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Cryptocurrency & Blockchain · head to head

Alchemy vs Remitly

Alchemy logo

Alchemy

Cryptocurrency & Blockchain

The web3 development platform

From
Free
Rated
-
Full reviewWebsite
Remitly logo

Remitly

Personal Finance

Send money faster to loved ones abroad

From
On request
Rated
-
Full reviewWebsite

The short version

  • Only Alchemy has a free tier, so it costs nothing to try first.
  • Each has a real cost: Alchemy the free tier is capped at 30M compute units a month and 25 requests per second; Remitly no fee schedule, exchange rate margin or transfer limit is published; the cost is disclosed only after starting a transfer for a specific corridor
  • They diverge on capability: Alchemy covers Node APIs, Remitly covers International remittances.

Where they differ

Only the attributes on which Alchemy and Remitly actually diverge.

Attributes where Alchemy and Remitly differ
AttributeAlchemyRemitly
Starting priceFreeOn request
Pricing modelfreemiumtransaction
Free tierYesNo
PlatformsApi, WebWeb, IOS, Android
CategoryCryptocurrency & BlockchainPersonal Finance
Founded20172011

Identical on both: user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Alchemy

  • Node APIs
  • Enhanced APIs
  • NFT API
  • Webhooks
  • Mempool
  • 35+ chains
  • SDKs
  • Api support

Only in Remitly

  • International remittances
  • Multiple delivery methods
  • Send money to 200+ countries
  • Currency conversion
  • Bank accounts
  • IOS support
  • Android support

Both cover

  • Web support

What people use each for

The jobs each tool is most often brought in to do.

Alchemy

  • Hosted blockchain node access across mainnets and testnetsnot Remitly
  • Backing a production web3 application without running nodesnot Remitly
  • Webhook-driven notifications for on-chain eventsnot Remitly
  • Scaling read throughput beyond self-hosted node limitsnot Remitly

Remitly

  • Sending cross border remittances from a phone or browsernot Alchemy
  • Delivering funds to bank accounts, cash pickup and mobile wallets abroadnot Alchemy

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Alchemy

  • The free tier is capped at 30M compute units a month and 25 requests per second
  • Free accounts are limited to 5 apps and 5 webhooks
  • Beyond the free allowance it is $0.45 per 1M compute units for the first 300M a month
  • Request cost varies by call complexity, from around 10 compute units to over 100, so spend is hard to predict from request counts alone
  • Signed SLAs and priority support require an Enterprise contract

Remitly

  • No fee schedule, exchange rate margin or transfer limit is published; the cost is disclosed only after starting a transfer for a specific corridor
  • The Express and Economy delivery options have no published price difference

Pricing, plan by plan

Alchemy

Free
  • FreeFree
    • 300M compute units
    • 5 apps
    • Core APIs
  • Growth$49/month
    • 400M compute units
    • 15 apps
    • Enhanced APIs
  • Scale$199/month
    • 1B compute units
    • Unlimited apps
    • Premium support

Remitly

On request
  • Express$undefined/month
    • Fast transfers
    • Multiple delivery methods
  • Economy$undefined/month
    • Lower cost option
    • 3-4 day delivery

Which should you pick?

Choose Alchemy if

  • You need node apis.
  • You want to start without paying.
  • You work on Api, Web.
  • You also want enhanced apis.
Alchemy review

Choose Remitly if

  • You need international remittances.
  • You work on Web, IOS, Android.
  • You also want multiple delivery methods.
Remitly review

Questions people ask

Is Alchemy or Remitly better?
Neither clearly leads. Alchemy starts at Free and Remitly at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Alchemy or Remitly?
Alchemy has a free tier; the other does not. Paid plans start at Free for Alchemy and On request for Remitly.
Does Alchemy or Remitly run on more platforms?
Alchemy runs on Api, Web. Remitly runs on Web, IOS, Android.
Can I use Alchemy for free?
Yes. Alchemy has a free tier, so you can try it without paying. Remitly starts at On request.
What is Alchemy best used for?
Alchemy is most often used for hosted blockchain node access across mainnets and testnets, backing a production web3 application without running nodes, webhook-driven notifications for on-chain events, scaling read throughput beyond self-hosted node limits. Of those, hosted blockchain node access across mainnets and testnets and backing a production web3 application without running nodes are not what Remitly is typically brought in for.
What can Alchemy do that Remitly cannot?
Alchemy covers Node APIs, Enhanced APIs, NFT API, Webhooks. Remitly covers International remittances, Multiple delivery methods, Send money to 200+ countries, Currency conversion. Both handle Web support.
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