Biswap

Biswap BSW

BNB Chain:0x965F...0dD1
$0.2167
(24h: +2.18%)
$96M
Market Cap
147K
Holders
Embed Widgets

Quick Info

Decentralized Exchange on the BNB Chain with an automated market maker (AMM). It enables users to earn and trade BEP-20 tokens, provide liquidity, and stake funds in Farms or Launchpools.

Verified Links

Key Metrics

Price
$0.2167
Min / Max
$
$
Volume (24h)
$1,099,445(-42.54%)
Market Cap
$96,400,039
Fully Diluted Market Cap
$105,095,439
Circulating Supply
444,774,824 BSW
Total Supply
484,894,046 BSW
Trading Start
2 years ago

Liquidity

Verified Liquidity
$9,201,937
% of Market Cap
9.55%
Number of Liquidity Pools
-

Safety Check

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Holders

Holders Trend

437M BSW90.00%
Top 10 Addresses holdings
473M BSW97.45%
Top 100 Addresses holdings

Large Holders

Community

Twitter Followers

@biswap_dex

Telegram Members

Telegram Members

Website Traffic

About Biswap

FAQs

What is the price of Biswap today?

One Biswap coin can currently be purchased for approximately $0.2167.

What is Biswap smart contract address?

Biswap official smart contract address is 0x965F527D9159dCe6288a2219DB51fc6Eef120dD1.

What is Biswap official website?

The official website of Biswap is biswap.org.

What is the Biswap Market Cap today?

Biswap Market Cap is $96,400,039 today.

What's the last 24h Biswap trading volume?

Trading volume of Biswap in the last 24h was $1,099,445, which is approximately 1.10% of its current market cap. That means Biswap has had relatively low trading activity in the past day.

How much money is in Biswap Liquidity Pool?

There is $9,201,937 in - Biswap liquidity pools. That's approximately 9.55% of Biswap current Market Cap.

How many people are holding Biswap?

There are 147,480 holders of Biswap, which includes 18 large holders (wallets with more than 460M BSW)

How many followers does Biswap have on Twitter?

325,799 people are following the Biswap Twitter account @biswap_dex, which is 0.38% less than 30 days ago.

How many members does the Biswap Telegram channel have?

Biswap has 54,803 members on the @biswap Telegram channel, which is 4.49% less than 30 days ago.

Biswap has 41,511 members on the @biswap_news Telegram channel, which is 3.69% less than 30 days ago.

What You Need to Know About BiSwap DEX

Biswap is a Decentralized Exchange (DEX) on the BNB Chain with an Automated Market Maker (AMM). It enables users to earn and trade BEP-20 tokens, provide liquidity, and stake funds in farms or launchpools.

BSW is a BEP-20 token, native to Biswap, which was launched on the Binance Smart Chain network. It can be earned and traded on the platform, as well as used for staking in Farms or Launchpools. The maximum supply of BSW tokens is 700,000,000. The Biswap team conducts a token burn every quarter to increase and steady the value of BSW, and as of now, 42,114,754 BSW tokens have been burned. 

BSW can also be traded on various centralized exchanges and integrated into various platforms. Users can earn BSW as a reward from Farms, Launchpools, and Multi-Reward Pools and gain as a bonus via Multi-type Referral Program on Biswap.

Description of the Key Biswap Features

Low Trading Fees

Biswap DEX has low trading fees, starting from 0.1% per swap. There are two sizes of fee: 0.1% for stablecoin pairs and 0.2% for other trade pairs.

LP Rewards

LP reward is allocated from the trade fee, which is sent to Liquidity providers when someone swaps a specific pair on the Biswap platform.

Multi-type Referral Program

Biswap Multi-type Referral program allows users to gain extra profit by inviting new users via the referral link.

Fee Return

When a user swaps a particular trading pair of tokens, 50% of the trading fee spent on this pair is returned to the user immediately as a Fee Reward.

History and progress of the BiSwap DEX

BiSwap was launched on May 24, 2021. Binance Labs made a strategic investment in Biswap DEX. The BiSwap platform has reached a Total Value Locked (TVL) of $50,000,000. The native token of the platform, BSW, can be traded on several centralized exchanges including Binance, KuCoin, Gate.io, Bybit, LBank, Tokocrypto, and MEXC Global. 

The company was also an exhibitor at the Binance Blockchain Week event in Paris. New features such as an Expert Mode and the ability to buy crypto with fiat have been introduced, as well as the release of Fixed Staking. The referral program has also been expanded to include three different directions. Additionally, a Multi-Reward Pool has been launched.

BiSwap Profitable Products

The Biswap platform offers a range of features and tools to its users. BiSwap Exchange is one of the products offered, which is built on an automated market maker (AMM) mechanism.

This allows for token swapping on the Binance Smart Chain network, with trade fees and potential returns varying. Liquidity for the exchange is supplied by users who stake their assets in Liquidity Pools.

Farming

Biswap Farms are a feature that allows liquidity providers to earn BSW tokens passively. Users can stake LP tokens in a farm to receive BSW tokens in return with potentially high annual percentage yields (APYs). Biswap team may take action to ensure that the returns from Farms remain attractive for users and that the APYs are competitive among other reputable decentralized exchanges (DEXs).

Launchpools

Biswap Launchpool is a simplified alternative to mining. Users earn more tokens by locking their assets for a certain period of time. Biswap offers Launchpools with BSW rewards and Double Launchpools with two tokens in return. 

Fixed Staking

Fixed staking product enables users to receive fixed APR with no risk of impermanent loss.

Biswap Future Plans

The new 2023 Biswap Roadmap was presented recently. Here is a summary of planned steps for the following year:

  • Q1: Perpetual Trading (ApolloX), New Lock & Burn Instruments for BSW, Multi-Lingual Function
  • Q2: New AMM Protocol, Routes Optimization, Biswap Blog. After Q2, the Biswap team will review a Roadmap. The plan for Q3-Q4 may be adjusted accordingly to market conditions and the community's request.
  • Q3: Voting Upgrade, Biswap Liquidity Widget, UI/UX Improvements.
  • Q4: User-Oriented Tools ( Notification System, Users' Dashboard, Achievement System, Personal Account).

Security and Cautioning

BiSwap has its platform and smart contracts audited by multiple sources, including the blockchain security company CertiK. However, bear in mind that BiSwap may still be more susceptible to hacks or other security breaches. Additionally, the platform is based on the Binance Smart Chain, which is still a relatively new blockchain and may not have the same level of security and stability as more established networks.

BiSwap, being comparatively smaller than PancakeSwap (The highest TVL on the BNB chain), may not have the same level of liquidity. This could lead to wider spreads and less favorable prices for users.

Additionally, BiSwap is a platform oriented on yield farming, which means that it is exposed to the volatility and liquidity risks of the market, such as impermanent loss. The APYs of the farms can change rapidly and the value of the tokens may be affected by market conditions. It is important to do your own research and understand the risks before investing in any yield farming opportunity.

Some alternatives to BiSwap on the BNB chain include PancakeSwap, ApeSwap, Nomiswap, BabySwap, or MDEX.

Key takeaways:

  • BiSwap offers users cheap and fast trading on the BNB chain
  • Prominent features include high LP rewards, Multi-type Referral Program, Fee returns, and high security level
  • BSW is the native token of BiSwap, used for incentives and governance
  • Users can earn BSW in farms or launchpools

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