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With over 552 active users in 000, biswap is one of those trading platforms cryptos whose future looks very bright. It is a DEX (Decentralized Exchange or "Decentralized Exchange") unlike bybit. Biswap was established in 2021 and whose excellent services and assets are the drivers of its absolutely deserved success. All crypto-investor should absolutely take an interest in Biswap, to find out how to take advantage of this innovative platform, with gigantic growth potential. If you are part of this elite in search of valuable information for quick decision-making, rest assured, because you have come to the right place. Then discover this complete file on Biswap, the decentralized exchange which is positioned as a direct competitor to UniSwap, PancakeSwap and others.

Biswap: much more than an exchange of cryptocurrencies

biswap is a very interesting platform given the many services it offers. She started her adventure in the sphere crypto with the exchange of assets as its flagship product and has gradually evolved into other services that are now very popular with crypto enthusiastic. These include Liquidity pools, Farming or trading, which can allow investors crypto to earn rather interesting passive income.

The exchange of cryptocoins with Biswap

On this DEX, it is possible to swap cryptocurrencies, which as the name of the platform suggests is the main service offered. THE crypto-investors will therefore be able to exchange several assets for others, with more than 60 cryptocurrencies available. This exchange running under the Binance BSC network (also called BEP-20), you can swap all the cryptos issued on this blockchain. These include BNB, BUSD or even BSW, which is the crypto native of Biswap.

That's not all ! With the innovation brought by Binance, which allows different blockchains to communicate with each other, you will also be able to exchange assets issued on other blockchains. Swapping is therefore possible between a multitude of currencies and tokens such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Polkadot (DOT), Dogecoin (DOG), Litecoin (LTC ), Cardano (ADA), Tron (TRX)…

Biswap is based on an Automated Market Maker protocol, which is typical of decentralized exchanges. The particularity of this exchange platform, however, is based on the swap fees which are the lowest in the DeFi universe. They are indeed estimated at 0,2% per exchange of cryptocurrencies and are lower than those charged by a competitor like PancakeSwap whose swapping services are in high demand. The latter nevertheless charges fees assessed at 0,25% per conversion of cryptos. The most interesting thing is that each exchange of cryptocurrencies on Biswap entitles you to a refund of exchange fees of up to 50%. It is Moon rare platforms Which make it possible to earn money by trading assets.

Biswap passive income: liquidity pools, farming, launchpools and fixed-term staking

On Biswap, it is possible to invest your cryptocurrencies in several different ways to generate passive earnings.

Liquidity pools

The first investment option is to become a liquidity provider. This is about putting a minimum amount of your cryptocurrencies available to users of this DEX to be remunerated accordingly. The principle is simple: you stake a pair of cryptocurrencies in equivalent proportion. For example, you can provide 10 BNB and the equivalent value in USDT for a liquidity pool. Through this process of staking cryptocurrencies, Biswap will reward you with LP tokens that you can invest in farming to earn BSW tokens (Biswap native token).

Farming

Farming is the English equivalent of the word "farm". As you know, farm is a place where animals are raised for later profit. Well, the principle is the same when it comes to cryptos. It is simply a matter of staking a pair of cryptocurrencies. A very attractive APY is applied to the value of your assets so that a payment is returned to you daily as a reward. This product from Biswap offers interest rates around 80%, depending on the asset pair staked.

launchpool

The crypto-investors can also opt for launch pools where they will have to staker an asset or a pair of assets. This also helps to generate passive gains. Mainly, you will have the possibility to staker of the BSW associated with other assets whose project intends to gain notoriety. Winnings will be returned to exactly the same token(s) placed. It will be possible to withdraw your earnings or reinvest them again to generate compound interest. This reinvestment is done automatically when the token chosen for staking is the BSW. You are at the initiative of a project of cryptocurrency that you wish to introduce to the general public, you can contact the Biswap team to discuss the possibility of creating a lauchpool.

Fixed term staking

Like most exchanges, biswap offers staking to crypto investors. However, it must be said that this service is not really what Biswap users prefer the most. And for good reason, there are not a plethora of staking options. For example, at the time of writing this article, it is not possible to do staking with USDT, BTC, ETH, XRP or even BUSD. Furthermore, for the cryptos popular accepted in staking, which are ADA and BNB, the APYs offered are not the juiciest out there. That said, if you hold Dot, you would benefit from staking it on Biswap since the interest percentages vary from 10 to around 20%. The other downside is that this exchange does not allow flexible term staking. That is to say, you will not be able to staking and withdraw your assets whenever you want. If you put one of cryptos accepted in staking, you will not be able to dispose of them for at least 30 days.

trading cryptocurrencies on Biswap

An advanced trading interface cryptocurrencies is available on Biswap. It allows traders to speculate on the price of assets and make in-depth market analysis, thanks to various decision-making tools. You will have access to time frames, performance indicators, data on transaction volumes… This is a service that experienced traders can use wisely to make a profit.

The NFT Marketplace

There is a very interesting NFT market place on Biswap, and the crypto Enthusiasts keen on these non-fungible tokens should definitely explore it. This marketplace allows digital art collectors to trade NFTs using their BSW tokens. You will be able to benefit from very low commission fees, estimated at less than 1% of the trade. It will also be possible to access exclusive NFT auctions on Biswap. These allow you to earn 5% of the price difference between your offer and that of the closest offer.

The crypto-investors, who buy NFTs belonging to Biswap's NFT collection, will have the opportunity to staker these assets to earn income. This will be done in the NFT staking pool available on Biswap. In addition, each transaction carried out on this market place intended for NFTs on Biswap will be followed by a reception of Robi Boosts. This is income from the fair sharing of transaction costs related to the exchange of NFTs between the buyer and the seller of the non-fungible token. Possession of Robi Boosts is very interesting, as it allows you to make higher gains when staking NFT.

The advantages of Biswap for cryptos-investors

Apart from these very low transaction fees, Biswap also has other assets that make it a decentralized trading platform. cryptos very attractive.

Very high interest rates for investment products crypto

When you do farming or staking on Biswap, the interest received is very high. In the case of farming, compound interest (APY) can reach 400% and even more depending on the initial bet and the asset concerned. For BSW staking in the launchpool, the annual percentage rate (APR) can reach 100%. You can also get compound interest (APY) up to 20% for fixed term staking.

These gains will allow your holdings in cryptocurrencies to grow on a daily basis, without any particular effort being necessary. However, it may be required to manually reinvest earnings after each staking and farming period to generate compound interest. The rates announced are relatively high, they still constitute a significant investment risk.

Many awards on Biswap

biswap is an exchange platform for cryptodecentralized currencies that offers many rewards to its users. The first is that relating to the swap costs of crypto which can reach 0,1% of any trade made. For liquidity providers, it will instead be 75% of the fees that will be reimbursed to them in LP tokens, i.e. 0,15% of the cost of the transaction. The other rewards are linked to the sponsorship program set up by Biswap, which is divided into 3 parts.

First, you will be able to collect 5% of your referrals' earnings on farms and launchpools, as well as 20% on the swaps they perform. Regarding the rewards collected on the farms, they will be available only after your referrals have withdrawn their earnings in BSW. In the case of launchpools, the rewards are only valid for any manual staking in a pool of BSW to get even more BSW.

For the sponsorship rewards on the swaps of your referrals, on the other hand, they will only be applicable for certain pairs of assets. It is, however, a good fifty pairs of cryptocurrencies. Each reward received in case of sponsorship of godchildren will be added to a balance according to its respective origin. You will then have 3 referral balances which are: Farms Referrals Balance, Launchpools Referrals Balance and Swaps Referrals Balance.

To withdraw these winnings, the commission fee is estimated at 0,5 BSW per initiated withdrawal for each balance. The referral system introduced by Biswap also allows you to share referral rewards with your referrals. This can be done at 10%, 25% or 50%. These settings will be made when creating your referral link.

A very secure platform

Biswap is a platform where your cryptocurrencies are safe. Since it is a DEX (decentralized exchange platform), the site does not hold any of your assets in a wallet. Consequently, the risks of hacking are reduced. Biswap is also a platform that has been audited and certified by Certik. It is an institute specializing in the auditing and security of protocols used in blockchain and DeFI projects.

Certik is the leader in its field of expertise, and this therefore confirms that using the Biswap platform for your exchanges of cryptocurrencies and various investments is safe. The last security asset of Biswap is the SAFU insurance of which this decentralized exchange platform of cryptocurrency has. It helps protect the crypto-investors from a loss of their assets and represents 1% of each block of BSW issued. These security funds are specially stored in another platform-independent wallet.

Connecting your wallet crypto in Biswap and deposit of funds

To benefit from the services offered by biswap and start by putting your assets to work by cryptocurrency for you, it is essential to connect your wallet beforehand. Biswap is compatible with a very wide variety of wallets such as: Metamask, Binance Chain, Coinbase Wallet, Trust Wallet, Brave Wallet or TokenPocket, to name a few. You will need to install the browser extension associated with the wallet of your choice to connect it to the Biswap platform. Connecting the wallet is very simple. To learn more about the process, please read the detailed instructions under “Learn how to connect a wallet”.

In general, it will be a question of first installing the extension of the wallet on your web browser and then connecting it. The next step is to retrieve the private key of the wallet to export its address to Biswap and that's it. If you have just created your wallet and it does not contain any cryptocurrency, you can buy it directly on Biswap with fiat currency. To do this, click on the "Buy Crypto ". Then choose Binance Connect or Mercuryo to make your purchase.

With the first, you will have to choose the cryptocurrency to buy, the fiat currency to use (EUR, USD, GBP, AUD, etc.), fill in the amount to spend and then the payment method. For the payment method, you have the choice between the Binance P2P service and your debit and credit cards. With the Binance P2P service, you will be able to buy your cryptos with individuals in cash or using a wide variety of payment processors. Then log in to your Binance Connect account and validate the payment.

If you have chosen Mercuryo for your purchase of cryptocurrencies on the other hand, it will first be necessary to specify the amount to be spent, the corresponding fiat currency, as well as the token to be purchased. Secondly, you will need to enter your mercury.io email address to which a code will be sent to enter to proceed with the transaction.

Do not forget to retrieve the receiving address associated with the cryptodesired currency then go to the next step of the operation. Make sure that the starting and ending network is the same, to avoid permanently losing your assets. Then confirm the order by making payment by card or bank transfer. A few minutes after your operation, regardless of the method of purchase of cryptochosen currencies, your wallet will be credited with the corresponding amount of assets.

The detailed swap process of cryptocurrencies on Biswap

The exchange of cryptocurrencies on Biswap couldn't be simpler. Slide your mouse cursor over the “Trade” tab then select the “Exchange” section from the drop-down menu. In the window that will appear, choose the cryptocurrency and the quantity to be converted, then the cryptocurrency to be received. Make sure, however, that you have enough BNB for the transaction fee, otherwise the exchange will not take place. If all the conditions are met, simply validate the order in your wallet.

Procedure for injecting cash into a pool and placement in a farm

If you want to become a liquidity provider on Biswap, go to the platform, hover your mouse cursor over the "Trade" tab to bring up the drop-down menu. Select the “Liquidity” section. In the window that will appear, click on the blue “Add Liquidity +” button to choose the pair of cryptocurrencies to be defined as liquidity pool. For example, you can choose the asset pair BSW-BNB, specifying the quantity of the first crypto à staker. That of the second cryptocurrency to be placed should be estimated automatically by the Biswap platform. But if this is not the case and you must fill in the quantity of the second crypto, remember that it must be the equivalent of the quantity of the first crypto. In other words, you will need to hold both cryptos in proportionate quantity so that their estimated dollar value is the same.

Taking our example of the BSW-BNB cut, you will then have to click on the blue buttons "Approve BSW" and "Approve BNB" to bring up the pop-up window of your wallet where you will confirm the operation so that the assets are deducted of your inventory. When you start receiving BSW-BNB LP tokens, you can invest them in a farm to generate BSW earnings, thanks to staking. To do this, hover your mouse cursor over “Earn”, then choose “Farms”.

Then select the farm project that has the exact same tokens as the LPs you have (BSW-BNB). Then click on " Stake » and validate the transaction in your wallet. On this same page, you will be able to track the earnings generated by the placed assets and click on “Harvest” to withdraw them. Confirming the request in your wallet will be necessary.

Biswap Staking: how to proceed?

For crypto- investors wishing to staker their BSW tokens on Biswap, you will have to go to the "Launchpools" page of the exchange platform of cryptocurrencies. It is accessible from the “Earn” tab, then “Launchpools”. When you are there, choose the pool you are interested in and place a certain amount of your BSW or available assets there. To do this, validate the token withdrawal request from your wallet, then specify the quantity of the asset to staker and click “Confirm”. You can withdraw your earnings or investments whenever you want.

Good to know about BSW – the native token of Biswap

The BSW is the cryptonative currency of Biswap, of which there are a total of 700 million coins. This crypto whose value is estimated at $0,21 on the date of February 02, 2023 is the governance token of the decentralized exchange platform. The distribution of BSW tokens was done in two main parts. The first includes 100 million coins which are for mining transaction fees.

The second part, for its part, includes the remaining 600 million pieces and is the subject of a very interesting sub-distribution. For each block issued, 85,7% of the associated BSW will be used for farms and launchpools. 4,3% of each block will be for referral rewards, compared to a ratio of 1% for SAFU insurance and 9% allocated to Biswap's management team. The last part of the 600 million BSW tokens is for token burning, on a weekly basis.

What to remember about Biswap

Biswap is a very ambitious project, masterfully piloted by a competent team and which has a well-defined roadmap. Its very low transaction costs, associated with its sponsorship system and its high yields, make it a platform for cryptocurrencies to watch closely. Strong growth of this decentralized exchange is to be expected over the next few years with the arrival of very interesting new features.

This probable growth will also result in an increase in the value of the native token of the BSW platform. However, it is important to specify that our analysis of the future of biswap and that of its native token do not represent investment advice. Therefore, it is recommended that each crypto-investor make his own study of the platform and invest prudently according to his conclusions and his ability to take risks.