Alchemy Pay aims to be the pioneer of the world’s first payment solution that bridges the gap between fiat and crypto economies. In addition to crypto payments, Alchemy Pay aims to provide seamless and easy access to crypto investments, blockchain solutions, and DeFi services structured as needed for those new to cryptocurrencies and blockchain technology.
What is Alchemy Pay (ACH)?
Founded in 2018, Alchemy has grown with a practical trade network base including Hong Kong’s largest furniture company Pricerite, Cé La Vi from Singapore, Canadian shoe brand Aldo, software technology firm Arcadier, and Midwest Global Asia taxi services.
Alchemy Pay was established by a team of individuals from Singapore and China who experienced issues with traditional fiat payments. Additionally, the team had a deep interest in the emerging crypto industry and shared a vision to build a practical bridge between fiat and crypto.
The Alchemy Pay system allows participants in both fiat and crypto ecosystems to obtain fast, secure, convenient, flexible, and scalable global payment solutions based on decentralized smart contracts, second-layer scaling solutions, on-chain analytics, and consensus mechanisms of blockchain technology.
The Alchemy Pay ecosystem offers transactions with multiple cryptocurrencies, including fiat options for each, cross-chain payments, peer-to-peer payments, unified payments, conditional payments, escrow payments, and more.
On the other hand, ACH, Alchemy Pay’s ERC-20 token, is used to incentivize participation in all key roles within the Alchemy Pay crypto-fiat hybrid ecosystem. ACH tokens can be staked, rewarded, accumulated, and paid as fees. Additionally, the token is also used as a governance token.
According to the announcements, the maximum supply of ACH tokens is 10 billion. The circulating supply is offered in the form of initial allocations of 62% for public utilities and 38% for stakeholders. Within these broad categories, there are locked and unlocked segments related to institutional transaction rewards, consumer transaction rewards, DeFi transaction rewards, transaction liquidity, institutional partners, and incentives for the team, supporters, and advisors.
ACH Coin Review
ACH coin particularly attracted attention with its Binance listing. Recently, interest in the Alchemy Pay project has been high due to the growing attention towards bridge solutions between cryptocurrencies and traditional currencies.
How to Buy Alchemy Pay Coin?
ACH Coin can be purchased quickly and securely through Binance, the world’s largest cryptocurrency trading platform by trading volume.
To buy ACH Coin, you first need to register on Binance and then send fiat currency. After sending fiat currency like dollars, you can purchase ACH Coin in the ACH trading pair with Binance Coin (BNB), Tether (USDT), BUSD, and Bitcoin (BTC).
In addition to this, users can place buy orders at a lower value than the market price on Binance to purchase at their desired price. To do this, you need to use the Limit tab and enter the amount you want to buy and the price you want to buy it at.
