Alchemy Pay’s Crypto Card App Debuts on Binance Marketplace

Alchemy Pay launched its Crypto Card Mini app on Binance marketplace, with ACH tokens set as rewards for new users.

Alchemy pay is working with Binance.
Created by Kornelija Poderskytė from DailyCoin
  • Alchemy Pay has launched its crypto card app on a new platform. 
  • The launch follows a recent integration meant to enhance payment experiences. 
  • The company has set various rewards for new users following the launch. 

Fiat-crypto payment gateway Alchemy Pay has officially debuted its Crypto Card Mini app on a new marketplace, according to an announcement made by the company on Friday.

The launch follows Alchemy Pay’s integration with Worldpay’s Visa and Mastercard payment rails in December to provide “enhanced payment experiences” on its fiat-crypto payment solutions available in 173 countries.

Alchemy Pay Sets Rewards in Crypto Card Mini App

According to a press release dated January 5, Alchemy Pay has collaborated with Binance Pay in launching its Crypto Card Mini app on Binance Marketplace, a platform the exchange says has “hundreds of thousands of daily users.”

“This crypto card supports end-users to spend crypto like fiat currency anytime, anywhere, across multiple scenarios with their preferred brands,” the statement read.

Following the launch, Alchemy Pay announced that it was “giving away 1,000,000 vouchers,” allowing users to acquire the card at a discounted rate of $0.01. The offer lasts until February 28, when the promotional period ends.

Per the statement, other rewards set for the period include 2,595,000 ACH “for new users’ recharging and spending activities” and “up to 25,000 $ACH rewards through crypto card spending.”

While the rewards aim to incentivize users to acquire the card, Binance earlier clarified that the promotion is not available in certain jurisdictions, including the U.S., Canada, Singapore, Japan, UK, UAE, and Australia.

Read how Alchemy Pay supports Burger King’s crypto payments:
Burger King Delivers on Crypto Payments Through Binance

Stay updated on McDonald’s support for crypto payments:
McDonald’s Will Receive Payments in Bitcoin (BTC) and Tether (USDT) in Lugano

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Brian Danga

Brian Danga, a Kenyan crypto reporter, is dedicated to delivering breaking news and updates from the cryptocurrency world. With a background as a Web3 writer and project manager, he recognizes the importance of unbiased reporting. Holding an LLB degree from the University of Nairobi, Brian's analytical skills contribute to his accurate news reporting. His personal interests include cooking, watching documentaries, reading, and engaging in intellectual discussions.