### What is Biswap?

Biswap is a decentralised exchange (DEX) built on the BNB Smart Chain (BSC) that facilitates the swapping of BEP-20 tokens with low transaction fees. It aims to provide a cost-effective and secure trading platform featuring various DeFi services, such as an automated market maker (AMM) model, yield farming, and an NFT marketplace.

### How does Biswap work?

Biswap operates on the Binance Smart Chain using the BEP-20 token standard, which ensures efficient and secure token transactions. It uses an Automated Market Maker (AMM) model, allowing users to trade tokens via liquidity pools rather than traditional order books. With proof of stake (PoS) as its consensus mechanism, Biswap offers a more energy-efficient and faster platform. Security is bolstered through audited smart contracts and a bug bounty program  .

### What are the potential use cases for Biswap?

Biswap offers multiple use cases and applications such as:

- **Decentralised Trading**: Facilitates token swaps with low transaction fees.
- **Yield Farming and Staking**: Allows users to stake tokens in launch pools and farming pairs for rewards.
- **NFT Marketplace**: Users can trade NFTs and participate in an NFT Earn program.
- **Gaming**: Features like Squid NFT World provide Play-to-Earn gaming opportunities.
- **Cross-Chain Support**: Bridges enable asset transfers across various blockchain networks .

### What is the history of Biswap?

Founded in 2020 in London, UK, Biswap rapidly gained popularity due to its innovative features and user-friendly interface. The platform has consistently introduced new features, expanded its community, and formed strategic partnerships with major crypto wallets. Significant milestones include rapid user adoption, continuous innovation, and listings on exchanges like WEEX and KCEX. Biswap's future plans focus on enhancing trading functionalities, expanding its DeFi and NFT offerings, and supporting emerging projects through an IDO Launchpad .

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