SpacePay platform is trying to change how we pay for things. It is bringing solutions that could make payments more efficient and also allow the wider use of cryptocurrencies.
SpacePay lets stores accept cryptocurrency and easily convert it to regular money. This London startup has created a system that works with standard payment terminals. Their simple app makes paying with crypto as easy as using a credit card.
The platform works for everyone. If you own crypto, you can spend it at any store that uses SpacePay. This works with over 325 different crypto wallets. For store owners, it’s just as simple—SpacePay connects to their existing card machines. This could bring in new customers who want to pay with crypto and also allow merchants to have faster settlements.
Crypto payments have some issues that SpacePay is addressing. The platform works with hundreds of wallets to handle many transactions without sacrificing volume for speed.
This wide acceptability also makes it easy to adopt SpacePay solutions. Even though the platform offers many great features, it keeps the cost of transactions low. They charge merchants just 0.5% per transaction, which is relatively low compared to other payment systems.
Payments using SpacePay are also not delayed. They are instant, making the platform useful for various types of businesses, including those that require fast-paced settlements. There are no hidden fees, so everyone knows exactly what they’re paying.
Security matters in crypto. SpacePay’s system uses strong encryption, which reduces the risk of fraud. Users keep control of their funds and private keys, paying directly from their own wallets.
SpacePay does more than just enable crypto payments. It also offers features that make the platform user-friendly.
Users can pay with many different cryptocurrencies. Bitcoin, Ethereum, USDT, and more are all accepted. This gives users plenty of choices and opens up the option of paying from a diverse crypto portfolio without having to transfer from one account to another.
https://x.com/SpacePayLtd/status/1879683146226270246
Crypto volatility has also been one of the issues that discourage many from using cryptocurrencies for payment. However, with SpacePay, crypto users are protected from this.
The system automatically converts cryptocurrencies used in payment into fiat currencies of the merchant’s choice. This ensures that they get the agreed amount in their local currency regardless of crypto price swings.
Users can simply make payments by scanning a QR code. They don’t have to learn complex steps or try to navigate new ways of making payments.
SPY Token: The Heart of the SpacePay Ecosystem
The SPY token presale has already raised over $970,000. Currently, the tokens sell for $0.003126 each, and this price will increase as the presale continues.
There is a total supply of 34 billion SPY tokens. The distribution plan supports long-term growth: 20% has been allocated to the ongoing public sale, 17% for rewards, another 17% for development, and 5% for the founders.
There is also a strong focus on marketing and getting the tokens into the hands of more people. 18% of the supply will handle marketing, and another 18% will cover partnerships. The last 12% is for reserves.
Owning SPY tokens gives you several advantages. Active users receive airdrops at the beginning of the month.
Token holders can vote on important decisions, allowing them to influence the platform’s future through the governance voting system.
SPY holders will also get early access to new features. Trying new tools before anyone else could be a significant advantage for users who enjoy early benefits.
SpacePay shares revenue with token holders, creating passive income tied to the platform’s success. As SpacePay grows, so do the returns. The company also supports good causes by matching donations made by token holders to selected charities.
Token holders will have access to exclusive quarterly webinars. These 45-minute sessions will connect them directly with the leadership team, allowing them to hear about progress, plans, and new ideas that could advance the platform before the general public.
SpacePay’s Accomplishments
SpacePay has already achieved important milestones, raising $750,000 from private investors who trust their plans.
They completed a buy-back option to fund further growth. Their Minimum Viable Product is ready, and they are now securing intellectual property to protect their market position.
The platform complies with all regulations, enabling them to operate in any non-sanctioned country. In addition, their innovation won them the “New Payment Platform of the Year” award at the CorporateLiveWire Global Awards 2022/23.
How to Buy SPY Crypto in the Ongoing Presale
The platform’s provisions suggest it could be positioned for growth following the presale. The token sale period might be the best time to get into the ecosystem.
To do this, connect your MetaMask or other wallet to the SpacePay website. Use the widget at the top of the page to buy tokens with ETH, BNB, MATIC, USDT, USDC, AVAX, BASE, or by card.
JOIN THE SPACEPAY (SPY) PRESALE NOW
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