Can You Make Money On Lbry

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Creating and uploading videos is the new normal but for uploading those videos only one platform comes to your mind, that's Youtube right? Why?

No doubt youtube is the best place to upload videos but when it comes to making money youtube is not as wonderful as it used to be. So here we have lbry tv the best alternate to upload and watch videos to earn money.

There are soo many ways in which LBRY tv rewards you that even as a new creator you can start making money from day one.

What is LBRY tv?

LBRY tv was founded in 2015 and is a blockchain-based social network and video sharing platform. LBRY tv rewards you in a cryptocurrency called lbry credits for watching, sharing and uploading videos on their platform.

Have you ever heard about bitcoins? If yes then lbry credits are just the same. It's a cryptocurrency owned by LBRY tv which you can trade or withdraw to your bank account.

How to start?

LBRY tv is free to register but for the rewards, you have to verify your identity.

Enter your details and signup.
Verify your email and done! your account is created.
For rewards visit your account section and click on rewards.
You'll get multiple options to verify like through a bank account or Discord.
I'll suggest you verify with your card as it's the fastest. They'll charge you $1 but it's refundable.
Once you get verified then you can browse and earn rewards.

How to make money on LBRY tv?

Unlike youtube, LBRY tv provides many ways to earn other than ads.

Watch videos – Yes, you can earn a random reward of at least0.25 credits for watching any video once a day. Also if you can watch more videos daily you'll get a level up to earn more rewards.
Referrals – You'll earn8 credits per successful referral. Your referral has to verify for rewards.
Follow – Earn credits for following the other creators.
Upload – Every time you upload videos you're eligible for a reward. Special rewards for your first uploads.
Gain followers – You can earn rewards when someone else follows you.

Moreover, other than these ways there are multiple other ways to earn credits as a new member.

How much money you can make?

As of today 8 lbry credits is equal to $1 and making 100 lbc as a beginner is not a big task. If you're consistent and post videos daily then surely you'll have a regular income flowing in daily.

The best part is if you already own a Youtube channel then you can upload the same videos on LBRY tv and earn money.

How to withdraw the lbry credits?

It's a simple task and can be done in 4 simple steps.

Signup and verify on a crypto exchange Bittrex global or coinex.
Then transfer your lbry credits to the exchange wallet.
Now exchange your lbry credits for USD.
Withdraw the amount directly to your bank.

It's an easy process but might get difficult for you while doing it for the first time. So you can check youtube videos for better help.

What reviews say?

There are not enough reviews about LBRY tv but it has been rated average on trust pilot with a 3.4-star rating.

There are few negative reviews too as some people complain that it takes a lot of time to get approved for reward and some say it's a scam.

Whereas my personal experience is very good with LBRY. Although I don't make any videos still I'm able to earn enough rewards for watching and following the content of other creators.

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Conclusion

LBRY tv is an excellent platform to earn rewards however I'll suggest you try other websites as well for a better earning. I started to earn with lbry in September 2020 and it's going well.

If you're a content creator then this is the best alternative for youtube. Also, lbry provides you with content freedom.

Have your every tried LBRY tv? Would you like to share your experience with us? Please share your comments.