We are pleased to announce our next AMA on August 20th 2021 at 03:00 PM UTC Time: Satoshi Club x Alchemy
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Alchemy Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Alchemy Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Alchemy
For more details:
Alchemy Website – alchemytech.io
Alchemy Telegram – @alchemy_official
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Payment is one of the core functions of currency and the need for crypto in value transfers is fundamental value of the entire cryptocurrency ecosystem The current role of payment for cryptocurrencies remains small in the cryptocurrency ecosystem due to Challenges of Blockchain Payment
Platforms like (1) Lack of basic payment functions for large-scale commercial applications (2) Lack of operational support systems needed by commercial
applications (3) Infrastructure issues of blockchain technology How Alchemy platform solve these problems and help user with fast, secure,convenient, flexible and fast-growing global payment solutions ?
As read from your whitepaper that the Goal of Alchemy is to design the payment protocol through community consensus, to build a decentralized, trust powered infrastructure, to expedite the penetration of cryptocurrency into our daily life; and most importantly to return the rights of payment to the merchants, the customer and the market.Can you explain what technologies and measures are used by Alchemy to achieve Decentralization of currencies, Decentralization of Technical Infrastructure and
Decentralization of Operational Mechanism ? Can you also talk about how Alchemy is building a trust-driven ecosystem ?
As Payment is one of the popular application areas of the blockchain,and many innovative projects have emerged.Can you give a brief comparison of Alchemy and Existing Blockchain Payment Platforms simple words ?
How Alchemy meets the needs of large-scale commercial application and what are the payments and settlement modes of
Alchemy platform ? Can you also talk about the product features of the platform ?
I was curious with one of your technical product which is under your Risk Mitigation Strategies. Based on your documents, there is an automated safety trigger to halt any transactions amidst price volatility and spikes. We all know that cryptocurrencies/tokens/cryptoassets are volatile in its own nature and we cannot deny that the price can shoot up or down instant. With crypto’s natural and continuous price fluctuation, does this mean the transactions in your app/platform always halts and stops? Does Alchemy Pay has its own definition of “price fluctuation and volatility spikes”? for its transactions not to be bothered and interrupted? What factors does triggers this feature?
I saw on your documents that Alchemy Pay has already launched on different countries from different regions and continents (Asia, Austrailia, Europe and NA) and have many more countries lined-up for launching. However, I noticed that you didn’t highlighted and mentioned the South America/Latin America region. Does Alchemy Pay has a conflict of interest with the countries of this region that’s why you did not include it? Also, how would you deal with the jurisdiction and regulators of a certain country that want to have your products and services but their government have issue regarding cryptocurrencies as a whole?
I am very interested on one of Alchemy Pay’s feature which is the “Asset Certification and Token Issuance”, where Alchemy intends to provide certification agencies and token issuers assurance by helping the asset owners tokenize their assets, thus, improving both liquidity and tradability amongst buyers and sellers. My question is, does this feature works on both liquid and illiquid assets like commodities, stocks, cars, real estate and housing? Also, how would Alchemy pay verify and check if an asset owner really does have the certain asset that he/she wants to tokenize? Can you explain the algorithm for this feature?
Your payment protocol rewards us and our customers with ACH tokens for every crypto transaction.
So, please tell us about the reward programs for Alchemy Pay users. After receiving the ACH Tokens reward, how can we use it? Besides transaction rewards, what other ways are there to earn ACH Token? And what other programs do you offer to your community: a loyalty program, an Ambassador program or a referral program?
Alchemy Pay is currently available in 65 Countries And Regions. Since Alchemy’s motto is “Be connected Globally”, do you plan to increase the list of supported countries in 2021? Do you already have in mind which countries to add to this list? Will there be excluded countries? If so, what are the possible reasons why those users could not use Alchemy in those countries?
In order to facilitate smooth payment solution, you have released Alchemy Payment App. This app can function as a crypto wallet and users can use it to buy and receive crypto by registering with your email. However, Some users have observed that despite the fact that this wallet app can can be used to hold crypto, there is no where to access their seed phrase or private keys. Apart access to account password, why can’t users have custody of their private keys or seed phrase? Who is responsible for securing these sensitive data and how can users be assured that these information is in a safe place? What type of email do you support as I am having difficulty receiving OTP using my email address? And since am stuck at registration and cannot explore the app further, can you explain more about the game and reward system of the app?
Despite the increasing popularity of digital assets, its adoption as a standard payment option is still lagging behind due to lack of technical skills, regulatory debacle or concerns and the uncertainty that comes with the price volatility of most digital assets. As an hybridised platform that want to bridge the gateway between fiat and Crypto, how will Alchemy Pay tackles these limitations and provide a payment system that can be readily adopted by most merchants? How is the automated FIAT-Crypto processing designed to work and how will it be able to facilitate paying or receiving of transactions in any local currency without resulting into FOREX friction?
One of the core technical advantages of Alchemy Pay is that BTC / ETH / LTC and other longer block time crypto can be expedited to seconds with anti-fraud technology. Can you explain a little more about this anti-fraud technology? How will this technology prevent a fraudulent process?
Is Alchemy coin and Alchemy the same company?
I noticed that the motto of your website is “Be connected Globally”. Your mission is global. However, among the languages available on your website is only English. Have you considered adding other languages as well? In order to facilitate the use of the platform to users from different countries and regions. I understand that it may be difficult to add all the languages but have you considered adding the most used languages? for example: Spanish, French, German, Chinese
Generally, the zero blocking confirmations for BTC and ETH must resort to the use of Lightning & Raiden for its operation, I have seen that your platform is different since they do not use Lightning & Raiden to perform this work, how can you make these blocking confirmations zero for BTC and ETH in an unconventional way? what is the benefit of not doing this? Why is it better to use your technological method rather than the conventional one?
I have seen that to carry out the plan that you follow it is necessary to require users to have ETH in their wallets for payments with ERC-20 token, this is a great challenge for a large part of the users, which will make Alchemy Pay solve this discomfort by part of users? Is there an alternative method that does not require a deposit of ETH for the use of ERC20 tokens?
There is a very common challenge in the market for platforms like yours, the problem is related to funds, funds become illiquid after users commit to a payment channel, and it is a bit difficult to find an equitable solution for This, how Alchemy Pay deals with these illiquid funds problems and strengthens users’ commitments with payment channels? What concept does your platform handle around this?
I was reading on your website about some of the advantages of your payment system and your characteristics seem good to me, but there is a common problem of payment systems that costs a little to solve, it has become common for payment systems to present problems and slowness in terms of transfers related to large sums of money, how does Alchemy Pay react the moment a transaction occurs with a very large amount to handle? is your payment system capable of supporting the magnitude of a large payment like that of a whale? What money limits do you recommend to users for daily use through Alchemy Pay?
Some payment platforms have considered integrating the option of using multiple tokens in a single payment channel and it seems to me a brilliant idea, this reduces many processes and shortens the transaction time, it is possible for Alchemy Pay to allow the use of Multiple tokens that share a single payment channel? Does Alchemy Pay show any incompatibility to do this or do we have to follow other guidelines for these cases?
The integrated second layer protocols periodically need clients or partners to integrate with the platform for a better resolution of processes, but there are other protocols that do not ask for these types of steps, how does your integrated second layer payment protocol work? do customers or partners need to join Alchemy? What differential factor does your protocol have in this regard?
In one of the segments of your website there is a very short paragraph that talks about a tool that allows multimode payments, the name of the tool is called “PullPay” but there is no more information about this, How does PullPay work and what benefits does this tool generate for the development of Alchemy Pay? What solutions does this tool provide for multimode payments? do you have to pay something to acquire this tool?
For the ALCHEMY payment consensus protocol to be implemented without problems in several public networks, it is necessary to make some modifications because otherwise problems will constantly be generated when trying to implement several networks, what adaptations has Alchemy Pay had to make in its blockchain network to avoid the generation of problems caused by using several public networks? I imagine this took time and work, how did you manage to solve this problem and allow the use of multiple public networks?
There is something I do not understand about your scalable blockchain network, the Integration of Lightning Network, Raiden Network and State Channel Network in an integrated network, some terminologies like these are a bit difficult to assimilate, what Alchemy Pay achieves by integrating these networks and what positive effect does this have on your payment system? because this is one of the key factors of your platform?
On your website, in the Technologies section, I read about PULLPAY Protocol and Lightning Network PULLPAY. Can you tell us what the PULLPAY Protocol is and what are the tasks and functions of the Lightning Network PULLPAY?
On your website you mention that all payments made in Alchemy Pay are anti-fraud due to an artificial intelligence algorithm that is integrated into your security system, this is quite innovative, but what about the “machine learning” mentioned on your website ? How does this influence the anti-fraud payments of your platform? how important is this mechanism within your algorithm?
There are a series of risks that users face when a price fluctuation occurs, this is dangerous and not all platforms offer coverage like this to reduce or avoid these risks, What solutions does Alchemy Pay provide in terms of the risks produced? by the fluctuation of market prices? do you offer any type of coverage against these phenomena?
Customizable templates for smart contracts are some of the tools most used by users and I understand that Alchemy Pay offers a range of customizable templates for contracts within its own ecosystem, what requirements or payments a user must make to use these customizable templates and when will they be enabled for use?
I am interested in your local currency exchange feature. It is true that this feature is beneficial for several parties such as tourists, migrant workers and international students. However, don’t you think that your feature can be misused for money laundering? What is your legal framework to face that kind of situation? Please explain about your KYC and AML policies. Have you introduced daily and monthly transaction limits to minimize this issue?
Since Alchemy Pay is a hybrid payment gateway, it is open for the non-crypto community for their payment needs. Generally speaking, both online and offline merchants accept card payments. Then what are the advantages of choosing Alchemy Pay for the non-crypto community? When fiat payment gateways are not rare across the globe, why did you design your platform as a hybrid system? How do you assure using Alchemy Pay is more secure, more convenient and faster than any other option?
$ACH is has a total supply of 10,000,000,000 tokens and 40% out of this which is 4 billion ACH is allocated for ecological reward pool. Can you explain how users can get incentive and be rewarded from the ecological reward pool? Will this reward be disbursed gradually by staking ACH in specific yield and staking pool or will users benefit from the incentive allocated to reward in the form of cashback and discount when they decide to pay with crypto or after making a consistent transaction above a particular threshold?
I observed that your roadmap showed that your project started in 2019. However, the roadmap ended in first quarter of 2021 and all the stages which are in quarters is crossed out. Does this mean that all the events that you planned for the project has been completed? What has been direction of your project from the Q1 of 2021 when the roadmap stopped to Q3 of 2022 that we are presently in? How do you decide on the project aspect to embark in and when they are to be released? What exciting releases and product event can we expect from Alchemy Pay in the coming quarters?
Hello Alchemy Pay
The technical product of Alchemy is composed of five layers which are the access layer,solution layer,core layer and the blockchain layer.My question is,What consensus protocol does each layers have to ensure consistency with decentralized applications?Does each layers acts in harmony with existing principles of decentralization?And how will using such technical infrastructure help in reducing dependency on traditional centralized payment networks such as Visa,Master etc?I really want to know thanks.
Hello Alchemy Pay
Alchemy is building a trust driven ecosystem through credit scoring architecture to address payment Security issues,due to the various security issues like fraud, phishing etc Since creating a secure payment environment is your top priority for your solution,you mentioned some measures you will follow to achieve them,merchant’s credit deposit,security,privacy protection,credit scoring,decentralized risk management and anti fraud,can you elaborate more on how all this will be achieve at a go?What are the benefits of using credit scoring architecture in your platform?
Hello Alchemy Pay
Recently,Alchemy Pay joined forces with one of the best crypto wallet and custody providers in Asia Cobo Custody,you both signed a strategic cooperation to integrate fiat-crypto payment and financial services which is why your platform provides hybrid payment integrated with both cryptocurrency and fiat currency.My question is, What are your reasons behind this collaboration and what help/services will Cobo render to your clients in Alchemy pay?Do also plans in having more partners with crypto-fiat payment platforms in other continent aside those in Asia?
I discovered that Alchemy rewards customers with ACH tokens. Why did you choose ACH token? And is there any plan of using any other tokens as a means of payment in future?
Alchemy is building a trust driven ecosystem through credit scoring architecture to address payment security issues. Can you please elaborate on “Credit Scoring Architecture, and why you think this method is safer, reliable and secure as against other methods of security?
It is said that you will use a proprietary lock to lock your Initial liquidity for a given time after which, this liquidity will unlock and 20% of it can be withdrawn and migrated. Since your token sale launch is less than 7days, What is token maximum supply and how much will you be selling at launch? Which amount of your sale income will you lock into liquidity and for how long do you want to lock LP initially? Why is the team only able to remove 20% of the liquidity and not the entire liquidity after the lock period expire?
What do you consider to be the greatest strength that Alchemy has and considering the strong and great competition and volatility of the market, which are the weakest aspects that need to be reinforced; Taking into account that the future of cryptocurrencies is immeasurable, I would like to know if Alchemy is financially and technologically prepared, and with the human team trained to face the enormous labor and financial demand that is brewing in cryptography?
Being the world’s first hybrid cryptocurrency and fiat payment gateway, what are the risks that Alchemy has when integrating two such different systems; The financial and economic system of many countries is unstable or vulnerable in many aspects, can this condition affect the development of Alchemy by receiving local currencies, can this affect liquidity and risk profitability?
The global economy has gone through a strong recession worldwide because of Covid19, do you think there will come a time when it will be necessary to unify finances, link the best features and centralized and decentralized protocols? or will decentralization be enough backed by smart contracts and blockchain consensus mechanism to stimulate and build investor confidence?
Alchemy Pay (ACH) provides hybrid crypto-fiat payment solutions, and you’re currently available in 65 countries and regions. What does it mean for people living in those countries? Will they be able to use your platform for payments, widely? For example, if I’m living in Colombia, where could I use your platform, and how easy would the process be? Do the offline stores you partner with have a telltale way of making people aware that they accept this payment method? Or do users have to know beforehand? Is it only available in major cities?
Alchemy Pay is a platform positioned to provide an international payment channel for merchants. The payment channels of Alchemy Pay payment ecosystem include more than 200 fiat currencies in 65 countries; 20 types of digital currencies including BTC, BCH, BNB, BUSD, HT, HUSD, GUSD 300 types of fiat currency payment systems such as WeChat Pay, Alipay, Visa, Master, Dash, GrabPay, Nets, etc .; and hundreds of wallet providers the likes of Cobo, ImToken, Trust, etc. Please tell me, how can I take advantage of all this, the Alchemy Pay application is available for download and installation on a mobile phone? What steps do I need to take in the application to use it to its fullest and to keep my personal information and my assets safe? What data is taken into account when registering an account and what methods of protection when authorizing an application and to confirm transactions can I set: an SMS message with a code to a mobile phone or email address, biometric data using a fingerprint, pattern, captcha, seed or codeword? How secure is the Alchemy Pay app?
Greetings my question is why should I use Alchemy Pay? can Alchemy accept payments worldwide and in what currency can I receive my payments, can I receive my payments in my local currency? and how do I earn ACH rewards
I was reading that Alchemy Pay has an ACH token, what fee can I pay with the ACH token, can I just use it to pay any fee related to the Alchemy Pay platform? I also understand that you partnered with Binance to allow the use of BNB and BUSD for payments, can Alchemy merchants accept payments in BNB and BUSD?
Alchemy Pay is a platform that enables digital payments Around the world, but how it fulfills these functions and characteristics, it has Three core technical advantages, which are and how they work within the platform and how would the response capacity be if more than 10,000 users are making transactions at the same time.
One of the KILLER features of Alchemy pay is possibility of the DApps to pay with tokens Instead of assume the Gas costs, so How this can be possible?
Can you explain us where your native token can be traded? Also how do you manage the regulatory or legal issues?
Alchemy pay can be adapted with 2-Layer Protocols? Like Lighting Network ?
⚛ The principal target market of Alchemy pay is Asia-Pacifics, but apart of this territory, Which other territories Alchemy pay have plans to introduce? Maybe Europe?
Can you tell us who are your main competitors are right now and how alchemy can be compared with theirs ? and what flaws in your project must be addressed before users choose your project over a competitor?
As Alchemy can meet the needs of the commercial beneficiary on a large scale, can the inclusion of fiat currencies be a bridge for traditional finance to gradually become fully involved in cryptography. What is complex PUSHPAY and PULLPAY payment models?
Since its launch, what percentage of tokens have they managed to distribute and what is the maximum price they estimate to achieve, what are the strategies and protocols that Alchemy will implement in order to close the gap between the fiduciary and cryptographic economies, does it have any project or charitable action to carry out and contribute something in favor of the most vulnerable sectors?
What are the offline services offered by Alchemi, when making the settlement with the client’s local currency some additional fee is generated, with respect to stable cryptocurrencies, they will also have participation in Alchemy, they expect more countries to participate in their project and that Does your number of partners and developers continue to grow?
One of the most outstanding things about Alchemy Pay is that it is not only a bridge to the fiat world but it rewards users with ACH tokens for each crypto transaction, can you explain the reward system in this regard? What depends on the amount of tokens that a user can receive per transaction? Is there a daily limit?
I can see that your token has been widely adopted in most exchanges such as Huobi, Gate.io and others also known, however it would be amazing to see it listed on Binance Smart Chain, can you tell us about your plans to expand to other exchanges? Does this represent a challenge for your project?
Alchemy looks great and I am very happy that it already has a reach in over 60 countries, however when it comes to wallets and payment gateways it is impossible to overlook Binance, which are growing super fast and are doing a great work (I personally use it a lot). I would like to ask then how Alchemy plans to compete with centralized payment gateways like this one, do you think the world is ready to go decentralized yet? What do your customers think about this?
Please explain to us the security measures or layers of security of Alchemy Pay. Can businesses or users be reassured to store all their funds here? At this point I think decentralized wallets are a bit scary, as it is one thing to deposit money that you know you are going to risk investing in a certain currency, and another thing to entrust your family’s money to a wallet that nobody is responsible for. Maybe they plan to incorporate some kind of insurance?
I got to read in your website that web 2.0 has many issues and lacks several functions needed to efficiently manage blockchain, because web 2.0 infrastructure uses multiple servers managed by a load balancer, which doesn’t work with blockchain because each node has different blocks, transactions and logs, so this constantly causes errors that crash apps. Web 2.0 seems to be responsible for many bad experiences from blockchain users, yet it has been leader for a long while, so what is the component and functions of Web 3.0 in Alchemy Pay that allows it to overcome all the issues of Web 2.0?
Alchemy Pay claims to be the world’s first hybrid cryptocurrency and fiat payment gateway with sixty-five countries and regions. I would like to know, how important is to give support to each user, if you have a 24/7 support service and in different languages, also could you tell us, how you are gaining the support of the community, if you have programs to interact with your users or any special plan to attract and expand the community and improve the user experience?
As I know beyond competitive transaction fees, your payment protocol rewards users and customers with ACH tokens for every crypto transaction. Where can we trade $ACH? how competitive are your fees?
About customers’ payment method or currency. Can Alchemy Pay settle with users in theirpreferred local currency? Can users minimize their FX friction?
With Alchemy’s Supernode users can requests for archive data stored since the blockchain was created, even on the free tier. Developers can all the historical blockchain information they need, including being able to fork the entire chain from genesis. Does this mean they have access to any user information with this feature? Or how is privacy preserved?
How does Alchemy Cross Chain Payments works? can users make payments through Atomic Swap?
Could you please supply your social media links? How can we stay up to date with Alchemy news? Is there going to be a new update soon?
in addition to providing hybrid crypto-fiduciary payment solutions, you offer that your payment protocol will reward us with ACH tokens for each cryptographic transaction, could you tell us what would be the utility of these ACH tokens, will we have any advantage to keep it or government voting rights while we have it?
Before using any payment platform, it is important to know how much seriousness is given to the issue of security, that is why, I would like to know, what is being done in Alchemy Pay to have a good security, have you already been auditing your project to make it more secure and reliable, do you have any audit certificate, and if so, after auditing, what security measures have you put in place to minimize any vulnerability that they may have?
Can you tell us what your long-term vision is, how you think Alchemy Pay will work and avoid being displaced by another project with better products and benefits and based on your current achievements, do you think Alchemy Pay is a project that is really sustainable in the long term?
It catches my attention that I diagnose that in Alchemy Pay “No matter the payment method or the currency of your clients, we will settle with you in your local currency”, that means that we will forget about having to carry out swap or P2P sales at all times to be able to buy, since Alchemy will do it automatically?
Really by simply using the Alchemy payment method we will receive some kind of ACH rewards? Or will it really have to be a payment of a significant amount to be able to obtain them? Besides how much will that ACH reward be?
Famous months ago they accepted to receive as a means of payment the BTC for the sale of their company’s products, but really why would those companies prefer to directly accept a type of crypto asset when with alchemy they would make the complete change to Fiat? Could it be that there will be preferable in a certain way to pay and collect in crypto assets before fiat?
Could you tell us what the transaction fees will be when using Alchemy as a means of payment? Will they have a different cost depending on the currency or tokens that you want to pay as it is commonly in DeFi?
Because Alchemy accepted crypto assets from clients and deposited them in fiat, will this allow companies to comply with accounting records and pay taxes for each prospect without any problem? If not, then how will it be accepted in these countries if it will not be attractive for these tax payments?
Will Alchemy Pay be limited to crypto asset transfers? Or can it also adapt to receive payments through cryptographic cards?
According to the image on their website, Alchemy Pay is only available for 6 types of currencies, but are they really the ones that are currently available? or did they really already incorporate any additional ones? If not, when do you plan to incorporate more?
Months ago I read that Amazon plans to accept crypto assets for the sale of its products, will this be an opportunity for Alchemy Pay to establish itself as the most used crypto payment method in the world? or have not really contacted Amazon to present a proposal?
Alchemy Supernode powers each piece of node functionality with the same systems used by Facebook and Amazon for achieving massive scale. Those two are the biggest centralized digital figures, how can their system be comparable and efficient to the development of blockchain nodes, that are some finally determined by its capacity of achieving effective Decentralization?
Alchemy Supernode was created to maintain the infrastructure of blockchain models, so its owners can focus on anything else they want in the project. How customizable can this infrastructure be, and what maintenance would be needed once it is set on?
In an effort to increase access to ACH tokens for all Alchemy Pay related transactions for customers and merchants alike, the ACH token has been listed in no fewer than 12+ exchanges and counting. As this helps to further ease all crypto fiat transactionary solutions on Alchemy Pay, how does Alchemy incentivize users with the aim of increasing their preference for using the ACH token for all business related transactions, how does Alchemy Pay provide premium offline business solutions for all parties, and talking consumer related solutions, does Alchemy tailor it’s payment services specific to the business genre or merchant preferences?
In facilitating the use and adoption of $ACH for all payment related solutions, Alchemy has incorporated a payment and referral incentive mechanism. With a lot of platforms of same business genre as Alchemy offering similar users-tied incentives, may I know how the Alchemy incentive mechanism works, how are these incentives linked to the operational and transactional activities of users, are there certain predefined conditions and limits to which such incentives are revoked or further enhanced to a users advantage, and are these incentivized rewards paid out exclusively with ACH tokens?
Alchemy been a registered entity in Singapore and your business solutions and services heavily tied and concentrated in the Asian Market, and cummulating to the fact that Alchemy desires a global presence and customer base, how effectively will Alchemy look to expansion and adapting it’s solutions to other regions of the world, and how will you look to partner and work with merchants from this identifiable regions. Finally, with diaspora remittances surging at an astronomical rate especially among developing nations, how does Alchemy intend to leverage and provide solutions to this market?
Among the basic functions offered by your platform there is an option of multi-level account support, this feature is not present in direct competitors such as Pumapay, Cicle / Bitpay, Rippe / Stellar and others … so can you tell us what it consists of? Do you require verification of the identity of the user in each level account? How many types are there and for whom is this function addressed?
Money laundering and cryptocurrencies are generating a lot of noise in many developed countries, decentralization in this sense is being highly criticized by traditional financial services and their different regulations. In this case, Alchemy provides a connection between the crypto world and the real world, but are there regulations? Can you tell us about your anti-money laundering programs and how do they adapt to the jurisdiction of each country?
How Does Alchemy Pay aims to Continue its Operations with Kow cost & High Efficiency?
How many Merchnats have been integrated to Your platform?
What Challenges are there in Existing Blockchain Payment platforms?
What additional Features Alchemy pay is providing to attract more users to it platform?
I Really like the Project which are solving real world problems,
Can You please tell us about In which private/public sector, Alchemy Pay is currenlty used?
In Which Countries your are trying to expanding?
How has Alchemy Pay deals with Governements Regulations & actions?
Have You partnered with any Local Govt to work At local level?
Is There a Andriod/ios app available for the Platform?
If yes? How can We download it?
If now? Then When can we see it ?
Getting Paid in Local Currency through Blockchain Payment methods is very good & Important, But It is not so easy to expand this features in evrey countries,
Many Govt. Have taken these platform very Seriously, What’s Your take on this?
Is ACH Tokens used to pay any fees related to the Alchemy pay platform only? By this, does it not pose as a deficiency on ACH Token? And how good does such structure does to ACH Tokens and the ecosystem? On earn and reward ACH, you did said Beyond Competitive transaction fees, your payment protocol rewards I and my customers with ACH Tokens for every Crypto transaction. How many ACH Tokens does your payment protocol rewards? What is the tax ratio for the transaction because you never seems to mention any are there hidden charges?
By Click on any of the 12 logos to buy ACH on any of these exchanges, my click on one of the logos i.e bkex Market ACH/USDT is on 6 decimal at 0.074875 USD and at a buy price of 0.0745552 USDT. Could you please tell the good prospects posed by the outlooks of these figures on ACH/USD and in the blockchain?
Wow – Alchemy pay world’s first Hybrid crypto & Fiat payment Gateway covering 65 countries and Regions, 300 Fiat and crypto Payment Channels, 100 + Strategic Partners and Developers this massive I must say. Is Alchemy as a blockchain pay a kind of Payment System Which Pays the User and as Well rewards for every Crypto transaction With ACH Token?
Only for Germany Residents, ACH, FET, IOTX, ORN & PAX currencies are now available in Coinbase so to be capable of converting, selling, buying these assets. But Alchemy Pay operates in Singapore. So why do you give priority to German residents in this event? Isn’t it unfair dor other regions? But any user can use a VPN to prove them as Germany residents. What about this case? Is KYC needed for entering this opportunity?
You have collaborated with 100+ world class platforms such as BINANCE, Huobi,Shopify etc. So how about these partnerships? Will both of parties aquire utmost benefits through these collaborations? Can we use $ACH token in their platforms as medium currency? I hope, there will be more collaborations in future with well known platforms. Can you tell us a few brands & platforms, you hope to collaborate with in future?
On your Technical part, I saw integration of Lightning Network, Raiden Network, and State Channel Network into an integrated network. So basically Lightning network use to make transaction fees low & make fast transactions on a offchain ledger as a layer 2 solution in BTC blockchain. Can you tell more details about lightning network? What is the Raiden Network, state channel network & how do them help to make more efficient & higher scalable network? Please explain furtherly to undestand your adaptable blokchain network?
Alchemy offers us a set of tools that help traders to analyze the market, add prices and make decisions, the DEX have been increasing their space at a fairly rapid rate, however the CEX are still in force in the market and with a high proportion of users; What CEX strategies and protocols do you think could be applied in DEX to create a more unified financial system that satisfies traditional and current demands? Polkadot provides them with the perfect ecosystem to develop all the strategies and proposals to achieve their ambitious but achievable plans and goal of showing the world that CEX is the past and DEX is the future?
Alchemy Pay accept payments through Apps,POS,Web and Card. So,can you briefly explain how payment can be done with each gateway payment? What advantages of each payment gateway? Which is more recommendable and reliable payment gateway in Alchemy Pay? Is there any transaction charges when using Apps,POS,Web and Card payment? If yes,how much would it cost each? Is there also minimum amount to pay to access and use those payment gateway? Thank you
According to your whitepaper that Alchemy creates a decentralized version of Ant Financial’s of crypto world which is called “Ant Credit Pay” built upon it’s payment infrastructure. So,can you explain more about the Ant Credit Pay version of your platform? How does Any Credit Pay works? What advantages and good benefits we can experience with the Ant Credit Pay version of your platform? How could Ant Credit Pay be utilized in Alchemy Pay? Thank you
Can you explain more about the Referral Incentives of Alchemy Pay? How does this incentives mechanism works? What are the incentive we can get when we refer friends to use your platform? In return,what will be the incentive for new users in your platform? Is there any minimum number of friends to be refer? Thank you
Hi Alchemy!
Alchemy boasts an amazing number of supported countries and currencies! Can you share what new countries and geo-political areas are next in your expansion plans, when worldwide domination?
Is it difficult to support so many countries with different laws, financial infrastructure, customs etc.. Do you have dedicated departments working for specific geo markets or is your solution global without custom functions for particular countries if their legislature does not allow you operating in default mode?
Thank you!
Hi Alchemy!
Partnerships are a necessity in crypto space and I see you already have multiple big names Shopify, Binance, Celo, QFPay, Arcadier and more! Could you please share what new partnerships and collaborations are in the pipeline for the near future? Are there any particular regional brands that you want to bring onboard to the Alchemy Pay ecosystem? And finally I want to ask about competition, there are many payment systems, some global, some local scale. What is your strategy towards them, are you planning to coexist and each take its share of the pie or maybe you consider future murgers with smaller competitors?
Thank you!
Hi Alchemy!
I;d like to learn more about your payment gateway and how it deals with price volatility that is an integral part of the crypto space. Crypto assets are volatile, some more some less but we are all too familiar with sudden pumps and dumps that can occur on the market in a matter of minutes. How do you solve this problem if conversion rate cannot be maintained during transaction processing time? Do you warn users beforehand and require acceptance that the price is not guaranteed? Or do you have your own pool that dampens the volatility and allows for a safe transaction completion at an agreed upon price? Or do you stop and fail transactions that encounter high price fluctuations and fall outside of the expected price range?
Thank you!
The hybrid crypto-fiat payment gateway Alchemy Pay has announced the launch of virtual crypto-linked cards that will support and accept more than 40 cryptocurrencies. So, can you tell us more about this? how this virtual cards works? Can it be linked to digital wallets? Where will this virtual card be accepted by merchants?
Thank you!
How confident are you that alchemy pay has a long structural future?
Thankyou
How is ACH going to replace other coins like XRP
What are your strengths and weaknesses? How do you plan reduce your weaknesses in the future?
What sets alchemy pay apart from other currencies that have attempted to become the universal method of payment?
How many exchanges do you see listing ACH in the next year?
What happens when you run out of money
What is the relationship between fiat and crypto?