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What is Alchemy Pay?
Alchemy Pay is the pioneer of the world's first payment gateway solution to bridge the gap between fiat and crypto economies. In addition to crypto payments, Alchemy Pay enables seamless and easy access to crypto investment, blockchain solutions, and DeFi services configured as required to serve sophisticated veterans as well as those new to cryptocurrencies and blockchain technology.
Founded in 2018, Alchemy grew from a practical base of merchant networks, including Hong Kong’s biggest furnishing company, Pricerite, Singapore’s Cé La Vi, Canadian footwear brand Aldo, software technology firm Arcadier, and Midwest Global Asia taxi services. As Alchemy Pay steadily grew, its partnerships with Binance and QFPay increased its end-user and merchant touch-points to millions, including customers of e-commerce giant Shopify.
What is ACH?Alchemy Pay’s ERC-20 token, ACH, is used to incentivize the participation of all key roles in the Alchemy Pay crypto-fiat hybrid ecosystem. ACH tokens can be pledged, rewarded, accumulated, and paid as fees--plus confer voting rights in token governance or community scenarios.
What makes Alchemy Pay unique?Alchemy Pay was founded by a team of fiat payment gateway veterans from Singapore and China. They also shared a deep interest in the emerging crypto industry, and a vision to build a practical bridge between fiat and crypto. The Alchemy Pay system enables participants in both fiat and crypto ecosystems to achieve fast, secure, convenient, flexible and scalable global payment solutions, based on the 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, cross-chain payments, peer-to-peer payments, combined payments, conditional payments, escrow payments, and more--including fiat options for each. While some high-profile agendas view fiat currency in an entirely negative light, Alchemy Pay has chosen instead to build an interface--bridging rather than leaving the fiat world behind.
How Many Alchemy Pay (ACH) tokens are there in circulation?The ACH token maximum supply is 10B. Circulating supply derives from initial allocations of 62% for utility and 38% for stakeholders. Within these broad categories there are locked and unlocked segments related to enterprise transaction rewards, consumer transaction rewards, DeFi transaction rewards, transaction mobility, enterprise partners, and incentives for the team, backers, and advisors.
Where can I buy the Alchemy Pay token (ACH)?ACH may be purchased on cryptocurrency exchanges such as Coinbase, Huobi, Gate.io, Sushiswap, and Unisawp. It can be traded against fiat currencies such as the U.S. dollar, cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), and stablecoins such as Tether (USDT). The ACH token can be bought and sold on both spot and derivatives markets.
referencePosted on 20 Sep 2024, this text provides information on Miscellaneous in Cryptocurrency related to Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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