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LBRY Credits (LBC) are tokens for the Library Credits blockchain project. The Library Credits project was created to solve the problem of content censorship and control. The content is distributed over the network and can’t be censored or shutdown, as there is no centralized control. The LBRY Credits coin, or token if you will, is the cryptocurrency for the project. It is suitable for Bitcoin Sports Betting.
LBRY Credits were created so that payments could be made to the project. A total of one billion tokens were created, but most are not in circulation. LBRY Credits had a nice run up to nearly a dollar in value in the summer of 2017, but the price fell shortly thereafter.
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LBRY Credits can be purchased and traded mostly on two main exchanges, Bittrex and Poloniex. They are based on the blockchain, which means transactions are recorded on a digital ledger that is available to all users. The transactions are virtually anonymous, so sending funds using LBRY Credits is safe, secure and private.
How do I buy LBRY Credits?
You can buy LBRY Credits by using one of the currency exchanges such as Bittrex or Poloniex. These exchanges allow you to use a credit or debit card or bank transfer to buy Bitcoin and then you can exchange it for LBRY Credits. You can then send LBRY Credits to your sportsbook account and you can withdraw LBRY Credits from your sportsbook account to your digital wallet.
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