Categories: Tech and Gadgets

Why TapSwap Banned Nigerians | Everything You Need To Know About Making Money With TapSwap

Nigerians excited about the TapSwap crypto-mining app are facing issues accessing it, as the app has been restricted.

Social media reports indicate that the site doesn’t load or complete transactions when using a Nigerian internet connection.

However, users have found a workaround by using Virtual Private Networks (VPNs) to bypass the restrictions.

Many affected users are expressing frustration and seeking explanations. Some have wondered if Tapswap intentionally blocked Nigerian users.

Tapswap released a statement clarifying that the restriction is not targeted at Nigerians specifically.

They explained that the verification requirement was implemented to counter DDoS attacks originating from the region.

Dear Nigerian community, we’ve heard concerns about limiting access to users from your country, but we want to clarify that this is not the case.

“We had to enable verification for the region from where DDoS attacks were initiated. As promised, we will disable this once our infrastructure is fully adapted.

“We deeply appreciate every member of our community from all around the world and always welcome you here. Thank you for your understanding and support,” the company wrote on X.

Tapswap involves tapping an icon in the center of the Telegram Tapswap bot screen to mine coins.

The Tapswap craze follows the success of Notcoin, which helped many Nigerians earn significant profits through crypto-mining.

What is Tapswap?

TapSwap is a decentralized finance (DeFi) project similar to Notcoin, both using phone-based mining games.

The key difference is their underlying blockchain technology: Notcoin operates on the Ton blockchain, while TapSwap uses the Solana network.

Despite limited information about TapSwap’s development team, the project has a global community of 20 million members, surpassing Notcoin’s 6.5 million Telegram users.

Earning Tap tokens (TAPS) in TapSwap involves interacting with their Telegram bot. By tapping the bot’s interface, you accumulate points that determine your rank among other users.

This gamified approach makes crypto mining accessible without needing expensive hardware or technical expertise.

With the token launch rumored for May 30, there’s still time to join the tapping frenzy.

How does TapSwap work?

Imagine a game on Telegram where you tap on an icon to earn Tap tokens. The more you tap, the higher your score and the more tokens you earn, like a tapping competition.

Similar to some mobile games, TapSwap lets you unlock boosters and complete tasks to increase your earnings. You can also invite friends to play and get bonus referral tokens.

The goal is to collect as many Tap tokens as possible, which you can exchange for something more valuable on the Solana blockchain.

What is the Tap token?

The aim is to collect as many Tap tokens as possible and exchange them for real Tap tokens ($TAP) when TapSwap launches on the Solana blockchain later this month.

TapSwap has a limited supply of 1 billion Tap tokens, potentially increasing their long-term value. Here’s how the tokens will be distributed:

  • 50% goes to active community members.
  • 30% is allocated to the TapSwap treasury for platform development.
  • 20% is split between the TapSwap team, advisors, and liquidity reserves.

The Tap token ($TAP) is the official currency within the TapSwap ecosystem, used for transactions and governance. While there’s no official price yet, some sources estimate their value around ₦1.5-1.7 per token.

How to start earning Tap tokens with TapSwap:

  1. Download Telegram: Get the Telegram app from the Google Play Store or App Store.
  2. Activate the TapSwap Bot: Click this link to connect to the TapSwap Telegram Bot.
  3. Start Tapping: Follow the bot’s instructions and tap your screen! Each tap earns you points, contributing to your overall score and ranking.

Bonus Tip: Complete tasks like joining their social media channels for extra coins. Check the “tasks” section and the “boost” section for additional ways to increase your earnings.

How to withdraw TapSwap coins to your Wallet

  1. Accumulate enough Tap tokens through the Telegram bot.
  2. Wait for the launch and check the swap rates. Convert your Tap tokens to official Tap ($TAP) tokens on the Solana blockchain.
  3. Transfer your $TAP tokens to a compatible Solana wallet.

FAQs on TapSwap mining

  • Will Tapswap be listed? There’s no official confirmation yet, but rumors suggest Bybit might be the first exchange to list Tap tokens (TAPS).
  • Is TapSwap Coin legit or a scam? TapSwap is a free game to earn tokens. It’s not clear if it’s a scam, but typically scams require upfront costs, which TapSwap does not. Do your research before participating.
  • TapSwap Coin Price: The price isn’t official yet, but it’s predicted to be around $0.0001 per token (10k = $1) once listed on exchanges.
  • How much will the TapSwap coin be worth? It’s tough to predict, but launching on Solana and rumors of a TapSwap DEX are positive signs.
  • When will TapSwap launch? Unconfirmed reports suggest May 30. Join their Telegram community for updates.
  • How can I connect TapSwap to the Solana wallet? Choose a compatible Solana wallet like Phantom, access TapSwap, and follow prompts to authorize the connection.
  • Can Tapswap be withdrawn? Yes, you can withdraw TapSwap coins by converting them to TAPS tokens on the Solana blockchain and transferring them to your Solana wallet.
  • What is Tapswap to Solana’s price? As of the latest data, around 0.00002522 USD on Raydium.
  • What is TapSwap to USDT price? Convert the Tapswap to SOL price to estimate in USDT.
Tobias Sylvester

Tobias Sylvester is the news editor for Kanyi Daily News and is based in Lagos. Contact Tobias at editor@kanyidaily.com. Got a confidential tip? Submit it here

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