Chainlink has been an important factor of Alchemy Pay’s payment gateway system since its initial integration in 2020. Retailers must pledge ACH on the system in order to use Alchemy Pay’s payment facilitation services. Merchants may utilize Alchemy Pay systems to receive virtual currencies at their online and physical storefronts by collateralizing ACH, which Alchemy Pay then swaps to the merchant’s necessary fiat currency. The system’s transactions are completed in seconds for around a third of the cost of traditional payment methods.
Alchemy Pay integrates with retailers through key platforms including as Shopify, Binance, and QFPay, which collectively represent over 2 million touchpoints throughout the world.
About Alchemy Pay
Alchemy was established in 2018 on a solid foundation of merchant networks, comprising Hong Kong’s largest furniture company, Pricerite, Singapore’s Cé La Vi, Canadian footwear brand Aldo, computer tech company Arcadier, and Midwest Global Asia cab services. As Alchemy Pay evolved, it formed relationships with Binance and QFPay, bringing the total number of end-user and retailer contact points to millions, such as Shopify clients.
When acquiring commodities directly through their wallets on DEXs like Uniswap, Sushiswap, and ForTube using their ACH, as well as when collateralizing DeFi debts with ACH, Chainlink Price Feeds assist ensure that the participants are obtaining fair market exchange rates.
What is Alchemy Pay [ACH]?
Alchemy Pay is the creator of the world’s premier payment portal that connects the fiat and crypto markets. In addition to crypto payments, Alchemy Pay provides smooth and easy access to crypto investing, blockchain solutions, and DeFi services, all of which can be customized to meet the needs of both seasoned cryptocurrency users and those who are new to blockchain technology.
ACH, Alchemy Pay’s ERC-20 token, is utilized to promote involvement in the Alchemy Pay crypto-fiat hybrid economy by all critical roles. Pledged, incentivized, aggregated, and paid as fees, ACH tokens can also bestow the right to vote in token administration or community situations.
Who Are the Founder of Alchemy Pay [ACH]?
Alchemy Pay was formed by a group of Singaporean and Chinese payment gateway veterans. They also had a strong interest in the nascent crypto business, as well as a desire to create a viable bridge between the two.
What Makes Alchemy Pay Unique?
Based on decentralized smart contracts, second-layer scaling solutions, on-chain analytics, and consensus processes, the Alchemy Pay system enables players in both fiat and cryptosystems to achieve quick, safe, easy, flexible, and sustainable global payment processing. Transactions involving several cryptocurrencies, cross-chain transactions, peer-to-peer payments, integrated payments, conditioned payments, escrow payments, and more are all available in the Alchemy Pay ecosystem, with fiat choices for each. Although some high-profile agendas have a negative view of fiat currency, Alchemy Pay has decided to design an interface that bridges rather than abandons the fiat world.
Where Can You Buy Alchemy Pay [ACH]?
Coinbase, Huobi, Gate.io, Sushiswap, and Unisawp are among the crypto exchange platforms where ACH may be acquired. It may be exchanged for fiat money like the US dollar, cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), and stablecoins like Tether (USDT) (USDT). In the financial markets, the ACH token may be purchased and traded.
Frequently Asked Questions
Is it wise to invest in ACH cryptocurrency?
Should I invest in ACH coins? The price of Alchemy Pay’s token is likely to rise as the network’s use and acceptance grow, as the network expands its reach through new collaborations. Investors that can withstand the tremendous volatility displayed by cryptos such as ACH have a good chance of making significant long-term returns. 0
Is it possible to buy ACH on Coinbase?
Customers may now trade, transfer, receive, and store ACH and RAI in most Coinbase-supported areas, with certain restrictions noted on each asset’s website. Coinbase Pro allows you to trade these assets as well. The ACH token is used to pay fees, and users may earn ACH incentives for purchases.
What is the current circulation of Alchemy Pay (ACH) coins?
The maximum quantity of ACH tokens is 10 billion. Initial distributions of 62 percent for utility and 38 percent for stakeholders result in circulating supplies. Enterprise transaction rewards, consumer transaction rewards, DeFi transaction rewards, payment flexibility, enterprise partnerships, and rewards for the staff, supporters, and advisers are all locked and unlocked sectors within these general categories.
Alchemy Pay Official website – https://www.alchemytech.io/
Alchemy Pay Twitter – https://twitter.com/AlchemyPay
Alchemy Pay Medium – https://medium.com/@alchemyGPS
Alchemy Pay Medium – https://reddit.com/r/AlchemyPayOfficial