Buy Alchemy Pay (ACH)
What is Alchemy Pay?
Alchemy Pay (ACH) is a hybrid crypto-fiat payment infrastructure designed to bridge the gap between digital and traditional currencies. It offers merchants and customers various settlement options for both cryptocurrencies and fiat currencies, enabling seamless integration of blockchain transactions with the conventional financial system.
How does Alchemy Pay work?
Alchemy Pay operates primarily through the Ethereum blockchain, using ERC-20 tokens for its native ACH token. The platform is launching its own Layer-1 blockchain, known as Alchemy Chain, which will utilise a Trusted Proof-of-Authority (TPoA) consensus mechanism for efficient transaction validation. Alchemy Pay incorporates smart contracts and Layer-2 solutions to enhance payment scalability and enable smooth integration with existing payment infrastructures.
What are the potential use cases for Alchemy Pay?
Alchemy Pay facilitates real-world applications of cryptocurrencies across various domains. Potential use cases include:
- Real-world Payments: Supports transactions for dining, shopping, and renting services through partnerships, like with BNB Chain for power bank rentals.
- Gaming and NFTs: Enables secure and easy crypto transactions for gaming platforms and NFT purchases.
- Web3 and DeFi Services: Provides infrastructure for Web3 enterprises by integrating fiat-crypto conversion and multi-fiat account setups.
- E-commerce and Financial Services: Offers solutions for businesses wanting to accept or integrate crypto payments into their existing systems.
What is the history of Alchemy Pay?
Founded in 2018 in Singapore, Alchemy Pay was established by former employees of PayPal, HSBC, and Mastercard. Since its launch, it has developed a crypto-fiat acceptance system and formed numerous partnerships with prominent companies, such as Shopify and Checkout.com. The company continues to expand its global presence, integrating its payment solutions with major blockchain networks and collaborating with partners to enhance its offerings.
DCA Calculator
The information presented in this comparison table is for educational purposes only and is not an investment recommendation for your personal circumstances. Past performance is not an indicator of future performance.
The data points in this table are sourced as follows: ASX200 from Google’s ASX200 index price, Gold from ABC Bullion’s website (abc bullion.com.au), and BTC from CoinGecko (coingecko.com.au). All data is recorded at 10 am AEST on the first day of each calendar month.
Related Assets
Resources
Learn More About Alchemy Pay
Frequently Asked Questions (FAQs)
What is the current price of Alchemy Pay (ACH)?
The Alchemy Pay price is $0.0427862 AUD, representing a -1.86% from the day prior.
Where is the best place to buy Alchemy Pay (ACH) in Australia?
The best place to buy Alchemy Pay (ACH) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Alchemy Pay (ACH) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Alchemy Pay (ACH)?
The trading volume of Alchemy Pay (ACH) is $56.2M AUD in the last 24hrs, representing a -1.86% from the day prior.
How can I buy Alchemy Pay (ACH)?
Alchemy Pay (ACH) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Alchemy Pay (ACH)?
The current market cap of Alchemy Pay (ACH) is $208.6M AUD.
Can I convert Alchemy Pay (ACH) to cash?
Yes - With Coinstash you can convert your Alchemy Pay (ACH) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Alchemy Pay (ACH) are there?
The current circulating supply of Alchemy Pay (ACH) is 4.9B.
Is Coinstash a safe place to buy Alchemy Pay (ACH) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Alchemy Pay (ACH) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.