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.
Simple 3-step guide to buying BERA today in Rwanda
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 ongoing challenges and promotions
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FAQ
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Rwanda is a country located in the great rift valley of Central Africa. Located a few degrees south of the Equator, Rwanda is bordered by Uganda, Tanzania, Burundi, and the Democratic Republic of the Congo. The official currency of Rwanda is the Rwandan franc (RWF), and Rwanda has a population of 13,676,660. It will only take a few minutes to buy Berachain(BERA) and other cryptocurrencies on the Bitget platform from Rwanda using P2P trading, crypto deposit, and third-party merchants like Apple pay and Google pay.
Rwanda is beautifully surrounded by friendly cities like Kigali, Kicukiro, Rutongo, and Kacyiru. The exciting part is whichever city you are in Rwanda, Bitget will be there to provide you with a transparent and smooth crypto trading experience. The official languages of Rwanda are Kinyarwanda, French, Swahili, and English, and the Bitget app and website are available in French and English.
Popularly Known as the "land of a thousand hills," located just south of the Equator, the climate is pleasantly warm all year round. The country has four primary climatic regions: eastern plains, central plateau, highlands, and regions around Lake Kivu. Rwanda has very beautiful landscapes that feature forests, swamps, hills, mountains, and an expansive savannah. You can trade using the Bitget app and website in any location you find yourself in Rwanda.
Rwanda gained independence from Belgium in 1962. Rwanda was a German colony from 1883 until 1919, when it was converted to a League of Nations Mandate Territory following Germany's defeat by Allied Forces at the end of the First World War. Belgium formally accepted to administer the mandate territory on behalf of the League of Nations in 1923. Rwanda has many beautiful attractions, such as Kigali Genocide Memorial, Inema Art Center, Nyamata Church, Kimironko Market, Volcanoes National Park, 1000 Hills, and many others.