Giant Payment Platform Collaborated With This Altcoin! There’s been a jump in price!

Cryptocurrency While uncertainties continue in the sector, the projects continue to announce important collaborations.

Altcoin, a Layer 1 blockchain that connects decentralized economies across borders and protocols Conflux Network (CFX)for easy fiat entry into the ecosystem Alchemy Pay collaborated with.

Altcoin Conflux Network (CFX) and Alchemy Pay Partner for Fiat Money-Crypto Payment Services

The payment solution, which enables users to purchase crypto in local fiat currencies, will take the Conflux ecosystem to a new level of mainstream-friendly accessibility for newcomers and veterans alike.

With this collaboration, Alchemy Pay will help Conflux grow internationally and expand its global reach.

Alchemy Pay’s payment gateway supports Visa and MasterCard payments in 173 countries, multiple domestic transfers, and popular mobile wallets in emerging markets.

Powered by more than 300 fiat payment channels with high conversion rates, low fees and fast, simple KYC, the platform makes crypto trading in local currencies as easy as any other regular online payment.

“This partnership is a major milestone for Conflux Network as a barrier-free blockchain,” said Ming Wu, Conflux Co-Founder and CTO. He added: “Alchemy Pay’s technology integration will allow for the effortless and regulatory inclusion of millions of users in our ecosystem.”

Conflux is a permissionless Layer 1 blockchain that connects decentralized economies across borders and protocols.

Conflux, which has recently moved to the hybrid PoW/PoS consensus, provides a fast, secure and scalable blockchain environment with zero congestion, low fees and enhanced network security.

At the time of this writing, CFX was trading at $0.30, up 5%.

*Not investment advice.