> For the complete documentation index, see [llms.txt](https://iexchange-wl.gitbook.io/iexchange-documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://iexchange-wl.gitbook.io/iexchange-documentation/why-iexchange.md).

# Why iExchange

Exchange enables traders and enterprises to seamlessly buy and sell crypto with fiat using self-custody wallets, while safeguarding their data with advanced privacy solutions. 

* **Trustless Transactions:** iExchange utilizes cryptographic proofs to eliminate reliance on intermediaries for transaction settlement and dispute resolution, enabling secure and direct peer-to-peer exchanges. 
* **Interoperable:** iExchange SDK is built to be interoperable with DeFi protocols, giving these protocols direct access to the fiat liquidity market. 
* **Increased User Control:** Consumers use a self-custody wallet giving them control over their funds as they trade on iExchange. 
* **Speed & Privacy:** iExchange facilitates fast transactions while preserving on-chain user anonymity. 
* **Business Support & Real-World Utility:** iExchange through the iXPay feature onboards businesses where consumers are able to identify the business, pay for their services or products with crypto whiles the businesses receiving fiat or crypto as settlement based on their preference.

### Benefit To Users

* **Efficient Payment Solution:** iExchange provides diverse solutions like crypto-cash exchange and ixPay, tailored to meet various business needs. 
* **Low-Cost & Fast Transactions:** The platform ensures quick transactions while delivering quality at a competitive price. 
* **Seamless SDK Integration:** iExchange enables effortless setup, allowing DeFi protocols to integrate smoothly and concentrate on their core operations.
* **Market Access:** Businesses can cater for crypto-savvy customers, expanding their reach beyond the traditional market, thereby increasing Revenue.
* **Enhanced Financial Inclusion:** iExchange empowers underserved populations with easy access to verifiable digital assets, integrating them into the global financial system.

### Competitive Advantage

<table><thead><tr><th width="154"></th><th width="135"></th><th></th><th></th><th></th><th data-hidden></th></tr></thead><tbody><tr><td></td><td>iExchange</td><td>Binance P2P</td><td>MoonPay</td><td>Onboard</td><td></td></tr><tr><td>Non-custodial wallet login</td><td>AA &#x26; wallet login</td><td>x</td><td>x</td><td>Only AA</td><td></td></tr><tr><td>Direct Business Onboarding</td><td>Yes</td><td>x</td><td>x</td><td>x</td><td></td></tr><tr><td>Decentralization </td><td>Protocol is fully decentralized</td><td>x</td><td>x</td><td>x</td><td></td></tr><tr><td>No additional trust assumptions</td><td>No intermediaries </td><td>Trust Binance Custody</td><td>Trust MoonPay Custody</td><td>Trust Onboard custody</td><td></td></tr><tr><td>Interoperability</td><td>Interoperable with all smart contracts</td><td></td><td></td><td></td><td></td></tr></tbody></table>