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Here’s How to Win 2500 $ACH Tokens on the Alchemy Pay Platform

22d ago
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Fiat-to-crypto payment solutions provider Alchemy Pay has announced that it will give away 2,500 ACH, its native token, to its users between February 17 and 21.

According to a tweet from the crypto payment solutions platform, users who want to win the 2,500 ACH must participate in a favorite blog and news contest.

Alchemy Pay users must choose their favorite blog posts from the platform’s website, share the article on the firm’s Telegram channel with reasons why it is a must-read, and qualify for the free tokens. The platform’s blog has more than 340 articles, so the platform’s users have various reports to choose from. 

At the time of writing, ACH was worth $0.034, up 30% in the past 24 hours, over 20% in the past seven days, and 50% monthly, according to data from CoinGecko. The crypto asset had a market cap of over $170 million and a 24-hour trading volume of $332 million.

There are 8.7 billion Alchemy Pay tokens in circulation, but the asset has a maximum supply of 10 billion ACH. At its current price, the 2,500 ACH will be worth around $85. 

Alchemy Pay’s Contests And Rewards

The Alchemy Pay favorite blog and news contest follows the firm’s Valentine’s Day Puzzle Challenge, which involved a series of activities, including lining up the word “AlchemyPay” in a word puzzle. The lucky winners were qualified to share 2,000 ACH worth around $50 per the token’s price at the time.

Alchemy Pay conducts many interactive sessions for its community members. Shortly before Valentine’s Day, the company unveiled a crypto quiz with a 2,500 ACH price. The three-stage quiz had five questions each for February 10, 12, and 14. Users who accumulated the most points had the highest chance of winning the prize.

The firm also conducts a monthly invite contest to grow its community. For this challenge, users get to walk away with 100 ACH.

The company’s efforts have yielded significant results, leading to its community members surging above one million. 

Alchemy Pay to Launch Layer-1 Chain

Besides the fun activities, Alchemy Pay is making real progress. In November 2024, the company secured new money transmitter licenses (MTLs) in four states, including Minnesota, Oklahoma, Oregon, and Wyoming, expanding its compliance in the United States. By the end of 2024, the firm had obtained 12 U.S. and UK licenses.

Additionally, the crypto payments solutions provider has over 1,000 partners across blockchains, stablecoins, decentralized finance organizations, and memecoins. Some of Alchemy Pay’s key collaborations are those with stablecoin issuer Tether, the decentralized layer-1 blockchain The Open Network, Coinbase Wallet, and other ecosystems, including Algorand, Uniswap, Celo, and Linea.

Meanwhile, Alchemy Pay plans to launch its layer-1 blockchain, Alchemy Chain, utilizing the Solana Virtual Machine (SVM) architecture. The protocol will be created to address the news of business operations and connect blockchain transactions with off-chain storage systems.

In addition to addressing businesses’ needs, Alchemy Chain aims to simplify the integration between fiat and crypto transactions, offer fast, low-cost settlements, and encourage transparency, security, and efficiency in global payments.

The post Here’s How to Win 2500 $ACH Tokens on the Alchemy Pay Platform appeared first on Cointab.

22d ago
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