Biswap
BSW
₹5.74
LIVE
24H Low ₹5.54
24H High ₹5.74
Price of BSW today
The current live price of BSW today is ₹5.74, with a 24-hour trading volume of ₹11,81,36,582.20. Our BSW to INR price is updated in real-time. BSW has seen a increment of 3.52% in the last 24 hours. With a live market cap of ₹2,82,55,37,077.15 , the circulating supply is at 493,225,920 BSW coins, with a maximum supply of 700,000,000BSW coins.
Biswap Price History
| Date Comparison | Amount Change | % Change |
|---|---|---|
| Today | ₹0.19 | 3.51% |
| 7 Days | -₹0.28 | 4.62% |
| 30 Days | -₹0.30 | 4.91% |
| 1 Year | -₹2.24 | 28.07% |
Biswap Price Information
Price Change (1hr)
3.23%
Price Change (24hr)
3.51%
Price Change (7d)
4.62%
Biswap Market Stats
Market Cap
₹2,82,55,37,077.15
Fully Diluted Market Cap
₹4,01,00,81,128.85
24hr Volume
₹11,81,36,582.20
27.78%
Circulating Supply
493225920 BSW
Total Supply
700000000 BSW
Things to know about Biswap
What is Biswap (BSW)
Utility token for the Biswap decentralized exchange (DEX) on the BNB Chain
Lowest trading fees in DeFi space at 0.2%
Supports gaming platforms, yield farming tools, and automated market maker (AMM) for token swaps
Tokenomics
Maximum supply: 700 million BSW tokens
Contract address: 0x965F527D9159dCe6288a2219DB51fc6Eef120dD1 on BSC Chain
The deflationary mechanism through monthly token burns
Over 44,507,119 BSW tokens burned as of today
Market Data (as of #{todayDate})
As of today 27 July 2024, the price of Biswap is ₹5.74 INR, with a 24-hour trading volume of 1277152.24 USD. The market capitalization for Biswap is 30546346.78USD. The circulating supply is 493225920 Biswap, with the total supply also being 636495417 Biswap.
Token Pros and Cons
Pros
Low trading fees
Deflationary token model through regular token burns
Multi-utility token with various use cases within the Biswap ecosystem
Access to yield farming and liquidity provision opportunities
Cons
The price of BSW can be highly volatile.
The team behind Biswap is pseudonymous.
Why Should You Invest in the Coin
Potential for decentralized exchanges and Biswap's specific advantages, such as low fees and deflationary token model
Investment decisions should be based on thorough research and consideration of personal risk tolerance.
Unique Selling Points (USP)
Lowest trading fees in the DeFi space
Innovative features like a token-burning mechanism and various tools for earning and participating in the platform's governance
Problem the Coin is Solving
High fees and limited earning opportunities in decentralized finance
Providing a platform with low transaction costs and multiple avenues for users to earn rewards through activities like trading, farming, and staking
Founder and Team Background
Founded in 2021 by a team of anonymous individuals
CEO, known as EK, is a crypto veteran with seven years of experience in the crypto space
The rest of the Biswap team has several years of experience in their respective areas.
ICO Price
Initial Coin Offering (ICO) in March 2022 with 1 BSW = 0.3434 USD
Fundraising goal: sell 436,809 tokens out of a total supply of 700,000,000 BSW tokens
Returns since the ICO: 0.27x in USD, 0.31x in ETH, and 0.27x in BTC
Risks Associated with Investing in the Coin
Market volatility
Regulatory changes
Technological issues
The pseudonymous nature of the team, which could affect trust and accountability
General risks of investing in cryptocurrencies
Whitepaper Insights
The Biswap V3 Whitepaper outlines the design and implementation of the first decentralized exchange protocol on the BNB Smart Chain. The new Automated Market Maker (AMM) version introduced in Biswap V3 utilizes a novel discretized concentrated liquidity mechanism. This mechanism aims to enable more efficient utilization of liquidity, which is expected to lead to increased trading volumes and higher profits for liquidity providers (LPs). Biswap V3 is designed to operate on the Ethereum Virtual Machine, and it focuses on ensuring a stable Annual Percentage Rate (APR) by boosting trading volumes and LP profit. The protocol combines concentrated liquidity from LPs with one-off liquidity from limit orders. This integration allows for minimal price slippage on trades while providing the flexibility of limit orders. The introduction of Biswap V3 is intended to enhance the DeFi ecosystem by offering LPs greater capital efficiency, control, and flexibility.
Returns Calculator
Investment Amount
Investment Period
Returns
₹9250
0%
BSW to Converter
Quantity
BSW
Price
₹
Price as per 12:34 AM • 27 Jul 2024
Have a question not answered?
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What is the price of Biswap (BSW)?
The current price of Biswap (BSW) in INR is ₹5.74 INR.
What is the current BSW market cap?
The current market capitalization of Biswap (BSW) is ₹2,82,55,37,077.15 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of BSW by the number of coins in circulation.
What is the current supply of Biswap (BSW)?
The current supply of Biswap (BSW) is 493225920 BSW. This figure represents the total number of coins that have been mined and are currently in circulation.
What is the 24 trading volume of Biswap (BSW)?
The 24-hour trading volume of Biswap (BSW) in INR is ₹11,81,36,582.20. This figure represents the total value of all BSW transactions across various exchanges within the last 24 hours.
How to Buy Biswap (BSW) in India?
To buy Biswap (BSW) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in BSW.
Can I buy Biswap (BSW) with UPI?
Yes, you can buy Biswap (BSW) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.
How to Convert Biswap (BSW) to Indian Rupee (INR)?
To convert Biswap (BSW) to Indian Rupee (INR), you can use our BSW/INR conversion rates in real time.
