Klaytn, the South Korea’s leading Layer-1 ecosystem, has formed a partnership with Alchemy Pay to have its native token $KLAY listed on Alchemy Pay’s fiat On-Ramp. This token integration provides users with a straightforward and compliant way to effortlessly acquire KLAY using their familiar fiat payment methods and preferred fiat currencies, making it more accessible to a wider audience.
With an extensive global presence in 173 countries, Alchemy Pay offers wide accessibility for purchasing cryptocurrencies through a diverse range of payment methods. These methods include mainstream payment methods such as Visa, Mastercard, and also regional mobile wallets, and domestic transfers. With over 300 local payment channels, Alchemy Pay goes beyond traditional credit cards, providing users with access to local mobile wallets, ensuring a convenient checkout experience.
Developed by leading Korean IT company Kakao, Klaytn stands out as a highly optimized, BFT-based public blockchain that aims to meet the enterprise-grade standards. With its developer-friendly environment and wide adoption across many use cases, it stands as one of South Korea’s few globally competitive Web 3.0 ecosystems, boasting over 1 billion transactions from a thriving network of over 300 decentralized applications. The collaboration between Klaytn and Alchemy Pay will facilitate wider accessibility to KLAY and help onboard more people around the world.
Alchemy Pay, an industry leading provider of payment solutions, has emerged as a frontrunner in the crypto payment sector by combining blockchain technology with expertise in traditional financial technology. Leveraging their extensive experience in the cryptocurrency field, Alchemy Pay has established strong partnerships with major networks and services such as Polygon, Avalanche, Algorand, Neo, Arbitrum, Binance, OKX, and Bitget.
Demonstrating its credibility in the traditional payment sphere, both Visa and Mastercard have enlisted Alchemy Pay as an authorized third-party service provider. The company also diligently seeks and obtains licenses related to payment and financial services to cater effectively to users across diverse countries and regions, such as the United States, Canada, Indonesia, Lithuania, with a newly acquired MTL license in Arkansas, the United States. This proactive approach ensures heightened regulatory adherence and security, and further solidifies its standing on the global stage.
About Klaytn
Developed by leading Korean IT company Kakao, Klaytn is a global Layer 1 public blockchain designed to power tomorrow’s on-chain world. With the lowest transaction latency amongst leading blockchains, enterprise-grade reliability, and a developer-friendly environment, Klaytn provides a seamless experience for users and developers that is second to none. Since its launch in June 2019, Klaytn has been accelerating blockchain mass adoption through a broad array of use cases from DeFi to real-world assets, entertainment and gaming, and even the Bank of Korea’s CBDC pilot project. Today, it is one of the only globally competitive Web 3.0 ecosystems developed in South Korea, generating more than 1 billion transactions from over 300 decentralized applications.
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Try our On & Off-Ramp to buy and sell crypto and local fiat currencies today https://ramp.alchemypay.org/
On & Off-Ramp Enquiries
Developers of Web3 platforms, and dApps with interest in integrating Alchemy Pay’s ramp solution can contact via the website https://alchemypay.org/contact
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