alchemy pay

press release

PRESS RELEASE. July has seen a jump in crypto prices, and none more so than the utility token of Alchemy Pay, ACH.

ACH saw a 43% increase in just 24 hours on July 20th, making it crypto’s biggest gainer. ACH has also broken into the TOP 10 most searched tokens on almost every crypto site over the past two weeks, including Coingecko and Coinmarketcap. The ACH token has seen so much interest that Binance is now supporting it for margin trading – unusual for a project of Alchemy Pay’s size.

Alchemy Pay is a Singapore-based payment provider addressing some of the industry’s biggest barriers to entry with its crypto on/off ramp payment plugins, as well as its crypto acceptance for merchants and businesses.

ACH Listed On Binance US, Crypto.com & KuCoin

Part of the reason for the impressive price action is the token’s recent listings on Binance US, Crypto.com (website and app), KuCoin, and Kraken. As well as its availability across the world’s largest exchanges, ACH can now be staked on Binance and KuCoin, meaning the token is able to bring generous yields to its long-term investors.

Alchemy Pay’s sizable online community has doubled in less than 12 months and now stands at around 200,000. The rapid growth demonstrates the momentum of the project, as do its partnerships with the many of crypto’s biggest layer-1 chains.

Alchemy Pay (ACH) Partnerships

Alchemy Pay has been partnering with the world largest payment providers, remittance firms, and blockchain projects (think Avalanche, Polygon, VeChain, Algorand, Binance) but the market downturn since November last year has been suppressing the price. After all their progress however, ACH is set to outperform the rest of the market on green days.

Alchemy Pay has also integrated with Binance Pay and Crypto.com Pay to become one of the payment partners facilitating the apps so that users can use their crypto funds for real-world payments, both in-store and online.

ACH Crypto Payment Solutions

There is also excitement surrounding the crypto ramp payment solutions that Alchemy Pay is now beginning to widely integrate into web3 and crypto platforms. Onboarding users via payments with their own local currency has been challenging for these platforms, particularly those in their more nascent stages. To bring newcomers to blockchain gaming, NFTs, metaverses, socialfi, and DeFi though, it is necessary to enable the purchase of crypto using fiat funds. Alchemy Pay’s ramps do just that, by providing a simple and direct way to buy crypto with debit and credit cards, local mobile wallets, and bank transfers.

The plugins also offer off-ramping facilities by remitting funds to any Mastercard and Visa card in the world, and to users’ bank accounts in 50+ local currencies.

ACH on Ethereum and Binance Smart Chain

ACH is available as an ERC20 token on Ethereum and, since January it has been available on Binance Smart Chain as a BEP20 token.

Learn More

Website: alchemypay.org

Twitter: twitter.com/alchemypay

 

 

TECH NEWS RELATED

Shark Tank Star Kevin O'Leary Buys the Bitcoin Dip — Says Crypto 'Desperately Needs Policy'

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says he has bought the dip during the recent cryptocurrency market sell-off. He added: “Now crypto itself desperately needs policy. It needs regulation.” Kevin O’Leary Buys the Dip, Comments on Bitcoin Price Kevin O’Leary shared his crypto market outlook and investment ...

View more: Shark Tank Star Kevin O'Leary Buys the Bitcoin Dip — Says Crypto 'Desperately Needs Policy'

Elon Musk Accuses Twitter of Fraud in Countersuit Over $44B Deal — Twitter Subpoenas Binance and Other Firms

Tesla CEO Elon Musk has accused Twitter of fraud in his countersuit against the social media company. Twitter filed a lawsuit against the billionaire to force him to go through with the $44 billion deal to buy the platform. “The Musk parties bring their counterclaims for breach of contract ...

View more: Elon Musk Accuses Twitter of Fraud in Countersuit Over $44B Deal — Twitter Subpoenas Binance and Other Firms

Alleged BTC-e Operator Alexander Vinnik in US Custody After Immediate Extradition From Greece

Russian IT specialist Alexander Vinnik, accused of owning and running the infamous crypto exchange BTC-e, has been handed over to the U.S. This week, Greek authorities proceeded with the extradition, after his return from France, despite Vinnik’s defense protesting the move and calling the case a “judicial, diplomatic and ...

View more: Alleged BTC-e Operator Alexander Vinnik in US Custody After Immediate Extradition From Greece

Voyager to Allow Cash Withdrawals for Customers With US Dollars Held in Accounts

Following the bankruptcy judge approving the release of $270 million in cash deposits, the crypto firm Voyager Digital has announced that it plans to open cash withdrawals starting on Thursday, August 11. After the cash withdrawal gates are open, Voyager customers can withdraw up to $100K in cash via ...

View more: Voyager to Allow Cash Withdrawals for Customers With US Dollars Held in Accounts

Debridge Finance Suspects North Korean Hacking Syndicate Lazarus Group Attacked the Protocol's Team

According to the co-founder of Debridge Finance, Alex Smirnov, the infamous North Korean hacking syndicate Lazarus Group subjected Debridge to an attempted cyberattack. Smirnov has warned Web3 teams that the campaign is likely widespread. Lazarus Group Suspected of Attacking Debridge Finance Team Members With a Malicious Group Email There’s ...

View more: Debridge Finance Suspects North Korean Hacking Syndicate Lazarus Group Attacked the Protocol's Team

A Second Ethereum PoW Chain Idea Gains Traction, Poloniex to List 'Potential Forked' Token Markets

Five days ago, the influential Chinese crypto miner, Chandler Guo, explained that a proof-of-work (PoW) version of Ethereum is “coming soon” as the community prepares for the network’s transition to proof-of-stake (PoS) next month. As usual, the idea of a forked token gets people excited and some individuals get ...

View more: A Second Ethereum PoW Chain Idea Gains Traction, Poloniex to List 'Potential Forked' Token Markets

Biggest Movers: AVAX Nears 2-Month High, FIL up 15% Despite Weekend Volatility

Avalanche was trading close to a two-month high on Saturday, despite markets mostly consolidating. Another exception was filecoin, which surged to start the weekend, climbing by over 10% in today’s session. As of writing, crypto markets are trading 1.03% higher. Avalanche (AVAX) Avalanche (AVAX) was one of Saturday’s notable ...

View more: Biggest Movers: AVAX Nears 2-Month High, FIL up 15% Despite Weekend Volatility

Central Bank of Brazil Director Praises Bitcoin as a Financial Innovation, Talks Programmable Digital Real

Fabio Araujo, Director of the Central Bank of Brazil, has praised the properties of Bitcoin, saying it is a financial innovation using new technologies. To Araujo, Bitcoin was the catalyst for what is today known as Web3. At an event, Araujo also commented about the status of the development ...

View more: Central Bank of Brazil Director Praises Bitcoin as a Financial Innovation, Talks Programmable Digital Real

Latest Turkey Inflation Rate of 79.6% the Highest in 24 Years — Weakening Lira and Russia-Ukraine War Blamed

UK Parliamentary Group Seeks Views of Crypto Industry Players

India Freezes Crypto Exchange Wazirx's Bank Assets — Binance Claims Acquisition of Wazirx Was 'Never Completed'

Nigerian Currency Recovers Versus US Dollar — Central Bank Says Importers Must Repatriate Forex Earnings

Bitcoin Price Outlook for August: BTC Faces Some Important Tests in the Coming Weeks

230 Economists Warn the US Government's Proposed Inflation Reduction Act Will Fuel Inflation

Bankrupt Crypto Firm Voyager Digital Approved to Release $270 Million in Cash Deposits

Rainbows, Log Charts, and S2F: Bitcoin's 2022 Bear Market Has Broken the Community's Most Popular Price Models

Biggest Movers: THETA Hits 3-Month High, While Near Climbs 17% on Friday

Meta Reportedly Issuing $10 Billion in Bonds to Invest in Its Metaverse Products and Other Initiatives

Bitcoin, Ethereum Technical Analysis: ETH Rebounds on Friday, Climbing Above $1,700

Tetris Owner Playstudios to Launch Blockchain Gaming Division and Web3 Fund

OTHER TECH NEWS

Top Car News Car News