
Biswap (BSW)
Key data
updated $0Biswap (BSW) is the native token of Biswap, a decentralized exchange (DEX) built on the BNB Chain. In simple terms, it's the fuel that powers the platform: users earn it through trading, staking, and referrals, and spend it on fees and platform features. Think of it as a rewards token designed to keep activity flowing within the Biswap ecosystem.
Frequently asked questions
What is Biswap and how is it different from other exchanges?
Biswap is a decentralized exchange running on the BNB Chain, meaning trades happen directly between users' wallets without a central intermediary. Its main distinguishing features are a multi-tier referral system and competitive trading fees. The BSW token ties the whole ecosystem together as both a reward and a utility asset.
How does Biswap work technically?
Biswap uses an automated market maker (AMM) model, where liquidity is provided by users who deposit token pairs into pools and earn fees in return. It operates on the BNB Chain, which uses a Proof of Staked Authority consensus mechanism for fast and cheap transactions. Smart contracts handle all swaps, farms, and staking automatically, with no middleman involved.
How is the BSW token supply structured?
BSW has a hard cap of 700,000,000 coins, so no more than that will ever exist. New tokens are released gradually as rewards for farming, staking, and referrals. The fixed maximum supply is designed to protect the token from unlimited inflation over time.
Where can I store and use BSW?
Since BSW lives on the BNB Chain, any wallet that supports BNB Chain tokens works — MetaMask, Trust Wallet, and Binance Chain Wallet are popular choices. Within the Biswap platform, you can stake BSW, add it to liquidity pools, or use it in the launchpad. You can also freely transfer or trade it like any other BEP-20 token.