Alchemy Pay (ACH) offers seamless fiat-crypto transactions and crypto payment solutions for businesses and users. More
| Fully Diluted Valuation | $221.90M |
|---|---|
| 24H Trading Volume | $24.74M |
| 24H Low / High | $0.02 / $ 0.02 |
| Circulating Supply | 4.94 B |
| Total Supply | 10.00 B |
| Max Supply | 10.00 B |
| Categories | BNB Chain Ecosystem 3 more |
|---|---|
| Founder | Shawn Shi |
| Website | alchemypay.org |
| Socials | 2 more |
| Chains | Ethereum Ecosystem 1 more |
| Explorer | Binplorer 4 more |
| Contracts | 0xed0....3143d 1 more |
| Name | Pair | OG Score |
|---|
Alchemy Pay (ACH): Bridging Fiat and Crypto Economies
Founded in Singapore in 2018 by Shawn Shi, Alchemy Pay (ACH) is a payment solutions provider that bridges the gap between traditional fiat currencies and cryptocurrencies, offering an easy ramp service for mainstream businesses and users to adopt crypto payments and enter the Web3 world.
Convenient Fiat-Crypto Transactions
The platform features an on-ramp service that aggregates various payment methods, such as credit cards, bank transfers, and other local fiat currency options, to conveniently buy crypto. Additionally, its off-ramp service allows users to convert their crypto assets to fiat currencies conveniently.
Global Reach and Utility Token
As of February 2023, Alchemy Pay supports fiat-crypto purchases from over 170 countries, with widespread use in regions like Europe, North America, Latin America, and Southeast Asia, focusing primarily on emerging markets. ACH is the utility token of Alchemy Pay, an ERC-20 token issued on the Ethereum blockchain. It is used to pay transaction fees on the platform and offers benefits such as rewards for using the network and lower transaction fees.
Diverse Product Offerings
Alchemy Pay offers several products, including a Crypto On Ramp for direct purchases of cryptocurrencies using fiat currencies, a Crypto Off Ramp for selling crypto and remitting over 50 fiat currencies directly into bank accounts, an NFT Checkout for easy access to NFTs, and a Crypto Payment solution for businesses to accept cryptocurrency as a payment method.
Continued Expansion and Innovation
Founded in Singapore in 2018 by Shawn Shi, Alchemy Pay has steadily expanded its services and partnerships. In 2021, the platform announced the launch of MasterCard and Visa virtual cards to drive further adoption among mainstream audiences. In 2022, it launched its fiat-crypto on-ramp service as a plugin and API, expanding its reach to 173 countries worldwide.
Future Plans
In 2023, Alchemy Pay plans to add support for more payment channels in key emerging markets, with a focus on Africa. It also plans to introduce features such as a crypto wallet, crypto swapping, and remittances, as well as support for multi-currency accounts, an NFT marketplace, and ACH staking in the second half of the year.
Alchemy Pay distinguishes itself by offering a seamless bridge between traditional fiat and cryptocurrency economies, providing a user-friendly platform for mainstream businesses and users to embrace crypto payments and enter the Web3 space.
Alchemy Pay was founded in 2018 by Shawn Shi, a team of professionals with extensive experience in fintech and traditional finance sectors, who envisioned a more accessible and integrated crypto-fiat ecosystem.
You can buy Alchemy Pay (ACH) on Binance, Gate.io, BitgetMEXCOKX cryptocurrency exchanges.
