Biswap on BNB Chain

Introducing Biswap (BSW): A New Arrival on the BNB Chain

Welcome to the detailed profile of Biswap (BSW), the latest addition to the BNB Chain. As an exciting new cryptocurrency token, Biswap (BSW) was launched with the intent to join the thriving BNB Chain ecosystem.

This token operates on the BNB Chain, an infrastructure that supports the creation and execution of decentralized applications (dApps) and allows users to transact in digital currencies seamlessly and securely.

At NewCoinHub, we provide up-to-date and comprehensive data about Biswap (BSW) including its current price, trading volume, liquidity status, and the number of holders. We also supply the official smart contract address, crucial for those interested in further exploration or investment.

Please note that the world of cryptocurrency can be volatile and unpredictable. We encourage all visitors to perform their own due diligence and research when considering investments. For the most accurate and recent data, continue to refer to this page, as we strive to update our information in real-time.

Read on to learn more about Biswap (BSW) and find answers to some frequently asked questions.

Token description

## What Is Biswap (BSW)? [Biswap (BSW)](https://coinmarketcap.com/currencies/biswap/) is a decentralized exchange ([DEX](https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex)) for [BEP-20](https://coinmarketcap.com/alexandria/glossary/bep-20) tokens on [Binance Smart Chain](https://coinmarketcap.com/currencies/binance-coin/) (BSC). Biswap promises the lowest transaction fees of any BSC exchange at 0.1% and vows to be committed to innovation in [DeFi](https://coinmarketcap.com/alexandria/glossary/defi) through its high-quality products and services. Its referral system allows users to invite others and receive referral fees from farms, launch pools, swaps, and a lottery. Biswap’s core products include the standard DEX functions like an [AMM](https://coinmarketcap.com/alexandria/glossary/automated-market-maker-amm), [liquidity pools](https://coinmarketcap.com/alexandria/glossary/liquidity-pool), [yield farming](https://coinmarketcap.com/alexandria/glossary/yield-farming), an [NFT](https://coinmarketcap.com/alexandria/glossary/non-fungible-token) marketplace, and an [IDO](https://coinmarketcap.com/alexandria/glossary/initial-dex-offering) launchpad. In its roadmap, Biswap targets the following: * Listing on major crypto exchanges * Improvements of its NFT marketplace * [Cross-chain](https://coinmarketcap.com/alexandria/glossary/cross-chain) support * [Limit orders](https://coinmarketcap.com/alexandria/glossary/limit-order) * Lending & Borrowing * A personal user dashboard * A swap referral program Furthermore, Biswap announced a $10 million global incentive program to collaborate with other BSC projects. Partners can expect a 90% fee reimbursement, farming pairs with BSW, a launch pool, marketing promotion, and grants for security audits and project development. ## Who Are the Founders of Biswap? Biswap was launched in 2021 and lists a total of 27 team members on its website. The entire team is pseudonymous and are presented on the site only as comic avatars. The CEO is “EK,” a reported crypto veteran with seven years of experience in the space. Almost every member of the Biswap team lists several years of experience in their respective field, although no details are provided. Biswap does not specify any investors it may have. ## What Makes Biswap Unique? First and foremost, Biswap tries to stand out with its **lower transaction fees** vis-a-vis other decentralized exchanges. For example, Biswap claims that it levies only a 0.1% fee compared to 0.25% on [Pancakeswap](https://coinmarketcap.com/currencies/pancakeswap/), 0.3% on [Mdex](https://coinmarketcap.com/currencies/mdex/), [Apeswap](https://coinmarketcap.com/currencies/apeswap-finance/), and other BSC DEXes. 0.05% is returned to liquidity providers as a reward, and 0.05% is used for BSW token burning. Biswap reserves the right to increase this fee in the future and add an allocation to the team. However, it promises to keep the fee lower than the industry average. Users can engage in **transaction fee mining**, meaning they can receive up to 90% of the swap fee of 0.1%, depending on the trading pair. In addition, they can provide liquidity to pools and earn BSW farming rewards. Another important feature of Biswap is its **NFT marketplace** that allows users to purchase NFTs using four cryptocurrencies: [BNB](https://coinmarketcap.com/currencies/bnb/), [USDT](https://coinmarketcap.com/currencies/tether/), [BUSD](https://coinmarketcap.com/currencies/binance-usd/), and [WBNB](https://coinmarketcap.com/currencies/wbnb/). The **Biswap lottery** is a lottery where users can win “substantial BSW prizes” for participating. Each user can purchase an unlimited number of tickets, with 80% being redistributed to the prize pool. Biswap also has its own NFTs called **NFT Earn**, consisting of an NFT Launchpad, an NFT Staking Pool, an NFT Boost, and an NFT Level Upgrade. Users can buy so-called “Robi NFTs” and stake or boost them to make a profit. Finally, Biswap provides an **IDO Launchpad** that allows other blockchain projects to launch their token through Biswap. The DEX claims it has more than 300,000 active DEX users and incentivizes new projects to participate with its $10 million incentive program. ## Related Pages: Check out [Dodo (DODO)](https://coinmarketcap.com/currencies/dodo/) — a BSC decentralized exchange. Check out [Uniswap](https://coinmarketcap.com/exchanges/uniswap-v2/) – an Ethereum decentralized exchange. Learn more about [DEXs](https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex) here. Get the latest crypto news and latest trading insights with the [CoinMarketCap blog](https://coinmarketcap.com/alexandria/categories/blog). ## How Many Biswap (BSW) Coins Are There in Circulation? BSW is the exchange’s [governance token](https://coinmarketcap.com/alexandria/glossary/governance-token) with a [total supply](https://coinmarketcap.com/alexandria/glossary/total-supply) of 700 million. 600 million BSW are distributed as follows: * **Farms / Launchpools:** 80.7% * **Referral Program:** 4.3% * **SAFU (an emergency insurance fund for all users):** 1% * **Team:** 9% * **Investment Fund:** 5% The remaining 100 million BSW are split 70/30 between NFT (Earn), GameFi (Play to Earn), Strategic Partnerships (70%) and Transaction Fee Mining (30%). Furthermore, Biswap implements several deflationary mechanisms like burning 50% of transaction fees, 13% of lottery tickets, 10% of its sales revenue, and 10% of new NFT mints. ## How Is the Biswap Network Secured? BSW is a [BEP-20](https://coinmarketcap.com/alexandria/glossary/bep-20) token on [Binance Smart Chain](https://coinmarketcap.com/currencies/binance-coin/) (BSC). BSC is secured using a [proof-of-stake](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos) (PoS) [consensus mechanism](https://coinmarketcap.com/alexandria/glossary/consensus-mechanism). 21 validators are elected every 24 hours to validate transactions and maintain the blockchain’s security. These validators have to stake a certain amount of [Binance Coin](https://coinmarketcap.com/currencies/binance-coin/) (BNB) with [Binance](https://coinmarketcap.com/exchanges/binance/) to be eligible. Biswap also has a bug bounty program. You can earn between $10 and $100,000 for reporting bugs, depending on the security issue. ## Where Can You Buy Biswap (BSW)? BSW is available on [LBank](https://coinmarketcap.com/exchanges/lbank/), [Pancakeswap (V2)](https://coinmarketcap.com/exchanges/pancakeswap-v2/), [Bitget](https://coinmarketcap.com/exchanges/bitget/), [BTCEX](https://coinmarketcap.com/exchanges/btcex-exchange/), [MEXC](https://coinmarketcap.com/exchanges/mxc/), [XT.COM](https://coinmarketcap.com/exchanges/xt/), and [CoinW](https://coinmarketcap.com/exchanges/coinw/). If you want to learn more about how to start buying cryptocurrencies, you can read more in [our guide](https://coinmarketcap.com/how-to-buy-bitcoin/).