"Bitget Boosts Berachain: EVM-Compatibility, PoL Consensus, $142M Funding"
1min read Bitget, a leading cryptocurrency exchange, has announced the listing of Berachain (BERA) on its innovation and public chain section. Deposits are now open, and withdrawals will be available starting at 22:00 on February 7th (Beijing Time).
Berachain, initially a meme inspired by bear-themed JPEGs, has evolved into a unique blockchain project. It is a Layer 1 network that is both EVM-compatible and powered by a Proof of Liquidity (PoL) consensus mechanism. This mechanism allows validators to stake tokens and provide liquidity, turning capital into a core security resource. Berachain has attracted significant financial backing, raising $142 million in its latest funding round. As of January 2, the Berachain official website reports that 234 protocols are actively participating in its bArtio Testnet. BERA is a gas token used for transactions and staking within its ecosystem.
Bitget's listing of Berachain (BERA) is a significant show of support for the project and its expansive ecosystem. This move not only underscores Bitget's commitment to pioneering blockchain projects but also connects users with a dynamic network that fuels cutting-edge initiatives. The BERA/USDT trading market officially launched in the Innovation Zone on February 6, 2025, at 13:00 (UTC), followed by the introduction of the BERA USDT perpetual futures at 13:10 (UTC), offering adjustable leverage from 1x to 50x with both cross and isolated margin modes.
To celebrate the listing of Berachain (BERA) on Bitget Spot and Futures on February 6, the exchange is launching a series of exclusive activities starting on February 5, 2025, at 05:00 (UTC). Participants will have the chance to win BERA tokens, USDT bonuses, and other exciting rewards, with opportunities available for both new and experienced users. These activities include deposit and share events, trading challenges, and referral bonuses.
