The current context within exchanges makes it easy to get lost. However, the Web3 revolution is well under way, and the need for decentralization is more present than ever. In this context, there are players like Biswap that place users at the heart of their ecosystem. This decentralized exchange platform, with remarkable ergonomics, is the ideal solution for anyone who wants to get started in crypto. Embark with us on a journey to discover this affordable Smart Chain BNB based DEX.
Biswap takes off successfully
Created in 2021, Biswap has already made a name for itself among the big players. Some describe the platform as the new PancakeSwap. Indeed, the exchange is now the 2nd largest DEX on the BNB Smart Chain. Also, it boasts the lowest transaction fees of all exchanges at 0.2%. Enough to make the competition in the sector pale. Especially when you know that despite the bear market, the platform has more than 2,000,000 wallets.
Moreover, it is a team of experienced developers who created Biswap. They are where the magic happens, putting their skills to use in an easy-to-use, forward-looking solution. In this case, the protocol adopted by Biswap is an AMM (Automated Market Maker) to allow users to trade BEP-20 tokens issued on the BNB Smart Chain.
Binance recognized its potential. This is why the platform counts it among its privileged partners. As a reminder, Biswap was chosen by Binance as the winner of the MVBII program. As a result, Binance Labs made a strategic investment in Biswap in 2021. Biswap’s native token, BSW, is listed on Binance CEX. Counting Binance as a strategic investor, there is no doubt that security and reliability are at the heart of the project.
Biswap, a DEX full of opportunities
One of the main strengths of the platform is undoubtedly its decentralized nature. As such, Biswap does not hold the funds of its users, which is a real guarantee of trust. In addition, the platform has been audited by Certikleader in verifying crypto projects.
The diversity of services offered by the platform makes it unique. No more need for the user to navigate here and there to find what he needs. Everything is available on Biswap at an affordable cost. Thus, the features of Biswap are multiple and everyone can find what they need.
Generate passive income through staking, farming and launchpools
Users can trade tokens for a very competitive commission. They trade directly in liquidity pools. These are financed by the liquidity providers (liquidity providers, or LP).
Biswap offers its users the most profitable DeFi services. Thus, they can deposit LP tokens in Biswap Farms and stake them against BSW. Biswap also ensures that all available farms have a high annual interest rate (APY). Additionally, users can also stake their BSW in Double Launchpools. They can stake their BSW and earn two tokens in return.
Buy on the NFT Marketplace
Digital art enthusiasts can use the BSW to sell or buy NFTs on the Biswap Marketplaceespecially as it has many advantages:
- Some of the lowest commissions on the BNB blockchain – 1%;
- Exclusive NFT auctions with up to 5% price difference between their own bid and the next closest bid;
- The unique NFT Biswap collection whose purchased coins can be staked in the NFT pool;
- Robi Boots each time they sell or buy on the NFT Biswap Marketplace.
In addition, Biswap recently launched its own exclusive collection – NFT Collectables. In addition to their exclusive design, each NFT offers its owner exclusive opportunities:
- Up to 15% cashback;
- Up to 1% increase in referral rewards;
- Double Launchpool bonus with high APR (coming later).
A rain of rewards on Biswap
Users can benefit from many rewards on Biswap, whether in fees, exchanges or referrals.
As for fees, in addition to having an attractive trading fee of 0.2%, Biswap returns up to 50% of your fees to your balance in the form of BSW tokens when swapping with trading pairs. whitelisted.
As for trading, liquidity providers are graciously rewarded with 75% of transaction fees. Specifically, each time a user contributes liquidity, they receive LP tokens.
Biswap offers the possibility to invite your friends to register and participate in a referral program. You can earn money in three different ways with this ” Multi-type Referral Program » :
- Exchange: get up to 20% each time your referral swaps on Biswap Exchange;
- Farms and Launchpools: as soon as your referral withdraws his BSW tokens, you earn 5% of the Farms and 5% of the Launchpools.
Discover a video presentation of Biswap:
A new roadmap for a new year
On December 28, Biswap revealed his brand new roadmap to celebrate the new year. Here’s a quick quarter-by-quarter overview of the new features and services that are in the pipeline.
- Quarter 1:
- Perpetual Trading (ApolloX)
- New Lock & Burn instruments for the BSW
- Multilingual function
- Quarter 2:
- New MA Protocol
- Route Optimization
- Biswap-Blog
- Quarter 3:
- Update of votes
- Biswap Liquidity Widget
- UI/UX improvements
- Quarter 4:
- Tools for users
- Notification system
- User Dashboard
- Achievement System
- Personal account
- Tools for users
It is important to note that in order to be flexible and to adapt to the market, a revision of the roadmap will be carried out after the second quarter, which could influence the third and fourth quarters. You can consult the complete roadmap here.
In conclusion
Biswap has many strings to his bow. Just take a quick spin on the platform Biswap to realize how easy it is to use. Thus, its growing popularity despite the bear market is the result of an innovative approach. The user has the option to choose between DeFi and NFT staking. In addition, he can benefit from many rewards according to his preferences. This is also made possible thanks to its utility token, the BSW. It offers several earning opportunities in a still volatile crypto market. Binance had a flair for Biswap, so much so that she became its fairy godmother. No wonder Biswap was one of its featured exhibitors during Binance Blockchain Week 2022 in Paris. With all these assets, our little finger tells us that we have not finished hearing about Biswap.
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