As a crypto trader, one of the major costs of doing business is the trading fees. The lower the trading fees you have to pay, the more of your profit you get to keep.
And that’s why many people love to trade on Biswap.
What is Biswap?
Biswap is the second-largest decentralised exchange on the BNB Smart Chain (BSC) with the lowest fees and most unique features.
The exchange was launched on May 25, 2021, and has quickly risen to become one of the most reputable DEXes on BSC.
Biswap allows you to trade all BEP20 tokens and earn from some of the most profitable yield farms and multiple investment opportunities on the platform.
As a trader, you’re looking for a secure DEX with good liquidity, volume, and enough assets and trading pairs to explore, and Biswap gives all that plus more.
You can learn more about the exchange and everything it has to offer in my Biswap review article.
Why should you trade on Biswap?
1. Lowest trading fees
One of the main attractions of Biswap for traders is that the exchange charges the lowest trading fees, compared to other DEXes on BSC.
Biswap charges a 0.2% fee on all swaps on the platform, compared to 0.3% or 0.25% on other DEXes.
This makes it more profitable for you to trade on Biswap as you get to keep more of your gains or minimise losses as the case may be.
That’s not all.
2. Trading fee reimbursement
Biswap returns up to 50% of your trading fee to you in BSW through its trading fee rebate program.
With this, you’re essentially paying 0.1% in trading fees.
And considering that the price of BSW can appreciate over time, your fee rebates could eventually outsize the trading fees you pay.
Another great feature of Biswap you will be interested in is its first-of-a-kind multi-type referral program.
The Biswap multi-type referral program
This program allows you to earn passive income by promoting and referring people to Biswap.
For example, you can earn up to 20% of your referral trading fees on Biswap, paid in BSW.
It doesn’t stop there.
You also earn 5% of their Farms and Launchpools rewards, 3% of their NFT Game winnings, and 2% of their lottery ticket purchases.
That’s literally 4 different types of referral rewards from a single referral. This is amazing and only on Biswap.
These rewards are paid from the BSW block emissions, as 4.3% of the emission is allocated towards the referral program.
Furthermore, you can decide to share 10%, 25%, or 50% of your rewards with your referrals as a way of giving back or encouraging them to use your link.
Learn more about Biswap
Biswap is growing at an exponential rate and adding several features every month. As a result, it’s easy for new users on the platform or crypto generally to get overwhelmed.
That’s why the Biswap Education Hub was created, to help you better understand and navigate the platform regardless of your level of experience.
The Hub is where you can learn everything you need to know about the platform and all its features.
Whether you’re an absolute crypto beginner or experienced DeFi degen exploring Biswap, the Hub has great information to help you make the best of the platform.
Furthermore, you can visit or join the Biswap social media and local communities to stay up to date with the latest developments and updates.
And if you’re as passionate about the project as I am, you can join the Biswap Space Agents Program (SAP) and win up to $2,500 in BSW every month.
Conclusion
Biswap is my primary trading platform on BSC, not just because it has the lowest fees but because of its great features and multiple lucrative investment opportunities.
From the multi-type referral program to double launchpools, multi-reward pools, yield farms, etc, there’re many ways to earn passive income on Biswap.
Are you trading on Biswap? Share your experience with us in the comments section below.