1. What is Biswap BSW?
BSW is a decentralized exchange (DEX) operating on Binance Smart Chain (BSC) that offers BEP-20 token swaps with one of the lowest transaction fees in the industry. With a 0.1% transaction fee, Biswap aims to be a cost-effective alternative to other DEXes like PancakeSwap and ApeSwap. The platform integrates various DeFi features, including an automated market maker (AMM), liquidity pools, staking, an NFT marketplace, and an IDO launchpad. Additionally, Biswap has launched a $10 million global incentive program to attract new projects and expand its ecosystem.
1.1 How Does Biswap (BSW) Work?
Biswap provides users with a comprehensive DeFi experience by offering the following key features:
Low Transaction Fees: A 0.1% trading fee, with 50% of the fee returned to liquidity providers and 50% allocated to BSW token burning.
Liquidity Provision & Yield Farming: Users can earn rewards by providing liquidity to Biswap pools.
NFT Marketplace: Users can buy and sell NFTs using BNB, USDT, BUSD, and WBNB.
Referral System: A unique multi-tiered referral system that rewards users for inviting others.
IDO Launchpad: A platform for new blockchain projects to raise funds and launch their tokens.
Transaction Fee Mining: Users can receive up to 90% of their trading fees back, depending on the trading pair.
Biswap’s roadmap includes several future enhancements, such as cross-chain support, lending & borrowing features, limit orders, and a personal user dashboard.
1.2 Biswap (BSW) Founding Team
Biswap was launched in 2021 and lists 27 team members on its website, all of whom remain pseudonymous and are represented by comic avatars. The CEO, known as "EK," is reportedly a crypto veteran with seven years of experience. While the team claims extensive expertise in the blockchain sector, no further details or investor information have been disclosed.
1.3 Biswap (BSW) Tokenomics
What is BSW?
The BSW token is the native utility and governance token of the Biswap platform. Its tokenomics include:
Maximum Supply: 700 million BSW
Initial Circulating Supply: 1.5 million BSW
Distribution:
Farms/Launchpools: 80.7% per block
Referral Program: 4.3% per block
SAFU (Security Fund): 1% per block
Team: 9% per block
Investment Fund: 5% per block
Utility of BSW:
Staking to earn rewards and participate in governance
Paying for transaction fees at a discounted rate
Rewarding liquidity providers and yield farmers
Used in NFT purchases and transaction fee mining
Deflationary Model: Biswap follows a buyback and burn strategy, using platform revenue to burn BSW tokens regularly, reducing supply and increasing scarcity over time.
2. Is Biswap (BSW) A Good Investment?
To assess Biswap’s investment potential, we must examine its background, technology, real-world application, and token valuation.
Biswap has positioned itself as a leading DEX on BSC with ambitious plans for multi-chain expansion. The platform is integrating Ethereum, Base, and Arbitrum, which will enhance its liquidity and broaden its user base. Its low transaction fees, transaction fee mining, and referral program give it a competitive edge in the DeFi sector, making it a strong contender among decentralized exchanges.
From a utility perspective, Biswap provides practical solutions for DeFi users. It offers liquid staking to maximize returns, a secure and user-friendly NFT marketplace, and advanced trading tools to improve market efficiency. These features contribute to its real-world application and long-term sustainability.
A key indicator of Biswap’s investment potential is its valuation. The Fully Diluted Valuation (FDV) to Total Value Locked (TVL) ratio for BSW is currently 0.6, suggesting that the token is significantly undervalued. A ratio below 1 indicates that the market cap does not yet reflect the platform’s adoption and growth, presenting a possible investment opportunity for those looking at long-term potential.
Another crucial factor is institutional backing. Binance Labs invested in Biswap in October 2021, signaling confidence in the project. The team has consistently demonstrated innovation by launching new products and engaging with its community, further reinforcing trust in the platform’s future.
Additionally, BSW has a fixed supply of 700 million tokens, and its deflationary model ensures periodic token burns, reducing circulation over time. This strategy helps maintain price stability and supports long-term appreciation potential.
Biswap’s diversified revenue streams add to its resilience. The platform generates income through trading fees, staking performance fees, NFT marketplace commissions, early withdrawal penalties, and IDO launchpad fees. This diversified income model supports financial sustainability and continuous growth.
Technical analysis:
BSW is currently trending downwards on the weekly timeframe, placing nearest resistance at $0.04997. Corresponding to ETH's plunge, BSW is likely to continue the downtrend unless it breaks above $0.08258 and $0.108114. This analysis does not represent investment advice, and all investments carry inherent risks. Users should conduct their due diligence and remain aware of potential losses.
Conclusion
Biswap (BSW) stands out as a promising DeFi project with low fees, an extensive ecosystem, and strong growth potential. Its multi-chain expansion, innovative features, and institutional backing make it a compelling investment choice. Given its undervaluation, deflationary model, and expanding user base, BSW could be a valuable addition to a DeFi-focused investment portfolio.
3. How To Buy Biswap (BSW) on BingX?
Buying BSW token on BingX is simple and accessible for all types of investors. To get started, create a BingX account, complete the necessary security settings, and deposit funds. On-chain deposits are highly cost-effective on BingX, with fees as low as 1 USD when using the TRC-20 protocol, regardless of the deposit amount. This method is cheaper compared to credit card transactions, which involve higher fees due to traditional banking channels. BingX also supports multiple networks such as POLY, BEP, and ERC, giving users flexibility when transferring funds.
Once your account is funded, you can choose between spot trading and derivatives. Spot trading allows you to own
BSWUSDT, enabling you to buy low and sell high for profit. Alternatively, derivatives trading lets you capitalize on price fluctuations without owning the actual tokens, ideal for profiting in both rising and falling markets. BingX offers direct spot purchases through its market or peer-to-peer (P2P) transactions with other users. For derivatives, you can trade BSW in the USDT-M futures market or the Coin-M futures market alongside other popular cryptocurrencies.
Trading altcoins efficiently requires a platform that can keep up with the rapid pace of market fluctuations while ensuring cost-effectiveness and real-time insights. BingX provides a seamless and optimized trading experience for traders seeking to navigate the altcoin market efficiently.
Trading on BingX is cost-effective, with competitive fees as low as 0.1% for both makers and takers. This allows traders to maximize profitability while keeping expenses minimal. Additionally, the exchange’s dynamic withdrawal fee system adjusts based on market conditions, ensuring efficient and fair transaction costs.
Altcoin prices can be highly volatile, making it essential to execute trades quickly and accurately. BingX’s advanced trading infrastructure is designed to minimize slippage and secure precise entry and exit points, ensuring traders can capitalize on market opportunities without delays.
Staying informed is crucial in the fast-moving altcoin market. BingX offers expert analysis, price predictions, and insights from experienced analysts tracking Bitcoin dominance, price movements, support/resistance levels, and macroeconomic trends. These tools empower traders to make well-informed decisions.
