2 Ways to Earn Passive Income With BSW(Biswap) Crypto Token as an Investment

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Assalam-o-Alaikum Steemians !

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I'm @moneyster, a professional level Cryptocurrency investor and an analyser. Today I thought to share my Crypto-related experience with you. I hope this article will be considerably beneficial for all the Steemians in this community

Earn Passive Income With BSW(Biswap) Crypto Token as an Investment

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• INTRODUCTION OF BSW(Biswap) TOKEN

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We all know, there are a lot of Crypto Exchanges in the world including Centralized and Decentralized exchanges. So, the Biswap is a Centralized exchange which is working as a simple swapping platform.

This token is built on the Binance Smart Chain blockchain and we can use this token to swap BEP-20 related tokens such as BUSD, CAKE and BAKE.

The most interesting thing about this token is that its official exchange platform offers a lot of beneficial investment services with this BSW token. As an example, we can farm this token by staking this Token in the https://biswap.org/farms site.

The Team has burned a considerable amount of BSW tokens from its circulation supply to increase the value of this Token. Nearly, this token has listed on the Binance exchange and we can also use the Binance exchange to stake these Tokens to get higher APY.

_{Screenshot Source- www.biswap.org/pools/stake_bsw^Location}

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Method 1 - Stake BSW in the Binance Exchange

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As I said before, the Binance exchange has listed this Token as Trading Pairs in their platform with different currency pairs including BSW/USDT and BSW/BUSD.

So, we can convert our USDT into BSW Tokens and then we can stake them in the Binance earn wallet. Below I have attached a screenshot to demonstrate it.

_{Screenshot Source- www.binance.com/en/earn/bsw^Location}

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Method 2 - Stake BSW in the Biswap Exchange

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Biswap is the official decentralized exchange platform that is designed to swap BEP 20 based tokens including BSW tokens. At the same time, they provide higher APY to stake this BSW token in this platform. It means, we can stake BSW tokens for a considerable duration and then we can earn daily rewards from BSW tokens.

Also, we can farm BSW Tokens through https://biswap.org/farms URL to mine new BSW tokens with a higher APY. Below I have included a screenshot to demonstrate this platform.

_{Screenshot Source- www.biswap.org/pools/stake_bsw^Location}

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I have studied the below sources to further study these topics and I have explained all the above facts in my own words.

• Source 1

• Source 2

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Thank you all....!