How to Buy, Sell, Swap & Store Berachain ($BERA) with NOW Wallet: A Step-by-Step Guide
Berachain is a game-changing Layer 1 blockchain designed to maximize liquidity across dApps while ensuring extreme security and efficient ecosystem performance. Unlike the existing PoS approach, Berachain offers innovative Proof of Liquidity, whereby the interests of validators, developers, and end-users are all aligned.
With the mainnet of Berachain now live, one can actively be a part of this innovative ecosystem. But how to buy, sell, swap, and store $BERA securely and efficiently? Let's break it down.
Key Takeaways
- Berachain uses Proof of Liquidity (PoL) instead of traditional staking, ensuring deep and sustainable liquidity.
- NOW Wallet is a secure, non-custodial solution for storing, swapping, buying, and selling $BERA in one app.
- Users can buy and sell $BERA easily with fiat using various payment providers like Simplex.
- Fast and decentralized swaps allow seamless $BERA exchanges without third-party control
What Makes Berachain Unique?
Berachain is built on BeaconKit, a modular framework that ensures full Ethereum Virtual Machine compatibility. This enables developers to easily integrate Ethereum-based tools and frameworks into the network while benefiting from Berachain's enhanced liquidity structure.
Key benefits of Berachain include the following:
- PoL: Whereas in PoS, in order to secure the network, validators stake tokens; in PoL, they bond liquidity. That is to make sure that deep and sustainable liquidity exists in the ecosystem.
- BGT Governance Model: Users possessing Berachain Governance Tokens can contribute to decision-making processes on the network and can guide incentives and emissions toward areas which maximize utility.
- Optimized Incentives: Berachain incentivizes the long-term provision of liquidity and the development of dApps.
- Improved Liquidity Management: Since Berachain focuses on rewarding liquidity rather than native token staking, this reduces over-reliance on token incentives, thus resulting in a more resilient and cost-effective network for dApps.
With these innovations Berachain sets a new horizon of blockchain economics, a powerful alternative for Layer 1 networks. Read more about Berachain in our previous article!
Where to Buy, Sell & Swap $BERA?
To start working with the $BERA token, one needs a trustworthy and secure venue to buy, sell, or swap tokens. That's where NOW Wallet joins the game!
Where to Store $BERA? Berachain Wallet
You've got BERA token airdrop reward and don't know what to do next? Well, first of all, you need a secure Berachain wallet. Great news: NOW Wallet supports Berachain! As a non-custodial wallet, it guarantees that you keep full control over your private keys, meaning your funds remain truly yours. Besides, NOW Wallet allows storing $BERA alongside Bitcoin, Ethereum, USDT, and more than 1,500 other assets in one place thanks to multi-currency storage.
But the best part is that NOW Wallet is not limited to storing, sending, and receiving $BERA. Within this very same app, it allows exchanging, buying and selling of $BERA for fiat. That makes it an all-in-one solution for managing your Berachain assets without needing to jump between different platforms.
How to Exchange $BERA?
Swap $BERA in NOW Wallet easily in a few steps:
Download NOW Wallet from the official website or your app store. Open NOW Wallet, search for $BERA, create Berachain wallet and go to the Exchange section.
Choose a currency to exchange $BERA to, for example, ETH.
Insert the amount.
Check the details of your transaction and confirm the swap.
Receive $BERA in minutes! NOW Wallet provides fast, decentralized swaps without control over your funds.
How to Buy $BERA in NOW Wallet?
Buying $BERA right in NOW Wallet is fast and easy:
Open the NOW Wallet and click on Buy/Sell section.
Choose $BERA, your fiat currency and specify how much BERA tokens you would like to purchase.
Choose your preferred payment option with the choice given.
Complete your purchase, and $BERA will be added to your wallet.
There's no need for complicated processes—just easily buy and store your $BERA!
How to Sell $BERA in NOW Wallet?
Open the NOW Wallet and go to Buy/Sell section.
Select $BERA and insert the amount you want to sell.
Choose a fiat currency and payment provider, such as Simplex. Select a payout method and follow the instructions of our partner.
Confirm the transaction, and fiat will be credited to your bank account or preferred payment service.
Why Choose NOW Wallet?
You may wonder—why use NOW Wallet when there are multiple other wallets with the same functions? Our answer is—NOW Wallet has customer-friendly killer features that help you optimize your crypto asset operations to their maximum potential.
- Reliable & Secure – Multi-layer encryption, biometric authentication, and secure recovery phrases keep your assets safe.
- Cross-Chain Swaps – Seamlessly swap over 1,500 assets across 70+ blockchains, including Solana, Bitcoin, and Ethereum.
- Customizable Wallet View – Sort assets, hide zero-balance wallets, and block scam wallets for a cleaner experience.
- Real-Time Alerts – Get instant push notifications for transactions and exchanges.
- 24/7 Support – Fast assistance via live chat, email, or Telegram.
Click the button below to get started with NOW Wallet!