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How to buy Alchemy Pay (ACH) in Australia

Learn how to buy Alchemy Pay (ACH) on 15+ crypto exchanges in our step-by-step guide.

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Binance Australia

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  • Trade ACH and 375 other cryptos.
  • Earn yield on your crypto holdings.
  • Earn up to US$100 in rewards by completing welcome tasks within 7 days of signup. T&Cs apply.
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Alchemy Pay (ACH) is the 368th largest cryptocurrency by market cap, valued at US$140,494,886.

Alchemy Pay is a highly volatile asset capable of major price swings in a single day. Today ACH is trading for $0.02841493 USD, which is lower than yesterday's trading price of $0.0333496003 USD. Over the past year, Alchemy Pay's price has seen a decrease of -27%.

So before you buy Alchemy Pay, make sure you understand these unique risks as well as its legal and tax status here in Australia.

If you're ready to get started, read on for step-by-step instructions on how you can use to buy Alchemy Pay.

This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.

How to buy Alchemy Pay in 5 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Alchemy Pay is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit AUD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Alchemy Pay
    You can now exchange your funds for Alchemy Pay. On beginner-friendly exchanges, this is as simple as entering the AUD or ACH amount you want to purchase and clicking "buy".
  5. Secure your Alchemy Pay
    Consider transferring your ACH to a personal crypto wallet to protect against some of the risks of keeping it on an exchange, such as hacks, scams or platform bankruptcy.

Where to buy Alchemy Pay in Australia

Find an exchange to buy, sell and trade ACH by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

1 - 5 of 19
Name Product Deposit methods Fiat currencies Cryptocurrencies Offer Disclaimer Link
Kraken
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID, Apple Pay, Google Pay, SWIFT

7

235

Capital at risk

View details
Finder AwardExclusive
EXCLUSIVE
CoinSpot
Bank transfer, BPAY, Cash, Credit card, Cryptocurrency, Debit card, PayID

1

444

Get $20 in BTC when you make a deposit. T&Cs apply.

Capital at risk

View details
Exclusive
EXCLUSIVE
Swyftx
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID

3

352

Get $20 in BTC when you verify your account. T&Cs apply.

Capital at risk

View details
Finder Award
OFFER
Binance Australia
Credit card, Cryptocurrency, Debit card, Osko, PayID, Simplex, Banxa, Apple Pay, Google Pay

82

376

Earn up to US$100 in rewards by completing welcome tasks within 7 days of signup. T&Cs apply.

Capital at risk

View details
Finder AwardExclusive
EXCLUSIVE
Coinstash
Bank transfer, Cryptocurrency, Osko, PayID

1

785

Finder exclusive: Get up to $200 BTC when you complete certain steps on sign up. T&Cs apply.

Capital at risk

View details
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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How we keep this Alchemy Pay guide up-to-date

  • ACH price data is regularly updated through data feeds so you always have the latest information.

What is Alchemy Pay?

Alchemy Pay is a pioneer gateway payment solution that aims to bridge the gap between the traditional economy and the cryptocurrency market. Having designed the first-ever hybrid crypto-fiat gateway solution, Alchemy Pay enables the creation of a secure and fast payment system where clients and enterprises have the liberty to transact in multiple currencies, be it in local fiat or crypto.

According to the project's website, the innovative payment system was founded in 2018 and developed primarily for the Asian market. However, millions of people and numerous e-commerce companies now utilise Alchemy Pay, as the platform makes cross-border payments cheaper, more efficient, secure, and private. Beyond facilitating payments, Alchemy Pay also offers access to various decentralised finance (DeFi) products and crypto investments. These services are catered towards new cryptocurrency users and financial veterans alike.

ACH is the native utility token of the protocol. ACH tokens are required by all all large ecosystem participants such as cryptocurrency exchanges, e-Commerce platforms, and payment companies. The amount of ACH tokens “pledged” will determine what DeFi services are accessible. ACH is also used to promote ecosystem incentives and DeFi rewards. Finally, the token is also used to govern the Alchemy Pay protocol. All token holders have the right to vote on development proposals.

How do I find the best places to buy Alchemy Pay?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Australia to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Alchemy Pay?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Alchemy Pay.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing ACH with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What are the best ways to buy Alchemy Pay?

Once you've created an account, you will need to deposit funds to buy ACH with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy ACH:

  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase ACH by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for ACH on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Alchemy Pay?

The easiest way to buy ACH is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying ACH, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Alchemy Pay has been performing recently.

Best Alchemy Pay wallets to store your ACH

You can keep your ACH on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your ACH below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

9,000+

Price (USD)

$149

Price (USD)

$179

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Alchemy Pay a good investment?

As with any investment, it is vital you understand the risks and potential upside of the asset before making any financial decision. With regards to ACH, here are a few things to consider:

  • Tackling a global problem: There are several issues when it comes to combining the traditional fiat and crypto worlds. If Alchemy Pay manages to secure a potential solution, the amount of value that could flow through the protocol is significant. However, the protocol will need to compete with other crypto payment protocols and traditional banking systems - which will not be an easy task. Potential upside may be high but the likelihood of failure in the face of competition is also high.
  • Experienced team: Part of what makes Alchemy Pay unique is its team. The project was created by a group of fiat payment gateway veterans and spearheaded by Molly Zheng, former chief representative of MasterCard China and senior consultant at Paypal China. All team members share a vast interest in cryptocurrencies and blockchain technology. Experience from leading global payment providers should help Alchemy Pay stay on the right track.
  • Partnerships with industry leaders: Alchemy Pay is incredibly well-positioned within the financial industry, boasting partnerships with established crypto exchanges (Binance, Huobi, OKEx, Gemini) and protocols (Celo, Polygon, Chainlink, Near, NEO, Tron). These partnerships help to give the protocol credibility.

Today's Alchemy Pay price versus ATH

Compare today's price of Alchemy Pay ($0.02841493 USD) against its all-time-high price of $0.198666 USD on 06 August 2021. The closer the bar is to 100%, the closer ACH is to reaching its ATH again.

Alchemy Pay's price: $0.02841493 USD
ATH date: August 06, 2021
14.30%

Alchemy Pay ATH: $0.198666 USD


How to trade, convert or sell Alchemy Pay

You can convert or sell your ACH with the same exchange you bought it through:
  1. Sign in to the exchange you have ACH on.
  2. If you store your Alchemy Pay in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of ACH you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Alchemy Pay.
  6. Complete your transaction and move your ACH to a crypto wallet for storage.

How to buy other cryptos


Disclaimer: Cryptocurrencies, including Alchemy Pay, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of ACH is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Alchemy Pay or any other cryptocurrency discussed.

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