Tapswap Launch Date: Crypto Expert Explains Differences Between Pool Launch Date and Listing Date

Tapswap Launch Date: Crypto Expert Explains Differences Between Pool Launch Date and Listing Date

  • A Nigerian man, who is a cryptocurrency expert, has explained in detail what miners should know about the Tapswap launch date
  • The man said there was a slight difference between the Tapswap pool launch date and the listing date
  • He noted that it was important for coin miners to be informed about the differences so as to know what to expect from Tapswap

A Nigerian cryptocurrency expert has explained the differences between the Tapswap listing date and the pool launching date.

The crypto expert Fidelis Ozuawala, said the Tapswap pool launch date was different from its listing date.

Crypto expert explains more about Tapswap launch date.
The crypto expert said there is a difference between the Tapswap launch date and the listing date. Photo credit: Facebook/Fidelis Ozuawala and X/Tapswap.
Source: UGC

Tapswap launch date

According to Fidelis, the pool launch date is when Tapswap would determine and allocate tokens to miners.

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He explained:

"Pool launch date as the date the token would be created or their smart contract created to share the rewards and all liquidity provided, often times some projects will raise funds for this or make all preparation that the pool is ready, a snapshot is also taken to know everyone's claimable rewards, and during this period you can now claim your Tapshares."

Tapswap listing date

On the other hand, he said the listing date is when Tapswap would be listed on an exchange and made available for trading.

His words:

"While listing date is when the token becomes tradeable, you can then transfer your tapshares from where ever ecosystem they listed into an exchange to sell off for cash or continue to hold."

Fidelis said if Tapwap is listed on Binance, traders would need a Binance Smart Chain BNB balance in their wallet.

He told Legit.ng:

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"A key to note is that if for example they launched on BSC Ecosystem, you would need Binance Smart Chain BNB balance in your wallet to serve as transaction fees for both claiming and transfers."

Man advises caution in trading $Davido coin

In a related story, a man had said it would be better to trade with caution while buying a new cryptocurrency called $DAVIDO.

The new coin launched by Nigerian singer Davido is trending online, with cryptocurrency enthusiasts talking about it.

But the Nigerian man said those who invest in the new $DAVIDO coin might have themselves to blame if they don't trade with caution.

Proofreading by Nkem Ikeke, journalist and copy editor at Legit.ng.

Source: Legit.ng

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Israel Usulor (Human-Interest editor) Israel Usulor is a journalist who has 9 years of experience. He worked at The Prime Newspaper and has published articles in TheCable Newspaper. Israel graduated with distinction from Fidei Polytechnic (Mass Commun, 2016). Israel has interviewed Zannah Mustapha, the man who helped negotiate the release of Chibok Girls, and Kunle Adeyanju, who rode a bike from London to Lagos. He covered exclusive stories on Chef Dami during her Guinness World Records cookathon. Email: israel.usulor@corp.legit.ng.