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About Biswap

What is Biswap?

Biswap is a decentralized exchange ( DEX ) where users can exchange BEP-20 tokens on the BNB Chain. The exchange uses the Automated Market Maker (AMM) model, which allows users to trade with liquidity pools. In addition, users can participate in liquidity mining and transaction fee mining. For example, miners can earn up to 90% of transaction fees on token exchanges, as well as additional fees on the exchange's native tokens. Another key offering is the NFT marketplace, where users can purchase NFT using various cryptocurrencies such as BNB, USDT, BUSD, WBNB, etc. Users can also purchase the exchange's own NFT through its NFT Earn program, which includes an NFT launchpad, a pledge pool, and various tools to enhance and upgrade NFT. There is also a lottery sweepstakes where users can win native token prizes. Finally, its IDO launchpad provides a way for new projects to raise funds through the exchange (i.e. by leveraging its 300,000+ users). Its global rewards program has more than $10 million in funding available to partner with other projects. These funds will be used as grants for security audits and project development as part of the exchange's rapid growth strategy.

Who are the founders of Biswap?

Biswap does not provide any information about its founders, but does list a team of anonymous contributors. According to official documents, its CEO is referred to as "EK" and is a veteran of the cryptocurrency industry. In addition, no information was provided about possible investors.

When did Biswap launch?

The exchange was launched in July 2021. It quickly became one of the major decentralized exchanges in the BNB ecosystem.

Where is Biswap located?

At the time of writing, there is no information on where this exchange is located.

Countries that restrict access to Biswap

There is no information on the countries that have banned or restricted the exchange.

List of tokens supported by Biswap

Biswap supports almost all of the BEP-20 tokens on the BNB chain.

What are the fees for Biswap?

Unlike most other decentralized exchanges that charge a 0.3% fee for token exchange, Biswap only charges 0.1%. Half of the fees collected are redistributed to liquidity providers, and the other half are destroyed.

Can I use leverage or margin trading on Biswap?

The exchange does not offer leveraged or margin trading.