Alchemy Pay and BakerySwap, two prominent players in the blockchain ecosystem, have announced a strategic partnership to simplify cryptocurrency purchases and expand the accessibility of decentralized finance (DeFi) and NFT trading. Through this collaboration, BakerySwap will integrate Alchemy Pay’s fiat On-Ramp service, providing users with an easier way to acquire cryptocurrencies, including $BAKE, the native token of BakerySwap.
BakerySwap is renowned for its comprehensive DeFi and NFT strategy, offering a wide range of services across various blockchains, including BNB Chain, Ethereum, and Base. The platform encompasses AMM Dex, Liquidity Farming, Launchpad, NFT Swap, and NFT Marketplace services, making it a versatile hub for crypto enthusiasts and traders.
🚀#AlchemyPay is thrilled to partner with @Bakery_Swap, a comprehensive DeFi and NFT platform, and will bring their users and ecosystem our seamless Fiat On-Ramp very soon. Get ready for an effortless way to purchase crypto with fiat currencies!https://t.co/50cvJhjzrz$ACH pic.twitter.com/A3w3p58gVR
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) January 24, 2024
Furthermore, BakerySwap is actively supporting launchpad initiatives on the BRC-20 network, aiming to strengthen the Bitcoin ecosystem by integrating with BRC-20 tokens such as $ORDI, $1CAT, and $TURT. This partnership with Alchemy Pay aligns with BakerySwap’s mission to provide users with a seamless and inclusive trading experience, transcending geographical and payment barriers.
Alchemy Pay’s User-Friendly On-Ramp Service
Alchemy Pay’s On-Ramp service is well-regarded for its simplicity and convenience, allowing users to purchase cryptocurrencies using fiat currency easily. Operating across multiple blockchain networks, the service supports over 300 global payment options and operates in more than 173 countries, accommodating over 50 fiat currencies.
Users can utilize various payment methods, including domestic transfers, localized mobile wallets, and popular choices like Visa, Mastercard, Apple Pay, and Google Pay, making it accessible to a diverse user base.
As part of its commitment to regulatory compliance and security, Alchemy Pay is actively seeking payment and financial service licenses in multiple countries, including the United States, Canada, Indonesia, and recently through the MSL in Iowa, USA. The company has earned recognition in the global market for third-party payment processing and has gained the trust of industry giants such as Visa and Mastercard.
BakerySwap ($BAKE) is a comprehensive DeFi and NFT trading platform across various blockchain networks. With services encompassing AMM Dex, Liquidity Farming, Launchpad, NFT Swap, and NFT Marketplace, BakerySwap provides a holistic ecosystem for traders and blockchain enthusiasts.
In addition to its trading solutions, BakerySwap also serves as an incubator for pioneering blockchain startups, further contributing to the growth and innovation within the blockchain industry.
The partnership between Alchemy Pay and BakerySwap represents a significant step towards making cryptocurrency trading more accessible and user-friendly, fostering a global community of DeFi and NFT enthusiasts.
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