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Easily convert ALCX to BCH with ConvertOnline's efficient tool.
Alchemix (ALCX) is a decentralized finance (DeFi) protocol that allows users to create self-repaying loans using their crypto assets as collateral. By leveraging future yield from deposited assets, Alchemix enables users to access liquidity without the need for traditional repayment methods.
Bitcoin Cash (BCH) is a peer-to-peer electronic cash system that enables fast and low-cost transactions over a decentralized network. Created in August 2017 as a result of a hard fork from Bitcoin, it aims to improve scalability and reduce transaction fees, making it more practical for everyday transactions.