How To Buy Alchemy Pay (ACH) Guide

Alchemy Pay (ACH) is a decentralized payment gateway that focuses on bridging the gap between fiat and cryptocurrency payments. The platform is a trusted destination for on-ramp and off-ramp services, supporting over 40 different cryptocurrencies and numerous fiat currencies. In this article, we'll take you through a step-by-step process on how to buy Alchemy Pay (ACH) on Binance and the project's key values.

Where To Buy Alchemy Pay?

Some of the most popular exchanges to buy ACH include Binance, Coinbase, KuCoin, and Kraken. When choosing an exchange to purchase ACH, it's essential to consider factors such as fees, security, user interface and supported payment methods. It's also important to note that some exchanges may only be available in some countries or regions.

Step-By-Step Guide On How To Buy Alchemy Pay :

Follow the below steps to buy Alchemy Pay using the Binance exchange.

Step 1: Register for a Binance account

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The first step is to register for a Binance account; if you already have a Binance account, you can skip this step.

To register, visit the Binance website and click on the "Register" button at the top right-hand corner of the page. You will then be prompted to enter your email address and create a password. You can also use the main sign-up with an email or phone option.

After completing this step, you will receive an email confirmation from Binance.

Create an account using your personal phone number or email address on Binance. Registering as an entity if you want to buy Alchemy Pay as a Limited company business on the Binance exchange is also an option.

Step 2: Verify your identity on Binance

Before you can buy ACH on Binance, you will need to verify your identity. To do this, click the "Profile" button on the top right-hand corner of the page and select "Identity Verification."

Follow the instructions provided by Binance to complete the verification process.

To complete your Binance registration process and start buying crypto on the Binance platform, you must submit a valid government-issued passport or Driving license based on your country of residence.

Step 3: Buy ACH

There are numerous ways to buy Alchemy Pay on the Binance exchange, and it all comes down to your preference. We will explore some popular methods to buy Alchemy Pay on Binance.

Option 1: Fund your Binance account with crypto

This method is helpful for anyone who owns crypto on other platforms or wallets. Once you have transferred your Bitcoin to a Binance account, you can buy Alchemy Pay with Bitcoin as Binance supports trading BTC/ACH pair.

After verifying your identity, you can fund your Binance account with crypto. To do this, click the "Deposit" button on the top right-hand corner of the page. You will then be prompted to select the cryptocurrency you want to deposit. Select the cryptocurrency you wish to deposit and follow the instructions provided by Binance. Once your cryptocurrency has been deposited, you can proceed to buy ACH.

On the deposit Crypto page, choose the crypto (in this case, we selected bitcoin) and its network. Binance will generate a bitcoin address to deposit your BTC. Copy the deposit address and initiate a withdrawal on the withdrawal platform. Once the transaction is confirmed, Binance will credit the crypto.

Convert Bitcoin Crypto to Alchemy Pay (ACH)

After transferring your crypto Binance account, hover over the Trade menu at the top menubar and click on Binance Convert, where you can convert your crypto to ACH.

There are two ways to convert your crypto to ACH: Market order or Limit order.

Buying ACH with market order: Market order allows you to convert your assets at the current market price based on the quoted price in the conversion.

Buying ACH with limit order: A limit order allows you to place an order to convert your assets at a specified limit price. However, limit orders are executed subject to market conditions and may not be completed even if the market price reaches or crosses your limit price momentarily.

The above screenshot shows an example of placing a limit order to buy Alchemy Pay using BNB. You can click on the bars icon next to the limit button to display the price chart of your selected crypto convert pair. Click Confirm Order to get 183 ACH tokens into your account.

Congrats! You have now bought Alchemy Pay by funding your Binance account with crypto and using Binance Convert.

Option 2: Fund your Binance account with Fiat

This option will benefit you if you prefer to fund your account with your preferred fiat currency beforehand. Customers can fund their Binance account with fiat currency via direct bank transfer or credit/debit card.

When using the Bank transfer method to fund your account, make sure to follow the below tips:

Your bank account name must match the name registered to your Binance account.

Please include your full name in your bank transfer's Reference/Remark section.

If the deposited amount exceeds your daily limit, Binance will divide the total payment based on your maximum daily limit.

After funding the account with fiat currency, it will be stored as your cash balance on the Binance account. Using the deposited fiat currency, you can now buy crypto using the buy crypto with Cash Balance tool.

As shown above, buy Alchemy Pay immediately with your preferred fiat currency! You will get an estimated price of ACH based on the currency of choice, and you enter the desired amount of ACH to buy and confirm the order.

Congrats! You have now bought ACH by funding your Binance account with fiat currency and using a Binance Cash balance.

Option 3: Buy Alchemy Pay with a Credit/Debit Card (Popular method to buy Alchemy Pay)

To buy ACH on Binance using a Credit or Debit card, navigate to the Buy crypto via card page using the top navigation menu.

On the buy crypto with card page, you will see various options to choose the fiat currency to buy Alchemy Pay. Enter the desired amount of ACH tokens to purchase and click Continue.

In the payment method section, if you just created your Binance account, add the card details you will use to purchase ACH.

Once you have entered the card details, you must review the order details to ensure they are correct. If everything looks good, click the "Buy ACH" button to complete the purchase.

Congrats! You have now bought ACH by funding with your Credit/Debit card!

Recurring Plan

Alternatively, you have the choice to buy Alchemy Pay (ACH) on a recurring basis.

The recurring model typically allows you to regularly invest in cryptocurrency with a pre-determined amount and accumulate your crypto holdings over time. If you are committed to the long-term growth of a coin/token and bullish on its future price movements, it is an excellent way to DCA into the project.

Step 4: Buy Alchemy Pay

Buy Alchemy Pay with Paypal: Binance does not currently support purchasing Alchemy Pay (ACH) directly with PayPal. However, you can still use PayPal to buy cryptocurrencies on other platforms and then transfer those funds to your Binance account to purchase Alchemy Pay. Other exchanges, such as Coinbase support Paypal payment methods to buy crypto. If you have an existing PayPal account, you can start transactions on Coinbase immediately.

Buy Alchemy Pay with a credit card on Binance exchange: To Add a credit card, Go to the "Buy Crypto" page on Binance and select "Credit/Debit Card." Follow the prompts to add your credit card details.

Buy Alchemy Pay with Debit Card: To Add a debit card: Go to the "Buy Crypto" page on Binance and select "Credit/Debit Card." Follow the prompts to add your debit card details.

Step 5: Withdraw ACH from Binance

After buying ACH on Binance, withdraw it to a hard or soft wallet you control. To do this, click the "Withdraw" button on the top right-hand corner of the page. You will then be prompted to enter the wallet address to which you want to withdraw your ACH. Ensure you enter the correct address, as transactions on the blockchain are irreversible.

You must also enter the amount of ACH you want to withdraw. Once you have entered the correct wallet address and the amount of ACH you wish to withdraw, click the "Submit" button. Binance will then process your withdrawal request, and your ACH will be sent to the wallet address you provided.

Tips for buying ACH on Binance

1. Always double-check your order details before placing a trade to ensure everything is correct.
2. Consider using the "Limit" order type instead of the "Market" one when buying ACH. With a limit order, you can set the price you are willing to pay for ACH, whereas, with a market order, you will pay the current market price for ACH, which may not be the best price.
3. Consider using two-factor authentication (2FA) to enhance security after registration.

10 Reasons To Buy Alchemy Pay  Right Now

Should I buy Alchemy Pay? If you are considering whether you should buy Alchemy Pay or not, then the below points may provide some clarity about the project.

1. Payment processing: Alchemy Pay is a payment gateway that enables businesses to accept cryptocurrency payments from customers worldwide.
2. Multi-currency support: Alchemy Pay supports over 40 cryptocurrencies, including Bitcoin, Ethereum, and popular altcoins like Dogecoin and XRP.
3. Fiat gateway: Alchemy Pay provides a fiat gateway that allows users to convert their cryptocurrency into fiat currency to withdraw to their bank account.
4. Mobile payments: Alchemy Pay supports mobile payments, enabling users to pay for goods and services using their smartphone or tablet.
5. Merchant service: Alchemy Pay provides merchant solutions, streamlining their checkout process with the integration of cryptocurrency payments.
6. Global coverage: Available in over 100 countries, Alchemy Pay offers a global payment gateway for businesses of all sizes.
7. Instant settlements: Alchemy Pay offers instant settlements, providing businesses with near-instant access to their funds.
8. Low transaction fees: Alchemy Pay charges some of the lowest transaction fees in the industry, making it a cost-effective payment solution for businesses.
9. DeFi integration: Alchemy Pay has integrated with popular DeFi platforms such as Uniswap, allowing users to easily swap cryptocurrencies.
10. Global partnerships: Alchemy Pay has partnered with leading global brands such as Binance, Shopify, and QFPay, providing businesses with access to a wide range of customers.

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