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Convert
Thai Baht (THB) to Biswap (BSW) Instantly

THB THB
BSW BSW
Buy Biswap (BSW)

Purchase Biswap (BSW) with Thai Baht (THB) 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 THB to BSW Pair

    Select your preferred payment method and enter the amount.

  2. Step 2 illustration
    02

    Enter Your Biswap Wallet Address

    Provide your BSW wallet address and proceed with the payment.

  3. Step 3 illustration
    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 most common method for converting Thai Baht (THB) to Biswap (BSW)?

    Typically, there isn't a direct THB/BSW trading pair. The standard process involves using a fiat on-ramp, such as a local Thai cryptocurrency exchange, to buy a major asset like BNB with THB via Thai bank transfer or PromptPay. Afterwards, you transfer the BNB to a self-custody digital wallet compatible with the BNB Smart Chain and use a decentralized exchange (DEX) like Biswap to swap your BNB for BSW, which is a BEP-20 token.

  • What is Biswap (BSW) and its role in the BNB Smart Chain ecosystem?

    Biswap is a decentralized exchange (DEX) running on the BNB Smart Chain. It utilizes an Automated Market Maker (AMM) model to facilitate token swaps. Its key feature is transaction fee mining, where users get a percentage of trading fees back in BSW tokens. The BSW token is used for staking, yield farming in liquidity pools, and participating in the Biswap Launchpad for new project offerings, making it integral to its GameFi and NFT marketplace features.

  • What type of digital wallet is required to store BSW tokens securely?

    To hold BSW, you need a digital wallet that supports the BNB Smart Chain (BSC) and the BEP-20 token standard. Popular self-custody options include MetaMask, Trust Wallet, and Binance Chain Wallet. It is crucial to securely back up your seed phrase and never share your private keys, as you are in full control of your digital assets with these wallets.

  • What fees are involved in the process of buying BSW with THB?

    The multi-step conversion from THB to BSW involves several potential fees: 1) A deposit or trading fee on the Thai exchange when buying BNB with THB. 2) A network withdrawal fee to move BNB from the exchange to your wallet. 3) A BNB Smart Chain network gas fee for executing the swap transaction on Biswap. 4) The Biswap DEX trading fee itself, although Biswap is known for its transaction fee mining feature which can return a portion of this fee to you in BSW.

  • Do I need to complete KYC to purchase BSW with Thai Baht?

    Yes, for the initial fiat on-ramp step. Any centralized cryptocurrency exchange licensed in Thailand will require you to complete Know Your Customer (KYC) and Anti-Money Laundering (AML) verification to deposit THB and trade. However, the second step, which involves swapping BNB for BSW on a decentralized exchange like Biswap, is typically non-custodial and does not require personal KYC.
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