DEXes · Review
ActiveBiswap Review 2026: A Low-Fee BNB Chain DEX and Its Risks
Biswap is a decentralized exchange on BNB Chain that lets users swap tokens and provide liquidity, and it has its own BSW token. Its main draw is low swap fees, but the sources available are mostly third-party pages, so the safety picture is mixed.
By the DappsAtlas editorial team · Updated
DappsAtlas score
5.8/10
Mixed
Our verdict on Biswap
5.8/10Biswap suits people who already use BNB Chain and want low-cost token swaps, with the option to provide liquidity or buy NFTs in the same app. Its main strength is the fee level that third-party sources report. The main caveat is security: the sources conflict on audit status, the project's own audit reports and team details are not public, and any DEX carries smart-contract and token-price risk. Check the current fee and audit documents before depositing funds.
Score breakdown
How Biswap scores
- Security
- 4.5/10
- Ease of use
- 7.0/10
- Fees
- 7.0/10
- Features
- 6.0/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Biswap?
Biswap is a decentralized exchange on BNB Chain. It lets users swap tokens directly from a self-custody wallet and deposit tokens into liquidity pools. The project also offers an NFT marketplace and has a token called BSW.
Third-party write-ups consistently describe Biswap as a DEX focused on low fees and fast trades on BNB Chain. One source describes it as a DEX on the Binance Smart Chain offering fast, low-cost trading, and another calls it one of the lower-fee DEXs on that network.
the public information available do not include the project's own homepage, so details about its team, governance and roadmap are not published publicly. Readers should check the official site and its documentation for current product details before using it.
How Biswap works
Biswap is an automated market maker, which means trades happen against pools of tokens rather than matching buyers with sellers. Each pool holds two tokens. When someone swaps one for the other, the price adjusts based on the ratio of tokens left in the pool.
Liquidity providers deposit an equal value of both tokens into a pool. In return they receive a share of the trading fees paid by people who swap through that pool. The more trading a pool sees, the more fees its providers can earn. Providers also take on the risk that the two tokens move apart in price, which can leave them with less value than if they had simply held the tokens.
Because Biswap runs on BNB Chain, transactions are settled on that network and users pay its gas fees. The project also runs an NFT marketplace and issues the BSW token, which the sources describe as used within the ecosystem.
4 features
Key features
01
Token swaps on BNB Chain
Users can swap tokens directly on BNB Chain from a self-custody wallet, using pools of tokens that other users fund.
02
Liquidity provision
Users can deposit tokens into liquidity pools and earn a share of trading fees. One third-party page reports that liquidity providers receive most of the fee.
03
NFT marketplace
Biswap has a built-in NFT marketplace. A third-party guide says it accepts several payment tokens, including BNB and USDT.
04
BSW token
BSW is the project's native token. Third-party tokenomics pages list a maximum supply of 700 million and a BNB Chain (BEP-20) contract.
Pros and cons
What we like
- Third-party pages consistently describe low swap fees, with a reported rate of about 0.1%.
- Runs on BNB Chain, a network with low transaction costs compared with Ethereum mainnet.
- Offers swaps, liquidity provision and an NFT marketplace in one product.
- BSW has a stated maximum supply of 700 million, which the tokenomics page lists.
Watch out for
- Several third-party pages disagree on the swap fee, so the current fee should be checked on the exchange itself before trading.
- One source lists Biswap as high risk on a token-audit ratings site, while another reports a CertiK audit. Readers should look at the audit reports directly.
- The BSW token has a fixed maximum supply, but the sources don't show how new tokens are released or how much the team holds, so token-related risks are hard to judge.
- Smart-contract risk applies to every swap and liquidity deposit, and a DEX on BNB Chain is also exposed to the price swings of the tokens it lists.
- Some promotional pages describe high earnings from providing liquidity. Those claims are marketing, not guaranteed returns.
Biswap fees
The project's own fee schedule was not public. Third-party pages report a swap fee of about 0.1%, with one page describing 0.2%. Liquidity providers may receive part of the swap fee, but the exact share is not confirmed by the project. BNB Chain network fees are paid on top of any protocol fee. Check the current rate in the app before swapping.
Is Biswap safe?
Audits: one third-party page says Biswap has been audited by CertiK. The project does not include the audit report itself, so its scope and date are unknown.
Counterparty and smart-contract risk: as a DEX, Biswap's pools and swaps run on smart contracts. Bugs or exploits in those contracts could lead to loss of funds, and no audit removes that risk. Users keep custody of their own tokens in their wallets, which means losing a seed phrase or sending funds to the wrong address cannot be reversed.
Regulatory status and incidents: the project does not state a regulatory license. One token-review site lists Biswap as high risk, and the project does not describe any past incidents. Trading DeFi tokens carries a risk of total loss. Crypto is not available to everyone, so check that using crypto services is legal where you live.
5 steps
How to get started with Biswap
- 1
Confirm the official Biswap website from a trusted source, since public reporting includes promotional pages.
- 2
Set up a self-custody wallet that supports BNB Chain.
- 3
Fund the wallet with BNB to cover network fees, along with the token you want to swap.
- 4
Open the swap screen, check the quoted rate and fee, and set a slippage limit.
- 5
Start with a small test swap before moving larger amounts, and review your transaction history afterward.
Who Biswap is for
Biswap is aimed at users who already hold BNB or BNB Chain tokens and want to swap them at low cost. It may also suit liquidity providers willing to accept impermanent loss and smart-contract risk in exchange for trading fees. It is less suited to users who need a regulated provider or strong protection against losses.
Biswap FAQs
What is Biswap?
Biswap is a decentralized exchange, or DEX, built on BNB Chain. Users connect a self-custody wallet and swap tokens directly from that wallet, without an account with Biswap. The project also has its own token, BSW, which third-party pages list with a maximum supply of 700 million.
What are Biswap's fees?
Third-party pages report a swap fee of 0.1%, and one page describes a 0.2% fee. The project's own fee schedule was not available publicly, so the current rate should be checked in the app before swapping. Network gas fees on BNB Chain are paid separately.
Is Biswap safe to use?
Sources disagree. One third-party page says Biswap has been audited by CertiK, while another lists it as high risk on a token-review site. The project doesn't include a published audit report, so readers should find the reports themselves before depositing funds.
Where can I see the BSW price?
Biswap is listed on several price-tracking sites, and the BSW price moves with the market. Price snippets in public reporting are time-stamped and change constantly, so they are not a reliable guide to current value.
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Guides
Guides about Biswap
DeFi
Biswap DEX Yield Farming: How Farms and Offers Work in 2026Biswap is a BNB Chain exchange that rewards liquidity providers with farm incentives and promotional offers. This guide explains how those farms work, how to tell a current offer from an expired or fake one, and how to judge the real return and risk before you deposit.
DeFi
Biswap User and Volume Growth: How to Read the 69% ClaimBiswap has been linked to a claim of higher new-user activity and a 69% rise in trading volume. This guide explains what that kind of figure measures, how to check it yourself, and what it does and does not tell you about the exchange.
Token
Biswap and the BSW Token Explained: DEX, Rewards and RisksBiswap is a decentralised exchange built on BNB Chain, and BSW is the token that powers its rewards. This guide covers how the platform works, what the token does, and what to check before you use either.
DeFi
Biswap Volume Up 69%: What the Claim Means in 2026A 69% volume jump at Biswap sounds strong, but the claim needs context. This guide explains how DEX volume and user numbers are measured, how to check them yourself, and what to weigh before trading on a smaller exchange.
DeFi
How to Yield Farm on Biswap DEX and Judge Its Offers (2026)Biswap is a DEX where you can earn trading fees and token rewards by providing liquidity and staking the resulting LP tokens in farms. This guide explains each step, how to read its promotional offers, and what to check before you commit funds.
How we checked
Sources
No public sources were recorded for this review.
Last updated . Spotted an error? Tell us and we will correct it.