Cryptocurrency payment solutions provider Alchemy Pay (ACH) has recently announced its presence in Malaysia, providing users with the ability to purchase crypto directly with Malaysian Ringgit (MYR) with standard local payment methods. This expansion serves as the latest milestone in their journey of providing easier ways for entry into the crypto market. Initially, consumers in Malaysia will be able to use QR Pay, bank transfer and Boost e-wallet for purchases and money transfers, with transaction limits ranging from 70 to 50,000 MYR.

Recent partnerships and alliances formed by the Singaporean start-up firm has led to a strong rise in ACH’s value, demonstrating the firm's reliability and confidence. Alchemy Pay announced their collaboration with arguably the world’s largest Offshore Chinese Yuan (CNH) provider, CNHC, which was followed by the availability of the firm’s services on the second largest global cryptocurrency exchange, OKX. Thanks to these joint efforts, ACH's price saw a 23% growth in a span of just one week.

Alchemy Pay will also be featured at the forthcoming Web3 conference in Hong Kong, which will be taking place in mid-April 2021. Apart from reinforcing their presence in the Asian market, the payment solutions provider has also recently declared their provision of services for Instpower in Paris. Mastercard and Visa support are also available for users of the Alchemy Pay On Ramp, rendering easy access to the cryptocurrency market for those who prefer these payment methods.



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