In the crypto currency world, the projects that establish bridges between Fiat and crypto money payments attract great interest. Bringing together traditional financial systems and blockchain technology, these projects enable users to have more flexible payment methods. Alchemy Pay (Ach) is one of the prominent projects in this field. So, what exactly is Ach Coin, how it works and what potential does it carry in the future?
What is Ach Coin?
ACH Coin is the local token of the Alchemy Pay ecosystem. Developed in the ERC-20 standard, this token is used as the main payment tool of the platform. Users can pay with ACH tokens, earn prizes, and pay transaction fees. In addition, ACH owners can vote to have a say in the management of the platform.
Alchemy Pay offers a hybrid payment solution that combines Fiat and crypto payments in a single system. It provides great convenience for users who want to pay through traditional bank cards and digital wallets. In this way, businesses and individual users can trade with both crypto and reputable currencies.
Alchemy Pay’s market performance
Alchemy Pay was founded in 2018 as a Singapore -based initiative. The project, which initially focused on the Asian market, grew globally over time and established partnerships with large enterprises. Today, platform Hong Kong -based retail giant Pricerite, Singapore’s famous entertainment brand Cé la Vi and Canadian -based shoe manufacturer Aldo cooperates with large companies.
ACH Coin, especially Binance and QFPAY, such as large crypto currency platforms by establishing a name. Alchemy Pay has become able to serve users of major e-commerce platforms such as Shopify. The wide integration facilities provided by the platform stand out as one of the biggest factors that accelerate the adoption of Ach Coin.
Community support and supply structure
Community support plays a major role in the success of crypto currency projects. Alchemy Pay also appeals to a large audience in this sense. The total supply of Ach Token is limited to 10 billion units. The circulatory supply is about 4 billion. While 62 %of this supply are reserved for public services and ecosystem development, 38 %have been allocated to stakeholders.
This token economy forms a solid foundation for long -term growth potential. Investors expects token to gain value over time due to limited supply. In addition, the growth of the platform and its integration with more enterprises can accelerate the adoption of Ach Coin.
