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Alchemy Pay 2022: A Year in Review

Alchemy Pay 2022: A Year in Review

We realise that 2022 was a tough year for many cryptocurrency enthusiasts but nevertheless it was a year of significant development at Alchemy Pay. As a fiat-crypto payment gateway that has been serving businesses since 2019, we took the decision to utilise our payment network to provide direct-to-customer solutions.

It was a year filled with service launches, integrations, and events, and it ended with the announcement of our new roadmap. A heartfelt appreciation for our ACH community — let’s build a great 2023 together!

On-Ramp, Off-Ramp, and NFT Checkout Launched

In late June 2022, we launched our fiat-crypto on-ramp, available via plugin or API. Further capabilities such as an off-ramp (currently we offer payouts to bank accounts around the world in 29 currencies), and an NFT Checkout have since been added to our suite of payment services.

We are able to serve crypto platforms of all sizes with Mastercard and Visa payments for users in 173 countries supported alongside countless regional e-wallets and domestic and international bank transfers.

Payment Methods Supported

  • Mastercard & Visa — 173 countries (all countries except: Algeria, Afghanistan, Bangladesh, Burundi, Cuba, China, Eritrea, Iran, Iraq, Libya, Morocco, Myanmar, North Korea, South Sudan, Sudan, Syria, Venezuela, Yemen, Zimbabwe, Nepal, Pakistan, Puerto Rico
  • SEPA (Europe & UK)
  • Apple Pay (currently USD, EUR only)
  • Indonesia (DANA, OVO, QRIS)
  • Thailand (Thai QR)
  • Vietnam (ZALO, MOMO, ViettelPay, bank transfer)
  • UAE (bank transfer)
  • Malaysia (Touch n Go)
  • Philippines (GCash, QR, bank transfer)
  • Singapore (PayNow)
  • South Korea (popular e-wallet)
  • Japan (PayPay)
  • Mexico (SPEI)
  • Brazil (Pix)
  • Argentina (bank transfer)
  • Costa Rica (bank transfer)
  • Ecuador (bank transfer)
  • Colombia (bank transfer)
  • Chile (bank transfer)
  • Peru (bank transfer)

Currencies Supported


Supported fiat currencies supported, November 2022
Supported fiat currencies supported, November 2022


  • LBank exchange
  • MEXC exchange
  • TokenPocket wallet
  • BeFi wallet
  • Vision Network
  • XWorld Games
  • SWFT blockchain
  • Yibi exchange
  • Transit Finance
  • Phoenix exchange
  • ChainUp
  • MaskEX exchange & wallet
  • Pionex exchange
  • Particle Network
  • PearDAO
  • X.Plus exchange
  • DappOS
  • MixMarvel
  • Weex
  • MAP Protocol
  • BitKeep
  • Hotbit
  • SaaSGo (formerly Encentive)
  • Weex
  • iNFTspace
  • CloudChat
  • Nest Protocol
  • MMO Pixel
  • We Are SG


Demonstration of a fiat-crypto on-ramp transaction via Alchemy Pay

Major Layer-1 & Layer 2 Collaborations


Alchemy Pay’s payment gateway is now being integrated by Arbitrum developers
Alchemy Pay’s payment gateway is now being integrated by Arbitrum developers

Other Notable Integrations

Ethereum Name Service (ENS). When using the Alchemy Pay ramp, users can enter their human-readable names like ‘alice.eth’ instead of their wallet address for a more convenient payment process.

Fiat-Crypto Payments and On-Ramps for Offline Events

Crypto payments at Mandala Weekender, Singapore Formula 1
Crypto payments at Mandala Weekender, Singapore Formula 1

Crypto Payment Acceptance

  • Binance Pay and instpower (enabled 14,000 instpower power banks to accept crypto payments)
  • ePayments (enabled Alchemy Pay to enter the Australian and New Zealand markets)
  • AllValue (additional 32,000 clients in Asia)
  • GrePay (merchants in key markets such as UAE, Mexico, Brazil, Colombia, and Chile)
Instpower, Binance, and Alchemy Pay came together to enable crypto payments
Instpower, Binance, and Alchemy Pay came together to enable crypto payments

Additional Crypto Tokens Supported

  • Dai (MakerDAO issued stablecoin)
  • GMT (Stepn)
  • LOOKS (LooksRare)
  • VET (VeChain)
  • MATIC (Polygon)


Notable Fintech Partnerships

Industry Recognition


Alchemy Pay accepts Entrepreneur’s Crypto Payment Gateway of the Year, in Dubai
Alchemy Pay accepts Entrepreneur’s Crypto Payment Gateway of the Year, in Dubai

Offline Events

Alchemy Pay $ACH video billboards light up cities around the globe



Javier Mascherano becomes an Alchemy Pay ambassador
Javier Mascherano becomes an Alchemy Pay ambassador


  • Real Betis (official sponsoring partner for Spanish soccer team’s La Liga 21/22 campaign)
  • Shamiri Institute (donation to Harvard-backed charity that works towards improving mental health for young adults in Africa using modern day methods)
Alchemy Pay at Token2049, Singapore

$ACH Community & Token Progress

  • 150k followers on Twitter
  • Top Gainer position on Coinbase & Binance & Huobi
  • Number 1 position on Lunar Crush
  • Coin of the Day on Twitter with 2.84M social engagement
  • The number of wallet addresses increased by 150% (19k holders on ERC20 | 18k holders on BSC)
  • 30 new listings on exchanges

$ACH Listings

  • Binance
  • Binance US
  • Kraken
  • KuCoin
  • (also added ACH/USDT margin trading)
  • WazirX
  • Bybit (also added ACH/USDT Perpetual Contracts)
  • CoinEx
  • TokoCrypto
  • Onus
  • BitUniverse
  • LaToken
  • SimpleHold
  • XT
  • AscendEx
  • VirgoCX
  • StealthEx
  • DigiFinex Global
  • Bitmart
  • Bithumb
  • SimpleSwap
  • Bitpanda
  • Uphold
  • BTSE
  • Bittrex
  • Guarda Wallet
  • ChangeNOW
  • BitYard
  • Wirex
  • CloudChat

ACH Staking & Rewards

  • Bit.Store ACH staking & airdrops
  • Binance ACH Staking 200% APY. Binance added flexible savings and announced 102.49% APY staking and rewarded members with 3,250,000 ACH.
  • AscendEx ACH staking 100% APR
  • PancakeSwap ACH staking
  • Bybit 200k ACH rewards (1500 winners)
  • Staking Bitmart — 200k ACH giveaway
  • KuCoin ACH staking 7 day 100% APR and a campaign to give away a reward pool of 2,745,000 ACH.

Online Events

Telegram AMAs

  • Binance
  • Decentralized Club
  • Bybit
  • Polygon
  • Avalanche
  • Satoshi Club
  • Binance India
  • iNFTSpace

Video Interviews & Panels

  • Huobi Live
  • Neo Live with Okx, Ime, Meta Alliance
  • Q&A with John Tan, CEO on Alchemy Pay YouTube
  • Binance Live
  • KuCoin Live

Twitter Spaces

  • Casper Network
  • SaaSGo
  • Mercuryo
  • Arbitrum
  • ChainUp

Web3 Wednesdays

Web3 Wednesdays is a video series produced by Alchemy Pay, exploring the concepts and realities of decentralisation. Guests from the following projects were featured:

  • MakerDAO
  • Tezos
  • Tron
  • Stepn
  • Thirdweb
  • Holochain

New Roadmap

We released the new Alchemy Pay roadmap as we headed into the new year.

Alchemy Pay Roadmap 2023
Alchemy Pay Roadmap 2023

Try Now

Try our On & Off Ramp to buy and sell crypto and local fiat currencies today

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