Coin overview
BSW overview
About BSW
Whitepaper
Coin-related
Price calculator
Price history
Price prediction
Technical analysis
Coin buying guide
Crypto category
Trade-related
Buy/Sell
Deposit/Withdraw
Spot
Margin
USDT-M futures
Coin-M futures
Trading bots
Copy trading
Earn
Pre-market
Coin updates
Biswap news
Biswap flash
Events Calendar
ICO
Airdrop
Other products
BRC-20 prices
Crypto directory
Crypto encyclopedia
Crypto glossary
What is Biswap (BSW)?
Biswap basic info
What is Biswap (BSW)?
Biswap is a BEP-20 token decentralized exchange (DEX) on Binance Smart Chain (BSC). It boasts the lowest transaction fees of any BSC exchange at 0.1% and is dedicated to innovation in DeFi by offering top-notch products and services. Its referral program allows users to invite others and earn referral fees from farms, launch pools, swaps, and a lottery.
Who are the Founders of Biswap?
On its website, Biswap has listed 27 team members, all represented by comic avatars. The CEO, known as "EK," reportedly has seven years of experience in the crypto space and almost every team member has experience in their respective fields, although no specific details are given. Biswap has not disclosed any information about its investors. The platform offers a range of services, including AMM, liquidity pools, yield farming, an NFT marketplace, and an IDO launchpad, with plans to introduce limit orders, lending and borrowing, and cross-chain support. Biswap has also announced a $10 million global incentive program to support other projects on the BSC network. This program includes fee reimbursement, farming pairs with BSW, marketing promotion, and grants for security audits and project development. The platform also plans to create a personal user dashboard and a swap referral program in the future.
How does Biswap (BSW) Work?
Biswap provides a wide range of offerings, including AMM, liquidity pools, yield farming, an NFT marketplace, and an IDO launchpad. In addition to these standard DEX functions, Biswap has ambitious goals in its roadmap, such as listing on major crypto exchanges, introducing limit orders, lending and borrowing, and cross-chain support. Biswap also plans to create a personal user dashboard and a swap referral program. Recently, Biswap announced a $10 million global incentive program to collaborate with other BSC projects. This program includes a 90% fee reimbursement, farming pairs with BSW, a launch pool, marketing promotion, and grants for security audits and project development.
What makes Biswap Unique?
Biswap sets itself apart from other decentralized exchanges by offering lower transaction fees, with only a 0.1% fee compared to other BSC DEXes which charge 0.25% or higher. Biswap reserves the right to increase the fee and allocate a portion to the team, but promises to keep it below the industry average. Users can engage in transaction fee mining and earn up to 90% of the swap fee, as well as provide liquidity to pools and earn BSW farming rewards. The Biswap NFT marketplace allows users to purchase NFTs using four cryptocurrencies, and the Biswap lottery offers substantial BSW prizes. Biswap also offers its own NFTs called NFT Earn, which users can buy and stake to make a profit. Lastly, Biswap provides an IDO Launchpad for other blockchain projects to launch their token, and incentivizes participation with a $10 million incentive program.
How is the Biswap Network Secured?
On the Binance Smart Chain (BSC), BSW is a BEP-20 token. The blockchain's security is maintained by 21 validators who are elected every 24 hours using a proof-of-stake (PoS) consensus mechanism. Validators are required to stake a certain amount of Binance Coin (BNB) with Binance to be eligible for the position. Additionally, Biswap offers a bug bounty program that rewards individuals for reporting security issues, with payouts ranging from $10 to $100,000 depending on the severity of the bug.
BSW supply and tokenomics
Links
What is the development prospect and future value of BSW?
The market value of BSW currently stands at $31.81M, and its market ranking is #665. The value of BSW is not widely recognized by the market. When the bull market comes, the market value of BSW may have great growth potential.
As a new type of currency with innovative technology and unique use cases, BSW has broad market potential and significant room for development. The distinctiveness and appeal of BSW may attract the interest of specific groups, thereby driving up its market value.
Is BSW worth investing or holding? How to buy BSW from a crypto exchange?
How to get Biswap through other methods?
What is Biswap used for and how to use Biswap?
Learn about other cryptos
![What is Monsters Clan(MONS)](https://img.bitgetimg.com/multiLang/coinPriceLogo/95fa6ed2e41492b8282d4d5053ce69871710522409834.png)
![What is MilkshakeSwap(Milk)](https://img.bitgetimg.com/multiLang/coinPriceLogo/d2919395599a4f139e7259486d693f4d1710522409926.png)
![What is HitBTC Token(HIT)](https://img.bitgetimg.com/multiLang/coinPriceLogo/98dfce5130ec766e0be3e585f08cd7c41710263172130.png)
![What is PolkaWar(PWAR)](https://img.bitgetimg.com/multiLang/coinPriceLogo/14ab420259ad2f78806165399b9821a71710349500620.png)
![What is Instadapp(INST)](https://img.bitgetimg.com/multiLang/coinPriceLogo/c5007fefab792d7db1caf73d0cce12a11710263172175.png)
![What is Liti Capital(WLITI)](https://img.bitgetimg.com/multiLang/coinPriceLogo/255c5813c4a8aaf535f2096d0a6280de1710349500737.png)
![What is BaconDAO(BACON)](https://img.bitgetimg.com/multiLang/coinPriceLogo/e5adb52e5a9789fab7322e7668790ff91710263173255.png)
![What is Corgiswap(CORIS)](https://img.bitgetimg.com/multiLang/coinPriceLogo/64086e03f45a0f320f617709be80af0f1684399652674.1832.png)
![What is NEXTYPE(NT)](https://img.bitgetimg.com/multiLang/coinPriceLogo/17d5a86291890bd3c787b1bf6379fca01710349500857.png)
![What is Witch Token(WITCH)](https://img.bitgetimg.com/multiLang/coinPriceLogo/e7b31216c7ebb94ac7332cc2ed03c53c1710435930659.png)
![What is Flourishing AI(AI)](https://img.bitgetimg.com/multiLang/coinPriceLogo/6802e106d0425cdda0d88c2c2c9f3e821710867878776.png)
![What is MContent(MCONTENT)](https://img.bitgetimg.com/multiLang/coinPriceLogo/187ab7d58fec4d5f3d1a3e2552175bd61710435931417.png)