The current environment within the exchanges makes it easy to get lost. However, the Web3 revolution is well underway and the need for decentralization is more present than ever. In this context there are players like Biswap that put users at the center of their ecosystem. This decentralized exchange platform, with its remarkable ergonomics, is the ideal solution for anyone who wants to get started with cryptocurrencies. Embark with us on a journey to discover this convenient DEX based on Smart Chain BNB.
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. In fact, the exchange is now the 2ᵉ largest DEX on the BNB Smart Chain. It also boasts the lowest transaction fees of all exchanges at 0.2%. Just enough to make the competition in the industry 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 expert developers who created Biswap. They’re where the magic happens, putting their skills to work in an easy-to-use, forward-thinking solution. In this case the protocol adopted by Biswap is a AMM (Automated Market Maker) to allow users to exchange BEP-20 tokens issued on the BNB Smart Chain.
Binance has recognized its potential. For this reason, the platform counts it among its privileged partners. As a reminder, Biswap has been 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. Looking at Binance as a strategic investor, there is no doubt that security and reliability are at the core of the project.
Biswap, a DEX full of opportunities
One of the main strengths of the platform is undoubtedly its decentralized nature. Therefore, Biswap does not hold the funds of its users which is a real guarantee of trust. Also, the platform has been verified by Certificateleader in the verification of cryptographic projects.
The diversity of services offered by the platform makes it unique. It is no longer necessary for the user to browse here and there to find what he needs. Everything is available on Biswap at an affordable cost. Therefore, 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 fee. They trade directly in liquidity pools. These are funded by liquidity providers (liquidity providers or LPs).
Biswap offers its users the most profitable DeFi services. Therefore, they can deposit LP Tokens in Biswap Farms and stake them against BSW. Biswap also ensures that all available farms have an annual interest rate (APY extension) raised. Additionally, users can also point 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 BSW to sell or buy NFTs on Biswap marketespecially since it has many advantages:
- Some of the lowest fees on the BNB blockchain – 1%;
- Exclusive NFT auctions with up to 5% price difference between your bid and the next closest bid;
- The exclusive Biswap NFT collection whose purchased coins can be wagered in the NFT pool;
- Robi Boots every time they sell or buy on the Biswap NFT market.
Also, Biswap recently launched its exclusive collection – NFT Collectibles. In addition to their exclusive design, each NFT offers its owner exclusive opportunities:
- Refund up to 15%;
- Up to 1% increase in referral rewards;
- Double High APR Launchpool Bonus (coming soon).
A shower of rewards on Biswap
Users can benefit from many rewards on Biswap, whether in commissions, exchanges or referrals.
As for fees, in addition to having an attractive 0.2% trading fee, Biswap returns up to 50% of your fees to your balance in the form of BSW tokens when trading with licensed trading pairs.
As far as trading is concerned, liquidity providers are graciously rewarded with 75% of the transaction fees. Specifically, every time a user contributes liquidity, they receive LP tokens.
Biswap offers the ability 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% every time your referral trades 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 its new roadmap to celebrate the new year. Here’s a quick quarter-by-quarter overview of new features and services in the pipeline.
- Quarter 1:
- Perpetual Trade (ApolloX)
- New Lock & Burn tools for BSW
- Multilingual function
- Quarter 2:
- New MA protocol
- Route optimization
- Biswap blog
- Quarter 3:
- Grade update
- Biswap liquidity widget
- UI/UX improvements
- Quarter 4:
- User tools
- Notification system
- User dashboard
- Achievement system
- Personal account
- User tools
It is important to note that in order to be flexible and adapt to the market, a revision of the roadmap will be carried out after the second quarter, which could affect the third and fourth quarters. You can consult the complete roadmap here.
In short
Biswap has many strings to its bow. Just take a quick ride around the platform biswap to realize how easy it is to use. Therefore, its growing popularity despite the bear market is the result of an innovative approach. The user has the choice between DeFi staking and NFTs. Furthermore, 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 cryptocurrency market. Binance had a nose 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 resources, our little finger tells us we’re not done hearing about Biswap.
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As a finance professional I consider the blockchain a real revolution thanks to all its innovations that have a global impact. It is with passion that I participate in this new digital era through my articles.