What Is Berachain (BERA)?
Berachain is a high-performance EVM-identical Layer 1 blockchain designed to enhance liquidity and security in decentralized finance (DeFi). Unlike traditional blockchains that use Proof-of-Stake (PoS), Berachain introduces Proof-of-Liquidity (PoL), a consensus mechanism that ties network security directly to liquidity. Built using the Cosmos SDK, Berachain is fully compatible with the Ethereum Virtual Machine (EVM), allowing developers to deploy Ethereum-based smart contracts and dApps without modifications.
The network operates with a three-token model—BERA (gas token), BGT (governance token), and HONEY (stablecoin)—each playing a specific role in the ecosystem.
How Berachain Works
Berachain's Proof-of-Liquidity (PoL) model is designed to align incentives between validators, liquidity providers, and protocols. Instead of staking tokens like in Proof-of-Stake, validators must secure the network by directing liquidity to the ecosystem, ensuring deep liquidity for DeFi applications. The network rewards participants with BGT, a non-transferable governance token that can be delegated to validators to boost their rewards. Berachain is also EVM-identical, meaning it supports Ethereum smart contracts, tools, and upgrades without changes. The network’s three-token system ensures separation between transaction fees (BERA), governance (BGT), and stablecoin usage (HONEY), creating a more balanced blockchain economy.
Who Are the Founders of Berachain?
Berachain was founded by pseudonymous developers known as Papa and Smokey.
How Many Berachain (BERA) Tokens Are in Circulation?
BERA, the native token of the Berachain ecosystem, is available on various exchanges. At genesis, the total supply of BERA was 500 million, with an annual inflation rate of ~10%, governed by Berachain’s community.
How to Buy Berachain (BERA) on Bitget?
Consider investing in Berachain (BERA)? Follow these steps:
1. Create an account on Bitget .
2. Verify your identity.
3. Deposit funds.
4. Check out the available Berachain trading pairs on Bitget.
Is Berachain Token a Good Investment?
Berachain’s Proof-of-Liquidity model sets it apart from traditional blockchains, aiming to improve liquidity while securing the network. Its future depends on adoption, competition, and governance decisions. As with any crypto investment, it carries risks, so doing your own research is essential.
Buy Berachain in Bermuda with Bitget
Simple 3-step guide to buying BERA today in Bermuda
Create your free Bitget account
Select a funding method
Complete your Berachain purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Berachain using a payment method of your choice:
Buy Berachain with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Berachain order.
How to buy crypto with credit/debit cardBuy Berachain with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Berachain is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Berachain order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Berachain order.Buy Berachain with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Berachain order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Berachain in your Bitget spot wallet
Bitget—where the world trades Berachain
How to buy Berachain for free
- Learn how to earn Berachain for free through the Learn2Earn promotion
- Earn free Berachain by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Berachain airdrops by joining On-going challenges and promotions
Buy Berachain
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Buy Berachain in a different country
Bermuda is a British overseas territory located in the Atlantic Ocean, lying 1,035 km to the east-southeast of the US State North Carolina. The Bermuda archipelago consists of 180 islands, taking up 53.2 km2 in total area and is inhabited by less than 70,000 people. The territory considers English the official language and uses the Bermudian dollar (BMD) as the native currency.
The name Bermuda may remind you of an area with paranormal phenomena, but the reality is many people have reached the islands and are living there. You can visit the place for yourself and enjoy the many beautiful attractions, such as the Gibb's Hill Lighthouse, Crystal and Fantasy Caves, Bermuda Aquarium, Museum and Zoo, and Horseshoe Bay. Bermuda is covered in many species of palm trees and fruit trees accompanied by a wide variety of animals.
In Bermuda, you can use Apple Pay, Google Pay, or credit cards to purchase Berachain(BERA) with Bitget. Ships and aircrafts can be rumored to disappear in the region but your money is protected with cutting-edge security of Bitget. If you are not fond of using the above mentioned payment methods, you can choose crypto deposits or P2P trading among many other options.