PRESS RELEASESeptember 25, 2023
Alchemy Pay, the leading crypto payment solution providers, has established a collaboration with Legend Trading, the foremost crypto trading firm. Utilizing its extensive worldwide reach, Alchemy Pay is now in a stronger position to assist clients and users in achieving effortless cryptocurrency purchases across the globe, offering improved payment experiences and more advantageous fee structures.
Alchemy Pay is set to integrate Legend Pay, a product line of Legend Trading, into its platform. Legend Pay serves as a fiat-to-crypto gateway and offers an institutional-grade trading service. This integration will enable Alchemy Pay to support various fiat currencies, including USD, EUR, and GBP, and introduce ACH and wire transfer options for USD transactions. With a presence in more than 150 countries and serving over 800 institutional clients, Legend Trading manages an average monthly volume of over $1 billion for bank transfers and settlements. Legend Pay provides users an institutional-grade trading service along with a compliant platform for trading between fiat currencies and cryptocurrencies, and features competitive pricing as well as substantial liquidity.
Sharing the same vision with Alchemy Pay to bring more accessible payment service, Legend Pay has consistently dedicated efforts towards constructing a payment infrastructure that effectively merges trading, payment solutions, and adherence to regulations. Many leading cryptocurrency platforms, including KuCoin, Gate.io, Cobo, Phemex, Bitrue, Ellipal, Bitmart, BingX, and others, have already adopted Legend Pay. In addition to supporting centralized platforms, Legend Pay also accommodates decentralized applications and wallets like Token Pocket and EverPay. Legend Pay is well-positioned to simplify cryptocurrency access for millions of retail investors.
In the past, Alchemy Pay has partnered with several prominent payment processors. By extensively integrating these payment channels provided by worldwide acquirers, Alchemy Pay has effectively established connections with its key markets on a global scale and facilitated its on and off-ramp procedures. These collaborations have significantly enhanced Alchemy Pay's capacities, not only in global coverage and licensing, but also in reduced transaction and operating costs.
Alchemy Pay has a proven track record of great payment capability that it supports payments with Visa, Mastercard, Discover, Diners Club in 173 nations, and it also accepts Google Pay, Apple Pay, multiple domestic transfers, and popular mobile wallets in emerging markets. With high conversion rates, low fees, and fast, simple KYC, and over 300 alternative local payment channels, the ramp makes buying and selling crypto with domestic local currencies as easy as any other regular online payment. In this way, Alchemy Pay is fully devoted to simplifying the onboarding experience and pushing the widespread acceptance of cryptocurrencies, fostering greater connectivity between everyday people and the thriving crypto industry.
To provide solutions that give crypto and Web3 services access to fiat payments for mainstream accessibility, Alchemy Pay also actively seeks and obtains licenses to operate payment services in various countries and regions, including Arkansas in the United States, Canada, Indonesia, and Lithuania. Significantly, Alchemy Pay has been recognized by Visa and Mastercard as an authorized third-party service provider. These accomplishments showcase Alchemy Pay's proficiency and knowledge in the crypto payment industry as well as its commitment to adhering to compliance and regulatory standards.
Legend Trading is a leading U.S. regulated crypto trading firm trusted by 800+ institutional clients, with $10billion+ trading volume per year. Its over-the-counter (OTC) trading service offers deep liquidity and customizable services that are suited for brokerage firms, investment advisors, family offices, corporations, and high net-worth individuals. Legend Trading also offers a comprehensive fiat-to-crypto gateway (Legend Pay) for banks, crypto exchanges, wallets, and NFT platforms to integrate and enable their customers to buy/sell crypto with bank transfer and credit/debit cards.
A list of Legend Pay’s cases can be found here.
https://www.legendtrading.com/legend-pay
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Try our On & Off-Ramp to buy and sell crypto and local fiat currencies today https://ramp.alchemypay.org/
On & Off-Ramp Enquiries
Developers of Web3 platforms, and dApps with interest in integrating Alchemy Pay’s ramp solution can contact via the website https://alchemypay.org/contact
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Media Enquiries
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