Alchemy Pay Launches Crypto Card App with Rewards on Binance Marketplace

Alchemy Pay, a leading fiat-crypto payment gateway, has officially launched its Crypto Card Mini app on Binance Marketplace. This move comes following the company’s integration with Worldpay’s Visa and Mastercard payment rails in December, aimed at enhancing payment experiences in its fiat-crypto payment solutions available across 173 countries.

The launch of the Crypto Card Mini app on Binance Marketplace, which boasts hundreds of thousands of daily users, marks a significant step for Alchemy Pay. The app facilitates the use of crypto like fiat currency in various scenarios and with preferred brands. To encourage adoption, Alchemy Pay has announced the giveaway of 1,000,000 vouchers, enabling users to acquire the card at a highly discounted rate of $0.01. This promotional offer is valid until February 28.

In addition to the discounted card acquisition, Alchemy Pay is offering substantial rewards to boost user engagement. The company has set aside 2,595,000 ACH for new users’ recharging and spending activities. Additionally, there is an opportunity to earn up to 25,000 $ACH rewards through crypto card spending.

However, it’s important to note that this promotion is not available in several jurisdictions, including the U.S., Canada, Singapore, Japan, the UK, the UAE, and Australia. This limitation is likely due to regulatory considerations in these regions.

Alchemy Pay’s initiative is a significant development in the crypto payment space, offering users a more seamless way to spend their cryptocurrency like fiat money. The rewards program is an attractive incentive for users to engage with the new app, potentially driving wider adoption of crypto payments.

As always, users should note that trading or investing in forex, cryptocurrencies, and CFDs involves a considerable risk of loss, and they should seek appropriate financial advice before engaging in such activities. This launch represents a notable convergence of traditional payment systems and the emerging world of cryptocurrency, signaling a growing acceptance of digital currencies in everyday transactions.