Biswap Review – First DEX on BSC with Yield Farming & Lowest Transfer Fees

cryptocoin (32)in #biswap • 3 years ago (edited)

First DEX on BSC with Yield Farming & Lowest Transfer Fees

First DEX on BSC NETWORK

AIMS TO BECOME A BENCHMARK FOR DEX PLATFORMS.BiSwap

Introduction

Know more about BSW Token

Biswap is the first decentralized exchange platform on the market with the lowest platform transaction fees.

BiSwap is a decentralized exchange platform for swapping Bep 20 tokens on the Binance Smart Chain network. This network guarantees superior speed and much lower network transaction costs.

Biswap aims to become a benchmark for DEX platforms. And want to take up the mantle in becoming the leading DEX platform on the market for token swaps..

Highly committed to providing true value, fairness and innovation to decentralized finance through our high-quality products and services.

Biswap is fast, secure and anyone can swap and earn tokens.

Join Biswap DEX

Information

BiSwap Exchange is an automated market maker (AMM), that allows a user to exchange any two tokens on the Binance Smart Chain network. The liquidity provided to the exchange comes from Liquidity Providers who stake their tokens in Liquidity Pools.

In exchange, a user gets LP tokens that can also be staked to earn BSW tokens in the Farms.
When a user makes a token swap on the exchange, every time trading fee of 0.1% will be charged, which is broken down in the following way: 0.05% is returned to liquidity providers in the form of a fee reward, 0.05% is used for BSW token burning.

Bi Swap may increase the trading fee in the future.

A portion of this increase will be allocated to the team. Even after the increase of the trading fee, it is not going to be higher than the industry’s average!

Transaction fee mining, commonly referred to as trans-fee mining is the process of using transaction fees to reward the community.

Biswap was also the first DeFi project to offer 3 type referral system. By doing so you are able to earn fees from referral earnings, swaps and it’s also a great marketing tool by Biswap to come up with – in order to spread the word about the platform and gain more users.

The Biswap source code has been audited by a Certik leader in analyzing Blockchain protocols and DeFi projects gaining a super high security score.

Since the TVL (Total Value Locked) or crypto assets in the protocol is quite high for a new BSC project due all features and strengths mentioned above (over $400 million) we can say that the BSW (Biswap token) entry price is very good now and could go very high in the future.

The social networks activity, competitions, new pools and features added are also very high comparing to similar BSC competitors for the market.

Solutions

Unlike other exchange platforms, Bi swap returns the transaction fees to the users in the form of its native token – BSW.

In simple terms, when you make a swap on Bi Swap and pay a trading fee of 0.1%, up to 100% of the trading fee will be immediately returned to your balance in BSW tokens.

So, stop spending your crypto for fees, rather earn more Cryptocurrency tokens with Bi Swap Exchange Platform.

Specification

Ticker Symbol: BSW
Chain: Binance Smart Chain (BEP-20)
Max Supply: 700 000 000 BSW tokens
Start of Supply: from 10 000 000 BSW tokens (allocated for the initial liquidity, marketing and strategic partnership purposes)
Contract Address: https://bscscan.com/token/0x965f527d9159dce6288a2219db51fc6eef120dd1

Out of these 10 000 000 tokens, 400 000 BSW tokens will be used to secure the initial liquidity. This is done to make sure our users can make exchanges and experience all the features of the platform from the very beginning.