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What is Biswap (BSW)?
Biswap is a decentralized exchange with a unique referral program and low transaction fees (up to 0.1%). This system is designed to facilitate the swapping of BEP-20 tokens on the Binance Smart Chain network. This network is known for its high speed and significantly reduced transaction costs compared to other popular chains. Biswap is on a mission to become the leading decentralized finance platform for token swaps. On Biswap, user can: exchange BEP-20 assets with tiny fees; provide liquidity to the pool and earn profits from token swap transactions; stake LP tokens for additional crypto earnings; engage in Biswap lotteries to have an opportunity to win a huge prize; earn referral rewards through the multi-type referral system; buy new tokens for BSW by participating in Initial DEX offerings (IDO); trade and sell NFTs through the Biswap Marketplace; receive crypto rewards through Biswap play-to-earn (P2E) decentralized games. BSW is a utility token that powers the entire Biswap ecosystem. The BSW tokens are required to participate in Biswap Launchpools, perform staking in yield farms, and buy lottery tickets. It is also the crypto which liquidity providers, stakers, and affiliate partners receive rewards in. BSW has a weekly burning mechanism feature that decreases the total supply of BSW tokens, thus, helping to increase the value of BSW tokens in the future.
Who are the founders of Biswap (BSW)?
The team of the Biswap (BSW) project is anonymous and hides behind digitally-designed avatars. Yet, it is stated that they have an international team of dedicated and experienced professionals. The key team members include: EK. This person is the project’s CEO with over 7 years of experience in the crypto space. Kevin is the product manager in Biswap with 11 years of expertise in product development. Robi is the head of Support and Biswap’s spokesperson. Nick is the Head of IT with over 6 years of experience as a backend & front-end developer who also has solid competence in the sphere of solidity programming.
What makes Biswap (BSW) unique?
The most outstanding product of Biswap is its multi-type referral program. The platform allows users to enhance their crypto earnings. If a user invites their friends to register via the referral link, they will receive rewards. Referral rewards can be credited when an invited participant makes a transaction through Biswap exchange, engages in yield farms or launch pools, purchases Biswap lottery tickets, or wins in the Squid NFT World (the platform’s P2E NFT game). Aspired to turn into a benchmark for DEX, Biswap has an expensive range of services that are often not available on other decentralized exchanges. Biswap simply has it all: crypto trading, liquidity pools, yield farming, staking, IDO Launch Pad, Launch Pool, an NFT marketplace, and GameFI. A feature not to be found with rivals also includes Biswap Lottery. It is a game of chance where winners are selected randomly. This lottery game allows every user who bought at least one lottery ticket to get rewarded with substantial crypto prizes. IDO Launch Pad is also a notable feature of Biswap that enables users to buy emerging cryptocurrencies for their BSW tokens. Promising blockchain projects can launch their tokens through Initial DEX Offering on Biswap Launchpad. The established IDO process is remarkably effective and immediately provides powerful utilities to the freshly launched tokens. Biswap Launchpool is an alternative to mining that allows people to mine transaction commissions. For this, users need to lock their cryptocurrency to be eligible for crypto rewards. Above all, Biswap stands out with lower transaction fees compared to other similar projects. For instance, Biswap charges only 0.1% per transaction, 0.05% of which is distributed among liquidity providers as rewards and the remaining 0.05% goes for BSW token burning.