What does alchemy Pay do?

Alchemy Pay’s hybrid crypto-fiat payment system allows merchant partners to accept popular cryptocurrencies for instant offline and online payments at a low cost and the system is currently supported in more than 70 countries and reaches more than 2 million merchants.

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Who is behind Alchemy Pay?

Nikil Viswanathan is the co-founder and CEO of Alchemy, the world’s leading blockchain developer platform. He was honored as Forbes 30 Under 30, received his BS & MS in Computer Science at Stanford, and formerly did product management at Google, Microsoft, and Facebook.

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Can you mine Alchemy Pay?

Alchemy Pay can be mined using specialized mining software . XMR Stak is a commonly-used mining tool that works for CPU mining and GPU mining with both Nvidia and AMD graphics cards. CCMiner is another popular mining tool for computers with NVIDIA graphics cards.

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Is Alchemy crypto a good investment?

Alchemy Pay has certainly performed very well over the past 12 months, more than doubling in value . That said, you do need to be cautious. Cryptocurrencies can be highly volatile and prices can definitely go down as well as up. You will need to do your own research and never invest more than you can afford to lose.

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What is alchemy Pay coin?

Alchemy pay (ACH) is the native token of the Alchemy Pay system . As we have mentioned, it is an ERC-20 token, so it operates on the Ethereum blockchain. Merchants who sign up to Alchemy Pay have to use the token to get access to the network. Meanwhile, customers can mine ACH by participating in the network.

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