A nano-sized SiC@Ni composite was prepared by simple electroless plating method. Nickel can be reduced by Na2H2PO2 under the catalysis of Pd to despite onto the surface of SiC nanoparticles. The composite structure was characterized by means of TEM images, XRD and the components were analyzed using EDS. The coating layer on the SiC particles was several nanometers thick and mainly in a form of fine Ni crystalline grain and amorphous Ni-P alloy. By increasing the concentration of Na2H2PO2 in the plating bath, the uniformity of the coating layer can be improved obviously. Both of the magnetism and crystallinity of Ni coatings depends on the P content in the coating which can be decreased by increasing the pH values of plating solutions. The SiC@Ni particles exhibited soft magnetic characteristics.