Pionex crypto exchange has launched the Alchemy Pay fiat-crypto ramp solution on its platform. Alchemy Pay’s payment gateway supports fiat deposits with Visa, MasterCard in 173 nations, as well as domestic transfers and numerous popular fiat mobile wallets in emerging markets. The ramp integration makes it easy for the public to access Pionex’s innovative exchange, which is known for its many in-built trading bots. The platform has over 1 million active users in more than 100 regions around the world and a monthly trading volume of around $5B.
Alchemy Pay (ACH) has become a specialist in providing solutions that give crypto and Web3 services access to fiat payments for mainstream accessibility. With 300+ fiat payment channels, its ramps are able to go beyond cards and access local mobile wallets. In Southeast Asia and LATAM, in particular, where millions struggle to get accepted for traditional banking services, these wallets have become ubiquitous.
After years of providing crypto-related businesses with fiat payment rails and fiat payouts, its ramp solution now brings its Alchemy Pay’s comprehensive network directly to users around the world. With high conversion rates, low fees, and fast, simple KYC, the ramp makes buying and selling crypto with domestic local currencies as easy as any other regular online payment.
With 16 free in-built trading bots, Pionex is a market leader. By trading in cryptocurrencies on your behalf, Pionex’s bots assist you in making trades and investments for a nominal trading fee of 0.05 percent.
Its Grid Trading Bot, is currently the most popular bot, supporting. Its arbitrage bots are also highly popular with users. These bots use the future market supported by the Binance broker system to assist users in receiving rewards every eight hours. To counter volatility, the Dollar-Cost Averaging Bot automates repeat purchases of assets at regular intervals. For more aggressive options, Pionex’s Leveraged Grid Bot provides up to 5x leverage. Pionex aggregates the liquidity from Binance and Huobi Global, which allows its users to have high liquidity and better trading experience.
Pionex GM, Alex Liu: “Accessibility to users around the globe is a constant focus for us and the growth of our platform. Alchemy Pay is a leader in this area, providing a seamless, user-friendly a fiat access layer to our platform”
Alchemy Pay CEO, John Tan: “This is a highly exciting time for Alchemy Pay and we are glad to offer our service to Pionex, which is a very forward thinking exchange. Throughout the industry, across all sectors, our Ramp Solution is proving to be highly sought after. With all our solutions, we continue to push forward accessibility to natives and newcomers alike.”
Being based in Singapore, Alchemy Pay has witnessed the explosion in popularity of APMs and ensures that users are able to purchase crypto using them. As well as Mastercard and Visa, the ramp supports crypto payments with Binance Pay (70M+ users); domestic transfers throughout emerging markets, and popular e-wallets around the world. Alchemy Pay supports e-wallets such as: Pix in Brazil (116M users); GCash in the Philippines (60M users); OVO (92M users) & Dana (115M users) in Indonesia; Kakao Pay (NFT Checkout only) in Korea (36.5M users) MoMo in Vietnam (23M users); Paynow in Singapore (4.9M users); as well as EWallet in Brazil, Peru, Chile, Colombia (user figures not confirmed).
Alchemy Pay’s founding team’s experience in the traditional finance and fintech payments space has given an advantage where competitors have struggled. In recent months, it has formed collaborations with networks such as Polygon, Avalanche, Algorand, and Arbitrum.
About Pionex Exchange
Pionex is the largest trading bot platform for crypto. It has gained trust from 1M+ registered users over 100+ countries in the past 3 years since its operation. The platform is known for its user-friendly quantitative crypto trading bots. Pionex has 100% assetM reserve for the funds in the exchange. It maintains a strict risk management policy on all of the product lines, which looks after the safety of the users’ assets.
