Alchemy Pay and Polkadot Partner to Enable DOT Purchases and Sales in 173 Countries Using Local Fiat Currencies

Alchemy Pay, a crypto payment solution provider, has teamed up with Polkadot. With his new collaboration, users can effortlessly convert DOT to and from over 50 fiat currencies across 173 countries using their preferred local payment methods.

Crypto payment solution provider Alchemy Pay has integrated with Polkadot. The collaboration enables users to convert DOT to and from over 50 fiat currencies across 173 countries using their preferred local payment methods.

“Super excited to announce our partnership with @Polkadot! ?

DOT, the native token of the #Polkadot network, is now available for smooth buying and selling on #AlchemyPay's On and Off-ramp.

Plus, we're supporting USDC and USDT on Polkadot through our on-ramp service.

↣ Alchemy Pay (@AlchemyPay) March 10, 2023″

Alchemy Pay is a payment protocol that facilitates fiat and crypto global economies. It provides crypto payment solutions, on and off-ramps for fiat-crypto exchanges, and NFT checkout services that enable direct purchases with fiat payments. With Alchemy Pay, merchants and end-users can carry out convenient and flexible payment transactions in fiat and cryptocurrency.

Alchemy Pay’s On and Off-Ramp now allows users to purchase and sell DOT, the native token of the Polkadot network. Using their preferred local payment methods, users can easily convert DOT to and from over 50 fiat currencies throughout 173 countries.

Besides supporting USDT and USDC on Polkadot, Alchemy Pay’s On-Ramp offers users a wide range of fully compliant payment alternatives. This integration creates a seamless access point for both novice and seasoned investors who wish to participate in the Polkadot ecosystem.

Alchemy Pay accepts well-known payment methods like Visa and Mastercard, along with other options like Apple Pay and Google Pay. It has expanded to 173 countries worldwide, covering over 300 payment channels. Additionally, Alchemy is compatible with bank transfers and mobile e-wallets using mobile devices.

Alchemy Pay is actively pursuing licenses in various countries and regions, including different states in the United States, the United Kingdom, Canada, Indonesia, and Lithuania, with the upcoming acquisition of licenses in Hong Kong, Singapore, and other locations. This is part of the company’s efforts to broaden its service portfolio and optimize its operational efficiency capabilities.

Visa and Mastercard have appointed Alchemy Pay as an authorized third-party service provider, further solidifying the company’s position as the industry leader in the cryptocurrency payment scene.

Polkadot is a blockchain that’s designed to support other blockchains. Think of this crypto platform as a network of other blockchain systems. It offers an advanced modular architecture, allowing developers to design and build their specialized blockchain projects quickly. Its pooled security ensures the same high standard for secure block production across all connected chains and apps connected to it, as well as robust governance that provides a transparent system where everyone has a say in shaping the blockchain ecosystem for growth and sustainability.

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