brings the future of payment closer than it has ever been with its all-round solutions to the problems that have delayed the adoption of cryptocurrencies and some of the problems of traditional payment systems.
Although crypto is getting increasingly popular, the rate of adoption is not growing as wide as the name. Many people know cryptocurrencies but will never use them as a medium of transaction or accept them for payment of goods and services. This is because there are some features that they find unfavorable.
The London-based payment solution, SpacePay, has come to solve this issue with its various solutions that make it easy to accept crypto payments. The goal is to make crypto payments more efficient than cash.
SpacePay Solves Volatility Concerns
Crypto volatility has been a major obstacle to the adoption of crypto. Many crypto prices change rapidly, making it unfavorable for merchants to accept payments with them.
What SpacePay does is immediately convert the crypto to fiat currency. This way, when a customer pays with Bitcoin, for example, the merchant can receive the payment in USD if that is their preferred currency.
SpacePay Accepts a Wide Range of Cryptocurrencies
Many people also don’t want to deal with the stress of having to convert cryptocurrencies from one portfolio to another. Let’s say, for example, a user has $500 worth of Kaspa tokens and wants to pay for some product worth around $500.
Many of the current payment systems accept popular options like ETH, BTC, USDT, and other stablecoins. So, the normal thing would be to convert Kaspa to USDT first before making payment.
With SpacePay, there won’t be a need for this. The platform accepts a wide range of options, from the popular ones to the less popular ones. So users won’t have to send money from one portfolio to another regularly to get transactions done.
Compatibility with More Than 325 Wallets
The platform is also compatible with many existing payment methods. Thus, users won’t have to start downloading new software or learning a new way of carrying out transactions to use the solution.
It is compatible with existing payment machines and point-of-sale systems. Users can even carry out transactions by scanning QR codes, confirming the amount, and then initiating the transfer.
Low and Fixed Fee
With all these solutions, SpacePay does not charge excessively. It has a merchant fee of 0.5% per transaction.
There are no hidden fees on the platform. This makes it easy to determine how much the merchant will receive when making the payment.
Additionally, the transactions are instant, with no waiting times. This means that there is no need to wait a long time to confirm transactions, making SpacePay suitable for various types of businesses.
This feature also addresses delays commonly associated with traditional payment methods that can take hours or even days to settle.
SPY Offers Additional Benefits to Holders
The native token of the platform, SPY, facilitates the transactional aspect. Holders of the token are eligible for various benefits, such as monthly loyalty airdrops to the most active wallet users.
The platform also shares a portion of its revenue with its users as passive income. Moreover, there will be opportunities to vote on key decisions and gain access to new features before they are available to the general public.
Token holders will also participate in a 45-minute quarterly webinar with the SpacePay leadership team to stay informed about ecosystem growth and plans. They will also automatically contribute to charitable causes through the platform.
Completely Decentralized Solutions
SpacePay operates without any centralized control. Users have full control over their private keys and information. The platform is fully decentralized, which helps protect users’ data and information.
Being decentralized also allows the platform to bypass some regulatory hurdles that could limit its operations in certain countries and regions.
SpacePay Recognition and Achievement
Industry leaders and notable figures in the industry are already recognizing what SpacePay is doing, even though the project is still in its early stages.
SpacePay won the Payment Platform of the Year award at the Corporate LiveWire event for 2022/23.
It has also received a vote of confidence from investors. So far, the project has raised $750,000 from private investors, demonstrating their confidence in what it offers and its future.
The platform has also reinvested in its growth through a completed buyback option. This is to drive further development.
The project has completed its minimum viable product (MVP) and is in the process of acquiring intellectual property to secure and enhance its market position.
The platform also complies with regulatory standards, which allows it to operate in every sanctioned nation worldwide. This also ensures that it has unrestricted market reach.
How to Join the Presale
The presale has been able to raise close to $1 million, which is one of the proof that investors are rushing to take advantage of its offers. With its current price at $0.002356, the presale offers a ground-floor entry for users.
and click on the ‘Connect Wallet’ or ‘Buy Now’ option. This provides access to acceptable wallets, including Metamask, Wallet Connect, and Best Wallet.
You can then fill in the required information and swap ETH, BNB, MATIC, USDT, USDC, AVAX, and BASE for SPY. You can also purchase with your bank card.
JOIN THE SPACEPAY (SPY) PRESALE NOW
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