Biswap - Let's FOMO into this new cheap DEX

When I went through my daily routine of claiming my staking rewards on BetFury I noticed I had a new Coin in my wallet. There were 10 BSW which are worth about 9$ right now. Since I wasn't in the mood to gamble it all away, I looked up what else I can do with the Coin.

Turns out it belongs to a new DEX, launched 24th of May, and like many other DEFI Projects it got absurd staking rewards in these early days.

I already earned my first cent for only staking 8$ worth for an hour. If the graph at Poocoin is correct then BSW is super volatile and 1$ is rather close to the bottom range, so I just YOLOed in for 0.2 BNB while writing this post. The Market Cap is quite low with 19 Mil USD and I think the Betfury Airdrop was a really smart idea, worked on me at least.

Biswap claims to be the cheapest exchange there is, I have no way to verify this, but so far the transaction fees were quite low ranging from 14 cent USD to 0.001 BNB.

The 3-Layer referral system

Well, to make such a fancy name for the referral system is kind of meh, but it is actually quite a nice one: On the referral page you have the option to create referral links where either 0%, 10%, 25% or 50% of your referral rewards go to the friend you are referring. I think this is a really nice incentive for the one using the referral link. Here is my 25% referral link and here is my 50% one.

Disclaimer: Investments like these have a high risk, be prepared to lose all the money you put in and do your own research, I am not a financial advisor, this is not financial advice

Posted Using LeoFinance ^Beta