One of my favorite newly-discovered projects this year is the Biswap DEX. During this year it has already developed extremely well. Meanwhile, Biswap has become so much more than just a DEX that allows you to swap your tokens. 

Biswap doesn't stop here. There are more exciting developments in the work. Let me show you what has been achieved so far and what's coming next to the Biswap DEX.

Achievements So Far

Biswap started as a simple DEX on the Binance Smart Chain similar to Pancakeswap. You were able to swap and exchange your BEP20 tokens or you could provide liquidity. The coolest feature at the beginning was the Biswap Launchpool where you can farm newly issued tokens by staking $BSW.

Over time, more and more features had been added to the DEX like a Biswap Lottery.

In my opinion, one of the most important updates this year was the introduction of NFTs to Biswap including an NFT marketplace and an NFT Earn program allowing you to stake your NFTs and earn rewards. With it also came a GameFi (Play to Earn) integration.

If you like to know more about NFTs on Biswap, you might want to check out one of my previous posts here on Publish0x: Biswap launches NFT Marketplace including NFT Staking

At the end of this year, just recently, Yesterday, Biswap enrolled a new exciting feature - Initial DEX Offerings (IDO). Similar to the Binance Launchpad, you can buy new tokens directly on Biswap. I also covered this topic in one of my previous posts on Publish0x. If you like to know more about the IDOs on Biswap, you might want to continue reading here: The Biswap IDO Launchpad Lets You Buy New Tokens Like On The Binance Launchpad

Work In Progress and Future Plans

The achievements of Biswap so far are quite impressive, so what's next?

Biswap is already working on improvements for the Biswap marketplace and innovative improvements for the newly introduced Launchpad system. Simultaneously they are working on updates for the play to earn Squid NFT Wolrd.

What will be new are limit orders on the DEX and charts displayed on the Exchange Page. Biswap also stated that they will bring new exclusive opportunities to BSW holders, whatever that exactly means. I have no idea but I am hoping for a nice surprise.

Now comes the most important work in progress in my opinion: Listing on the main crypto exchanges. I believe that this is an achievable goal as Biswap is the second popular DEX on the Binance Smart Chain right behind Pancakeswap. As Biswap is running on the Binance Smart Chain, a listing on the Binance Exchange is very likely to come. With the listing on Binance, there could be a nice move for the price of $BSW, especially because a bigger marketing promotion campaign will follow.

The future plans for the Biswap DEX are also very ambitious. Besides a personal user's dashboard and daily tasks for users, Biswap is planning to go multi-chain by connecting to new networks. This would also be a huge step forward for Biswap as I always believed that the future of cryptocurrencies is multi-chain.

Another awesome plan that will bring Biswap a big step forward is the introduction of borrowing and lending.

My Final Words

Considering what has already been achieved during the last year and the future developments, I believe that the potential for Biswap and its native token $BSW are still huge.

I am also interested to know if you are already using Biswap or if you are going to check it out. Please, let me know in the comments. 🤓

At the end of my post, I also like to remind you that my intention in this post is to raise your awareness of Biswap and my intention is not to replace your own research.

I hope that I could provide you. with some interesting and useful information and if this is the kind of stuff that you like to read on Publish0x, make sure to hit that follow button. Thank you guys as always for reading, liking, following, and tipping 👍 

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You may also like: Biswap launches NFT Marketplace including NFT Staking

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