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 Nigeria safely in 2026.
Nigeria has one of Africa’s largest crypto communities. P2P trading is especially popular, and most exchanges allow NGN deposits via bank transfer or USSD.
P2P crypto trading is widely practised in Nigeria and is not explicitly banned for individuals. The CBN restricts banks from processing crypto transactions — that is why P2P via OPay, PalmPay, and Kuda exists. Millions of Nigerians use it daily. As with any financial activity, use reputable platforms and stay updated on CBN guidance.
Best Exchanges to Buy Solar (SXP) in Nigeria
| Exchange | NGN 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 Nigeria
Step 1: Register on Bitget or Bybit and complete KYC (15-30 mins).
Step 2: Use P2P to buy USDT with NGN 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 (NGN to USDT) | 1-3% |
| Spot trading fee | 0.10% |
| Withdrawal fee (SXP) | ~$0.01 |
Is SXP legal in Nigeria?
Crypto is not explicitly banned. Check CBN guidance before trading.
How fast are SXP transactions?
Solar confirms in 5-15 minutes.