Crypto has changed the way everyone thinks about cash. The number of crypto users is also increasing day by day.
This is because people are realizing the potential of using crypto for payment, transactions and also for just sending and receiving money.
However, using crypto for everyday transactions is not as easy for everyone. This is because of the current technological gap between traditional finance and blockchain technology. To potentially fix this issue, a crypto project called SpacePay is here with its software and technology that can ease this process.
SpacePay’s solution for the crypto industry
SpacePay is trying to address some of the key issues that are obstructing the use of crypto for everyday transactions. These include the lack of accessibility and usability.
This is where SpacePay has come up with its user-friendly payment system. The project has several features that will be beneficial for both users and merchants. Let us look at some of the key features of SpacePay.
SpacePay offers connectivity to over 325 crypto wallets. These include the popular ones like MetaMask, Trust Wallet, Coinbase Wallet, etc. Another key feature of the solution is its cheap transaction fees. The project only charges a fixed fee of 0.5% for each transaction to merchants.
This fee is considerably lower in comparison to other industry payment service providers. Moreover, it comes with its own set of key benefits for users as well as merchants. Let us look into it one by one.
Major benefits to businesses
SpacePay has given great thought before releasing its software solution. It offers several advantages for businesses, which will help them to accept crypto. The project’s terminal-agnostic payment APK helps to easily connect with all Android POS terminals.
This ensures that the merchants don’t need to invest in further machines or hardware to begin accepting crypto. One of the top features of SpacePay is that it helps to erase the worries of volatility.
Businesses are often worried about the volatility of crypto. This is because the crypto market is highly volatile. Also, the prices can either pump or dump unpredictably.
In such a situation of a dump, the businesses could end up at a loss when the crypto that they accepted as payment drops in value. This is where the instant off-ramping of SpacePay helps the businesses. The crypto received is instantly converted to the merchant’s native fiat currency, which completely helps to avoid volatility issues.
SpacePay raises over $400,000 via its presale
The ongoing success of its presale shows how popular the project is gaining the attention of businesses and users. The presale has already seen over $400,000 raised. The token is priced at $0.00191.
The coin can also be easily purchased with ETH, USDC, USDT or even a card. If you have a WalletConnect, Coinbase or Best Wallet, you can just go ahead to their website and connect the wallet to make the purchase.
If you wish to or have participated in the presale, you will receive your tokens after the first DEX listing. The claim details and listing details will be announced later on their social media channels.
The project has also secured $750,000 from private investors. Additionally, they have achieved full compliance with regulatory standards, which has given them the freedom to operate in all unsanctioned nations.
SpacePay also won the ‘New Payment Platform of the Year’ at the Corporate LiveWire Global Awards 2022/23. There are a total of 34 billion SPY tokens, with 20% set aside for the public sale.
The project has assigned 17% for user rewards and loyalty, 10% for development, 5% for founders, 18% each for partnerships and marketing, and 12% for the reserve fund.
Thinking about its future, SpacePay has plans to list the SPY token on major CEX’s and has a full-fledged marketing operation going on to increase its visibility. The token is advertising on multiple crypto media outlets.
All matters aside, SpacePay is helping to make crypto payments easier for businesses and users alike. If you love what the project is trying to do for its community, make sure to check out their social media channels and presale to never miss out on their next move.
JOIN THE SPACEPAY (SPY) PRESALE NOW
