Alchemy Pay is revolutionizing the world of payments by bridging the gap between fiat and crypto economies. Their goal is to provide seamless access to crypto investments, blockchain solutions, and DeFi services, catering to both newcomers and experienced users in the world of cryptocurrencies and blockchain technology.
Founded in 2018, Alchemy Pay has quickly gained traction with its practical trade network, which includes major companies such as Pricerite, Cé La Vi, Aldo, Arcadier, and Midwest Global Asia. For the latest financial and business news, visit COINTURK FINANCE.
The team behind Alchemy Pay, hailing from Singapore and China, experienced the limitations of traditional fiat payments and saw the potential of the emerging crypto industry. They set out to create a practical bridge between fiat and crypto, resulting in the Alchemy Pay system.
This system enables participants from both fiat and crypto ecosystems to benefit from fast, secure, convenient, flexible, and scalable global payment solutions. Leveraging decentralized smart contracts, second-layer scaling solutions, on-chain analytics, and consensus mechanisms of blockchain technology, Alchemy Pay offers a wide range of transactions. These include multiple cryptocurrencies, fiat options for each, cross-chain payments, peer-to-peer payments, unified payments, conditional payments, escrow payments, and more.
At the heart of the Alchemy Pay ecosystem is the ACH token, an ERC-20 token that incentivizes participation in the crypto-fiat hybrid ecosystem. ACH tokens can be staked, rewarded, accumulated, and used as fees. Additionally, the token serves as a governance token.
The maximum supply of ACH tokens is set at 10 billion, with the circulating supply allocated to 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.
The ACH coin has gained significant attention, particularly with its listing on Binance. The Alchemy Pay project has become increasingly popular as more and more people recognize the importance of bridge solutions between cryptocurrencies and traditional currencies.
To purchase ACH Coin, individuals can securely and quickly do so through Binance, the world’s largest cryptocurrency trading platform. Users need to register on Binance and send fiat currency, such as dollars. Once the fiat currency is sent, ACH Coin can be purchased in the ACH trading pair with Binance Coin (BNB), Tether (USDT), BUSD, or Bitcoin (BTC).
Furthermore, users have the option to place buy orders at a lower value than the market price on Binance, allowing them to purchase at their desired price. This can be done by using the Limit tab and entering the desired amount to buy and the desired price.
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Disclaimer: The information provided in this article should not be considered investment advice. Investors should be aware of the high volatility and risks associated with cryptocurrencies and conduct their own research.