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How to buy Livepeer (LPT) in Australia

Learn how to buy Livepeer (LPT) on 13+ crypto exchanges in our step-by-step guide.

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Binance Australia

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  • Trade LPT and 372 other cryptos.
  • Earn yield on your crypto holdings.
  • Earn up to US$100 in rewards by completing welcome tasks within 7 days of signup. T&Cs apply.
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Livepeer (LPT) is the 168th largest cryptocurrency by market cap, valued at US$423,383,342.

Livepeer is a highly volatile asset capable of major price swings in a single day. Today LPT is trading for $13.66 USD, which is higher than yesterday's trading price of $13.38 USD. Over the past year, Livepeer's price has seen an increase of 73%.

So before you buy Livepeer, make sure you understand these unique risks as well as its legal and tax status here in Australia.

If you're ready to get started, read on for step-by-step instructions on how you can use to buy Livepeer.

This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.

How to buy Livepeer in 5 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Livepeer is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit AUD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Livepeer
    You can now exchange your funds for Livepeer. On beginner-friendly exchanges, this is as simple as entering the AUD or LPT amount you want to purchase and clicking "buy".
  5. Secure your Livepeer
    Consider transferring your LPT to a personal crypto wallet to protect against some of the risks of keeping it on an exchange, such as hacks, scams or platform bankruptcy.

Where to buy Livepeer in Australia

Find an exchange to buy, sell and trade LPT by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

1 - 5 of 19
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer Link
Kraken
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID, Apple Pay, Google Pay, SWIFT
USD, EUR, CAD, AUD, GBP, CHF, JPY

239
cryptocurrencies

Capital at risk

View details
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EXCLUSIVE
CoinSpot
Bank transfer, BPAY, Cash, Credit card, Cryptocurrency, Debit card, PayID
AUD

410
cryptocurrencies

Get $20 in BTC when you make a deposit. T&Cs apply.

Capital at risk

View details
EXCLUSIVE
eToro Crypto
Bank transfer, Credit card, Debit card, Neteller, PayPal, Skrill, eToro Money
EUR, GBP, NZD, USD, AUD, CAD, HKD, SGD, CHF, NOK & 10+ more

83
cryptocurrencies

Get a US$50 bonus when you buy at least US$500 in crypto. T&Cs apply.

Capital at risk

View details
EXCLUSIVE
Swyftx
Bank transfer, Cryptocurrency, Debit card, Osko, PayID
AUD, USD, NZD

340
cryptocurrencies

Get $20 in BTC when you verify your account. T&Cs apply.

Capital at risk

View details
Finder Award
OFFER
Binance Australia
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID, Simplex, Banxa, Apple Pay, Google Pay
USD, AUD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH

373
cryptocurrencies

Earn up to US$100 in rewards by completing welcome tasks within 7 days of signup. T&Cs apply.

Capital at risk

View details
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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How we keep this Livepeer guide up-to-date

  • LPT price data is regularly updated through data feeds so you always have the latest information.

How do I find the best places to buy Livepeer?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Australia to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Livepeer?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Livepeer.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing LPT with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What are the best ways to buy Livepeer?

Once you've created an account, you will need to deposit funds to buy LPT with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy LPT:

  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase LPT by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for LPT on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Livepeer?

The easiest way to buy LPT is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying LPT, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Livepeer has been performing recently.

Best Livepeer wallets to store your LPT

You can keep your LPT on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your LPT below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

9,000+

Price (USD)

$149

Price (USD)

$179

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Livepeer a good investment?

Video streaming is extremely popular and accounts for a large percentage of Internet usage. However, investing in LPT and the Livepeer network still involves certain risks. Here are a few things to consider before buying LPT:
  • Tokenomics: At the time of writing, the total supply of tokens is 10 million. The Livepeer team holds 12.35% of the supply and early investors purchased a further 19%. The token is inflationary by nature, with the inflation rate adjusting automatically depending on the amount staked in the network.
  • Low cost: The computing side of traditional video streaming can be costly. Video distributors need to transcode a video before distributing it to users. The video streaming industry relies upon selling user data to earn extra revenue, which results in users being subjected to advertisements in their video streaming experience. This is something Livepeer hopes to change. Thanks to its decentralised architecture, the platform offers a cost-effective alternative to the costly, centralised infrastructure that has previously been relied upon.
  • Network economics: Network security is highly dependent on the profitable economics of nodes on the network. If network economics are not sustainable or are not able to attract enough participation, the network could be left vulnerable to an attack.

Today's Livepeer price versus ATH

Compare today's price of Livepeer ($13.66 USD) against its all-time-high price of $99.03 USD on 09 November 2021. The closer the bar is to 100%, the closer LPT is to reaching its ATH again.

Livepeer's price: $13.66 USD
ATH date: November 09, 2021
13.79%

Livepeer ATH: $99.03 USD


How to trade, convert or sell Livepeer

You can convert or sell your LPT with the same exchange you bought it through:
  1. Sign in to the exchange you have LPT on.
  2. If you store your Livepeer in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of LPT you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Livepeer.
  6. Complete your transaction and move your LPT to a wallet for storage.

How to buy other cryptos


Disclaimer: Cryptocurrencies, including Livepeer, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of LPT is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Livepeer or any other cryptocurrency discussed.

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