#PI# This pi Wallet has stronger security and more reliable funds when enabled in the exchange.

TransFi is a financial infrastructure provider focused on fiat and cryptocurrency channel services (Fiat On-Ramp). By collaborating with traditional exchanges, Wallet applications, and blockchain projects, it offers users convenient fiat deposit services. Below is an analysis of its core positioning and business model:

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### 🔧 **1. Core Positioning: Fiat On-Ramp Provider**
1. **Function Definition**
TransFi provides a technical interface that allows users to **directly purchase cryptocurrencies using fiat currencies (such as USD, EUR, etc.)**, supporting payment methods like credit/debit cards, Apple Pay, Google Pay, etc., eliminating the complex recharge process of traditional exchanges.
- **Typical Cooperation Case**：
- **Pi Network**: Integrated into Pi Wallet, US users can directly purchase PI tokens with US dollars.
- **Binance**: Launched a "one-click buy and sell" service in Africa (Ghana, Uganda, etc.), supporting mobile payment accounts to exchange cryptocurrencies.

2. **Technical Advantages**
- **Compliance**: Verified through KYB (Know Your Business), compliant with ISO 27001 and AICPA SOC security standards, covering 70+ countries/regions.
- **Multi-Currency Support**: Supports 40+ fiat currencies and 250+ payment channels, reducing the barriers for users in emerging markets to participate in the crypto ecosystem.

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### 🌐 **2. Cooperation Model with Exchange**
Although TransFi itself does not operate an exchange, its services are integrated into the following two types of platforms:
1. **Built-in Wallet Entry**
- Like the Pi Wallet of Pi Network, users can directly call TransFi to purchase tokens within the app, without needing to switch to an external exchange.
2. **exchange fiat channel**
- Centralized exchanges (like Gate) enhance user experience by integrating TransFi to provide fiat deposit options.
- Decentralized platforms (such as Pi Network's Web3 mainnet) leverage TransFi to solve the difficulties of fiat currency access.

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### ⚠️ **3. Clarification of Common Misunderstandings**
1. **Confusion with independent exchanges**
- TransFi **does not provide trading pairs, order books, or asset management functions**, focusing solely on the conversion between fiat currency and cryptocurrency.
- The similarly named **Tsp.exchange** is an exchange that uses TransFi technology, offering a mix of CEX and DEX services, but there is no equity relation between the two.

2. **Differences with Cross-Border Payment Platforms**
- Unlike traditional cross-border payment services such as TransferWise (now Wise) or XTransfer, TransFi **is designed specifically for cryptocurrency scenarios**, and does not involve trade settlement or foreign exchange transfers.

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### 💎 **Summary: The Core Value of TransFi**
- **Role**: The "fiat bridge" of the cryptocurrency ecosystem, solving the **first step barrier for users to enter the blockchain world from traditional finance**.
- **Competitiveness**: Strong compliance, wide coverage, flexible payment methods, especially suitable for emerging market users.
- **Limitations**: Dependent on the ecosystem of partners (such as the closed mainnet of Pi Network), if the underlying project's liquidity is insufficient, the service effectiveness is limited.

> If you need to use TransFi services directly, you can operate through its partner platforms (such as Pi Wallet, Gate, or Binance Africa) instead of visiting a standalone exchange.