
SpacePay’s $SPY token presale raised over $1.1 million at $0.003181 per token, enabling crypto payments through existing card machines with instant fiat conversion.
Cryptocurrency payments have been stuck in a weird place for years. Most businesses want nothing to do with them because they’re too complicated or risky.
SpacePay, a London-based startup, believes it has cracked the code. Their platform allows merchants to accept crypto through regular card machines without purchasing new equipment, and it instantly converts everything to regular currency, so businesses don’t have to worry about price fluctuations.
The presale has already raised over $1.1 million, with $SPY tokens currently priced at $0.003181.
The cryptocurrency market currently features numerous projects that either offer little value or promise the moon without delivering much. But sometimes you find coins that trade cheaply, which actually solve real problems.
SpacePay fits that description. They’re not trying to be the next meme coin sensation. Instead, they’re tackling something boring but important: making it easier for regular businesses to accept crypto payments.
The numbers back this up, too. They support over 325 different wallets and only charge 0.5% in fees. Compare that to credit card companies, which typically charge 2-4% of every transaction.
The technical aspects also seem solid. They’ve built proper security features and monitoring systems. That might sound basic, but many crypto projects overlook these fundamentals and pay the price later.
Source: SpacePay / X
Most cryptocurrency payment solutions require merchants to completely overhaul their operations. SpacePay takes a different approach. They update existing payment terminals with software, then handle all the crypto complexity behind the scenes.
When someone pays with Bitcoin or Ethereum, the system immediately converts it to the local currency, typically dollars, euros, or the currency the business usually uses. The merchant receives payment in regular currency within seconds. No waiting around hoping crypto prices don’t crash overnight.
This solves the biggest problem businesses have with crypto: they don’t want to risk price fluctuations. A coffee shop owner shouldn’t have to become a cryptocurrency trader just to sell lattes.
Customers also get a good deal. They can use popular cryptocurrencies like ETH, BNB, MATIC, and USDT without paying extra fees. That’s actually unusual – most payment systems tack on charges somewhere along the way.
The $SPY token isn’t just for payments. Token holders receive voting rights on platform decisions, which means they have a direct input on new features and direction changes. That’s more involvement than most crypto projects offer their communities.
There’s also a revenue-sharing setup. When SpacePay generates revenue from transaction fees, a portion of it is distributed back to token holders. It’s basically like owning tiny shares in the company’s success.
The project runs monthly loyalty programs that reward active users with free tokens. Nothing fancy, but it keeps people engaged and creates ongoing value for supporters.
Early access to new features is another perk. Token holders get to test drive updates before everyone else. For businesses planning their payment strategies, that head start could matter.
They’ve capped the total supply at 34 billion tokens, with 20% going to the public sale. The rest supports development, partnerships, marketing, and emergency reserves. Pretty standard distribution for a project this size.
Source: SpacePay
The presale has raised over $1.1 million so far. That’s not massive by crypto standards, but it shows genuine interest in practical applications rather than pure speculation.
They’re using tiered pricing, so early buyers receive better deals than those who buy later. Each stage costs more than the last. It’s a common approach that rewards people who get in early while building momentum.
You can pay with various cryptocurrencies or regular bank cards. That flexibility makes sense for a project focused on mainstream adoption. They can’t exactly preach accessibility while making it hard to participate.
The team has developed a working product and is now focusing on regulatory compliance. Those aren’t exciting talking points, but they’re precisely what separates serious projects from quick cash grabs.
Anyone interested in the $SPY presale can join through SpacePay’s official website. Currently, each token is priced at $0.003181, but expect this number to increase as more stages of the sale are completed.
First, you’ll need to connect a crypto wallet. The platform accepts payments in ETH, BNB, MATIC, AVAX, USDT, USDC, and BASE. They also accept bank cards for individuals who don’t yet have crypto.
Once your wallet is connected, select the number of tokens you want. The system calculates everything automatically, including network fees.
After confirming the transaction in your wallet, save all the details. You’ll need them later for claiming tokens and joining any staking programs they launch.
The team remains active on Telegram and Twitter, providing regular updates on the presale and development progress. Worth following if you want to track progress.
JOIN THE SPACEPAY ($SPY) PRESALE NOW: Website, (X) Twitter, Telegram.
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