Alchemy Pay Crypto Rallies on a String of Good News
Crypto Alchemy Pay Crypto Rallies on a String of Good News
The Alchemy Pay crypto token (ACH) started the year trading at a fraction of a cent. Despite an interesting whitepaper, the ACH token didn’t have much momentum on its side. And the scope of the Alchemy GPS Singapore Pte. Ltd. (the issuer of ACH) project looked more promising than possible. That is until the outfit started landing a large array of strategic partners.
Most notably though were three major breakthroughs for the payment consensus protocol that led to a massive surge in value. Let’s start with what we thought was going to be the biggest news.
At the beginning of August, Coinbase – one of the biggest and most popular crypto exchanges in the world announced it would start letting users transfer ACH to their Coinbase Pro wallet. It’s no secret that Coinbase is one of our favorite crypto exchanges. You can read our review Coinbase review here. So, we anticipated some increase in interest and trading volume. But the real pop was supposed to come when Coinbase started to allow trading of Alchemy Pay crypto.
When ACH began trading on Coinbase, there was a noticeable increase in trading volume. But that proved to only be the starting point. It’s not often that a Coinbase uplisting is outshined. However, that’s exactly what happened.
Alchemy Pay Crypto Goes from Big Time to Bigger Time
On the heels of being added to Coinbase, Alchemy GPS Singapore Pte. Ltd. announced two additional partnerships. The first one was with Cobo – a crypto custody service provider. And the pair make a fantastic match. But in order to make sense of the pairing, it’s important to first know what the two specialize in.
Alchemy’s specialty is as a crypto-fiat hybrid payment solutions provider. And Cobo offers a secure, high-end cold storage wallet. This in addition to the custodial services for institutional investors it offers. Through this partnership, Alchemy Pay will be able to access the Cobos client network. And additionally, it will now be able to offer enhanced security and custodial benefits with the guidance of Cobo.
As the two put their heads together, the plan is to be able to offer overseas payment channels for millions of customers. This partnership could result in major disruptions in virtually every industry where folks pay for goods or services. On top of this, it could have impacts on the remittance industry. Anyone looking to send money across a border to friends or family back home could ostensibly take advantage of this partnership.
The global remittance market was valued at more than $682 billion back in 2018. And it’s anticipated that it will reach $930 billion by 2026. Despite the massive amount of cash that goes through the remittance process, nobody has made the process any faster. It still takes days to get the end user… While banks cut (on average) 7% off the top to stick in their pockets. Being able to quickly and cheaply send money around the world would be huge.
All of this has seemingly gotten to attention of another partner…
Another Exchange, Another Dynamic Partnership
One of the best ways to increase the value of a governance token is to increase its usability. And Alchemy Pay’s partnership with the crypto exchange Binance, makes it sound like the Alchemy Pay crypto is just starting to heat up.
With this collaboration, the two are looking to build a payment bridge between crypto and fiat through the Binance Pay wallet. This announcement is big because Binance is the largest crypto exchange in the world. And Binance Pay is a user-to-user cryptocurrency payment feature on the Binance App. Its functionality was built around the idea of allowing users and merchants to send and receive crypto payments around the world without incurring special handling fees for using crypto.
But with this union, users and merchants will be able to choose their method of payment or getting paid from fiat dollars and more than 40 supported cryptocurrencies. It’s a big boon for Alchemy Pay crypto and the newly unfurled Binance Pay functions. Users will be able to convert and spend their favorite cryptos at more than 60 million merchants worldwide. And that number is only expected to grow… Especially now that the expansion of offerings will be so much more robust.
The Bottom Line on Alchemy Pay Crypto
It’s been a heckuva year for Alchemy GPS Singapore Pte. Ltd. But it hasn’t happened in a vacuum. A lot of work has gone on behind the scenes to pull off this massive, groundbreaking partnerships. And it wouldn’t be at all surprising for more positive news to come soon… All of which will only increase the use and adoption rate of Alchemy Pay crypto.
It may be hard to image more upside potential from a crypto that’s ballooned some 3,000% in such a short time. But signs are pointing to just that. A few weeks ago, Alchemy Pay crypto was on hardly anyone’s radar. And now it’s working its way into the mainstream. That’s what’s behind the massive surge in trading volume… And why we think it’s far from plateaued. A dip here or there is likely. A cooling off period is likely after the FOMO investors pile in. But Alchemy Pay crypto has earned its spot in many investors’ portfolios. So long-term, the prospects of a continued rise in value look very likely.
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About Matthew Makowski
Matthew Makowski is a senior research analyst and writer at Investment U. He has been studying and writing about the markets for 20 years. Equally comfortable identifying value stocks as he is discounts in the crypto markets, Matthew began mining Bitcoin in 2011 and has since honed his focus on the cryptocurrency markets as a whole. He is a graduate of Rutgers University and lives in Colorado with his dog, Dorito.
Alchemy Pay Partners MEXC Global to Provide Fiat On-Ramps and Crypto Acceptance
European MEXC Global users to be able to deposit fiat with credit and debit cards
MXC tokens will be accepted across Alchemy Pay’s merchants and partners network
ACH token trading is now available on MEXC Global
SINGAPORE, Aug. 6, 2021 /PRNewswire/ – Cryptocurrency service provider MEXC Global (“MEXC”), which operates a centralized cryptocurrency exchange serving more than six million users, has partnered with Alchemy Pay (“Alchemy”) to integrate Alchemy’s hybrid crypto-fiat payment gateway to better serve MEXC’s European market.
This integration will provide fiat on-ramps that will significantly reduce barriers to entry for crypto investments on MEXC’s European users will be able to deposit fiat onto MEXC Global with their credit and debit cards.
“Our partnership with MEXC Global is a significant milestone in mitigating the gap between cryptocurrency and fiat to drive overall crypto adoption in the European region.” Said John Tan, CEO of Alchemy Pay. “This is a win-win situation. Experienced investors have an easier way to invest funds in crypto, while MEXC Global can now target crypto-curious investors with no crypto holdings.”
The partnership further entails the integration of MEXC’s MX tokens onto Alchemy Pay’s hybrid crypto-fiat payment gateway. This creates more use cases for MX tokens as they will be accepted as a form of payment by Alchemy Pay’s merchants and partners network.
MEXC Global now supports trading service for Alchemy Pay’s ACH token and will add margin trading in the near future.
About MEXC Global
Founded in 2018, MEXC Global is a centralized exchange that employs a high-performance mega-transaction matching technology. The MEXC platform is run by a team of professionals with extensive financial industries and blockchain technology experience.
Currently, MEXC Global has more than 6 million users in more than 70 countries around the world. The exchange completes 1.4 million transactions per second, which results in increased efficiency and enhanced performance. In the interest of strengthening security and ensuring optimal data integrity, supported by independently hosted server clusters in Singapore and South Korea to ensure security and data integrity.
About Alchemy Pay
Alchemy Pay is the inventor of the world’s first hybrid fiat and digital currency gateway solution for businesses and investors. Alchemy Pay powers seamless crypto and fiat acceptance for merchant networks, developers and financial institutions, and powers adoption of blockchain technology by making crypto investment and DeFi services readily accessible to consumers and institutions in the fiat economy. Today, Alchemy operates in 18 countries and regions and has touchpoints with more than 2 million merchants through partnerships with industry giants such as Shopify, Arcadier, QFPay and more.
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SOURCE Alchemy Pay
Alchemy Pay tokens up 140%: here is where to buy them
Alchemy Pay (ACH) has continued to be one of today’s top trending cryptocurrencies, surging in value by 160% and capturing the attention of many investors and traders.
If you are thinking about investing in Alchemy Pay crypto, which is one of this week’s hottest cryptocurrencies, this article gives you all the information you need to know. Scroll down to find out what it is, how it works, and what our price forecast is for Alchemy Pay tokens.
For those of you who want to buy ACH tokens straightaway, check out the section directly below. There, you can find links to the two best places to buy Alchemy Pay coin in the UK and around the world.
How & where to buy Alchemy Pay tokens today
To buy ACH coin, simply choose one of the platforms below and click on the relevant link. After you are navigated to the sign-up page, fill out some basic details, verify your account, add funds, and then purchase the number of tokens you want to own.
So, without further ado, here are the two best platforms to buy, sell and trade Alchemy Pay tokens right now:
Coin Kong Trader
Coin Kong facilitates rapid buying and selling of cryptocurrencies. Robust security, transparent fee charges and excellent customer support make this a great option for newcomers.
Buy ACH with Coin Kong Trader today
ETX Capital
ETX Capital is a leading spread betting and CFD broker that offers a diverse selection of markets, across FX, commodities, shares, and more.
Buy ACH with ETX Capital today Disclaimer
What is Alchemy Pay?
A cryptocurrency project, and ACH is its utility token.
The purpose of the project is to use blockchain technology to solve some of the issues and inefficiencies that are found in traditional payment systems around the world.
Alchemy’s team of payment professionals aims to eradicate human error and fraud by implementing an all-in-one hybrid fiat and crypto payments system that is compatible with any existing mainstream system. This will allow the reconciliation and settlement processes to become completely automated.
With access to more than 2 million merchants internationally, Alchemy Pay has been making strides by formalising arrangements with strategic partners.
For example, today, the cryptocurrency service provider MEXC Global – which operates a crypto exchange serving six million users – agreed to integrate Alchemy’s hybrid crypto-fiat payment gateway to better serve the European market.
Should I buy Alchemy Pay tokens today?
If you think Alchemy Pay’s 2,300% growth is just the beginning, buying some ACH tokens and holding them to speculate on their long-term value may be a good move.
Just make sure you do your own research and never invest money that you can’t afford to lose.
Alchemy Pay price prediction 2021
Our ACH crypto price prediction is as follows: up to $0.15 this year, $0.18 by 2022 and $0.34 within 5 years.