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 Senegal with Bitget
Simple 3-step guide to buying BERA today in Senegal
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
Senegal, officially the Republic of Senegal, is located between the Tropic of Cancer and the Equator. It is bordered by Mauritania in the north, Mali to the east, Guinea to the southeast, and Guinea-Bissau to the southwest. The population of Senegal is 17,748,015, and the official currency of Senegal is the West African CFA franc. You can buy cryptos from Senegal in a few minutes using Bitget’s P2P trading and other crypto deposit methods. The official language of Senegal is French, and the Bitget website and app are available in French.
The beautiful attractions you do not want to miss when visiting Senegal are La Maison des Esclaves, the Island of Gorée, Ngor Island, and the Lompoul Desert. The country has some attractive cities where you can live and trade cryptos using the Bitget platform, such as Dakar, Touba, Thies, Kaolack, Mbour, and Saint-Louis.
Senegal has a tropical climate with a long dry season that lasts roughly from mid-October to mid-June in the north and from early November to mid-May in the south. The rainy season lasts from late June to early October in the north and from late May to late October in the south due to the African monsoon, which travels north during the summer. With savanna-like vegetation, Senegal is primarily made up of flat or rolling plains. However, the Fouta-Djallon Mountains' foothills are formed in the southeast by plateaus that are 1640 feet high. In the southwest, it's usual to see marshy marshes surrounded by tropical rainforests.