Alchemy coin is an Ethereum token that powers Alchemy Pay. But what is Alchemy Pay?
Alchemy Pay is the world’s first unique payment gateway ever designed to bridge the gap between fiat and crypto economies.
It’s a platform that allows people to perform payment with a wide variety of fiat and cryptocurrencies.
How Does Alchemy Pay Work?
As users process payments on Alchemy Pay, they can be able to earn rewards in return – also the transaction fees are paid using Alchemy token.
Alchemy acts as a middle man between blockchain and retailers, allowing them to receive crypto payment using Alchemy pay systems to be converted to their required fiat currency. The process takes seconds to be completed.
Over 2 million merchants operating from major platforms like Shopify and Binance are utilizing the service of Alchemy Pay in processing payments globally.
Alchemy pay is available in 65 countries and regions with over 300+ payment gateways.
Why Use Alchemy Pay?
In the last couple of months, Alchemy Pay has indicated its intention of integrating the Chainlink Price Feeds to power Defi products for fair crypto payments.
What is Chainlink? Chainlink is an open-source technology for building, accessing, and selling oracle services that enable smart contracts to securely interact with real-world data and services.
The Chainlink Price Feeds integration on the Alchemy Pay system will allow users to buy crypto from decentralized exchanges (DEXs) or obtain loans directly from Defi lending platforms to their wallets with the aid of ACH ERC-20 utility token.
Alchemy has brought more benefits than anyone could’ve ever imagined when the service was introduced.
According to the CEO of Alchemy Pay, integrating the Chainlink Price Feeds will help assure users that they are receiving fair market exchange rates when assets are purchased directly with their system on DEXs, Uniswap, Sushiswa using ACH.
Integrating Chainlink Price Feeds on Alchemy Pay might just be what Alchemy tokens need to shoot up in 2022. It has become a promising tech component of their payment system.
Its benefits have a promising chance of contributing to the success of Alchemy Pay in the future.
How Alchemy Pay (ACH) Token May Shoot Up in 2022?
Alchemy Pay coin’s price has continued to rise in the last couple of months – however, it’s still far away from reaching $1. But based on its current performance, there’s a chance that it won’t be long before it reaches $1.
As Alchemy Pay continues to impress users with its promising features, investors are rushing to buy ACH tokens which might contribute to its price shooting up in 2022.
Also, the recent partnership of Alchemy Pay and Binance has rapidly boosted the fame of ACH tokens by creating awareness globally.
After this, it’s expected that the demand for ACH tokens will increase rapidly which might lead to a surge in its market value.
ACH token has made a major breakthrough after being listed on a popular exchange like Coinbase as that will contribute to more investors executing trades on the Alchemy Pay system.
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