The post SpacePay Could Become The Crypto Payment Solution People Have Been Looking for – Next Best Crypto? appeared first on Coinpedia Fintech News
For investors looking for the best crypto payment solution, there are multiple options to pick from. However, the one that has the most potential to generate investor interest is accessibility. Why accessibility? Well, accessibility has been the biggest roadblock to making people more receptive towards crypto.
SpacePay is the new blockchain project that has made an effort to deal with this issue in a big way. Currently on presale, the project has raised more than $800k. With $1 million raised on the horizon, now is possibly the right time to invest in this unique blockchain project.
SpacePay – Breaking All the Norms of Standardized Crypto Payment Approach
What comes to mind when a standardized crypto payment option is in the conversation? Remembering passphrases, the wallet addresses, and then rechecking them to ensure that no transaction goes wrong, comes to mind.
While these are security related points and should not be ignored, there should be a solution that makes it easy for the people to use crypto payment options.
Therefore, SpacePay has arrived with its terminal-agnostic solution. Designed as a simplified app that could be integrated to cryptocurrency wallets as well as payment card machines, SpacePay is a terminal-agnostic solution.
The official whitepaper has described the application as a next-gen solution, capable of bringing crypto and traditional payment seekers on the same page.
How does SpacePay accomplish all of this? Using a simple decentralized payment system that combines the best security while remaining transparent.
SpacePay’s Decentralized Payment System – Focusing on Inclusivity on All Fronts
When we talk about inclusivity, only one customer is considered. However, SpacePay’s inclusivity is one that helps all parties.
The perks of robust cryptography and fraud detection techniques have been combined to not only provide a seamless solution, but one that everyone can accept.
Users will find that adding a terminal-agnostic interface that is SpacePay is free. With no charges involved, this audited project can gain traction among crypto users faster.
Now comes the benefit for payment companies and merchants.
Payment companies will like all that SpacePay has to offer since it won’t levy any additional cost on them. That will make it easy for payment companies to turn on their payment card machines to install the app.
And finally, there are merchants. Merchants, even crypto friendly ones, have always been a bit apprehensive about accepting the entire payments in crypto. Their fears? The rising market volatility, and how a crypto asset’s value can change pretty much on a fly. This has happened in the case of Bitcoin and even low-cap meme coins that often get devalued pretty easily. To save these merchant’s interest, SpacePay has created volatility protection.
Under volatility protection, payment is made based on the agreed upon fiat value. It means that when the payment goes through, merchants are paid crypto equivalent to the fiat value of the project. For instance, if the price of a cupcake is $5 and the payment is based on DOGE, then the number of tokens that will be transferred will be based on the DOGE price around that time.
SpacePay Raises $800k – How to Invest in SpacePay
Since SpacePay is available on presale, the process of investing in it is rather easy, as it involves the following steps.
Step 1 – Visit the Official SpacePay Website
Users must first visit the official website using the link here. SpacePay has already gotten a lot of attention on the market, and it is likely that many copycats already exist. Therefore, to be on the safe side, only use the link provided on this page.
Step 2 – Connect the Wallet
Now, once users have navigated to the official website, they must connect their wallets. They can choose between MetaMask, Coinbase Wallet, and Trust Wallet. Wallet Connect is also an option for those looking to use QR codes to connect their mobile wallets.
Step 3 – Buy SpacePay Token
After connecting the wallet, users can enter the number of ETH, USDC, or USDT tokens to swap for SPY tokens. This process will complete the transaction, and once the tokens are generated after the presale’s conclusion, users can come to the website and get the tokens.
Is SpacePay a Good Investment Overall?
With all that SpacePay brings to the table, can it be considered a good investment? A simple answer is yes. There have been many projects in the crypto space that talk about accessibility, and fewer are those who can substantiate their talks by providing something of value. Furthermore, SpacePay is already an award-winning project, making it a suitable buy for anyone looking for something trustworthy to get into.
Those who want to invest should visit the official website.
