Biswap BSWPrice $ 0.002

Biswap is a decentralized finance application that, first and foremost, operates as a DEX. The Biswap ecosystem consists of a suite of core products aimed at improving the overall trading experience and also features a Multi-type Referral Program as well as relatively low trading fees. It operates on the BNB Chain and facilitates yield farming, staking, as well as other tools for traders.

BSW is the platform’s native cryptocurrency. It has a maximum supply of 700000000.

What are Biswap’s key features and how do they work?

The Biswap ecosystem consists of several core products. The main ones are Biswap Exchange, Liquidity Pool, Farms, Launchpools, and Multi-Reward Pool:

• Biswap Exchange is an AMM (automated market maker), it allows the exchange of compatible tokens on BSC. Liquidity for the exchange is provided by liquidity providers, via Liquidity Pools. Liquidity providers are given LP tokens in exchange for providing liquidity which can be staked in the Farms on the platform. BSW is distributed as a reward to users for farming on the Biswap platform.
• Liquidity pools pave the way for LPs to earn interest on their digital assets. By locking the tokens into a smart contract, users can earn a portion of the fees that are generated from trading activity in the pool.
• Biswap Farms offer multiple farming opportunities to its users. They can stake LP tokens and earn BSW tokens in return at a competitive high APR.
• The Biswap Launchpool function offers an alternative to mining that requires fewer resources. Participants can stake tokens on the platform, either BSW or other, and earn rewards. 
• The Multi-Reward Pool is an additional earning option for Biswap traders. Users get multiple rewards in different tokens, such as BSW, BNB, and BUSD. To join the Pool and get rewards, users have to stake BSW and activate them by trading volumes.

What is noteworthy about Biswap?

Biswap’s Multi-type Referral Program is unique to the platform. The program is intended to help maximize user rewards. As such, referral rewards can be received from Farms, Launchpools, and Swaps. For example, up to 20% of friends’ swap commission is distributed as a reward for referrals. Also worth mentioning, Biswap has low exchange fees starting from 0.1% for stable pairs and 0.2% for others.

What can BSW be used for?

BSW functions as the utility token of the Biswap ecosystem, as such, it is used in many of the products offered across the Biswap network. This includes:

• Staking on Biswap Launchpools;
• Staking on Biswap Double Launchpools;
• Staking on BSW Holder Pool;
• Staking on Biswap Multi-Reward Pool
• Using BSW on third-party partner platforms;
• Participating in the Biswap Product Events;
• Earning Liquidity provider fees by providing BSW tokens to pools;
• Taking part in Biswap Farms;

BSW also has a burn mechanism in place. Each week a portion of tokens are burnt, for example, 5% of trading fees are used for buying back BSW tokens and burning them. As well as unregistered referral rewards, performance fees, and 50% of the Marketplace commission fee.

Where can you buy BSW?

BSW is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Binance, Lbank, and MEXC Global. The price of BSW will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for BSW market price, please view the price charts on this page.