An A-Z Guide on how to earn C98 on Biswap with Coin98 Wallet
Biswap is a decentralized trading platform and yield farming on BSC that has the lowest transaction fees in the crypto market today. Currently, users are able to not only trade the hottest tokens that generate high profits, but also take advantage from other activities such as providing liquidity, farming, participating in Launch Pools, referral program, competitions, and many other exciting programs!
Recently, Coin98 Wallet has successfully integrated with BiSwap, becoming one of the official cryptocurrency wallets of this DEX ecosystem, opening the door for many users to access the important benefits of multi-chain wallets, the leading DeFi gateway in Asia. Besides you can also swap C98 on Biswap, contribute BNB-C98 pair liquidity, farm C98/BNB to receive BSW or stake BSW to earn more C98.
In this article, I will guide you step-by-step through the process of earning profit on Biswap, especially how to stake BSW to receive C98 in the simplest and most detailed way.
How to start earning on Biswap
Download and install Coin98 Mobile Wallet
Biswap is now available on the Coin98 Mobile Wallet for both iOS and Android users.
Read the detailed instruction about how to use Coin98 Wallet.
Create a Binance Smart Chain (BNB BEP20) Wallet
As Biswap is an DEX on Binance Smart Chain, you need a Binance Smart Chain (BNB BEP20) wallet to start using it.
After installing Coin98 Wallet, you can refer to the guidelines below to create a BSC (BNB BEP20) wallet, or restore BSC wallets from other platforms to Coin98 Wallet.
- How to create a Multi-chain Wallet (recommended).
- How to create a Binance Smart Chain (BNB BEP20) wallet.
- How to import Binance Smart Chain (BNB BEP20) wallet from Metamask to Coin98 Wallet.
- How to import Binance Smart Chain (BNB BEP20) wallet from Trust Wallet to Coin98 Wallet.
If you are already a Coin98 Wallet user, you should import multi-chain wallets again to get updated with wallets on Binance Smart Chain (BNB BEP20), as well as other integrated blockchains on the latest version automatically.
On Biswap, whether you’re using USDT, BUSD or BNB, you need to transfer them all to your BEP20 wallet.
In case you’ve accidentally transferred your assets to a TRC20, ERC20 or SPL wallet, don’t worry, you can use the Coin98 Wallet Cross-Chain Bridge solution to convert them into BEP20 tokens directly in the app instead of transferring them to Binance and withdrawing them as BEP20 tokens. This is considered one of the best solutions that eases your journey through Biswap.
Prepare BNB to pay for the gas fee
Biswap uses BNB for the gas fee, therefore, to start earning on Biswap , you need to have BNB coin in your account.
Now everything’s ready, let’s start trading.
This guide includes the following main points:
- How to Swap C98 on Biswap.
- How to add liquidity for the C98-BNB pair on Biswap.
- How to farm C98/BNB on Biswap to earn BSW.
How to use Biswap on the Coin98 Mobile Wallet
To access Biswap , after logging in to your Coin98 Wallet account, click Browser on the home screen and select Biswap in the DApp Store.
After accessing the homepage, choose Connect Wallet → Select Coin98 Wallet from the list.
Normally, your BEP20 wallet on Coin98 Wallet will be automatically connected to Biswap. If you have more than 1 BEP20 wallet, you can easily select the desired wallet by clicking on the wallet option at the bottom right corner of the screen.
Let’s begin!
How to swap
On the home page, click Exchange on the above left navigation bar.
Step 1: Select the token and enter the desired amount from the list.
I’ll take the USDT and C98 pair as an example in this guide. If you want to Swap other tokens, you just need to choose the respective tokens. For those that haven’t been listed on the Biswap, you can still trade using their contract addresses.
Step 2: After reading the transaction information:
- Minimum received: The lowest number of the tokens you can swap.
- Price impact: Estimate the % difference in the confirmation time compared to the price on the screen.
- Trade fee: Transaction fee is 0.1%, of which 0.05% will be rewarded to the liquidity provider, 0.05% will be transferred to Biswap Treasury.
- Fee return: The amount of BSW tokens you can receive to compensate for transaction costs. You choose Swap.
Step 3: The system will pop-up transaction details again on the screen, if you agree, click Confirm Swap. The system will charge a very small fee to Swap, if you agree, click Send.
How to add liquidity
On the homepage, click Liquidity on the above left navigation bar.
Step 1: Click Add Liquidity.
Step 2: Select the token pair and the amount of each token and the liquidity pool. I choose the BNB-C98.
Step 3: Click Supply → Confirm Supply to make a liquidity contribution.
Step 4: Click Send if you agree with the fee of liquidity contribution
Step 5: If successful, the system will display the confirmation on the screen. You can review the detailed information below.
How to farm
Step 1: On the homepage, click Farms on the above left navigation bar.
Step 2: Select the Farm you want to join.
I will choose BNB-C98 farm as an example → Click Enable Farm. Biswap will then calculate a small fee to join the farm. If you agree, click Send.
Step 3: Click Stake LP to enter the amount of LP tokens you want to Stake. Click Confirm and transfer the confirmation fee.
After the transaction is completed, the system will display the exact real-time amount of BSW you’ve farmed. If you’d like to collect this amount, click Harvest.
How to stake BSW to earn C98
On the homepage, click Launch Pools on the above left navigation bar. Biswap has two staking options: stake BWS to earn a certain token or vice versa.
Step 1: Click Stake BSW.
Step 2: Select Stake BSW earn C98.
There are 2 staking options with the different maximum amounts of staked BSW (10 or 500) corresponding to different APR. I choose to stake Max 500 BSW → Click Approve BSW.
Step 3: The system will then calculate a small fee. Click Send to pay and complete this step.
Step 4: Click (+) to enter the amount of BSW you want to stake.
Step 5: Enter the amount you want to stake and click Confirm. The system will then calculate a small confirmation fee. Click Send to pay and complete this step.
Step 6: The system will display the exact real-time amount of C98 you’ve staked and the amount you’ll receive. If you want to keep staking, click (+), otherwise, click (-) to unstake BSW.
To receive C98 staked, click Harvest.
How to use Biswap on browser
From the homepage of Biswap, click Connect Wallet and select Coin98 Wallet on the list.
Click Connect to connect the wallet.
How to Swap
On the homepage, click Exchange
Step 1: Select the token and enter the amount you want to trade from the list.
I’ll take the USDT and C98 pair as an example in this guide, but you can choose other tokens as needed.
For those that haven’t been listed on the Biswap, you can still trade using their contract addresses.
Step 2: After reading the transaction information:
- Minimum received: The lowest number of tokens you can swap.
- Price impact: Estimate the % difference in the confirmation time compared to the price on the screen.
- Trade fee: Transaction fee is 0.1%, of which 0.05% will be rewarded to the liquidity provider, 0.05% will be transferred to Biswap Treasury.
- Fee return: The amount of BSW tokens you can receive to compensate for transaction costs. You choose Approve USDT.
Step 3: The system will charge a very small fee to Swap, if you agree, click Confirm.
Step 4: After successfully paying the fee, click Swap. The system will pop-up transaction details again on the screen, if you agree, click Confirm Swap.
How to provide Liquidity
On the homepage, click Liquidity.
Step 1: Click Add Liquidity.
Step 2: Select the token pair; enter the amount of each token you want to contribute to the liquidity pool. I will choose BNB-C98 pair.
Step 3: After reading the pool information, click Approve C98. The system will then calculate a small confirmation fee. Click Confirm.
Step 4: After successfully making the payment, click Supply → Confirm Supply to finish this step.
Step 5: The system will calculate the transaction fee for this step. Click Send to complete.
Step 6: If successful, the system will pop up the confirmation on the screen. You can review the liquidity information below.
How to farm
On the homepage, click Farms.
Step 2: Select the Farm you want to join.
I will choose BNB-C98 farm as an example → Click Enable Farm. Biswap will then calculate a small fee to join the farm. If you agree, click Confirm.
Step 3: Click Stake LP to enter the amount of LP tokens you want to Stake. Click Confirm and transfer the confirmation fee.
After the transaction is successful, the system will show the amount of BSW you have farmed over time.
If you want to harvest the amount of BSW you have staked, click Harvest.
How to stake BSW to earn C98
On the homepage, click Launch pools on the above left navigation bar. Biswap has two staking options: stake BWS to earn a certain token or vice versa.
Step 1: Click Stake BSW.
Step 2: Select Stake BSW earn C98.
There are 2 staking options with t hedifferent maximum amounts of staked BSW ( 10 or 500) corresponding to different APR. I choose to stake Max 500 BSW → Click Approve BSW.
Step 3: The system will then calculate a small fee. Click Confirm to pay and complete this step.
Step 4: Click (+) to enter the amount of BSW you want to stake.
Step 5: Enter the amount of the BSW tokens you want to stake and click Confirm. The system will then calculate a small confirmation fee. If you agree, click Confirm.
Step 6: The system will display the exact real-time amount of C98 you’ve staked and the amount you’ll receive. If you want to keep staking, click (+), otherwise, click (-) to unstake BSW.
To receive C98 staked, click Harvest.
Note:
- The default gas fee on Coin98 Wallet is set at the standard rate for the fastest speed at the most reasonable cost. You can adjust the gas fee according to your needs.
- In addition, you can participate in Biswap's Referral program to earn a certain commission reward from your friends swaps on Biswap and 5% from their earnings on Farms & Launchpools.
Why you should use Biswap on Coin98 Wallet
For both the newbies and the DeFi experts, using Biswap on the Coin98 Wallet DApp Browser brings undeniable benefits, such as:
Simple, easy to access
For the browser, Coin98 Wallet has been integrated into Biswap, you only need to access and connect the wallet with a single click.
Besides, the DApp Browser is integrated in the Coin98 Mobile Wallet for both iOS and Android users. Just by clicking Browser on the home screen, you’ll be seamlessly taken to the marvelous DApp world.
Minimized risks of scams
Coin98 Wallet constantly strives to find the most trustworthy DApps with great use cases while prioritizing users’ security and privacy. Coin98 Wallet directly integrates the exact addresses of all DApps on the app, which prevents the cases of searching and accessing fake DApps that steal users’ Private Keys/Passphrases, or swapping scam tokens.
The Cross-Chain Bridge
Considered as one of the innovative features of Coin98 Wallet, the Cross-Chain Bridge allows users to interact with Biswap easily. Now you can directly convert many token standards right on the wallet via Cross-chain Bridge without using third parties.
Numerous DApps
If you are inclined towards earning on Biswap after reading this article, why miss out on the great experience of trying other multi-chain DApps on the Coin98 Mobile Wallet DApp Browser?
Stay tuned for the upcoming planets that are about to be integrated into the Coin98 Wallet Universe!
Summary
I have introduced and shown you the detailed ways to optimize profits with Biswap. If there are any problems or questions during the process, please leave a comment below, Coin98 team will support you right away!
In addition, do not forget to follow the series Coin98 Earn to not miss any earning opportunities through Testnet, Airdrop, Play To Earn,,…. using Coin98 Wallet!