Accept LBRY Credits on Your Website
Let your customers pay with LBC. Get Euro payouts or convert to Bitcoin.
About LBRY Credits
LBRY (LBC), pronounced library is a fully decentralized digital marketplace. Their vision is to become a peer to peer network that continually hosts content that is valuable. In other words the blockchain version of Wikipedia, YouTube, Vimeo, Soundcloud, and DeviantArt all on one platform.
Content creators on this platform will be able to set their prices for watching a stream or a video, purchasing a book, or even a video game. The main selling point for creators is that 100% of what they sell goes right back in their pocket.
They have gone far enough to create their own internet protocol LBRY, which is equivalent to what HTTP represents right now. In their own words, they want to create a system that will be able to survive even if they go bankrupt.
Official Website: https://lbry.io
How to accept LBRY Credits payments on your website?
CoinGate makes it easy to receive customer payments in most popular cryptocurrencies, including LBRY Credits. To make it simple for merchants, all received payments are automatically settled to EUR/USD or to BTC, depending on your preference.
To integrate our payment gateway on your website, choose either:
- One of CoinGate ready-made integrations for e-commerce content management systems or web billing platforms (like WooCommerce, Magento, PrestaShop, OpenCart, WHMCS and similar)
- Developer API that can be configured for any website and different codebases (e.g. Ruby, PHP, Omnipay, Python, NodeJS...)
- Payment buttons for accepting donations or simple payments (for example, if you only sell one or several products)
To get started with accepting LBRY Credits as well as Bitcoin, Litecoin and other coins, first, sign up with CoinGate. Then, create API credentials if you are planning to use our e-commerce plugins or the API; if not, go ahead and create your first payment button.
If you wish to keep all your received payments in cryptocurrency (i.e. to receive payouts in Bitcoin), then no verification is usually needed to use CoinGate. For Euro or U.S. Dollar settlements, you will have to pass our simple merchant verification procedure by uploading your business documents and director's ID.
How it Works - Accept LBRY Credits Payments on Any Store
Payouts in Euros, U.S. Dollars or Bitcoin
You are selling a product or service in your store and set the price in a currency of your choice (for example 10€).
We calculate how much bitcoins it is worth, in real-time, by selecting the best price from several Bitcoin exchanges.
Your Customer pays with bitcoins and Altcoins.
You receive 9.90€ (10€ - 1% processing fee).