Alchemy Pay (ACH) is a payment solutions provider aiming to bridge the gap between traditional fiat currency and the cryptocurrency economy.
Here’s a summary of key information about Alchemy Pay:
- Founded in Singapore in 2018, it provides online and offline merchants with the ability to accept both fiat and cryptocurrency payments.
- It facilitates access to blockchain ecosystems and Web3 services.
- The platform operates in over 70 countries, supports over 300 payment channels, and interacts with more than 2 million merchants through partnerships with companies like Binance, Shopify, and QFPay.
- ACH is the native utility token of the Alchemy Pay platform, built on the Ethereum blockchain as an ERC-20 token.
- It also exists as a BEP-20 token on the Binance Smart Chain.
- Key uses of the ACH token:
– Transaction fees: Used to pay for fees within the Alchemy Pay network.
– Rewards: Users can earn ACH rewards for participating in the network and making purchases.
– Pledging: Merchant partners are required to hold a certain amount of ACH to access network services.
– Governance: ACH holders can vote on proposals for network changes and developments.
– Discounts: Using ACH for transaction fees can result in discounts.
- Hybrid payment system: Allows real-time conversion between cryptocurrencies and fiat currencies during transactions, potentially mitigating the risks associated with crypto volatility for merchants.
- Wide cryptocurrency support: Supports a diverse range of cryptocurrencies, increasing flexibility for businesses to accept various digital assets.
- Fiat payment processor: Enables merchants to instantly convert crypto payments into their preferred fiat currency.
- Extensive network: Supported in over 70 countries with numerous payment channels and merchant partners.
- Secure and user-friendly: Aims to provide a secure and easy-to-use interface for crypto payments.
- The live price of Alchemy Pay (ACH) is $0.022789 per (ACH / USD).
- The market cap is $213.45M USD.
- The 24-hour trading volume is $25.08M USD.
- It has a circulating supply of 9.37 billion ACH coins and a maximum supply of 10 billion ACH coins.
- It is currently ranked #230 on CoinMarketCap.
- Potential: Significant growth potential, especially with increasing adoption of cryptocurrencies and DeFi solutions. Strategic partnerships and continued innovation are crucial.
- Risks: The cryptocurrency market is highly volatile, impacting ACH’s price stability. Regulatory uncertainty surrounding cryptocurrencies also poses a risk.
ACH can be purchased on various centralized and decentralized exchanges including Binance, Coinbase, Gate.io, Kraken, Crypto.com , and others.
Disclaimer: Cryptocurrency investments are subject to high market risk and price volatility. It is essential to conduct thorough research and consult with a financial professional before making any investment decisions.
Is Alchemy Pay crypto legit?
Alchemy pay is a fully regulated business and we need to collect this information from you to comply with international financial regulations, including Anti-Money Laundering (AML) and Know Your Customer (KYC) practices.
What is an Alchemy Pay coin?
Alchemy Pay (ACH) is a hybrid crypto-fiat payment gateway that combines a smart contract programmable cryptocurrency, online and offline payment terminals, and advanced DeFi features. It allows merchants to accept digital assets in a low-cost and secure manner.
What will Alchemy Pay be worth in 2025?
The ACH price may even cross over the $0.1 line and reach an average of $0.095. According to our Alchemy Pay price prediction, the coin’s price might triple in value in 2025 compared to its current price. We think that an average of $0.12 is very likely, and ACH may even reach a maximum price of $0.2.