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What is Livepeer?

Livepeer (LPT) is a scalable Platform as a Service (PaaS) for developers who want to add live or on-demand video to their project. The platform is working to increase the reliability of video streaming while reducing associated costs.

  • Livepeer’s open Web 3.0 video infrastructure seeks to facilitate creation of various live streaming apps, which would otherwise require the ad-supported models of the traditional tech platforms.
  • LPT token is Livepeer’s native utility token used for protocol incentivisation, staking, governance & dual mining.
  • Dual Mining allows users who run Livepeer nodes that are backed by GPUs, to also concurrently mine other GPU-based cryptocurrencies without disrupting their transcoding.

The Livepeer team state that video streaming represents over 80% of the bandwidth used on the internet. They aim to build a peer-to-peer (p2p) infrastructure that removes the high cost barriers involved in video streaming that traditional video infrastructures present.

How do I swap Livepeer?

Enter amount to swap
Select the quantity of Livepeer you would like to swap.
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Select the coin you would like to swap with.
Confirm & swap
Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Livepeer

Why Should I Trade LPT with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over three million Australians. We make it easy to buy and sell Livepeer no matter what your trading experience is. Unlike other international and Australian Livepeer exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Livepeer with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Livepeer how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Livepeer?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Livepeer for free.

Cold Storage

If you are holding Livepeer as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Livepeer. We are trusted by over three million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Livepeer. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Livepeer has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Livepeer is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Livepeer exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Livepeer & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Livepeer safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Livepeer portfolio here.
Yes! With CoinSpot you can convert your Livepeer to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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