rewards in ETH cryptocurrency from commissions. Whereas LPT tokens are used for staking, with the help of which participants control the workflow so that it runs correctly and fairly. LPT tokens are required to complete the work of transcoding and distributing video over the network. The more tokens you have, the more work you can do in exchange for a commission.
Livepeer is quite popular crypto among merchants, ordinary users and investors who buy it for long-term gain. Correspondinglyowners can use LPT for everyday payments, exchange and holding.
As of the 08.12.2023, 1 LPT can be obtained for 4.02241544. Examine our LPT price chart to see how its value has changed recently.
Livepeer cryptocurrency can be bought on one of the many credible exchanges such as Godex. When decide on an exchange to get LPT, always consider its fame.
There are various options and methods to save LPT. To save a large amount of cryptocurrency, hardware-type wallets such as Ledger and Trezor are acceptable. If you want to use LPT for trading or paying daily expenditures, then a hot wallet (mobile or desktop) would be the good option. When decide on a wallet, consider its protective qualities and serviceability.
LPT is the ticker for Livepeer, which is one of the online currencies, the value of which is not pegged to another asset (for example, to the US dollar or oil). Given that it is virtual money, it does not have a tangible coins or notes like banknotes and is stored in particular crypto wallets.
Livepeer, like any other established cryptocurrency is a real method of payment. Livepeer can be exchanged for another crypto currency, and can also be used to pay for stuff or services. Like any other currency, it can both depreciate and increase in value.
LPT is possible to acquire with another digital currency such as BTC or ETH. In addition to, you need to think of creating a trustworthy wallet where your new LPT coins will be saved.
Some exchanges may demand you to register and go through a complicated identity verification procedure in order to acquire Livepeer. But this is not the case with Godex, where you only need to send your cryptocurrency, for which you will buy LPT to the address created by the website.
After the requisite quantity of transaction confirmations is reached, you will have your LPT coins.
