You have crypto sitting in your wallet, but when was the last time you actually spent it at a store?
That’s the problem SpacePay is tackling. Most crypto holders treat their tokens like investments – checking prices, maybe trading a bit, but never actually using them to buy things.
SpacePay, based out of London, thinks crypto should work like cash or cards. You should be able to walk into a store and pay with it. No fuss, no special equipment, just a regular transaction. The project is currently running a presale for its native token – $SPY.
What makes this different from other attempts? SpacePay works with the payment systems businesses have right now. That means store owners don’t need to rip out their current setup or spend money on fancy new tech.
How SpacePay Works with Existing POS Terminals
SpacePay runs on the Android-based card readers that stores are already using. They just need a software update. That’s it. No new machines to buy. No complicated setup process.
Think about a small business owner. They’re not going to invest in new payment hardware and certainly don’t want another technical system to learn. SpacePay gets around that completely. The business keeps using what they know, and suddenly, they can take crypto payments. That practical approach is why this could actually stick.
https://x.com/SpacePayLtd/status/1965090668679921987
Works with 325+ Crypto Wallets
SpacePay supports over 325 different cryptocurrency wallets. Customers can pay with ETH, BNB, MATIC, AVAX, USDT, USDC – basically whatever they’re holding. There’s no “you must use our special wallet” situation.
Anyone who’s been in crypto knows people get attached to their preferred wallets. Some trust only MetaMask. Others swear by hardware wallets. SpacePay doesn’t care which one you use, and that flexibility removes another friction point. A merchant accepting SpacePay can serve pretty much any crypto user who walks through the door.
Low Fees Make Financial Sense
Credit card companies usually charge businesses 2% to 3% per transaction. SpacePay charges 0.5%. Do the math on a business processing $500,000 a year in sales. Traditional processors take $10,000 to $15,000. SpacePay takes $2,500. That’s real money saved, especially for businesses operating on slim margins.
Some might wonder if the savings are worth the hassle of dealing with crypto. But remember, there’s no hassle here. The business owner doesn’t handle crypto at all. They just see lower fees on their payment processing and more money staying in their account.
How SpacePay Handles Crypto Volatility
Bitcoin can drop 10% in an afternoon. Ethereum can spike before lunch and crash by dinner. Business owners don’t want to deal with that kind of risk. Sell something for $100, then watch that money shrink to $85 before you can even deposit it? Hard pass.
SpacePay fixes this by converting crypto to regular currency instantly. A customer pays with Ethereum. The merchant receives dollars (or euros, or pounds). The conversion happens so fast that price swings don’t matter.
The business gets the exact amount they charged, no surprises, no risk. It shows up as normal money in their account, ready to pay rent or restock inventory.
The $SPY Token Presale Details
SpacePay created its own token called $SPY. There are 34 billion tokens total, and holders get some interesting perks. You can vote on what features the platform adds next.
There’s a revenue-sharing setup where token holders get a cut of what SpacePay earns. Monthly airdrops reward active community members. You also get early access to new features and can join quarterly webinars with the team.
So far, the presale has brought in over $1 million. Tokens are going for $0.003181 right now, and 20% of the total supply is available during this public sale phase.
Want to get involved? Head to the SpacePay website and link up a wallet like MetaMask or WalletConnect. You can pay with ETH, BNB, MATIC, AVAX, USDT, USDC, or BASE. If you don’t have crypto yet, you can use a regular bank card. Pick your payment method, enter how much you want to spend, confirm the transaction, and keep your receipt for later.
SpacePay already has a working product and is pursuing the necessary regulatory approvals as it signs up more merchants. With over 400 million crypto users globally looking for places to actually spend their tokens, the timing could be right.
JOIN THE SPACEPAY ($SPY) PRESALE NOW
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