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Breaking News: Fed Lowers Rates By 25bps: How Bitcoin And Crypto Prices Responded And What's Next
5 Problems Crypto and Traditional Payments Face Today (And How SpacePay's Presale Is Solving Them)

5 Problems Crypto and Traditional Payments Face Today (And How SpacePay’s Presale Is Solving Them)

ericdunne519
by ericdunne519
1 month ago
·
Posted in Sponsored Article
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Crypto has made a lot of progress in recent years. However, when it comes to using it for everyday payments, there are still some significant problems. Most people still can’t use it to buy things the same way they use cash or cards. However, SpacePay might be about to fix these issues.

SpacePay is a crypto payment platform that makes it easy for both shoppers and stores to use digital money. The project is currently running a presale for its token, SPY, and it has already raised over $1.2 million. Here’s a closer look at the biggest problems in crypto payments today and how SpacePay is trying to solve each one.

Volatility: Crypto Prices Go Up and Down Too Fast

One major issue with crypto is that prices fluctuate quickly. If someone pays with Bitcoin and the price drops before the store receives the money, the store loses value, and most business owners can’t afford that kind of risk.

SpacePay helps fix this by giving stores the payment amount in regular currency, like dollars or euros, even though the buyer pays with crypto. This way, the store receives exactly what it expects and doesn’t have to worry about price changes.

Too Many Wallets Make Things Confusing

There are hundreds of crypto wallets available. Some work with Bitcoin, others with Ethereum, and many don’t work together. This makes paying with crypto difficult for regular people.

SpacePay simplifies this by working with over 325 wallets, including major names like MetaMask, Trust Wallet, and Coinbase Wallet. You don’t need to switch apps or move your money around; you can just scan a QR code and pay directly.

The solution also works with many cryptocurrencies, so merchants won’t have to constantly switch wallets to accept specific crypto types.

Fees Are Too High for Small Purchases

Payments, including traditional systems, can be expensive. Some networks charge a few dollars just to carry out a transaction, and this could make it sometimes impossible to use certain payment options for low-cost items.

SpacePay keeps it simple with a transaction fee set at 0.5%. That’s much lower than what you’d pay using a card, which can cost stores up to 3%. With lower fees, more people can be encouraged to use SpacePay solutions for everyday purchases.

Most Payment Platforms Don’t Offer Rewards

Most established crypto payment solutions and traditional systems do not offer any form of cash back or rewards for payments.

With SpacePay, if you use the platform frequently, you can earn SPY tokens through monthly loyalty rewards. Plus, if you hold SPY tokens, you can earn passive income from the platform’s revenue. This means that the more SpacePay grows, the more value token holders can gain.

Users Don’t Have a Say in Most Platforms

Many traditional payment systems are run like regular businesses, leaving users with little control or input.

But with SpacePay, SPY token holders get to vote on updates and new features. They also gain access to private webinars where they can hear directly from the team. This gives the community a real voice and helps the project grow in the right direction.

How to Buy SPY in the Ongoing Presale

SpacePay aims to make crypto useful for everyday life. It addresses the significant problems that have made crypto payments challenging for both users and businesses. It offers stable payouts, supports many wallets, keeps fees low, and rewards people who use the platform.

With the presale live, anyone can get in early and support a project that wants to bring crypto payments into the real world. If SpacePay continues to grow, it could become one of the first platforms to make crypto spending feel just like regular shopping.

If you want to be part of SpacePay early, now could be the best time. The SPY token is available in the ongoing presale, currently priced at $0.003181, with more than $1.2 million already raised.

To buy, go to the SpacePay presale site. Connect your wallet using MetaMask, Trust Wallet, or another supported wallet. Ensure you have some crypto like ETH, USDT, BNB, MATIC, AVAX, or BASE. You can also use a bank card.

Once your wallet is ready, choose how much you want to spend, approve the transaction, and you’ll receive your SPY tokens right away.

JOIN THE SPACEPAY (SPY) PRESALE NOW

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