Bitgert (BRISE) was launched on 6 July 2021 by a group of people who have kept their identities anonymous. It is a digital currency with its official token BRISE and is made to become the cheaper version of Binance. It is a cryptocurrency that is based on the BNB chain and for reward purposes, it also used the native BNB token.
It has products like Audit Solutions with Leaderboard Support, BRISE dApp Wallet, BRISE staking, BRISE Swap, and Bitgert Bridge. It is widely used for the staking process and earns profits or rewards in BUSD.
A buyback mechanism is a component of every smart contract on Brise Chain. To be more specific, Bitgert allocates 4% of staking rewards, 3% of marketing, and 5% of every transaction fee to repurchase. The team claims that the purpose of the repurchase is to maintain the value of the BRISE coin, making it a declining asset.
Each 5% transaction buyback or repurchase tax is recorded in a smart contract. If the sale has occurred, a portion of the tax paid is allotted to the automatic purchase of tokens from the liquidity pool, and those tokens are burnt right away.
Factors that helped BRISE to receive such popularity
High quantity
Brise has a maximum supply of 1 Quadrillion which made it easy for people to buy it as the quantity is that much. The circulating supply of BRISE at the moment is 395,688.22B which is only 40% of the total.
Low price
Because of its high quantity, and the demand being able to be easily fulfilled the price is really low. At the price of a Bitcoin or any other big cryptocurrency, you can buy millions of BRISE. At the moment the price of BRISE is ₹0.00004044.
Zero-cost gas fees
Bitgert blockchain is the first gasless blockchain which means it charges no money or barely $0.00000001 on every transaction and is considered one of the fastest chains in the crypto industry.
The developers are continuously working on adding more and more features for the blockchain as it is already covering growing ecosystems like DeFi, NFT, Metaverse, and Web3.0.
What can risk the growth of BRISE?
Changing Trends
Every year so many cryptocurrencies get launched and people prefer to buy the ones which one has better features or is trendier. This way trends keep changing and crypto which is popular today might endup being abandoned tomorrow so there’s a risk of happening to most of the cryptocurrencies.
Easy availability leads to limited growth
Crypto is all about demand, if crypto is too high in quantity, the demand gets fulfilled easily so that crypto has comparatively less chance of getting high values. Here in the case of this coin, the quantity is 1 Quadrillion which is quite high so that can be a thing of discussion.
How can you buy BRISE on Suncrypto in India?
Bitgert can be purchased in a variety of ways. You can get it as payment for goods and services. The most commonly used and safe method is to get it through a reliable exchange like Suncrypto Exchange.
Follow these steps to buy your Bitgert (BRISE) on the Suncrypto
- Download the Suncrypto application from the Play Store or the App store
- Complete the KYC process by filling out the requirements
- Deposit the account to buy cryptos on the platform
- Search the Bitgert coin on the application
- Select the quantity and press buy
- And you are done with the buying process
Bitgert is a popular cryptocurrency and has a good reputation in the crypto market so it can be a good investment to start but with low prices. Even though the investment is easy, a person should do their research before investing in the market.
For more crypto-related information and news you can check out the Suncrypto academy.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. All content provided is for informational purposes only, and shall not be relied upon as financial/investment advice. Opinions shared, if any, are only shared for information and education purposes. Although the best efforts have been made to ensure all information is accurate and up to date. Occasionally unintended errors or misprints may occur. We recommend you to please do your own research or consult an expert before making any investment decision. You may write to us at [email protected].
