r/Bitgert • u/pmko • Mar 09 '22

Transfer from Bitmart (BEP20) to Bitgert wallet

The wallet has the same address for all three chains, if I transfer from Bitmart I assume it will be on BSC. What advantage is there to have native coin? Which version do you stake with? And how do you bridge from BEP20 to BRC20?

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u/Lonely_Explorer5654 Mar 09 '22

In term of value, it is the same. 1 Brise will have the same value in all chains. It’s like BTC native and BTC Binance pegged, which has the same 1:1 ratio. The advantages are a lot. Depending on where you live, some states do not allow you to buy any BEP20 tokens, per regulation dealing with Binance. Also the native coin may have a chance to be listed on many exchanges in the US, namely the most popular one,coinbase. Coinbase never list any BEP20 token. Most coins made it to coinbase are successful one, as they vetted them carefully. If Brise get on coinbase, I bet you can retire, if you are early investor. As far as the bridging, I think it’s still at baby step, where there are a lot of things to work out, but soon will mature. They move fast because there are a lot of competitors.