💫Introduction

iExchange is an on-chain P2P platform that opens the African market to the global DeFi ecosystem.

The Sub-Saharan Africa cryptocurrency market was valued at $117.1 Billion in 2023 according to Chainalysis. This market relies totally on P2P trading to on-ramp & off-ramp liquidity, with 7 of the top 10 countries in P2P crypto trading volume being African according to Interpoint.

In recent times, centralized P2P trading platforms have faced a sentimental rise of being banned in Africa, with Binance P2P being the latest to face a ban in Nigeria (Link). To mitigate this threat led to the creation of iExchange which offers traders a decentralized P2P platform to convert crypto to fiat & vice versa, using a decentralized wallet.

Unlocking the African crypto economy necessitates having an on-chain P2P trading platform built for Global web3 protocols to plug in to access the African liquidity market.