How to withdraw from Phantom to a Nigerian bank account

Phantom can't pay into a bank account by itself. Send your crypto from Phantom to your KWIQ deposit address on the matching network, swap it to naira (free on KWIQ) and withdraw to any Nigerian bank.

Step 1: Copy your KWIQ deposit address

  1. Step 1

    Install KWIQ

    Download the app from Google Play or the App Store and sign up.

  2. Step 2

    Open the right wallet

    Open the wallet for the coin you're moving, for example Solana.

  3. Step 3

    Copy the address

    Copy your deposit address and note the network shown with it.

Step 2: Send from Phantom

In Phantom, select the token, tap Send and paste the address. Paste your KWIQ address, choose the same network your KWIQ app showed, check the fee and the amount that will arrive, then confirm.

Phantom is mostly used for Solana. Send SOL to your KWIQ Solana address, and keep a little SOL for the network fee.

Menu names can change between Phantom app versions, but the idea is always the same: withdraw or send the coin to an external address.

Step 3: Sell for naira and withdraw

When the deposit shows in KWIQ, swap it to naira and withdraw to any Nigerian bank account, including OPay, Kuda, GTBank and Access Bank. Check what you'll get first: Solana to naira rate.

Which coins people cash out from Phantom

  • Solana: Solana transfers usually confirm in seconds. Send SOL on the Solana network to the address in your KWIQ app. How to sell Solana.
  • USDC: USDC runs on several networks. Send only on the network shown next to your KWIQ USDC address. How to sell USDC.

Why people use KWIQ to cash out

  • No fee to cash out: Zero fees when you swap crypto to naira; crypto-to-crypto swaps cost 2%.
  • Fast: Trades are fully automated, so most sales are done in minutes once your deposit is confirmed on the blockchain.
  • Trusted: 100,000+ users since 2017, featured in The Guardian, Vanguard and Nigerian Tribune.
  • Support 24/7: Customer support is available 24/7 in the app and on kwiq.app.

Avoid common mistakes

  • Paste addresses instead of typing them, then check the first and last few characters.
  • Send on exactly the network your KWIQ deposit screen shows. A different network can lose the funds.
  • Send a small test amount the first time you use a new address.
  • Never share your password, PIN, one-time codes or wallet recovery phrase with anyone.

Frequently asked questions

Can I withdraw from Phantom directly to my Nigerian bank account?

Send your crypto from Phantom to an app that pays naira, such as KWIQ, then withdraw to your bank. KWIQ charges no fee to swap crypto to naira.

Which network should I use to send from Phantom to KWIQ?

Use exactly the network your KWIQ deposit screen shows for the address you copied, and choose the same one in Phantom.

How long does a Phantom withdrawal to KWIQ take?

It depends on the network and Phantom's own checks. Trades are fully automated, so most sales are done in minutes once your deposit is confirmed on the blockchain.

What does it cost?

Phantom charges a network fee for the transfer. Swapping crypto to naira on KWIQ is free.

Is it safe?

Yes, if you paste your own KWIQ address, match the network and never share passwords, codes or recovery phrases.

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