The crypto market is expanding. But there is little innovation in integrating crypto into the mainstream as a currency.
So SpacePay’s entry into the crypto market has been a pleasant surprise. The new altcoin sensation simplifies crypto payments, making it more feasible for everyday transactions.
In its ongoing token presale, SpacePay (SPY) is steadily moving to the $500,000 mark.
What you'll learn 👉
A Clear Mission
SpacePay wants to make cryptocurrencies as easy to spend as cash.
Although crypto investments have gained impressive value over the years, they’re not a convenient mode of transactions.
We can’t simply tap our phones to pay for groceries with Bitcoin. Or, swipe a card to pay for a gym subscription with Ethereum. They’re technically possible, but entail complicated processes.
Using cryptocurrencies for everyday payments can be overwhelming. Is it really worth setting up different wallets, converting crypto into fiat currencies, and juggling multiple exchanges?
Paying for something as simple as a coffee with Bitcoin is a hassle.
From the perspective of merchants, the villain is volatility. Let’s say a convenience store accepts payment in Bitcoin. If the BTC price drops, they could lose money overnight before they convert it to fiat currency.
That explains why cryptocurrencies remain investments rather than a practical medium of exchange.
Enter SpacePay
SpacePay integrates seamlessly with existing card terminals. That means merchants don’t need to invest in expensive new equipment to start accepting crypto payments using SpacePay.
For customers, it gets even easier. It is as simple as scanning a QR code at checkout. It removes the need for complicated wallet setups or multiple platform exchanges.
Merchants get paid in the fiat currency of their choice. So they don’t have to worry about market fluctuations. It removes the risk of volatility and gives merchants peace of mind.
Another advantage is that SpacePay supports over 325 digital wallets. It gives customers flexibility.
The platform is free of cost for customers and payment companies. There are no hidden fees or transaction costs for merchants, either. They are charged low fees for the service.
SpacePay’s core features are low financial barriers and a user-friendly payment experience. It is an appealing option for both consumers and businesses. Furthermore, it uses cryptographic security measures to prevent unauthorized access.
SpacePay has already made a name for itself. It won the prestigious “New Payment Platform of the Year” award at the CorporateLiveWire Global Awards 2022/23.
SPY Presale is About to Hit $500,000
SpacePay has raised $750,000 from private investors so far. An additional $400,000 has flowed into the project from public presale investors.
The fast-moving presale shows that investors see promise in the platform’s vision. With the MVP already developed and currently in beta testing, they are confidently pouring money into the project.
SPY token is available at fixed, discounted prices in the presale. It lowers the investment barrier to the project for early backers. This is the last chance to buy the token before it hits exchanges.
On its launch, SpacePay aims to meet regulatory standards across different countries to realize its vision of global crypto adoption.
The SpacePay community has exploded to over 55,000 followers on Twitter and 6,000 members on Telegram.
SPY tokens will be used for payments, rewards, and governance on the platform. Exclusive benefits, including access to quarterly webinars, also await holders. These webinars are a way to stay updated on the platform’s development and future plans.
Is SPY the next altcoin to explode?
SPY is a top altcoin to watch now.
The heavy focus on innovation has helped it win the attention of the crypto community.
If the ecosystem evolves as planned, it could contribute to the mass adoption of digital currencies. With the growth and expansion of SpacePay, early investors stand to gain high returns.
To not miss out on the tokens, join the presale before the sell-out. The presale supports payments in USDT, USDC, ETH, and fiat cards.
For the latest updates about the presale and project developments, join the SpacePay community on X (Twitter) and Telegram.
Disclaimer: CaptainAltcoin does not endorse investing in any project mentioned in this article. Exercise caution and do thorough research before investing your money. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
