Headline News
Alchemy Pay Secures Arkansas Money Transmitter License
We are delighted to announce the acquisition of the Money Transmitter License in the state of Arkansas, United States. This license, granted by the Arkansas Securities Department, empowers Alchemy Pay to enhance its operations within the United States, signifying the availability of its fully compliant crypto payment services for related-activity in Arkansas.
Binance’s Simple Earn $ACH Promotion
Binance’s Simple Earn has launched two promotions for $ACH on both flexible and locked products. Complete your subscriptions to enjoy exclusive APR rewards daily and get up to $100 in $ACH.
Alchemy Pay Co-founder Launches $60M VC fund with Former Lightspeed, Harmony Execs
Oak Grove Ventures, a new venture capital fund, has been launched to invest in early-stage web3, artificial intelligence and biotech startups. Oak Grove has $60 million in capital and is founded by Shawn Shi, co-founder of crypto payment solutions provider Alchemy Pay. The fund’s other members include Sally Wang, former vice president of Sino Global Capital (now Ryze Labs), and Zac Pan, former associate partner at Lightspeed Venture Partners.
New Turkish Channels Support for Easy Crypto Purchases
As Turkey struggles with record inflation, crypto is becoming more accessible via our on-ramp checkout that facilitates easy domestic bank transfers. Alchemy Pay has recently launched bank transfers from VakifBank and Ziraat Bank, which means much lower fees and higher success rates for fiat-to-crypto transactions. In Turkey, Alchemy Pay already supports Visa, Mastercard, Discover Card, Diners Club Card, Apple Pay, and Google Pay payments on our on-ramp service. Try it here: https://ramp.alchemypay.org/
On & Off Ramp, Crypto Card, NFT Checkout Integrations
Alchemy Pay Deploys on Polygon zkEVM as an Early Stage On-Ramp Provider
Alchemy Pay is deploying its payment services on Polygon’s new zkEVM chain, to be one of the first fiat-crypto on-ramp providers to support the zkEVM ecosystem. “It’s exciting to see projects like Alchemy Pay help to improve the onboarding and usability of the Polygon zkEVM blockchain” Jack Melnick, Head of DeFi BD at Polygon Labs, “Alchemy Pay truly acts as a user-friendly gateway to the crypto spaces for users. The Polygon zkEVM ecosystem is very excited for this deployment.”
Direct $SEI Purchase via Alchemy Pay Fiat On-Ramp
Sei Network’s native token $SEI has been integrated with Alchemy Pay’s fiat-crypto On-Ramp. With this integration, Alchemy Pay provides support that Sei Network can offer an easy way to onboard its users and to purchase the native SEI token via their regular fiat payment methods. Sei is a high-speed layer-1 blockchain built for trading. Currently, there are 150+ teams deploying on Sei going into mainnet from Ethereum, zkSync, Solana, Avax, Polygon, and Sui. The team is made up of former Google, Goldman Sachs, Robinhood, Nvidia, and Databricks veterans.
Qlindo Integrates Alchemy Pay On-Ramp
AlchemyPay’s On-Ramp has integrated Qlindo, the green future of real estate investing on blockchain. Users can now conveniently and securely buy $QLINDO using their preferred fiat payment methods and local currencies via Alchemy Pay’s gateway.
Legend Pay Integrates Alchemy Pay Fiat On-Ramp
Alchemy Pay, the leading crypto payment solution providers, has established a collaboration with Legend Trading, the foremost crypto trading firm. With a presence in more than 150 countries and serving over 800 institutional clients, Legend Trading manages an average monthly volume of over $1 billion for bank transfers and settlements. Legend Pay provides users an institutional-grade trading service along with a compliant platform for trading between fiat currencies and cryptocurrencies, and features competitive pricing as well as substantial liquidity.
TomoChain’s $TOMO Supported for Seamless Fiat On-Ramp
TomoChain, a highly scalable and secure blockchain network backed by Coin98’s investment, has joined forces with Alchemy Pay to enable direct token purchasing through its Fiat On-Ramp service. Now users can purchase its native token, $TOMO, using Alchemy Pay’s ramp service via their local fiat currencies and preferred fiat payment methods. This partnership greatly enhances the accessibility of $TOMO and extends its outreach to individuals beyond the cryptocurrency sphere, including newcomers.
Quiiiz Launches Alchemy Pay’s Globally Accessible On-Ramp
Alchemy Pay’s On-Ramp solution is now available on Quiiiz, a real time skill-based knowledge platform, bringing forward a simple, fast and secure payment experience to its users. The integration means users can use local fiat currencies and pay with their preferred fiat payment methods directly to seamlessly buy USDC, the designated token that users can participate in the trivia games.
CyberConnect’s CYBER Now Accessible via Alchemy Pay On-Ramp
CyberConnect, the web3’s earliest and biggest decentralized social network, has formed a partnership with Alchemy Pay to have its native token $CYBER listed on Alchemy Pay’s fiat On-Ramp. This token integration provides users with a straightforward and compliant way to effortlessly acquire CYBER using their familiar fiat payment methods and preferred fiat currencies, making it more accessible to a wider audience.
Discover
Crypto Payment News Recap & Digest
Learn about the dynamic crypto payment industry and recent developments in one easy to read thread. We see a growing industry with major players entering this promising market, and we’re excited to collaborate as payment gateways bridge fiat and crypto for a brighter future!
Beyond Telegram Bot Fervor
The Telegram bot has garnered significant attention within the bear market period. The cumulative trading volume over the lifetime of the Telegram bot exceeded $190 million by the beginning of August, hitting a record high in July with daily volumes surpassing $10 million. The average Telegram bot offers functionalities such as cryptocurrency trading , copy trading (automated trading based on others’ actions), airdrop farming.
$ACH Community News & Contests
ACH Community Discord Voice AMA
Ecosystem Lead, Robert McCracken, joined the ACH community for the monthly AMA. Among other topics, McCracken explained the details behind the new Crypto Card, the Arkansas MTL license, and the new Polygon zkEVM integration. Don’t miss the next Discord event, join us: discord.gg/alchemypay
Wanted: Turkey Alchemy Pay Ambassadors/ Simya Maaşı Simyacı İşe Alımı — Türkçe Baskı
The Alchemy Pay Ambassador Program is initiating a drive to recruit ambassadors in Turkey to create a strong and vibrant community of blockchain enthusiasts, traders and users in the country. Alchemists in Turkey will play a pivotal role in driving the adoption of Alchemy Pay’s decentralized payment solutions, raising awareness and increasing engagement among local businesses and individuals.
Galxe Matchday Campaign, 15,000 $ACH Prize Pool
The ACH community had the chance to participate in our Matchday Campaign to deepen their understanding of the Alchemy Pay project. Match numbers & letters in the fun quiz — 10 lucky winners shared a 15,000 ACH reward!
Wordle Contest & Giveaway
In a contest for the ACH community, entrants pitted their wits against each other in the game Wordle, to win from an ACH prize pool.
Sunshine Solitaire Contest & Giveaway
In this Telegram gaming event, community members embarked on a thrilling experience with 5 top players sharing 2500 $ACH. Don’t miss the next chance to join in: https://t.me/alchemy_official
Offline & Online Events
Alchemy Pay’s Actions During Token 2049 SG
With the senior team representing Alchemy Pay in our hometown, Singapore Token2049 was by far the biggest crypto industry event of the year. With our new white label Crypto Card available to web3 platforms all around the globe, Alchemy Pay is providing the new frontier of payment infrastructure that bridges the gap between the fiat and crypto economies. As well as running booth Alchemy Pay’s team took to the stage alongside Uniswap at Gitcoin’s Schelling Point day; joined Circle on stage at IoTeX’s Real World event; and judged at NEO’s Hackathon.
Istanbul Blockchain Week: Our Turkish Payment Channels Shine
Our recent visit to Istanbul Blockchain Week took our fiat-crypto gateway payments to where they are most crucially needed. As Turkey struggles with record inflation, crypto is becoming more accessible via our on-ramp checkout that facilitates easy domestic bank transfers. Alchemy Pay has recently launched bank transfers from VakifBank and Ziraat Bank, which means much lower fees and higher success rates for fiat-to-crypto transactions. In Turkey, Alchemy Pay already supports Visa, Mastercard, Discover Card, Diners Club Card, Apple Pay, and Google Pay payments on our on-ramp service.
SpaceID Hosts Alchemy Pay on X Space Discussion
Alchemy Pay’s Robert McCracken joined new partner SpaceID to celebrate the new integration of the domain name service based on BNB Chain. The discussion brought together the long term vision of SpaceID and Alchemy Pay’s mainstream-accessible gateway to web3
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Try Alchemy Pay On & Off Ramp
Try our On & Off Ramp to buy and sell crypto and local fiat currencies today
Enquiries for Plugin & API Integration
Developers of Web3 platforms, and dApps with interest in integrating Alchemy Pay’s ramp solution can contact via email ramp@alchemypay.org or the website https://alchemypay.org/contact
