Terms of Use

These terms apply to this website and summarise the key conditions for using Sparkling from Nigeria. Sparkling crypto is provided by Swarming Labs LTD. By using this site or Sparkling, you agree to these terms.

1. Eligibility

To use Sparkling you must:

be at least 18 years old;
not be located in, or a resident of, a restricted jurisdiction;
not be on any sanctions list;
use Sparkling in line with the laws that apply to you in Nigeria.

2. The Service

Sparkling is a software interface. The agent prepares quotes and trades; every trade requires your confirmation. Through Sparkling you can swap crypto, hold stablecoins and buy tokenised US stocks. Some features, including leveraged positions and event markets, may be unavailable in your jurisdiction, and we may change availability at any time.

3. What Sparkling Is Not

Sparkling is not a bank, broker, exchange, investment adviser or fiduciary, and it does not offer naira bank accounts. Balances are not covered by any deposit insurance scheme. Nothing on this site or in Sparkling is a recommendation to buy or sell any asset.

4. Your Wallet and Security

Sparkling is self-custodial by default: keys are secured with Turnkey infrastructure and Sparkling does not hold your funds. You are responsible for:

keeping your Telegram account, email and devices secure (turn on two-step verification in Telegram);
keeping access to your login and recovery details;
checking every trade card before you confirm.

Sparkling staff will never ask for your seed phrase or login codes.

5. Risks

Market risk. Crypto, tokenised stocks and event contracts can lose value quickly, including to zero.
Leverage risk. Leveraged positions can be closed in full by a sharp price move.
Protocol risk. Smart contracts, bridges and partner venues can fail or be attacked.
Price and fees. The final price can differ from the quote; network fees are non-refundable.
Irreversibility. Confirmed on-chain transactions cannot be cancelled or recovered.
Regulatory risk. Rules for digital assets in Nigeria are changing and may affect access to some features.

6. Prohibited Use

You may not use Sparkling to break the law, launder money, manipulate markets, impersonate others, or get around location or compliance controls with a VPN or false information. Violations can lead to suspension of access.

7. Restricted Jurisdictions

Sparkling is not available in sanctioned jurisdictions, including Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, Luhansk and Zaporizhzhia regions, or to sanctioned persons. Availability of individual features varies by jurisdiction.

8. Fees

Sparkling’s fee and the network fee are shown on the trade card before you confirm. Card top-ups through an on-ramp provider, where available, may include the provider’s own fees, shown before payment.

9. Taxes in Nigeria

You are responsible for working out and paying any tax due on your crypto transactions in Nigeria and for keeping records of your trades. Sparkling does not provide tax advice and does not file tax on your behalf.

10. Regulation in Nigeria

In Nigeria, digital assets fall under the oversight of the Securities and Exchange Commission (SEC Nigeria). Sparkling’s registration with SEC Nigeria has not been confirmed. You can check any provider on the SEC’s website before you use it.

11. Intellectual Property

Sparkling, the Sparkling logo and the content of this site belong to Swarming Labs LTD. You may quote short parts with a link to the source page. Other trademarks belong to their owners.

12. Liability

To the extent permitted by law, Swarming Labs LTD is not liable for losses arising from market movements, third-party services, network failures, or decisions you make based on information on this site.

13. Changes

We may update these terms. The current version is always published on this page.