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Convert
Turkish lira (TRY) to Biswap (BSW) Instantly

TRY TRY
BSW BSW
Buy Biswap (BSW)

Purchase Biswap (BSW) with Turkish lira (TRY) 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 TRY 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 to buy Biswap (BSW) with Turkish Lira (TRY)?

    Typically, there isn't a direct TRY/BSW trading pair. The most common method is a two-step process: first, use a Turkish fiat on-ramp exchange to buy a major cryptocurrency like BNB or USDT with TRY via a bank transfer. After completing KYC/AML, transfer that digital asset to a BNB Chain-compatible digital wallet, then use the Biswap DEX or another exchange listing the BEP-20 token to swap it for BSW.

  • What is the primary function of the BSW token within the Biswap Automated Market Maker (AMM)?

    The BSW token is the native utility token of the Biswap DEX on the BNB Chain. Its primary functions include incentivizing liquidity providers through yield farming, staking in Launchpools to earn other tokens, receiving a portion of the platform's trading fees, and participating in governance. It is central to the protocol's automated market maker (AMM) model, rewarding users who contribute to the liquidity pools.

  • After acquiring BSW tokens with TRY, what kind of digital wallet is needed for secure storage?

    For secure storage, you need a non-custodial digital wallet that supports BEP-20 tokens on the BNB Chain. Popular choices include MetaMask, Trust Wallet, or hardware wallets like Ledger or Trezor for enhanced security. It is critical to securely back up your private keys or seed phrase and never share them, as this gives full control over your digital assets.

  • What are the advantages of BSW being a BEP-20 token on the BNB Chain?

    As a BEP-20 token on the BNB Chain, BSW benefits from low transaction fees and high throughput compared to other chains. This makes activities like swapping, yield farming, and participating in liquidity pools more cost-effective. It also ensures high composability within the vast and growing BNB Chain DeFi ecosystem, allowing for seamless integration with other dApps and protocols.

  • What potential fees are involved when converting TRY to BSW?

    The process involves multiple stages, each with potential fees. First, a fiat gateway fee for depositing TRY via bank transfer. Second, a trading fee on the initial purchase (e.g., TRY to BNB). Third, a BNB Chain network fee (gas) for transferring the asset to your wallet and for the final swap. Finally, the Biswap DEX itself has a small swap fee, a portion of which is redistributed to liquidity providers and used for BSW token buybacks.
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