Biswap is a decentralized finance platform built primarily as a DEX. The Biswap ecosystem includes a set of main products designed to enhance the overall trading experience, along with a Multi-type Referral Program and relatively low trading fees. It runs on BNB Chain and supports yield farming, staking, and additional tools for traders.

BSW serves as the native cryptocurrency for the platform. Its maximum supply is 700000000.

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

The Biswap ecosystem brings together multiple core products. The primary components include Biswap Exchange, Liquidity Pool, Farms, Launchpools, and the Multi-Reward Pool:

Biswap Exchange is an AMM (automated market maker) that supports swapping compatible tokens on BSC. Liquidity for trading is supplied by liquidity providers through Liquidity Pools. In return for supplying liquidity, LP tokens are issued to providers, and these tokens can then be staked in the Farms. Users receive BSW as farming rewards on the Biswap platform.Liquidity pools enable LPs to generate returns from their digital assets. When tokens are locked in a smart contract, users can earn a share of the trading fees produced by activity within the pool.Biswap Farms provide a range of farming options. Users can stake LP tokens and receive BSW tokens back, with opportunities described as offering a competitive high APR.Biswap Launchpool provides an alternative path to mining that uses fewer resources. Participants can stake tokens on the platform-either BSW or other supported assets-and earn rewards. The Multi-Reward Pool is another way for Biswap traders to earn. Participants can receive multiple rewards paid in different tokens, including BSW, BNB, and BUSD. To join and earn, users must stake BSW and enable it via trading volumes.

What is noteworthy about Biswap?

Biswap’s Multi-type Referral Program is distinctive to the platform. It aims to help users increase their potential rewards. Referral earnings can come from Farms, Launchpools, and Swaps. For instance, up to 20% of a friend’s swap commission may be paid out as a referral reward. Additionally, Biswap lists low trading fees, starting from 0.1% for stable pairs and 0.2% for other pairs.

What can BSW be used for?

BSW acts as the utility token within the Biswap ecosystem, so it is used across many products throughout the Biswap network. Use cases include:

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

BSW also includes a burn feature. Each week, a portion of tokens is burnt-for example, 5% of trading fees are used to buy back BSW and burn the tokens. The system also covers unregistered referral rewards, performance fees, and 50% of the Marketplace commission fee.

Where can you buy BSW?

BSW can be traded on the CEXs and DEXs mentioned here. The most widely used exchanges with the highest liquidity are Binance, Lbank, and MEXC Global. BSW’s price will change depending on the exchange you use and broader market conditions. For current and historical market price information, check the price charts on this page.