Alchemy Pay Adds Polkadot’s DOT to its Ramp

Alchemy Pay
2 min readAug 20, 2024

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Alchemy Pay, the fiat-crypto payment gateway, has teamed up with Polkadot, the blockspace ecosystem known for shared security and secure interoperability across blockchains. DOT, the native token of the Polkadot network, is now accessible for buying and selling on Alchemy Pay’s On and Off-Ramp. Users can effortlessly convert DOT to and from over 50 fiat currencies across 173 countries using their preferred local payment methods.

Alchemy Pay’s On-Ramp also supports USDT and USDC on Polkadot, granting users diverse and fully-compliant purchase options. This integration provides a smooth entry point for both new and experienced investors looking to participate in the Polkadot ecosystem.

Polkadot is a blockchain platform conceived by computer scientist and Ethereum co-founder, Dr. Gavin Wood. Designed to overcome the limitations of traditional blockchains, Polkadot has been one of the first blockspaces to introduce a groundbreaking architecture enabling multiple blockchains to operate independently while seamlessly communicating with each other.

With a presence now extended to 173 nations around the world, and totalling 300+ payment channels, Alchemy Pay embraces popular payment modes like Visa and Mastercard, as well as recognized options such as Apple Pay and Google Pay. Alchemy also supports local mobile e-wallets and domestic bank transfers.

In its pursuit of broadening its service portfolio and optimizing operational efficiency, Alchemy Pay actively pursues licenses in various countries and regions including different states in the United States, the UK, Canada, Indonesia, and Lithuania, with the upcoming license acquisition in Hong Kong, Singapore, etc. Highlighting its credibility within the conventional payment sphere, both Visa and Mastercard have enlisted Alchemy Pay as an authorized third-party service provider, which reinforces its leading position within the crypto payment landscape.

About Polkadot

Polkadot is the powerful, secure core of Web3, providing a shared foundation that unites some of the world’s most transformative apps and blockchains. Polkadot offers advanced modular architecture that allows devs to easily design and build their own specialized blockchain projects, pooled security that ensures the same high standard for secure block production across all connected chains and apps connected to it, and robust governance that ensures a transparent system where everyone has say in shaping the blockchain ecosystem for growth and sustainability. With Polkadot, you’re not just a participant, you’re a co-creator with the power to shape its future.

Try Now

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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Alchemy Pay

Alchemy Pay (ACH) bridges fiat and crypto global economies through a real-world payment system and mainstream-friendly access to web3 services. Alchemypay.org