Hey Delta Squad!
If you can't tell by our recent listing spree already, we’re on a global mission to expand our growing spot market portfolio. From metaverse to gaming to defi to security and more, we’re always on the lookout for the next altcoin gem to be listed on our exchange.
So, to add to our spot collection we are thrilled to announce the listing of a game-changing token on our spot exchange: Livepeer Token (LPT)
Listed as a USDT pair, the token is available now for all BitDelta users with the trading ticker LPT/USDT.
What is Livepeer & the LPT Token?
Livepeer, founded in 2017, is a revolutionary "Platform as a Service" blockchain that aims to disrupt the traditional video streaming landscape dominated by tech infrastructure giants like Amazon and Google.
The platform empowers creators and users by making video streaming accessible for all and providing a decentralised, inclusive ecosystem for all.
At the core of Livepeer lies the $LPT token. This native token fuels the network, ensuring smooth operations, security, and fairness for all participants. By utilising the open-source on Livepeer protocol, which is the code the platform is built on.
Users can then contribute their computing resources to distribute video content and maintain network integrity. As a reward for their valuable contributions, participants are granted newly minted $LPT tokens.
Additionally, the core utilities of LPT include:
- Coordinate, bootstrap and incentivise participants
- Required to perform transcoding (converting coding language) and distribution of the video
- Used to secure the Livepeer network through staking
The token is built on the Ethereum blockchain with a current total supply of 30,865,873 LPT and a market cap of $239,596,575 at the time of writing according to coinmarketcap.
More Resources
Stay up to date with LPT via:
How to Trade LPT
Getting involved in the Livepeer ecosystem on BitDelta is simple:
- Sign in to your BitDelta account or create a new one in a few easy steps.
- Visit our Spot Exchange and search for the LPT/USDT trading pair.
- Explore the live order book, analyze market trends, and seize the perfect moment to trade LPT.
Risk Warning
BitDelta shall not be responsible for any loss arising from any investment based on any recommendation, forecast, or other information. Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing.
