It’s 2025, Bitcoin has been around for over a decade, yet trying to actually spend your digital coins still feels like an uphill battle at most places.
SpacePay wants to change that reality. This London-based fintech startup offers a 0.5% transaction fee, compatibility with over 325 crypto wallets, and instant fiat settlements for merchants. The project has already raised over $1.1 million during its ongoing presale, with $SPY tokens currently priced at $0.003181.
Making BTC Spending Actually Work in Real Life
The biggest problem with crypto payments isn’t the technology – it’s the practical barriers that keep merchants from accepting it. Most shop owners don’t want to invest in expensive new equipment or learn complicated systems just to accept crypto.
SpacePay solves this by working with the Android payment terminals that businesses already use. A simple software update is all it takes to enable crypto payments. The corner bakery, local bookstore, or pizza joint can start accepting your BTC without buying new hardware or training staff on complex crypto procedures.
When you’re ready to pay, the process feels natural. You scan a QR code with your crypto wallet, confirm the amount, and the transaction completes in seconds. No typing long wallet addresses, no waiting for blockchain confirmations, no awkward explanations to confused cashiers.
The system works with popular crypto wallets like Electrum, Blue Wallet, and hundreds of others. Whether you prefer hardware wallets for security or mobile apps for convenience, SpacePay accommodates your choice without forcing you to switch to their specific wallet.
Protecting Merchants from Crypto’s Price Swings
Here’s the nightmare scenario that keeps most businesses from accepting crypto: someone pays with BTC for a $50 dinner, but by closing time, that Bitcoin is worth $40 because the market dropped.
SpacePay eliminates this risk completely. When you pay with Bitcoin, the merchant receives their local currency immediately. The restaurant gets exactly $50 in their bank account, regardless of whether Bitcoin shoots up or crashes down minutes later.
This instant conversion happens automatically through SpacePay’s price-locking mechanism. The system freezes the exchange rate during the transaction window, which typically lasts just a few seconds. If Bitcoin’s price moves during this brief period, SpacePay absorbs the difference rather than passing that risk to the business.
For merchants, this means they can welcome crypto users without becoming crypto traders. They don’t need to watch price charts or worry about optimal times to convert their crypto. The amount on the receipt is the amount in their account – simple and predictable.
Transaction Fees That Actually Make Sense
Credit card companies take a big bite out of every sale – usually somewhere between 2.5% and 3.5%. For small businesses already struggling with tight budgets, those fees really hurt. Take a busy café that does $30,000 in sales each month – they’re handing over about $900 just in processing fees.
SpacePay cuts this to just 0.5%. That same café would pay only $150 monthly, saving $750 every month or $9,000 annually. These savings come from eliminating the multiple intermediaries that traditional payment systems require.
When you swipe a credit card, your payment bounces between several companies before reaching the merchant days later. Each step involves fees. SpacePay creates a more direct path using blockchain technology, which reduces costs while maintaining security.
Lower fees benefit crypto users too. When shop owners aren’t losing so much money to fees, they can pass those savings on to customers or put that cash back into making their business better. Everyone wins when the payment system becomes more efficient.
The Technology Behind Seamless Crypto Transactions
Most payment systems process transactions sequentially. They check one thing at a time like a slow assembly line. SpacePay takes a different approach by handling multiple verification steps simultaneously.
While traditional systems are still checking your account balance, SpacePay has already verified your crypto wallet, confirmed the merchant’s details, and locked in the exchange rate. This parallel processing explains why transactions complete so quickly.
Every payment gets permanently recorded on the crypto blockchain, which creates a tamper-proof record protected by cryptographic security. This distributed approach not only speeds up transactions but also makes them more secure than centralized payment systems.
SpacePay works with more than 325 different crypto wallets, so you don’t have to switch to some specific app just to pay. Got a desktop wallet? Mobile app? Hardware device? Doesn’t matter – SpacePay handles whatever you’re already using without any hassle.
How to Participate in the SpacePay Ecosystem
The $SPY token powers SpacePay’s payment ecosystem and offers holders various benefits including governance rights, monthly loyalty rewards, and revenue sharing from transaction fees. Token holders get to vote on how the platform develops and they’re first in line when new features roll out.
If SpacePay’s approach to making crypto actually useful for everyday purchases sounds appealing, getting involved in their presale is pretty simple. Visit SpacePay’s official website and connect your cryptocurrency wallet. The platform accepts various payment methods, which includes bank cards for those new to crypto.
At the current presale price of $0.003181 per token, you can select your desired amount and complete the transaction following the on-screen instructions.
JOIN THE SPACEPAY ($SPY) PRESALE NOW
Website | (X) Twitter | Telegram
