| General information | |
|---|---|
| Global rank: | 260 |
| Name: |
Alchemy Pay |
| Symbol: | ACH |
| Current coin price (PHP): | 1.21 ₱ |
| Last hour: | arrow_upward1 % |
| Last 24 hours: | arrow_upward2.60 % |
| Last 7 days: | 7.52 %trending_up |
| Capitalisation (PHP): | 9 902 376 148.89 ₱ |
| Volume 24h (PHP): | 1 202 368 959.15 ₱ |
| Available supply: | 8 180 921 427.00 ACH |
| Total coin supply: | -1 ACH |
| Start date: | 2019-09-04 |
Alchemy Pay/Philippine Peso (ACH/PHP) price chart
Alchemy Pay/Philippine Peso (ACH/PHP) capitalisation and volume charts
Token: Alchemy Pay (ACH) is a cryptocurrency token built on Ethereum's ERC-20 platform. It serves as the foundational currency and a utility token within the Alchemy Pay ecosystem.
Platform/Project: Alchemy Pay is a hybrid crypto and fiat payment gateway, developed with the intention of bridging the gap between traditional finance and the burgeoning world of decentralized finance (DeFi). It aims to facilitate smoother transactions by enabling merchants to accept a mixture of cryptocurrency and fiat payments. The platform integrates with a variety of mainstream systems, such as e-commerce platforms and traditional point-of-sale terminals, seeking to simplify and expand the use of cryptocurrencies in everyday commerce.
ACH token serves multiple purposes within the Alchemy Pay ecosystem:* Transaction Fees: ACH is used to pay for transaction fees within the network, promoting a seamless and efficient experience for users.
Staking and Rewards: Holders of ACH can stake their tokens within the network to earn rewards and participate in the platform's growth.
Payment and Settlement: Merchants can opt to accept ACH as a form of payment, and it can also be used for settlement processes within the Alchemy network.
Alchemy Pay was co-founded by John Tan and Molly Zheng. John Tan, with experience in payment systems, combined his expertise with Molly Zheng's knowledge in blockchain to develop this project. They were joined by a team of experts from both the finance and tech worlds to bring Alchemy Pay to fruition.