Biswap launches NFT Marketplace including NFT Staking
Biswap NFT staking

Biswap launches NFT Marketplace including NFT Staking


Biswap is my favorite DEX on the Binance Smart Chain besides Pancakeswap. Not only the exchange fees on Biswap are lower but also the APYs are higher than on Pancakeswap.

The big news that I am sharing with you today is that Biswap will launch a marketplace for NFTs at the beginning of November including the possibility to stake them.

 

What Is Biswap?

Biswap is a decentralized exchange platform where you can swap BEP-20 tokens on the Binance Smart Chain. You can compare it to PancakeSwap in its early stages. It has all the benefits from the Binance smart chain like fast transactions at low transaction costs. 

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The fees for swapping on Biswap are lower than on PancakeSwap, currently 0,1%. The APYs, on the other hand, are much higher.

Biswap has a strong community and has already found its way into the TOP 10 DEXs by value locked on the Binance Smart Chain.

You need to have some Binance Coin and some Biswap tokens in a non-custodial wallet to take full advantage of Biswap.

You can buy some BNB over on Binance and withdraw the Binance Smart Chain version to your private wallet. Connect your wallet to Biswap and swap some of your BNB to BSW. 

 

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NFT Marketplace and staking

Between the 6th and 13th of November, Biswap will launch its own decentralized marketplace for NFTs including the possibility to stake them for rewards. They are stating that this will be the most progressive NFT marketplace on the Binance Smart Chain.

Along with the launch, Biswap will also present a limited Biswap NFT collection. Users of Biswap's NFT marketplace will have a chance to get exclusive NFTs as part of the initial sale.

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You will be able to buy and sell NFTs with BSW, BNB, BUSD, USDT.

The commission fee will be divided into two parts: 50% will go to the Weekly BSW Token Burn, and the other 50% will be allocated for the NFT Marketplace Staking Pool.

You will not only be able to put your NFTs up for sale but you will also be able to take part in a guaranteed staking pool on Biswap NFT Marketplace.

Your NFTs on Biswap will have a flexible utility which means that they can be used in multiple ways, from buying, staking, upgrading, to selling. This will bring you worthy crypto profit. The Biswap NFT series is more than just a limited collection of Biswap NFTs as it also works for various upgrading on the platform that will later result in advantageous crypto incomings.

Biswap NFT staking & earn

 

My Final Words

If you like the low transaction fees of the BSC network and if you like NFTs, then I am sure that you will also love the upcoming Biswap NFT marketplace.

I don't know if there will be some kind of airdrop for those who are already using Biswap right now. However, from my experience, I know that interacting will decentralized applications can be quite beneficial. 😉

I am also interested to know if you have already used 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 as well as of the upcoming launch of the NFT marketplace including the NFT staking option. My intention is not to replace your own research.

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You may also like: Ways To Generate Passive Income On Binance - Earn Crypto While You Sleep

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