Solar (SXP) is the native token of the Solar blockchain — an independent Layer 1 built for everyday payments and dApps. Originally the Swipe payments token, SXP now powers validator staking, governance, and fee payments on Solar’s delegated proof-of-stake network, with growing adoption across African P2P payment corridors. This guide explains how to buy Solar (SXP) in Ethiopia safely in 2026.
Ethiopia’s crypto adoption is rising. Most users access exchanges using USDT purchased via P2P with ETB.
Crypto is in a legal grey zone in Ethiopia. The National Bank of Ethiopia (NBE) has not banned it, but has not issued formal regulation either. Millions of Ethiopians access it via P2P. Some ISPs block exchange websites — a VPN resolves this. Use reputable platforms and monitor NBE announcements for any changes.
Best Exchanges to Buy Solar (SXP) in Ethiopia
| Exchange | ETB Deposit | Fee | Withdrawal (SXP) | Best For |
|---|---|---|---|---|
| Bitget | P2P/Card | 0.10% | ~$0.01 | Beginners & copy trading |
| Bybit | P2P/Card | 0.10% | ~$0.01 | Spot & derivatives |
| Binance | P2P/Bank | 0.10% | ~$0.01 | Largest liquidity |
| KuCoin | P2P/Card | 0.10% | ~$0.01 | Altcoin variety |
How to Buy SXP in Ethiopia
Step 1: Register on Bitget or Bybit and complete KYC (15-30 mins).
Step 2: Use P2P to buy USDT with ETB via bank transfer or mobile money.
Step 3: Go to spot trading, find SXP/USDT, enter amount, and confirm order.
Step 4: Withdraw to Trust Wallet or Ledger for safe long-term storage.
Fees
| Fee | Cost |
|---|---|
| P2P spread (ETB to USDT) | 1-3% |
| Spot trading fee | 0.10% |
| Withdrawal fee (SXP) | ~$0.01 |
Is SXP legal in Ethiopia?
Crypto is not explicitly banned. Check NBE guidance before trading.
How fast are SXP transactions?
Solar confirms in 5-15 minutes.