You will be able to access questions such as Biswap, abbreviated BSW Coin, comments and projects from this content. BSW Coin created great expectations, but recently failed to meet the expectations of its investors. As a result, as of March 21, 2022, Binance is up more than 200% after being listed in the Innovation Category and trading with the trading pairs BSW/BNB, BSW/BUSD and BSW/USDT. Where the interest of investors continues, the interest in Biswap is increasing day by day.
What is BSW Coin?
Located on the Binance Smart Chain blockchain, Biswap is a decentralized exchange platform aimed at exchanging BEP-20-based tokens. Biswap provides users with top-notch speed and promises network transaction costs. The platform also has the possibility to exchange tokens for free.
On the BiSwap platform, the biggest game changer in Transaction Fee Mining, all users can earn BSW by trading and interacting with the platform. Thus, it brings more BSW staking and farming functions to the market. However, BiSwap regularly burns a portion of the token supply to create a low level in the total token supply.
What is Biswap (BSW)?
To answer the question of what is Biswap, Biswap, the new player in the cryptocurrency industry, is the Decentralized Exchange (DEX) on Binance Smart Chain. Binance Labs has announced a strategic investment in Biswap, a popular DEX with great features on BSC. Biswap is the winner of the Most Valuable Competition initiative, a competition that rewards developers and BUILD’ers at BSC.
Talking about the Biswap project, Binance Labs CEO Nicole Zhang made positive statements. Zhang said, “Biswap is one of the most innovative and popular projects on Binance Smart Chain. This investment is in line with Binance Labs’ ongoing initiative to promote DeFi and blockchain infrastructure. Binance Labs has always been committed to supporting fast-paced, technical teams that have the potential to positively impact the crypto space, create decentralized networks, and help the BSC ecosystem grow.” used the phrases.
Founded in 2021 and with a team of 27 people, Biswap’s core products include AMM, liquidity pools, farm farming, NFT marketplace and IDO, and standard DEX services.
Biswap’s top priorities are to be listed on the world’s largest exchanges, to develop the NFT marketplace, to integrate cross-bridges, to activate limit issuance, to focus on lending/taking options, to create a personal dashboard and to create a swap reference program.
Is Biswap Trustworthy?
Investors looking for the answer to the question of whether Biswap is reliable will encounter a pretty good picture. Because Biswap has been involved in the crypto money sector, where decentralized exchanges are concentrated, with a good investment and infrastructure. On the other hand, Biswap announced a $10 million global incentive program to collaborate with other BSC projects. Partners can expect 90% fee refunds, BSW farming pairs, a launch pool, marketing promotion and safety audits, and grants for project development.
Biswap also provides an NFT system to stake NFTs in an NFT Stake pool. In order to experience NFT in Biswap, it is necessary to acquire Biswap NFT first, Biswap NFT Staking in the NFT Stake pool and then BSW, BNB, USDT and other elite tokens as token earnings can increase your income in the NFT Stake pool.