Quick take:
- The announcement also coincides with Berachain’s token generation event.
- Berachain is building an EVM-identical Layer 1 blockchain to compete with Ethereum and Solana.
- Bitrue will also support developers on Berachain through extensive marketing support, AMAs, and events.
Bitrue exchange platform has announced its comprehensive support for the Berachain ecosystem. The announcement comes ahead of Berachain’s awaited mainnet launch and the $BERA token listing across crypto exchange platforms.
Bitrue will list Berachain’s native token, which will begin trading at 13:00 UTC on February 6. The announcement also coincides with Berachain’s token generation event, with 15.8% of its total 500 million BERA tokens set to be airdropped to eligible users.
Berachain’s EVM-identical Layer 1 blockchain seeks to compete with Solana and Ethereum, two of the leading chains for decentralised apps. Berachain leverages a proof-of-liquidity (PoL) mechanism that it claims is superior to the proof-of-stake (PoS) used by Solana and Ethereum.
According to the announcement, Bitrue is also committed to supporting developers on Berachain through extensive marketing support, AMAs, and events, with the necessary integrations that will enable seamless listing of future Berachain-based tokens already done.
Commenting on the announcement, Adam O’Neill, Chief Marketing Officer at Bitrue said in a statement: “Investors are demanding exposure to exciting new projects as early as possible in order to lock in prices before coins go mainstream, so at Bitrue we’re proud to offer day-1 support for a highly anticipated coin like BERA to our users.”
“Our work to fully integrate Berachain into our systems additionally ensures that we’ll be able to support this ecosystem and its new tokens at the earliest possible opportunities, helping to connect developers with new supporters,” added Shruti Kohli, Head of Business Development at Bitrue.
To celebrate the onboarding of Berachain and projects built on the network, Bitrue announced two special events for its users.
The BERA token will also be listed on Power Piggy, Bitrue’s flexible investment product, offering 10% APR, starting February 6, 14:00 UTC. The crypto exchange platform is also offering rewards to users who deposit BERA on Bitrue.
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