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  3. Singapore Dollar (SGD) to Biswap (BSW)

Convert
Singapore Dollar (SGD) to Biswap (BSW) Instantly

SGD SGD
BSW BSW
Buy Biswap (BSW)

Purchase Biswap (BSW) with Singapore Dollar (SGD) easily at Switchere and benefit from fast, secure transactions.

About
Biswap (BSW)

Biswap (BSW) is a prominent decentralized exchange (DEX) built on the BNB Smart Chain, engineered to offer a low-cost trading environment for digital assets. Operating on an automated market maker (AMM) protocol, Biswap distinguished itself by providing some of the lowest transaction fees within the DeFi sector, attracting users seeking efficient token swaps. This platform facilitates peer-to-peer trading directly from users' wallets, leveraging the speed and low gas costs of the BSC ecosystem.

The core of the platform is its native utility token, BSW. A key innovation is the transaction fee mining model, where a percentage of trading fees is returned to users in BSW tokens, incentivizing trading volume. BSW also serves as a governance token, empowering holders to vote on protocol upgrades and changes. Users can utilize BSW for yield farming, staking in Launchpools to earn new tokens, and providing liquidity to pools, earning passive income through LP tokens. The unique three-type referral system further enhances its growth model.

Beyond being a crypto exchange, Biswap has evolved into a multifaceted DeFi hub. It has expanded its offerings to include an integrated NFT marketplace and GameFi through its Squid NFT World, providing diverse earning avenues. As a comprehensive DeFi application, Biswap stands as a significant competitor on the BNB Chain, providing a robust and cost-effective infrastructure for decentralized finance activities secured by smart contracts.

Biswap (BSW)

How to Buy Biswap (BSW)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose SGD to BSW Pair

    Select your preferred payment method and enter the amount.

  2. 02

    Enter Your Biswap Wallet Address

    Provide your BSW wallet address and proceed with the payment.

  3. 03

    Receive Your Biswap

    Complete the payment, and your BSW will be sent to your wallet.

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Frequently asked questions

  • What is the typical process for buying Biswap (BSW) with Singapore Dollar (SGD)?

    Direct SGD/BSW pairs are uncommon. The standard method involves using a Singapore-based fiat on-ramp regulated by MAS to purchase a base cryptocurrency like BNB with SGD, often via PayNow or FAST transfer. You then transfer the BNB to a self-custody digital wallet that supports the BNB Smart Chain (BSC). Finally, you connect your wallet to the Biswap decentralized exchange (DEX) to swap your BNB for the BEP-20 BSW token.

  • Why is Biswap (BSW) primarily traded on the BNB Smart Chain?

    Biswap is a decentralized exchange (DEX) built as an Automated Market Maker (AMM) specifically on the BNB Smart Chain (BSC). This blockchain was chosen for its high transaction throughput and significantly lower gas fees compared to other networks like Ethereum. As BSW is the native BEP-20 governance token of the Biswap protocol, its primary liquidity and utility, including yield farming and staking in its Multi-reward Pool, are centered within the BSC ecosystem.

  • What are the primary fees when converting SGD into BSW?

    The conversion from SGD to BSW involves multiple fee stages. First, the fiat on-ramp exchange may charge a deposit or transaction fee for your SGD purchase of a base crypto. Second, you'll incur a network fee (gas fee), paid in BNB, for transferring the asset from the exchange to your wallet on the BNB Smart Chain. Finally, Biswap itself charges a very low trading fee (e.g., 0.1%) for executing the swap from BNB to BSW on their AMM platform.

  • What are the benefits of using Biswap's platform after acquiring BSW tokens?

    Holding BSW tokens unlocks the full potential of the Biswap ecosystem. You can participate in yield farming by providing liquidity to various pools to earn BSW rewards. The tokens can also be staked in Biswap's Launchpools and its unique Multi-reward Pool to earn other valuable tokens. Furthermore, BSW holders can participate in the platform's GameFi projects and benefit from its innovative three-type referral system.

  • Are there MAS-regulated exchanges in Singapore that list BSW directly?

    Currently, major centralized exchanges in Singapore that are regulated by the Monetary Authority of Singapore (MAS) do not typically offer direct trading pairs for DeFi tokens like BSW. The primary function of these platforms in this context is to act as a secure fiat on-ramp, allowing you to convert SGD into widely adopted cryptocurrencies like BNB. Accessing BSW requires moving to the decentralized finance ecosystem on the BNB Smart Chain.
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