Biswap (BSW) Airdrop: What’s Real, What’s Scam, and How to Earn Legitimately

There’s a lot of noise online about a Biswap (BSW) airdrop. You’ve probably seen ads promising free tokens if you just connect your wallet or click a short link. But here’s the truth: there is no official Biswap airdrop right now. And chasing fake ones could cost you your crypto.

Biswap is a decentralized exchange (DEX) on Binance Smart Chain. It launched in 2021 with a simple promise: trade crypto for just 0.1% in fees - half of what most platforms charge. It also lets users earn BSW tokens by providing liquidity, farming rewards, and staking NFTs. But it doesn’t hand out free tokens like candy. The platform’s official site says “EARN & GET AIRDROP,” but that’s vague marketing. It doesn’t list any active airdrop program, dates, or eligibility rules.

Why You’re Seeing Fake BSW Airdrop Links

Scammers love the word “airdrop.” It sounds free, easy, and exciting. Right now, a suspicious listing is floating around on CoinMooner, claiming you can get free BSW tokens by visiting a shortened URL: https://bit.ly/GetFreeBswTokenEvery5Minutes. The page tells you to open Trust Wallet, switch to Binance Smart Chain, and connect your wallet. Sounds simple, right? It’s a trap.

Here’s why this is 100% fake:

• The end date is December 31, 2050 - that’s 25 years from now. No legitimate project plans an airdrop for 2050.
• The link is shortened. Real projects use their own domain, like biswap.org.
• It asks you to connect your wallet to an unknown DApp. That gives scammers full access to your funds.
• Biswap has never used third-party sites to distribute tokens.

Security researchers warn that these scams are growing. Once you connect your wallet, they drain it. Not just the BSW you don’t have - your ETH, USDT, even your NFTs. One user in the Philippines lost $8,000 last month after falling for a similar “BSW airdrop.”

How Biswap Actually Rewards Users (Legitimately)

If you want BSW tokens, skip the scam links. Go straight to the source: biswap.org. The real way to earn BSW is through liquidity farming.

Biswap’s V3 farms let you deposit pairs like BSW/BNB or BSW/USDT into liquidity pools. In return, you earn BSW rewards - sometimes over 100% APR, depending on pool demand. The platform also returns 90% of trading fees to liquidity providers. That means every time someone swaps on Biswap, you get a cut.

Here’s how it works:

1. Go to biswap.org and connect your wallet (MetaMask, Trust Wallet, etc.).
2. Click “Farms” and pick a pair - BSW/BNB is the most popular.
3. Add liquidity by depositing equal values of both tokens.
4. Stake your LP tokens to start earning BSW.

Most users report setup takes 15-30 minutes. No complicated steps. No shady links. Just transparent smart contracts you can verify on BscScan.

There’s also an NFT Earn section where you can buy or stake NFTs to earn BSW. And a lottery system that gives away hundreds of thousands of BSW tokens weekly. But again - you have to trade or provide liquidity to participate. No free drops.

What Happened After Binance Delisted BSW

In July 2025, Binance stopped trading BSW. That sent the price down 15% overnight. It wasn’t a surprise - Binance had been tightening rules on low-liquidity tokens. But Biswap didn’t fold. Instead, they announced a new decentralization plan: shifting control to community governance and expanding their incentive program.

By June 2025, they launched a $10 million global incentive fund. It covers:

• 90% fee reimbursement for liquidity providers
• Grants for security audits
• Marketing support for new DeFi projects on their launchpad

This helped BSW bounce back - up 118% in the next 45 days. But the market is still shaky. As of October 2025, BSW trades at $0.007208 with a market cap of $8.6 million. Compare that to PancakeSwap’s $1.2 billion - Biswap is small, but it’s still running.

How to Spot a Fake Crypto Airdrop

Not all airdrops are scams. But most fake ones follow the same pattern. Here’s how to tell the difference:

• Real: Announced on official website, Twitter, or Discord. No shortened links.
• Real: You need to hold a token, complete a task, or stake for a period - not just connect your wallet.
• Real: Distribution happens within days or weeks, not 25 years from now.
• Fake: “Click here to claim free tokens!” - that’s always a scam.
• Fake: They ask for your private key or seed phrase. Never give that out.

When in doubt, go to the official site. Bookmark it. Don’t trust Google ads or Telegram groups.

What’s Next for Biswap?

Biswap’s future isn’t guaranteed. Losing Binance listing hurt its visibility. But its low fees and active farming ecosystem keep users around. The $10 million incentive fund shows they’re still investing. Whether that’s enough to compete with bigger DEXes like PancakeSwap or Trader Joe? That’s unclear.

One thing’s certain: if you want BSW, farm it. Don’t chase a ghost airdrop. The real rewards are in liquidity, not luck.