How it Works

From signup to your
first transfer in minutes

Cyphalet is designed to be simple. Follow these steps and you'll be sending money across borders before you know it.

<2 min
To create an account
Instant
Wallet funding
2
Currencies supported
0
Hidden fees

Your complete guide to
using Cyphalet

Whether you're funding your NGN wallet, converting to USD, or sending money abroad — here's exactly how it works.

1
Getting Started

Create your Cyphalet account

Head to app.cyphalet.xyz and sign up with your email address. Verify your identity with a quick KYC check — this keeps your account and funds secure.

What you'll need
  • A valid email address
  • A phone number for verification
  • Government-issued ID for KYC
2
Your Dashboard

Open your Wallets

After logging in, tap the menu icon (☰) in the top-left corner of your dashboard and select Wallets. You'll see your NGN and USD wallets side by side.

You'll find
  • Your NGN (Naira) wallet balance
  • Your USD (Dollar) wallet balance
  • Deposit, Convert, and Send buttons
3
Fund Your Wallet

Locate your wallet and tap Deposit

Find your NGN Wallet (or USD Wallet) and tap the Deposit button. Cyphalet will generate a unique account number for your transfer.

Deposit options
  • Bank transfer from any Nigerian bank (NGN)
  • USD deposits from supported channels
  • Real-time balance update after transfer
4
Transfer Details

Copy your deposit account details

Copy the Account Name, Account Number, and Bank Name displayed on screen, then transfer from your bank app or USSD.

Details provided
  • Account Name (your Cyphalet account)
  • Account Number (unique to you)
  • Bank Name (our partner bank)
5
You're Live

Convert, send, or hold your balance

Once funded, your balance reflects instantly. Now you can Convert NGN to USD, Send money abroad, or simply hold your funds securely in your wallet.

What's next
  • Convert NGN ↔ USD at live rates
  • Send money internationally via USD wallet
  • Track all activity in your dashboard
Common Questions

Frequently asked questions

Everything you need to know about getting started with Cyphalet.

?How long does it take for my deposit to reflect?

NGN deposits typically reflect within seconds to a few minutes after your bank transfer is confirmed.

?Are there any fees for converting currencies?

Cyphalet applies transparent exchange rates with no hidden fees. The rate you see before conversion is the rate you get.

?Is there a minimum deposit amount?

Yes, a minimum deposit applies to ensure transaction costs are covered. Check the app for current minimums when depositing.

?Can I send money to someone who doesn't use Cyphalet?

Cross-border sends from your USD wallet go to bank accounts or supported wallets — the recipient doesn't need a Cyphalet account.

?Is my money safe on Cyphalet?

Yes. Cyphalet partners with regulated banks and uses bank-grade encryption to protect all funds and personal data.

?How do I contact support?

You can reach Cyphalet support directly through the app or via the Help Center at app.cyphalet.xyz.

Ready to get started?

Open your free Cyphalet account today and make your first transfer.

Open Cyphalet App →