This write-up explains what is BRISE and how to buy Bitgert (BRISE) with INR (BRISE/INR) on KoinBX crypto exchange App (Android & iOS).
Bitgert is a crypto platform built on the Binance blockchain that aims to deliver solutions for worldwide blockchain-based audits and goods by utilising the Brise Chain, a fast-working blockchain. Bitgert has created its own ecosystem, which consists of several products such as Web3, NFTs, DeFi, and others that allow users to participate in buying, selling, trading, and exchanging operations.
Sandra Lou launched Bitgert as a mobile application on the Binance chain on July 6, 2021. It was first known as Bitrise, and its native token was known as BRISE. It was renamed Bitgert in December 2021. The total supply of BRISE tokens is limited to 1,000,000,000,000,000.
BRISE:
BRISE is the native coin of the Bitgert ecosystem, which functions through smart contracts. These smart contracts make BRISE interoperable with ERC-20 and BEP-20 tokens, as well as efficient for exchanges and swapping. Within the Bitgert ecosystem, the BRISE token can be used to access the following services.
- For paying gas fees to execute smart contracts.
- Used as token staking.
- Used on the Brise Chain as a peer-to-peer (P2P) payment service.
- To compensate network stakeholders
In addition to these token services, the Bitgert ecosystem has a solid operating framework in place to assure token stability. Bitgert has created a repurchase mechanism to improve the token price through increased demand for BRISE in the crypto market while improving stakeholder confidence in both the coin and the network. This aids in the development of a network capable of assisting worldwide players with various blockchain-based solutions. As a deflationary measure, 5% of transaction fees are directed to a repurchase plan. Furthermore, 3% of transaction fees are used for marketing, while the remaining 4% is used for staking incentives.
BRISE chain:
The Brise Chain is Bitgert's native blockchain, capable of processing up to 100,000 transactions per second (TPS) while charging a cheaper cost. Brise Chain was built with a dual chain architecture, which means it enables the activities of two different blockchain networks while enabling the execution of developmental and operational operations on the blockchain. The Brise blockchain platform enables investors to create Decentralised Applications, as well as trade and do other activities on the network.
Main Feature:
EVM-compatibility:
Supports all of the currently available Ethereum assets and tools, has quick processing speeds, and charges lower transaction fees.
Interoperability:
Decentralised apps built on the Brise chain may run efficiently on both the Ethereum and Brise networks, maximising scalability and giving a fast and smooth experience.
Making of BRISE token:
On the Brise chain, BRISE coins are generated by a Proof-of-Authority (PoA) mechanism. The block makers become validators in the PoA paradigm, who are pre-approved and picked by the Bitgert organisation. To become a validator, block owners must identify their true names, put funds in the token to ensure a long-term commitment, and persevere in the same manner as other applicants. This PoA mechanism is used by pre-approved validators to mine tokens by validating transactions on the Brise Chain. A reputation is associated with an identity in the PoA system. This encourages validators to uphold the transaction process in order to avoid a negative reputation on the blockchain. PoA is more durable than PoS.
Advantages:
- Lowest possible fee or almost no fee for each transaction.
- Handles around 100,000 transactions per second, which is greater than Solana's current capacity.
- All users benefit from a defined buy-back function.
- A decentralised network is used to settle cross-border transactions.
- Provides staking rewards.
- Free smart contract audits for Bitgert ecosystem projects.
Tokenomics:
Name: Bitgert
Ticker Name: BRISE
How to Buy, Sell and Trade Bitgert (BRISE) with INR on KoinBX Crypto Exchange App?
How to Buy BRISE with INR?
Follow the below steps to buy BRISE,
1.Download KoinBX Android App or KoinBX iOS App
- Signup on the App.
- Fill in the required details to create an account.
- Complete your KYC verification process.
- Add your bank account.
- Deposit Fiat to your KoinBX account.
- Click the Buy option to buy BRISE with INR.
How to Sell BRISE?
Follow the below steps to sell BRISE,
- Download KoinBX Android App or KoinBX iOS App
- Signup on the App.
- Complete your KYC verification process.
- Add BRISE to your KoinBX account.
- Click the Sell option to find a buyer for BRISE.
Once a buyer for BRISE is found, you can start selling BRISE with Indian rupees (INR).
How to Trade BRISE?
Click BRISE/INR pair to trade BRISE with INR
Start trading BRISE anywhere and anytime with a great trading experience with KoinBX Android App or KoinBX iOS App.
