Bitgert (BRISE) is a relatively new and rapidly growing blockchain project that first launched in July 2021. The core vision behind Bitgert is to make decentralised finance (DeFi) solutions easily accessible to the masses by building a high-speed blockchain optimised for this purpose.
The developers recognized two major problems plaguing existing DeFi platforms – poor scalability that led to network congestion and high gas fees, and the lack of interoperability between different blockchain networks.
To tackle these challenges, Bitgert is constructing an entire suite of DeFi products and solutions on its own custom-built blockchain network. This allows for near instant transaction settlements of 2-3 seconds along with negligible gas fees.
The architecture uses a unique double chain approach with the Brise Chain mainnet and Ethereum sidechain running in parallel. This enables seamless interaction between the two and makes Bitgert blockchain compatible with Ethereum’s vast ecosystem.
The native utility token BRISE serves as the backbone of the Bitgert ecosystem. BRISE tokens allow holders to participate in governance decisions for the blockchain through voting rights. Recently, interest and demand has been surging for BRISE as more crypto investors recognize Bitgert’s promising potential.
If you also wish to purchase BRISE coins, here is a simple step-by-step guide:
Step 1: Install a Compatible Cryptocurrency Wallet
The first step is to setup a cryptocurrency wallet that natively supports BRISE tokens and will be used to store them securely after purchase.
Some great options for software wallets include Trust Wallet, MetaMask, Coinbase Wallet, Atomic Wallet and SafePal wallet. These wallets allow you to easily store and interact with a diverse range of cryptocurrencies and blockchain networks.
For beginners, Trust Wallet or MetaMask is recommended as they are very user-friendly and offer free mobile and desktop apps. Download the wallet of your choice on your preferred device.
During setup, you’ll be prompted to create a strong password and given a 12 or 24-word recovery phrase. Save this phrase somewhere safe as it can help you restore your wallet if needed.
Step 2: Fund Your Wallet with Crypto or Fiat
Before you can buy BRISE, you need to fund your wallet with some capital to trade with.
If you already own cryptocurrencies like BTC or ETH, you can simply transfer them to your wallet’s public address for a small network fee. Some popular exchanges where you can buy crypto include Coinbase, Kraken and Binance.
Alternatively, many wallets like MetaMask now offer built-in fiat on-ramps using payment processors like Transak. This lets you directly deposit Euros or US Dollars via bank transfer or card payment. The deposited fiat is automatically converted to stablecoins within your wallet.
Step 3: Find an Exchange Where BRISE is Listed
Since BRISE is still a relatively new asset, it has limited availability on major exchanges currently. It is primarily traded on smaller exchanges like BKEX, Gate.io, LBank, and BitMart right now.
Out of these, BKEX and BitMart provide the best liquidity and user experience for US-based investors looking to buy BRISE for the first time.
Always compare factors like fees, payment options and KYC rules across exchanges to pick one that suits your needs. Checking for user reviews can also help assess how reputable the platform is.
Step 4: Create an Account on the Selected Exchange
Visit the website for the exchange you chose and click on Register to create a new account. Provide your email address and create a strong password.
You may have to submit KYC documents like a photo ID and selfie for identity verification as exchanges are legally required to comply with Know Your Customer (KYC) norms. This process may take up to 48 hours for approval.
Enable Two Factor Authentication (2FA) for additional account security whenever available. Also take the time to read through the platform’s security guidelines on safely storing funds in your exchange wallet.
Step 5: Buy BRISE Tokens on the Exchange
Once your account is setup, navigate to the BRISE trading pairs section – BRISE is generally paired with USDT or BTC.
Input the amount of BRISE you want to purchase and preview the estimated total cost. Then place a market order to buy at current ask prices, or use a limit order to set a maximum purchase price.
Keep in mind that BRISE has low trading volume which can result in significant price slippage for large orders. Consider splitting your buy order into smaller chunks to be on the safer side.
Finally, withdraw your BRISE tokens from the exchange to the secure wallet set up in step 1. Be mindful of blockchain network fees when transferring crypto off an exchange.
And that’s it! By following these 5 straightforward steps, you can securely buy BRISE tokens and join the fast-growing Bitgert ecosystem. But be sure to do your own research before investing in any new cryptocurrency project.
- Helen is a passionate and knowledgeable writer with a keen interest in all things crypto. With a background in finance and technology, she delves into the world of cryptocurrencies, blockchain, and decentralized finance, translating complex concepts into accessible and engaging content. Helen's writing not only informs but also empowers readers to navigate the rapidly evolving landscape of digital assets. Through her work, she seeks to promote financial literacy and foster a deeper understanding of the transformative potential of blockchain technology.
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