Alchemy Pay is revolutionizing the world of payments by bridging the gap between fiat and cryptocurrency economies. Its mission goes beyond just enabling crypto payments. Alchemy Pay also aims to provide easy access to crypto investments, blockchain solutions, and DeFi services, catering to newcomers in the crypto and blockchain space.
Founded in 2018, Alchemy Pay has established a strong network of partners, including major companies like Pricerite, Cé La Vi, Aldo, Arcadier, and Midwest Global Asia. These partnerships have fueled the growth of Alchemy Pay, positioning it as a leading player in the industry. Stay updated on the latest financial and business news by visiting COINTURK FINANCE.
The team behind Alchemy Pay consists of individuals from Singapore and China who faced challenges with traditional fiat payments. They saw the potential of the crypto industry and shared a vision to create a bridge between fiat and crypto. This led to the development of the Alchemy Pay system, which offers fast, secure, and convenient global payment solutions.
The Alchemy Pay ecosystem leverages decentralized smart contracts, second-layer scaling solutions, on-chain analytics, and consensus mechanisms to provide participants with flexible and scalable payment options. Users can transact with multiple cryptocurrencies, including fiat options. The ecosystem supports various payment types, such as cross-chain payments, peer-to-peer payments, unified payments, conditional payments, and escrow payments.
At the heart of the Alchemy Pay ecosystem is the ACH token, an ERC-20 token. ACH incentivizes participation within the ecosystem and can be staked, rewarded, accumulated, and used as fees. It also serves as a governance token, allowing token holders to have a say in the platform’s decision-making process.
The total supply of ACH tokens is capped at 10 billion. The circulating supply is distributed among public utilities (62%) and stakeholders (38%). These allocations include locked and unlocked segments for institutional transaction rewards, consumer transaction rewards, DeFi transaction rewards, transaction liquidity, institutional partners, and incentives for the team, supporters, and advisors.
Notably, ACH coin gained significant attention following its listing on Binance, the world’s largest cryptocurrency trading platform. The Alchemy Pay project has garnered interest due to its innovative approach to bridging the gap between cryptocurrencies and traditional currencies.
To purchase ACH Coin, users can securely and conveniently do so through Binance. They need to register on the platform and send fiat currency, such as dollars. ACH Coin can be bought in the ACH trading pair with Binance Coin (BNB), Tether (USDT), BUSD, or Bitcoin (BTC). Users also have the option to place buy orders at a lower value than the market price on Binance, using the Limit tab.
Stay updated on the latest news about Alchemy Pay by following their channels on Telegram, Facebook, Twitter, and Coinmarketcap.
Disclaimer: The information provided in this article is not investment advice. Investors should be aware of the high volatility and risks associated with cryptocurrencies and conduct their own research.
