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Home Blockchain

SpacePay Aims to Make Crypto Payments an Everyday Thing: Offering Exclusives to SPY Holders

by DigestWire member
February 23, 2025
in Blockchain, Crypto Market, Cryptocurrency
0
SpacePay Aims to Make Crypto Payments an Everyday Thing: Offering Exclusives to SPY Holders
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The post SpacePay Aims to Make Crypto Payments an Everyday Thing: Offering Exclusives to SPY Holders appeared first on Coinpedia Fintech News

SpacePay payment solution offers solutions to many of the challenges that we have had with crypto. The platform features could make it easy for anyone to accept crypto payments.

The London-based fintech platform is having a successful presale, raising around $1 million so far, and this is because investors are rushing to the ecosystem to position themselves in what could become the future of payment.

Many people believe in the potential of SpacePay and its SPY token to change the way finance is done, and this could easily make the solution valuable to everyone.

SpacePay offers a new payment system, but rather than requiring users to get new devices and wallets, it works easily with existing payment and point-of-sale machines and more than 325 wallets. With this, users don’t have to incur the expenses of getting new payment devices.

With this, it is easy for many people and businesses to use SpacePay’s solution since they are only required to continue using the system they are accustomed to.

Additionally, accepting crypto payments can open up businesses to a new customer base, as people who wish to pay with crypto could be eager to use such stores.

How SpacePay Gets the Job Done for Users

SpacePay uses various methods to ensure that crypto payments are seamless and more efficient than cash payments. One of the ways is to protect funds from the effects of volatility.

When a crypto payment is made, merchants can choose to receive them in the fiat currencies of their choice. An automatic conversion to fiat currency ensures that the value of the funds stays the same, regardless of fluctuations in crypto price during the transaction.

The $SPY raise continues! 💡

Join a revolution in crypto payments.

SpacePay is the bridge merchants need. 🌁 pic.twitter.com/3NhITlSNvZ

— SpacePay (@SpacePayLtd) January 22, 2025

SpacePay’s solution is cost-efficient, as it charges only a 0.5% merchant fee. This straightforward pricing makes it easy to determine how much a merchant will receive during payment. The platform is built to be transparent with pricing and does not impose hidden charges.

Another feature the platform offers is the instant settlement of transactions. There is no processing time, unlike a traditional payment system that can sometimes take days to settle. This efficient system has been attracting many to the SpacePay ecosystem.

SpacePay Growth Plans and Strategies

The presale is part of the plan to bring many people to the ecosystem and form a strong community. The platform carried out a contract audit and is already working on its NFC technology. 

After the presale, there will be centralized exchange listings, which will allow more people to trade the SPY token, potentially increasing its trading volume and visibility.

The platform will launch various payment partnerships to ensure that it continues to provide optimal services to its users. There will also be various API integrations and reward models aimed at rewarding the community and encouraging the constant use of the platform.

In addition to all these, the developers will carry out various developments to ensure global expansion and brand establishment. This will involve expanding their marketing reach and strategies, as well as carrying out various scaling operations and bringing features that will enhance user experience and the platform’s offerings.

Exclusive Benefits of Holding the SPY Token

Holding the SPY token has its own exclusive advantages, such as always having access to a revenue-sharing model where a part of the platform’s revenue is shared with the community members as passive income.

Apart from this, token holders will have the right to vote on various features within the platform. This ensures that it continues to grow based on the desires of token holders, who obviously want the best for the project.

SpacePay will also reward active participation on the platform through a monthly loyalty airdrop. This is to reward the most active participants within the community with some SPY tokens to encourage constant use of the platform and holding of the token.

The SPY holders will also have access to the SpacePay leadership team through quarterly Connect webinars, where they will be able to access more information about the platform’s growth and plans.

There is a total supply of 34 billion SPY tokens. 20% of this total supply is allocated for the ongoing presale, 18% is allocated for marketing and community building, and another 18% is set aside for strategic partnerships.

17% is allocated for rewards and loyalty, 12% for a reserve fund, 10% goes for development, and the last 5% is allocated to the team or founding members.

SpacePay Presale and Its Offers

The ongoing presale has raised nearly $1 million, demonstrating strong investor interest in its crypto payment solutions. The SPY token is available at a favorable price of $0.003126 during this presale phase.

Buying the token during the presale offers early access and growth at a reduced price. This purchase price might increase after the official launch.

Becoming an SPY token holder is easy. To purchase, connect a decentralized wallet using MetaMask or any other compatible wallet to the SpacePay website. Authorize the transaction with ETH, BNB, MATIC, USDT, USDC, AVAX, BASE, or even a bank card.

JOIN THE SPACEPAY (SPY) PRESALE NOW

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