Biswap, a decentralized exchange (DEX) operating on the Binance Smart Chain (BSC), offers users low transaction fees and features a GameFi application. As part of its operations, Biswap will repurchase and burn its native governance token, BSW, using a portion of its revenue.
What is Biswap (BSW)?
Biswap (BSW) is a DEX designed for BEP-20 tokens on the Binance Smart Chain (BSC). It prides itself on providing the lowest transaction fees among BSC exchanges, set at 0.1%. Biswap is committed to continuously innovating in the field of decentralized finance (DeFi) through its high-quality products and services. The platform also offers a referral system that allows users to invite others and earn fees from farming, pools, exchanges, and a lottery.
The governance token of Biswap is BSW, with a total supply of 700 million. The distribution of the token is as follows:
– Farming / Launchpad: 80.7%
– Referral Program: 4.3%
– SAFU (emergency insurance fund): 1%
– Team: 9%
– Investment Fund: 5%
The remaining 100 million BSW will be divided between NFT (Earn), GameFi (Play to Earn), Strategic Partnerships (70%), and Transaction Fee Mining (30%). Biswap will also implement various deflationary mechanisms, including burning 50% of transaction fees, 13% of lottery ticket revenue, 10% of sales revenue, and 10% of new NFT minting.
Additionally, Biswap has introduced a $10 million global incentive program to foster collaborations with other BSC projects. Partners may benefit from 90% fee reimbursements, BSW farm trading pairs, a launch pool, marketing promotion, security audits, and grants for project development.
Where to Buy BSW Coin?
For safe trading of BSW Coin, users can turn to Binance, the largest cryptocurrency exchange by trading volume. Binance offers BSW Coin in trading pairs such as BSW/BNB, BSW/USDT, and BSW/BUSD.
To purchase BSW, individuals must first register on the Binance exchange. Once the registration process is complete, funds can be transferred to the Binance wallet in the form of either cryptocurrency or fiat currency. After the transfer, users can buy BSW Coin using any of the mentioned trading pairs. To make a purchase through the BSW/USDT trading pair, users should navigate to the interface of this pair. In the limit section, they can input the desired amount to buy. Upon specifying the amount, the purchase can be completed by executing the Buy BSW order.
For the latest news and updates, users can follow Biswap on Telegram, Facebook, Twitter, and Coinmarketcap.
Disclaimer:
This article does not provide investment advice. Investors should be aware that cryptocurrencies are highly volatile and carry inherent risks. It is recommended that individuals conduct their own research before making any investment decisions.
