Biswap

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.

<h2>What You Need to Know About BiSwap DEX</h2>
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.&nbsp;
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.
<h2>Description of the Key Biswap Features</h2>
<h3>Low Trading Fees</h3>
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.
<h3>LP Rewards</h3>
LP reward is allocated from the trade fee, which is sent to Liquidity providers when someone swaps a specific pair on the Biswap platform.
<h3>Multi-type Referral Program</h3>
Biswap Multi-type Referral program allows users to gain extra profit by inviting new users via the referral link.
<h3>Fee Return</h3>
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.
<h2>History and progress of the BiSwap DEX</h2>
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.&nbsp;
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.
<h2>BiSwap Profitable Products</h2>
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.
<h3>Farming</h3>
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).
<h3>Launchpools</h3>
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.&nbsp;
<h3>Fixed Staking</h3>
Fixed staking product enables users to receive fixed APR with no risk of impermanent loss.
<h3>Biswap Future Plans</h3>
The new 2023 Biswap Roadmap was presented recently. Here is a summary of planned steps for the following year:
<ul>
<li>Q1: Perpetual Trading (ApolloX), New Lock &amp; Burn Instruments for BSW, Multi-Lingual Function</li>
<li>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.</li>
<li>Q3: Voting Upgrade, Biswap Liquidity Widget, UI/UX Improvements.</li>
<li>Q4: User-Oriented Tools ( Notification System, Users' Dashboard, Achievement System, Personal Account).</li>
</ul>
<h2>Security and Cautioning</h2>
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.
<h2>Key takeaways:</h2>
<ul>
<li>BiSwap offers users cheap and fast trading on the BNB chain</li>
<li>Prominent features include high LP rewards, Multi-type Referral Program, Fee returns, and high security level</li>
<li>BSW is the native token of BiSwap, used for incentives and governance</li>
<li>Users can earn BSW in farms or launchpools</li>
</ul>

Biswap	Canadian Dollar
1	CA$0.0804
2	CA$0.1608
5	CA$0.4019
10	CA$0.8038
20	CA$1.61
50	CA$4.02
100	CA$8.04
250	CA$20.09
500	CA$40.19
1,000	CA$80.38

Canadian Dollar	Biswap
1	12.44 BSW
2	24.88 BSW
5	62.21 BSW
10	124.41 BSW
20	248.82 BSW
50	622.05 BSW
100	1,244 BSW
250	3,110 BSW
500	6,221 BSW
1,000	12,441 BSW

BSW to CAD Converter

Frequently Asked Questions

How much is 1 Biswap in Canadian Dollar?

Where can I learn more about Biswap?

Where I can buy Biswap with the best exchange rate?

What factors determine Biswap price?

How did the exchange rate of Biswap (BSW) fluctuate in the past day?

What does the BSWCAD rate mean?

How to convert Biswap to cash?

Conversion Table

Conversions to Other Currencies

Other Popular Conversions to CAD

BitDAO to CAD

LinqAI to CAD

Toshi to CAD

HELLO to CAD

STRAC to CAD

Wrapped BTC to CAD