Alchemy Pay Now Supports Users Connecting Their Exchange and Brokerage Accounts

Twitter icon  •  Published 5 months ago on July 16, 2024  •  Hassan Maishera

The Alchemy Pay team announced via a blog post on Monday that it now supports users connecting their exchange and brokerage accounts such as Coinbase, Kraken, and Robinhood to pay for orders using their crypto balances

Alchemy Pay Now Supports Users Connecting Their Exchange and Brokerage Accounts

The Alchemy Pay team announced via a blog post on Monday that it now supports users connecting their exchange and brokerage accounts such as Coinbase, Kraken, and Robinhood to pay for orders using their crypto balances.

his also enables merchants to accept crypto payments through these methods. 11 exchanges are already supported, including Kraken, KuCoin, Paxos, OKX, Bybit, Coinbase, Coinbase Prime, Robinhood, Binance, BinanceUS, and Huobi. Major cryptocurrencies such as Bitcoin, Ethereum, USDT, and USDC are supported, providing users with flexible payment options.

Furthermore, Alchemy Pay users can choose to pay with cryptocurrency after placing an order at a merchant integrated with Alchemy Pay. They can transfer crypto to the address provided by Alchemy Pay to complete the payment.

Alchemy Pay is a payment system focused on retail transactions at the point of sale and peer-to-peer remittance. Users can make payments in fiat, stablecoins, and other cryptocurrencies on traditional payment systems. Alchemy Pay’s ACH token is up by 4% in the last 24 hours and currently trades at $0.02553.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.