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ACH is the cryptocurrency token driving the adoption of Alchemy Pay’s crypto payments around the world. Alchemy Pay enables real-world crypto payments and mainstream-friendly access to crypto services. It has had an incredible rise over the past year, partnering with the likes of Binance Pay, Shopify, Checkout.com, Polygon, Avalanche, and VeChain. ACH is the token that incentivises clients and investors attracted to the advantages Alchemy Pay’s crypto payment solutions offer them and their businesses. It is listed on Bithumb, Binance, Coinbase, Huobi, Bybit, MEXC, Pancake Swap, Uniswap, and many more.
ACH is used to pay transaction (gas) fees when Alchemy Pay’s clients leverage the power of its global payment network. While transacting the Alchemy Pay network, clients pledge ACH and are then rewarded with discounted fees and ACH rewards depending on transaction volume.
The growth of the ACH token has helped create a thriving online community of investors and rewards our clients and partners for encouraging the expansion of the partner network. Transaction fees collected in ACH are used to fund the growth and development of Alchemy Pay’s network and services. ACH rewards and fee structure provides an organic and sustainable budget to attract and onboard new businesses for continuous expansion.
ACH value is correlated to network growth which will occur exponentially as the crypto payments market grows. Cointelegraph’s report on payment tokens suggests that, as the market grows, ACH will reach just under $10 by 2030.
Alchemy Pay has 300+ fiat payment channels and its crypto acceptance system is supported in over 70 countries with touchpoints with 2+million merchants. TokenInsight’s Digital Assets Payment Industry Research Report 2021 highlighted Alchemy Pay’s unique crypto-fiat payment model and stated that, “it has the most complete product ecosystem with integrated payments.”
ACH is a ERC-20 token native to the Ethereum blockchain but it is also now available on Binance Smart Chain as a BEP-20 token via Multichain’s bridging platform.
About Alchemy Pay
Founded in Singapore in 2018, Alchemy Pay (ACH) is a payment solutions provider that connects fiat and crypto payments for global consumers and businesses. It provides online and offline merchants with convenient acceptance of both fiat and cryptocurrency and makes crypto services accessible to mainstream users. Alchemy Pay is supported in 70+ countries, has 300+ payment channels, and touchpoints with more than 2 million merchants. Alchemy Pay is also a member of the Blockchain Association Singapore and Blockchain Infrastructure Alliance. Alchemy Pay’s token, ACH, runs on the Ethereum blockchain.
Website: alchemypay.org
Twitter: twitter.com/alchemypay
Telegram: t.me/alchemy_official
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Source: https://news.bitcoin.com/ach-is-the-token-driving-global-crypto-payments/