What can you do if you still have LBC?
If you still happen to have LBC (LBRY Credits) in your Odysee wallet, don’t worry; there may still be time left for you to transfer them to the centralized exchange MEXC and trade them for USDT.
Here's a step-by-step guide on how to do it:
Please Note: This guide works for all countries where MEXC provides its services, except: the United States, Canada, China, Hong Kong, Singapore, Iran, Cuba, North Korea, and Sudan. You can see the complete updated list of restricted or prohibited regions/countries here.
Step 1: Create or log in to your MEXC account
Go to the MEXC website and log in or create a new account.
Once you're logged in, click "Deposit" in the upper-right corner of the screen, then choose "On-Chain Deposit."
Step 2: Select LBC as the deposit token
In the next screen, click the "Select Crypto" search bar, type LBC, and select the correct token from the list.
The network will automatically be set to LBC, as it's the only one available for this token. Your deposit address will be shown both as text and as a QR code.
Click "Copy" to copy the address. Take note of the warning: transactions on the LBC network typically take around 4 hours to complete.
Step 3: Send LBC from your Odysee wallet
Now go to your Odysee wallet and click "Send" in the LBC section.
On the next screen, enter the amount of LBC you want to send under "Amount" and paste the MEXC deposit address you copied earlier into the "Recipient address" field. Then click "Send."
Step 4: Monitor your deposit on MEXC
Back on MEXC, you can track your deposit status by clicking "Wallets" near the top-right corner, then selecting "Funding History."
Once the LBC network processes the transaction (which usually takes about 4 hours), the status will change to "Deposit successful."
Step 5: Convert LBC to USDT
To trade your LBC for USDT (currently the only available trading pair), go to the top menu and click "Spot," then click "Spot" again in the dropdown.
By default, you’ll see the MX/USDT trading pair. To switch to LBC/USDT, go to the top left above the chart, click the arrow next to the current pair name, and type LBC into the search bar. Select LBC/USDT from the search results.
Once on the LBC/USDT page, go to the third panel on the right-hand side, click "Sell," and choose "Market" to sell at the best available market price.
In the "Amount" field, enter the number of LBC tokens you want to sell. Then click "Sell LBC." In the example below, we're selling 4,435 LBC out of 8,871 total.
Important: The minimum amount of LBC you can sell on MEXC must be equivalent to 1 USDT.
After clicking "Sell LBC," MEXC will process your order and display the confirmation message: "Ordered successfully" at the top of the screen.
Step 6: Check your USDT balance
To see how much USDT you received, go back to "Wallets" in the top-right corner and click "Spot."
On the Spot Wallet page, scroll down to the Assets List section to view your updated USDT balance. In the example below, we now have 4.98 USDT.
That’s it! You’ve successfully exchanged your LBC tokens for USDT on MEXC.