This article reviews what has happened at Biswap within the last month. The team was attentive in working on the AMM V3 contracts and other developments that will be presented to the crypto community in the future.
August Data Overview
Biswap DEX Statistics:
$44 384 586 774 Total Trading Volume
$90 734 434 Total Value Locked
$106 020 000 Trading Fee Saved
2 372 160 Total Users
608 000 Biswap Community
152 328 BSW Holders
📍The data as of August 30, 2023.
Biswap V3 Quest Winners Announcement
In August, Biswap announced a list of 20 lucky winners who have participated in the AMM V3 quest. They shared a well-deserved reward of $500 in BSW: https://biswap.cc/4740D27
Follow Biswap on social media to take advantage of rewarding and entertaining opportunities!
Biswap Website Access Policy Update
Effective from August 9, 2023, 04:00 PM UTC+0, our website implemented access restrictions for users from countries that are currently under sanctions imposed by the United Nations, the European Union (EU), and the United States (US). These measures were necessary to comply with international laws and regulations and to ensure that we adhere to the legal requirements set forth by the EU and US governments. Read this article for more information regarding the regulations: https://biswap.cc/3QwIVi7.
Despite the website’s policy update, Biswap DEX stays true to its principles of decentralization. The platform doesn’t have a central authority, it provides users with a high degree of anonymity in their transactions and beneficially offers peer-to-peer exchange. However, as DEXs help people trade across countries and serve users from around the globe, they need to follow each country’s rules and laws. Why? Each country has regulations to protect its citizens, prevent illegal activities, and ensure fair trading. By following these rules, DEXs can avoid legal issues, build user trust, and create a safer environment for everyone involved.Find out more about tandem of decentralized and international worlds: https://biswap.cc/3KTf93E
Binance Connect Wallet Shutdown
On August 15, 2023, Biswap DEX turned off Binance Connect on its website after the wallet’s shutdown. Binance made a difficult decision to disable Binance Connect on 15 August due to its provider closing the supporting card payments service. This change aligns with the strategic efforts of Binance to focus on its core businesses. In any case, the Biswap team is grateful for the possibility of collaborating with the Binance Connect wallet and having a mutual development impact on each other.
Biswap Blog Digest | New Articles are Published
The custom Blog of Biswap has been expanded with more articles in the recent month. We encourage you to read the fresh publications in case you’ve missed them.
Exploring ERC-20 & BEP-20 | The Difference of Token Standards
👉https://biswap.cc/3PjAG8h
Is Biswap a DEX? | Decentralized Compliance with International Regulations Explained
👉https://biswap.cc/3suugtG
What are Loans in the Digital World? | Crypto Lending Explained
👉 https://biswap.cc/3QbOxxZ
How to Read a Whitepaper? | Explore the Specifics of Blockchain Documents
👉 https://biswap.cc/45I5NiO
Closing Words
Currently, the Biswap team is attentively working on the upcoming releases, which are a part of the roadmap. We’re thankful for those who support us while we are developing! Stay with Biswap to experience V3 earning offers and further increase your crypto gains!
