Fun

Why Is Alchemy Pay (ACH) On The Rise?

News Feed - 2022-07-30 08:07:35

Why Is Alchemy Pay (ACH) On The Rise? 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


 


  Tags in this story Alchemy Pay


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release. Bitcoin.com Media


Bitcoin.com is the premier source for everything crypto-related. Contact ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options. ECB Economists Suggest Limiting Access to Digital Euro to Protect Banks FINANCE | 31 mins ago Chainalysis Report Says $2.2 Million in Crypto Has Been Sent to Pro-Russian Groups in Ukraine NEWS | 2 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleECB Economists Suggest Limiting Access to Digital Euro to Protect Banks More Popular NewsIn Case You Missed ItCentral Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year


The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.SEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale Goldman Predicts US Recession Odds at 35% in 2 Years, John Mauldin Wouldn"t Be Surprised if Stocks Fell 40% Economist Predicts the Fed"s Response to Inflation Will Push Crypto Higher Ethereum Foundation"s Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether

News Feed

Savannah Fortis13 hours agoSam Bankman-Fried files memo asking court to block prosecutor evidenceThe FTX founder has filed a memorandum asking the court to deny recent requests filed by the Department of Justice, calling
Elon Musk Says Starlink Will Not Censor Russian News Sources Despite Government Requests
Elon Musk Says Starlink Will Not Censor Russian News Sources Despite Government Requests Spacex CEO Elon Musk says that Starlink has been told by some governments to block Russian
US Crypto Market Structure Bill Is Finally Here: Will It Start an Altcoin Rally?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Bitcoin retail comeback on the cards as Coinbase pierces top-400 apps
William Suberg11 hours agoBitcoin retail comeback on the cards as Coinbase pierces top-400 appsBitcoin exchange app popularity is the latest sign that crypto is seeing a retail renaissance in the US.1980 Total views4 Tot
Russian Government Approves Plan to Regulate Cryptocurrency
Russian Government Approves Plan to Regulate Cryptocurrency The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. T
Zain Jaffer11 hours agoThe Lindy effect and how it presents itself in Web3The corporate world is filled with the carcasses of companies (and cryptos) who found out too late that the Lindy effect could not save them.415 T
New open-source ZK-proof slashes SQL query times
Josh O"Sullivan11 hours agoNew open-source ZK-proof slashes SQL query timesProof of SQL drastically reduces SQL query times from 30 minutes to sub-second speeds, promising significant efficiency gains for real-time data
Helen Partz11 hours agoJustin Sun-related crypto platforms hacked 4 times in 2 monthsJustin Sun’s cryptocurrency exchange HTX has been hacked twice since rebranding from Huobi in September 2023, raising questions from
Wild XRP Prediction: Crypto Founder Sees $10K Price Tag—Here’s When
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Bitcoin, Ethereum Technical Analysis: BTC Under $20,000 as ETH Sinks Below $1,400 on Friday
Bitcoin, Ethereum Technical Analysis: BTC Under $20,000 as ETH Sinks Below $1,400 on Friday Bitcoin fell below the $20,000 level for the first time since January, as markets contin
If SEC approves spot Ether ETFs, many ‘will be caught severely offside’
Ciaran Lyons1 hour agoIf SEC approves spot Ether ETFs, many ‘will be caught severely offside’Coinbase institutional research analyst David Han believes “there is room for surprise to the upside on this decision.”
Haunted by Past Elon Musk Predictions, Gold Bug Peter Schiff Tears Into Tesla’s BTC Acquisition
Haunted by Past Elon Musk Predictions, Gold Bug Peter Schiff Tears Into Tesla"s BTC Acquisition After previously claiming that Elon Musk was too smart to buy bit