Phantom has no button that pays naira into a Nigerian bank. Its own help centre says to send your crypto to a platform that sells it for your local currency. Here is that route, step by step, with the naira figure on screen before you send anything.
Phantom is a wallet, not a cash-out service.
Phantom's help centre is plain about it: to cash out, you send your crypto to a platform that can sell it for your local currency, then withdraw to your bank. The one direct bank withdrawal Phantom offers is from its Cash account to banks in the United States.
So a Nigerian cash-out is always two hops: Phantom to a naira platform, then platform to bank. The only questions are how fast the second hop is and whether you know the naira figure before you start.
In Yesa choose SOL (or USDC, if that is what you hold) and open your personal deposit address. Copy it. For USDC, note that Phantom sends on the chain the token lives on, so USDC in your Solana account goes out on the Solana network.
On mobile the + button is at the lower right. You can also open the token from your portfolio and tap Send there.
Phantom's default payment method is its Cash account. Tap it and choose SOL or USDC under Payment Method.
Paste your Yesa address. Phantom flags any address you have not sent to before; that warning is normal the first time. Leave a little SOL behind for network fees if you plan to keep using the wallet.
A Solana transfer costs a fraction of a naira in network fees and usually confirms in about a second.
When the deposit shows in Yesa, sell at the rate on screen and withdraw to any Nigerian bank account.
Yesa buys SOL and USDC, not individual Solana tokens. Phantom itself advises swapping small tokens into a widely supported one before you withdraw. In Phantom tap the + button, then Trade, choose the token under You Pay and SOL or USDC under You Receive, and tap Swap Now. Phantom charges a 0.85% fee on select swap pairs and sets slippage automatically unless you change it.
USDC keeps its dollar value while you move it; SOL's price keeps moving. If the naira amount matters to you, USDC is the steadier thing to carry across. The full walk-through is in how to cash out Solana memecoins to naira.
Every Solana transfer needs a little SOL for the network fee. Empty the wallet completely and any token left behind is stuck until you top up.
The first time you use a new address, send a small amount, watch it arrive, then send the rest. It costs almost nothing on Solana.
Phantom will never ask for your recovery phrase. Reach Phantom and Yesa only from the official apps, never from an advert, a reply or a direct message.
No. Phantom's help centre says to send your crypto to a platform that sells it for your local currency and then withdraw to your bank. Its only direct bank withdrawal is from the Phantom Cash account to banks in the United States.
Open your SOL deposit address in Yesa, send the SOL from Phantom (tap +, then Send, choose SOL, paste the address), sell at the rate shown in Yesa, and withdraw to any Nigerian bank.
A plain SOL transfer does not need one at the network level. Some platforms ask for a memo so they can match your deposit. Yesa shows a memo on the deposit screen only for networks that need one: if you see one, include it; if you see none, none is needed.
The Solana network fee is about 0.000005 SOL per transfer, a fraction of a naira. If you swap tokens inside Phantom first, Phantom charges 0.85% on select pairs.
Across 1,700 measured bank payouts on Yesa, the median payout time was 4.7 seconds. These are historical measurements, not guarantees. The on-chain part, your crypto reaching Yesa, comes first and depends on the network you send on.
Yes, the route is the same: tap Send, paste your Yesa deposit address, enter the amount, review and send. Only send tokens the receiving platform supports; Solflare warns that unsupported tokens sent to a platform can be lost.
Yes. Buying, holding and selling cryptocurrency is legal for individuals in Nigeria. Digital assets are recognised under the Investments and Securities Act 2025, and the Securities and Exchange Commission regulates digital asset services. Crypto is not legal tender, and profits from trading may be taxable, so keep your own records of what you buy and sell. This is general information rather than legal or tax advice; the Securities and Exchange Commission and the Central Bank of Nigeria publish the current position.
The Yesa Team. Details checked 20 September 2026. Information about other products comes from their own help pages and documentation; if you spot something out of date, tell us and we will correct it.