Biswap v2 Review: Low‑Fee DEX on BNB Chain

Biswap v2 Review: Low‑Fee DEX on BNB Chain Mar, 31 2025

Biswap v2 Fee Calculator

Transaction Details
Savings Analysis
Biswap v2 Fee Structure

0.1% flat fee split between liquidity providers (70%) and protocol reserves (30%).

Reserves are burned to reduce total supply.

Compare With Other DEXes
  • Uniswap: 0.30% fee
  • PancakeSwap: 0.25% fee
  • Biswap v2: 0.10% fee
Monthly Savings

Based on your inputs, you save $0.00 per month.

Over a year, this amounts to $0.00.

That's 0% more than using other DEXes.

About Biswap v2

Biswap v2 is a decentralized exchange built on the BNB Chain with a flat 0.1% trading fee, significantly lower than competitors like Uniswap (0.30%) and PancakeSwap (0.25%).

The platform offers additional features such as leverage trading (up to 100×), yield farming, NFT marketplace, and a referral program with up to 15% rewards for first-tier referrals.

With strong security scores from CertiK, PeckShield, and Hacken, Biswap v2 provides a secure environment for trading while maintaining low costs for users.

Key Takeaways

  • Biswap v2 runs on the BNB Chain and charges a flat 0.1% trading fee.
  • The native Biswap v2 token (BSW) powers staking, launchpools and fee rebates.
  • Security scores from CertiK, PeckShield and Hacken sit in the high‑80s after recent upgrades.
  • Compared with Uniswap and PancakeSwap, Biswap offers lower fees and leverage up to 100×, but with higher risk.
  • Community‑driven referral tiers and a growing cross‑chain roadmap keep the platform competitive.

What is Biswap v2?

Biswap v2 is a decentralized exchange (DEX) built on the BNB Chain. Launched in 2021 by an anonymous team, the platform lets users swap tokens, provide liquidity, farm yields, stake the native BSW token, trade NFTs and launch new projects-all without KYC or central oversight.

The DEX follows the permissionless ethos of DeFi: any compatible wallet can connect, and all transactions settle on‑chain. Because it lives on the BNB Chain, gas fees are typically a fraction of Ethereum’s, which helps keep the overall cost low for traders.

Core Features at a Glance

  • Token Swaps: Instant crypto‑to‑crypto trades across 300+ assets.
  • Liquidity Provision: Users can add assets to pools and earn a share of the 0.1% fee.
  • Yield Farming & Staking: BSW holders earn additional rewards in launchpools and farm‑specific farms.
  • NFT Marketplace: Buy, sell and mint NFTs directly on the DEX.
  • Launchpad: New tokens can raise funds via fair‑launch mechanisms.
  • Leverage Trading: Up to 100× exposure on select pairs, ideal for experienced traders.

All features are accessible through popular wallets like MetaMask, Trust Wallet, WalletConnect, SafePal and Coin98.

BSW Tokenomics

The native utility token, BSW token, drives the ecosystem. Key metrics (as of 2Oct2025):

  • Current price: $0.0335
  • Market cap: $18.27M
  • Circulating supply: 544,496,508 BSW
  • Total supply: 644,884,066 BSW (deflationary via fee burns)
  • All‑time high: $2.13 (Dec2021)

BSW is used for staking rewards, fee reductions (up to 50% for high‑stakers), participation in launchpools, and voting on community proposals.

Fees and Referral System

Biswap v2’s headline advantage is its flat 0.1% trading fee, which is considerably lower than the typical 0.3% on Uniswap or 0.25% on PancakeSwap. The fee is split 70% to liquidity providers and 30% to protocol reserves, which are then burned to reduce BSW supply.

The platform also runs a three‑tier referral program:

  1. Tier1: 15% of referee’s fee for the first 30days.
  2. Tier2: 10% for referrals of referrals.
  3. Tier3: 5% for the third level.

This structure incentivizes community growth while rewarding active promoters.

Security & Audits

Security & Audits

Biswap v2 has been examined by several reputable auditors. The most recent scores are:

  • CertiK: 88/100 (Skynet score, May2025)
  • PeckShield: No critical issues after the 2023 patch.
  • Hacken: Positive assessment, highlighted robust multisig‑timelock upgrade.

In 2023 a critical vulnerability was discovered and promptly fixed via a multisig‑timelock mechanism. Since then, no major exploits have been reported, and the platform’s open‑source contracts are regularly updated.

Competitive Landscape

Biswap v2 vs. Major DEX Competitors
Feature Biswap v2 Uniswap (Ethereum) PancakeSwap (BNB Chain)
Trading Fee 0.1% 0.30% 0.25%
Leverage Up to 100× None Up to 20×
Native Token BSW UNI CAKE
Liquidity Pools 300+ assets 400+ assets 350+ assets
Referral Program Three‑tier None None
Audit Score (Avg.) 88/100 ~82/100 ~85/100

Biswap’s low fee and leverage options make it attractive for high‑volume traders, while Uniswap boasts deeper liquidity on Ethereum and PancakeSwap offers a well‑established BNB ecosystem. Users should weigh fee savings against network effects and security comfort.

User Experience & Accessibility

Connecting a wallet is a three‑click process: click “Connect”, choose your wallet (MetaMask, Trust Wallet, etc.), and approve the connection. The UI mirrors familiar designs from other DEXes, with a “Swap” tab, “Liquidity” section, and a “Farm” dashboard.

Mobile apps for iOS and Android provide full functionality, including QR‑code scanning for wallet addresses and push notifications for farm rewards. Support is available 24/7 via live chat and a community Discord, though response times can vary during peak periods.

Pros & Cons

  • Pros:
    • Ultra‑low 0.1% fee.
    • Leverage up to 100× for advanced traders.
    • Robust referral incentives.
    • Deflationary tokenomics support BSW value.
    • Active audit history with high scores.
  • Cons:
    • Anonymous development team raises trust questions.
    • Leverage trading increases liquidation risk.
    • Lower overall TVL compared with Uniswap.
    • Regulatory uncertainty remains for DeFi platforms.

Future Outlook

Biswap’s roadmap for 2025‑2026 focuses on three pillars: cross‑chain bridges, capital‑efficiency upgrades, and deeper integration with Gate.io for hybrid on‑ and off‑ramp services. Analysts at DigitalCoinPrice predict BSW could climb to $0.07 by year‑end if volume continues to rise and the token burn mechanism stays active.

The platform’s community‑first approach-evident in the referral program and frequent token burns-helps maintain user loyalty. However, sustained growth will depend on navigating global DeFi regulations and keeping security audits up‑to‑date.

Frequently Asked Questions

How do I start swapping on Biswap v2?

First, install a supported wallet like MetaMask or Trust Wallet. Open the Biswap website, click “Connect”, select your wallet, and approve the connection. Then navigate to the “Swap” tab, choose the tokens you want to trade, enter the amount, and confirm. The transaction will be signed in your wallet and settled on the BNB Chain within seconds.

What is the benefit of holding BSW?

Holding BSW lets you stake for weekly rewards, earn fee rebates (up to 50% depending on stake size), participate in launchpools, and vote on community proposals. Staked BSW also accrues a share of the platform’s 0.1% trading fee, boosting passive income.

Is Biswap v2 safe to use?

Security audits from CertiK, PeckShield and Hacken give Biswap an average score in the high‑80s. A critical bug found in 2023 was patched via a multisig‑timelock upgrade. While no platform can claim zero risk, the audit history and transparent upgrade process make it one of the safer DEX options on BNB Chain.

How does Biswap’s 0.1% fee compare to other DEXes?

Biswap’s flat 0.1% fee is roughly one‑third of Uniswap’s 0.30% and 40% lower than PancakeSwap’s 0.25% fee. The lower cost benefits high‑frequency traders and liquidity providers who earn a larger share of the fee pool.

Can I earn BSW through the referral program?

Yes. The three‑tier referral system distributes a portion of your referees’ trading fees back to you. Tier1 referrals earn you 15% of the fee for 30days, with diminishing rewards for deeper tiers. Your earnings are automatically credited to your BSW balance.

13 Comments

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    Lexie Ludens

    March 31, 2025 AT 00:55

    Oh my god, the mere thought of a 0.1% fee makes my heart race like a thunderstorm in a teacup! Biswap v2 swoops in like a rogue superhero, slashing fees while promising midnight magic on the BNB Chain. The flat fee feels like a rebellious whisper against the bloated giants of Uniswap and PancakeSwap. I can already picture traders dancing on the low‑cost runway, their wallets breathing easier.

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    Aaron Casey

    March 31, 2025 AT 02:35

    From a protocol economics standpoint, Biswap v2’s 0.1% flat fee is allocated 70% to liquidity providers and 30% to the treasury, which aligns incentives without diluting token value. The fee split reduces impermanent loss exposure while preserving capital efficiency, a crucial metric for high‑frequency arbitrage. Moreover, the burn mechanism contracts total supply, offering a deflationary pressure akin to a negative inflation rate. In short, the architecture optimizes both yield generation and tokenomics robustness.

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    Leah Whitney

    March 31, 2025 AT 04:15

    Hey folks, if you’re still on the fence about Biswap v2, think of it as a training ground where you can grow your trading confidence without being choked by fees. The leverage up to 100× is tempting, but remember to size your positions responsibly-high risk, high reward, as they say. The yield farms add a nice layer of passive income, especially when you lock BSW‑LP tokens. And that referral program? It’s a solid way to bring friends into the ecosystem while padding your own earnings. Keep experimenting, but stay disciplined.

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    Lisa Stark

    March 31, 2025 AT 05:55

    When we examine decentralized exchanges, we’re really probing the philosophy of permissionless finance: how much friction should we tolerate in pursuit of freedom? Biswap v2 proposes a minimal friction model, stripping fees to a bare 0.1% and thereby embodying the ideal of unobstructed capital flow. Yet, this raises the question of sustainability-can such low fees support long‑term security and development? The answer may lie in community‑driven governance and the subtle balance between incentive and cost. Ultimately, the platform invites us to reflect on what we value more: cheap trades or robust safeguards.

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    Logan Cates

    March 31, 2025 AT 07:35

    Sure, but remember who really controls the chain.

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    Shelley Arenson

    March 31, 2025 AT 09:15

    Love the low‑fee vibe! 🎉 Biswap v2 makes swapping feel like a breeze, and the NFT marketplace adds a fun twist. The referral rewards are pretty generous too-definitely worth sharing with my crew. 🙌

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    Joel Poncz

    March 31, 2025 AT 10:55

    yeah, i thnik its cool but watch out for the gas on bnb chain, sometimes it spikes. also keep an eye on the tokenomics updates, they can change fast.

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    Kris Roberts

    March 31, 2025 AT 12:35

    Biswap v2’s low‑fee structure immediately caught my eye as a practical solution for active traders. The 0.1% flat fee dramatically undercuts the typical 0.25‑0.30% range seen on other BNB‑based DEXes. This cost advantage translates directly into better net returns, especially for high‑volume users. Beyond raw fees, the platform’s integration of leverage up to 100× opens a whole new spectrum of trading strategies. However, leveraging such high multipliers also amplifies risk, so risk management becomes paramount. The yield farming opportunities, while appealing, require careful assessment of APY sustainability versus impermanent loss. I’ve observed that the liquidity pools on Biswap tend to be deeper than those on newer competitors, which reduces slippage. The burn‑and‑redistribute model for the protocol reserve introduces a deflationary element that can support token price over time. Security audits from CertiK, PeckShield, and Hacken provide a reassuring layer of confidence for users. Still, no platform is immune to exploits, so staying updated on patch notes is a good habit. The referral program, offering up to 15% rewards for first‑tier referrals, creates a network effect that fuels organic growth. Community governance tokens give participants a voice, aligning incentives between developers and users. From a broader market perspective, low‑fee DEXs like Biswap could pressure larger incumbents to reconsider their fee models. In practice, I’ve seen my transaction costs drop by nearly half when switching from PancakeSwap to Biswap for similar trade sizes. All things considered, Biswap v2 presents a well‑rounded package for both novice and seasoned traders looking for efficiency and flexibility.

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    lalit g

    March 31, 2025 AT 14:15

    It’s insightful how you balance the technical benefits with the inherent risks; a measured approach really serves the community well.

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    Reid Priddy

    March 31, 2025 AT 15:55

    While the hype around sub‑0.1% fees is tempting, one must consider that ultra‑low fees can erode the incentive structure for liquidity providers, potentially leading to thinner order books over time. Moreover, the reliance on token burns as a deflationary mechanism is not a panacea; it merely shifts value without guaranteeing sustainable growth. The referral program, though lucrative on paper, can create pyramid‑like dynamics that may attract speculative behavior rather than genuine utility. In short, the platform’s promise is alluring, but the long‑term economic resilience remains uncertain.

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    Shamalama Dee

    March 31, 2025 AT 17:35

    Great points, Reid. To add, the tokenomics could be fortified by periodically reallocating a portion of the burn proceeds into a community treasury, ensuring continuous liquidity incentives. Encouraging transparent governance proposals would also mitigate the risks you highlighted. Keep the discussion grounded in data, and the ecosystem will benefit.

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    scott bell

    March 31, 2025 AT 19:15

    Listen guys Biswap v2 is like a rocket ship blasting past the fee monsters of old DEXes It gives you that sweet 0.1% slice and then some You can farm earn trade all in one place without the heavy hand of massive fees If you love the thrill of 100x leverage it’s right there waiting but remember the danger behind the hype This platform isn’t just a gimmick it’s a statement about where DeFi should head next

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    vincent gaytano

    March 31, 2025 AT 20:55

    Oh sure, because nothing says “secure future” like handing users a lever labeled 100× and hoping they don’t pull it all the way to the floor. The “statement” you speak of might just be a billboard for reckless speculation.

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