EGAX is the mint platform for xNGN. Convert Naira to xNGN and back instantly, hold a fully-backed balance, and settle to any Nigerian bank — 24/7.
1:1
Naira backed
Instant
Mint & redeem
24/7
Always on
You deposit
₦50,000
You mint
50,000 xNGN
1:1
Naira backed
Instant
Mint & redeem
24/7
Always on
₦0
To hold xNGN
xNGN is minted against the Naira you deposit and redeemed the moment you burn it. No lock-ups, no spread — a couple of taps each way.
Fund your wallet by card, bank transfer or USSD.
Lock Naira 1:1 and receive xNGN instantly.
Keep a fully-backed balance and move it anytime.
Burn xNGN 1:1, then withdraw to any bank.
Every xNGN is backed by one Naira in reserve. Your balance is always redeemable, one to one.
Mint and burn xNGN in seconds — no waiting, no settlement delay.
Cash out to any Nigerian bank account, verified before every payout.
Sign-in protected accounts and audited money movement on every transaction.
Deposit, mint, redeem and withdraw around the clock — weekends included.
Every mint, burn and transfer is recorded and visible in your activity.
See your Naira wallet and xNGN balance side by side. Deposit, mint, burn and withdraw — all from one place.
Available balance
₦250,000.00
xNGN balance
100,000.00 xNGN
xNGN is issued only against Naira held in reserve and redeemed one to one. Balances are never lent out — what you hold is always yours to redeem.
Burn xNGN for Naira at par, any time.
Your wallet and xNGN are ring-fenced to you.
Authenticated sign-in on every session.
Every mint and burn is on your ledger.
Create your account in seconds and convert Naira to xNGN — backed 1:1, redeemable anytime.
Get started