Developers finally got what they’ve been waiting for. SpacePay just went live with their testnet, and it’s the first real chance to see if this crypto payment system actually works the way they claim it does.
The V1 Payment API is running on Base Sepolia and Ethereum Sepolia right now. Anyone can access it here and start poking around. This London startup has pulled in over $1.4 million during their presale, so people are clearly betting on them to deliver something useful.
What makes this testnet launch interesting is the timing. Most crypto projects announce big things and then go quiet for months. SpacePay built actual software that developers can test today. That’s different.
SpacePay One Testnet Shows What’s Actually Working
The testnet gives you a functional payment widget to play with. It’s built API-first, which matters if you’re trying to add crypto payments to an existing business. The checkout flow is there. The multi-chain stuff works on Base Sepolia and Ethereum Sepolia. You can see how a customer would actually use this thing to buy something.
Here’s the catch – stick to the desktop for now. Mobile has bugs; they’re still working through. Not great, but they’re not hiding it either. Stick to the desktop and you’ll be fine.
The team wants feedback through Telegram. They want feedback on everything – what works, what doesn’t, what’s confusing. Nobody asks people to find bugs unless they plan to fix them or believe there aren’t many to find.
Key Features That Might Actually Matter
The API-first design is smart. Businesses don’t want to tear down their existing systems just to accept Bitcoin. They want something that plugs into what they already have. SpacePay’s approach makes that possible without forcing anyone to start from scratch.
Fiat settlement integration is built into the foundation. This tackles the big problem – business owners hate crypto’s wild price swings. Nobody wants to accept payment for a meal and then watch that money lose value before the customer even leaves the restaurant. Converting to regular currency instantly fixes that issue.
The checkout process looks pretty normal. Customers scan something with their phone, confirm payment, done. No cryptocurrency jargon getting in the way. No confusing steps that make people give up and use their credit card instead.
Gasless transactions mean users don’t need to worry about holding extra tokens just to pay fees. That’s one less thing to explain to confused customers, which matters more than people realize when you’re trying to get regular folks to use crypto.
Testing What Actually Works in Practice
Developers can stress-test this thing right now. Try different transaction amounts. See what happens when something goes wrong. Check if the multi-chain support actually functions or just looks good in marketing materials. This testing phase separates real products from vaporware.
The platform connects with over 325 different crypto wallets. That’s important because everyone has their favorite, and nobody wants to download yet another app. MetaMask users, Trust Wallet fans, Binance app people – they can all pay without switching to something new.
Transaction fees sit at 0.5%, which beats most traditional payment processors by a lot. Credit card companies usually grab 2-3% or more. That difference adds up fast for businesses processing thousands of payments monthly. Lower fees mean merchants keep more money from each sale.
Why This Testnet Launch Matters Right Now
SpacePay built working software before asking for money. That’s backwards from how most crypto projects operate. Usually, you get a fancy website, big promises, and maybe something functional in a year or two. Having a testnet people can actually use today changes the conversation.
The platform works with Android-based POS terminals that businesses already own. No buying expensive new equipment. Just install the software and start accepting crypto payments. Small businesses run tight. No spare cash for fancy equipment. No spare time for training staff on complex systems.
A restaurant owner accepts Ethereum but receives euros in their bank account seconds later. They never actually hold cryptocurrency, never worry about prices crashing overnight, never deal with the technical complexity.
SpacePay Presale Details Worth Knowing
The $SPY token presale is running at $0.003181 right now. $1.4 million from real investors beats empty hype any day. Plus token holders vote on features and changes. Revenue sharing gives them a cut when the platform processes transactions. Monthly airdrops reward active community members.
Getting involved takes a few minutes:
- Visit presale.spacepay.co.uk and connect your crypto wallet.
- MetaMask and WalletConnect both work fine.
- Pick how you want to pay – they accept ETH, BNB, MATIC, AVAX, USDT, USDC, and BASE.
- Regular bank cards work too if you don’t have crypto yet.
- Type in how much you want to invest and check the token numbers.
- Approve everything through your wallet.
- Save your transaction info because you’ll need it later for claiming tokens.
- Follow their Telegram and Twitter so you know when things change or launch.
JOIN THE SPACEPAY ($SPY) PRESALE NOW
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