What is BSwap?
BSwap, also known as
Binance Liquid Swap, is a decentralized, open-source protocol for trading digital assets. It is a decentralized exchange (DEX) that allows users to trade digital assets without the need for a third-party intermediary. BSwap is powered by the Binance Chain blockchain and is designed to provide a secure and efficient trading experience.
How Does BSwap Work?
BSwap works by allowing users to create and manage their own trading pools. Each pool is a decentralized pool of digital assets that can be used for trading. Users can deposit their digital assets into the pool and can then trade against other users in the pool. The pool also allows users to set their own trading fees and to customize their trading strategies.
What is the BSwap Pool Fee?
The BSwap pool fee is the fee that users pay when they use the BSwap protocol to trade digital assets. The fee is based on the amount of digital assets that are being traded and is charged as a percentage of the total transaction value. The BSwap pool fee is set by the pool creator and is typically between 0.2% and 0.5%. The fee is used to cover the costs of running the pool and to incentivize users to participate in the pool.
Conclusion
In conclusion, BSwap is a decentralized exchange protocol that allows users to trade digital assets without the need for a third-party intermediary. The BSwap pool fee is the fee that users pay when they use the BSwap protocol to trade digital assets. The fee is based on the amount of digital assets that are being traded and is typically between 0.2% and 0.5%.
