Terms

Guap is a wallet for holding dollars. You can receive, send and swap them, save them, buy them with naira, and cash them out to a Nigerian bank account. There is also a separate page, the off-ramp, for paying a bank account straight from another wallet. By using any of it you agree to what follows.

Your wallet is yours

Signing in with Google creates a wallet through Dynamic, our wallet provider. Your money sits at your own address on the blockchain. Guap does not hold it, does not have your keys, and cannot move it: every send, swap, deposit or cash out is a transaction you confirm yourself.

Access to the wallet goes through your Google account, so keep that account secure. If you lose access to it, you may lose access to the wallet, and we cannot restore it for you.

Fees

Every fee is shown before you confirm. Ours are:

• Send: $0.10 per send, added on top, so the person you pay receives the full amount.
• Swap: $0.10 per swap, and never more than 0.5% of the amount.
• Cash out from the wallet: 0.4% of the amount, at least $0.05 and at most $1.50.
• Savings: 10% of what your savings earn, taken when you withdraw. Never on what you put in.
• Buying with naira: nothing from us. The provider's own fee is shown before you pay.
• The off-ramp: free below 6 USDC, then 0.4%, at most $1.50, already inside the rate shown.

Network fees and conversion costs are paid to third parties, not to us, and are shown separately.

Rates

A naira rate shown before you confirm is indicative and moves with the market. It is fixed when the order is created, and a countdown starts.

Buying with naira

You are shown a bank account, an exact amount and a deadline. Send exactly that amount before the deadline, and the dollars are released to your wallet once the transfer is confirmed. If the purchase fails, the naira is returned to the bank account you named as yours. A transfer of a different amount, or one that arrives after the deadline, is not lost, but recovering it is manual and takes time.

Savings

Savings are deposited into Gauntlet USDC Prime, a lending vault on Base that other people run. Its shares sit at your own address and you can withdraw at any time. What it earns changes every day, the rate shown is a past measurement and not a promise, and a vault can lose value if a loan it made goes bad. Savings are not a bank deposit and are not insured.

Cashing out

Once an order is created you have until the countdown ends to send. If it lapses before your transfer arrives, the order expires and nothing is owed by either side. If your transfer arrives after it lapses, the funds are not lost, but recovering them is manual and takes time. Message @dxFareed on Telegram with the order ID and your transaction hash.

The account number decides where money goes

We look up and show the account name registered to the number you enter, so check it. Once confirmed, the payout follows the account number. A payout delivered to an account you typed incorrectly is not reversible by us, and recovering it is a matter between you and the receiving bank.

Failed payouts

If a bank refuses a payout, the funds are refunded. Where you paid from an address that can receive the refund, which includes any payout from your Guap wallet on an EVM network, that is automatic. Where you paid from a chain that cannot, such as Solana, the funds return to an address Guap controls and are returned to you by hand. We will reach out, but if a payout of yours fails and you have not heard from us, message @dxFareed on Telegram.

What you agree to

• The funds are yours and are not the proceeds of crime.
• You are not using the service on behalf of someone subject to sanctions.
• You are old enough to enter a contract where you live.
• The bank details you enter are correct, and an account you name for refunds is your own.

We may refuse an order, or stop a payout we have not yet made, where we reasonably suspect fraud or a legal obligation requires it, and we may share records with a bank, a regulator or law enforcement.

Limits

The service is provided as is. It depends on third parties for the wallet, conversion, settlement and savings, and on public blockchains, none of which we control. We are not liable for losses caused by their failure or downtime, by a rate moving, by a savings vault losing value, or by details you entered incorrectly. What we are liable for is capped at the value of the transaction in question.

Contact

Message @dxFareed on Telegram. That reaches a person directly, which for something this small is faster than a support address that nobody is watching.