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Easily convert ALCX to BTC 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 (BTC) is a decentralized digital currency that enables peer-to-peer transactions over the internet without the need for intermediaries such as banks. It operates on a technology called blockchain, which is a distributed ledger that records all transactions transparently and securely.