What is Biswap? Exploring the DEX Platform

9 Feb 2024

Decentralized finance (DeFi) has seen Biswap emerge as a pioneering decentralized exchange (DEX) platform on the Binance Smart Chain. It has garnered attention recently due to its unique features and commitment to user benefits. This article aims to comprehensively analyze what Biswap is, including its key features and benefits, and how it distinguishes itself in the competitive DeFi market.

What is Biswap?

Biswap is a decentralized exchange platform operating on the Binance Smart Chain (BSC), providing users with an easy and secure environment to swap and trade BEP-20 tokens.
With its cutting-edge technology and user-friendly interface, Biswap offers a robust alternative to traditional centralized exchanges. One of its standout features is its three-type referral program, which rewards users for inviting friends and participating in the platform’s ecosystem.

The vision 

Biswap aims to establish itself as the industry standard for DEX platforms. It offers a diverse range of services and features that cater to the needs of its users. The platform’s vision is to provide a comprehensive solution for all token-swapping requirements on the BSC network. Furthermore, it strives to cultivate a lively and inclusive community of cryptocurrency enthusiasts.

The benefits of using Biswap

Biswap advantages – Image via Biswap Blog

By choosing Biswap as your preferred DEX platform, you can enjoy many benefits that set it apart from its competitors. These benefits include:

Low transaction fees

It offers a minimal 0.1% fee per swap, the lowest in the market, providing cost-effective trading and maximizing user returns.

Liquidity mining

It provides liquidity mining services for users to earn tokens by contributing to the platform’s liquidity, which creates a vibrant trading environment.

Yield farming

Users can earn lucrative returns by deploying their assets in Biswap’s yield farming pools, offering an opportunity for passive income generation and fostering community engagement.

NFT marketplace

Biswap’s NFT marketplace allows users to buy, sell, and trade non-fungible tokens (NFTs) on the BSC network. With low fees and a wide selection of unique NFTs, Biswap provides a platform for artists and collectors to showcase and monetize their digital creations.

Referral program

As mentioned earlier, Biswap offers a three-tiered referral program that incentivizes the growth of its community and rewards users for their contributions. Users can earn commissions from Biswap farms, launch pools, exchanges, and even a lottery by inviting friends.

Key features of Biswap

Intricacies of Biswap – Image via Freepik

Biswap DEX: A seamless trading experience

The Biswap DEX serves as the heart of the platform, providing users with a seamless and intuitive interface to swap BEP-20 tokens. Unlike traditional centralized exchanges (CEXs), Biswap operates on a decentralized model, allowing users to retain complete control and custody of their funds. The DEX leverages automated market maker (AMM) technology to facilitate token swaps, ensuring efficient and secure transactions.

Transaction fee mining: Rewarding user activity

Biswap stands out from other exchange platforms due to its unique transaction fee mining mechanism. Using its native token, BSW, Biswap returns up to 50% of the trading fee to its users. This incentivizes users to actively participate in the Biswap ecosystem and rewards them for their trading activity. It’s a win-win situation for both Biswap and its users. Overall, this approach encourages user engagement and helps to build a thriving community.

Biswap liquidity pools: Enhancing liquidity provision

Biswap is a platform that provides liquidity pools for users to contribute their tokens to various trading pairs. By becoming a liquidity provider (LP), users can earn additional tokens as rewards for their participation, enhancing the platform’s liquidity and allowing LPs to earn passive income.

Biswap farms: Maximizing yield generation

Biswap has two ways for users to earn rewards. The first is by providing liquidity, and the second is by staking tokens in farming pools. By participating in farming activities, users can earn more rewards and maximize Biswap’s potential to generate income. Biswap offers different farming options so users can choose the best one based on risk tolerance and investment goals.

Marketplace for Biswap DEX: Trading NFTs

Biswap’s NFT marketplace provides a platform for users to buy, sell, and trade non-fungible tokens. With low fees and a wide selection of unique NFTs, the marketplace caters to artists and collectors. Users can explore a diverse range of digital artwork and collectibles, showcasing the vibrant creativity of the crypto community.

Biswap launchpool: Participating in token launches

Biswap’s launchpool feature allows users to participate in token launches and acquire new tokens before they are listed on major exchanges. By staking BSW tokens, users can gain early access to promising projects and potentially benefit from their future growth. The launchpool feature provides a unique opportunity to discover and invest in innovative blockchain projects.

Biswap NFT: Staking NFTs for rewards

Biswap offers an NFT staking pool where users can stake their NFTs and earn rewards in BSW tokens. This provides an additional avenue for users to generate passive income from their NFT holdings. By staking their NFTs, users contribute to the liquidity and vibrancy of the Biswap ecosystem while earning rewards for their participation.

The future

Biswap is still under development, and its roadmap is ambitious and outlines its plans for future development and growth. The platform aims to innovate and expand its offerings continuously, ensuring it remains at the forefront of the DEX market. Some of the key milestones and upcoming features on its roadmap include:

  • Multi-reward pool for BSW holders: It plans to introduce a multi-reward pool where BSW holders can earn leading tokens as dividends based on their trading volume.
  • New innovative launchpad system: It aims to enhance its launchpad system, providing a platform for promising projects to launch their tokens and gain exposure to the Biswap community.
  • Personal user’s dashboard: It aims to create a personalized dashboard for users, providing a comprehensive overview of their portfolio and activities on the platform.
  • Limit orders: By implementing limit orders, Biswap is planning to enable users to automatically execute trades at specific price targets when market conditions are met.
  • Lending and borrowing: Biswap plans to introduce lending and borrowing services. It will enable users to earn interest on their idle assets and access capital for trading and investment purposes.
  • Enhanced security measures: Biswap is committed to ensuring the utmost security for its users’ funds and data. The platform will continue to implement robust security measures and undergo regular audits to maintain a safe and trusted environment.
  • NFT staking V2.0: Biswap plans to upgrade its NFT staking pool, introducing new features and rewards for NFT holders.


Leveraging the power of Biswap – Image via Freepik

Biswap, as a decentralized exchange platform, has been making waves in decentralized finance. Although some criticize the governance model for being centralized due to the Biswap team having a significant amount of control over the platform, others praise its innovative features, low transaction fees, and user-centric design. It is committed to providing cryptocurrency enthusiasts with a secure and seamless trading experience. 

Biswap provides many opportunities to engage and participate in the vibrant BSC ecosystem. As it continues evolving and expanding its offerings, it is poised to become a leading player in decentralized finance.

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