Why Your Local Store Might Soon Accept Crypto Thanks to SpacePay

Imagine stopping by your favorite bookstore, browsing the latest bestsellers, and paying for your new novel with Bitcoin or Ethereum – all on the shop’s regular card machine. This isn’t science fiction anymore. Thanks to SpacePay, using cryptocurrency for everyday purchases is becoming a practical reality.

For years, store owners have avoided crypto due to price swings, expensive equipment, and complicated setups. SpacePay seems to have cracked this problem in a way that makes sense for both sides.

This London-based fintech startup has the potential to change how crypto payments work in the real world. With features like seamless integration with existing payment terminals and support for hundreds of different crypto wallets, they’ve already raised more than $1M in their ongoing presale.

Cutting Costs with Low Transaction Fees

Ask any small business owner about credit card processing fees, and you’ll likely get an eye roll. Those 2-3% fees eat into already thin margins. SpacePay slashes this to just 0.5%.

For a local business processing $10,000 in monthly sales, traditional payment systems take $200-300 each month in fees. SpacePay drops that to just $50. Over a year, that’s thousands back in their pocket.

Shop owners could reinvest that extra cash in their business, hire help during busy seasons, or even lower prices to stay competitive. 

Shielding Businesses with Volatility Protection

“I’d accept Bitcoin, but what if it crashes right after a sale?” This fear keeps countless merchants from embracing crypto payments.

SpacePay addresses this challenge with a clever, straightforward solution. When a customer pays with crypto, the system instantly converts it to the merchant’s local currency. No waiting, no market exposure, no risk. SpacePay converts crypto to regular money the instant a customer pays, locking in the current exchange rate before prices can change.

Store owners don’t need to become crypto traders or market watchers. The amount on the receipt is the amount in their bank account – simple as that. This protection removes the biggest roadblock to adoption, which allows businesses to welcome crypto-savvy customers without losing sleep over market volatility.

Visit SpacePay Presale

Understanding SpacePay’s Tokenomics

Behind SpacePay’s payment solution is the $SPY token, capped at 34 billion tokens with distribution that shows long-term thinking.

The token allocation reveals SpacePay’s priorities: 20% for public presale, 17% for rewards programs, 10% for technical development, 18% each for partnerships and marketing, and a 12% reserve. The founding team takes just 5% – refreshingly modest compared to many projects.

$SPY holders get to vote on platform decisions, receive monthly rewards, access new features early, and join quarterly calls with leadership. They also benefit from a revenue-sharing model, which earns income based on platform performance.

This community-first approach creates a system where everyone wants SpacePay to succeed because they directly benefit when it does.

SpacePay’s Calculated TGE Postponement

SpacePay recently pushed their Token Generation Event back to Q2 2025. In the rush-to-market crypto world, delays often raise eyebrows, but their reasoning makes sense.

After consulting with industry experts, the team decided timing this right matters more than rushing. They’ve secured major partnerships and are finalizing deals with top-tier launchpads that could significantly boost their launch.

The team has also observed recent token launches stumble despite good fundamentals. Market conditions and liquidity matter enormously, and they’re sensibly waiting for a better window.

What stands out is that SpacePay has been in development for four years already. This isn’t a rushed project trying to cash in on crypto hype. The willingness to wait shows confidence in their product and focus on long-term success rather than quick gains.

How to Participate in the SpacePay Presale

Whether you own a small business hoping to save money, or you’re a crypto holder wanting to use your digital assets, SpacePay could finally bring cryptocurrency payments to your local shops.

If you want to get in on SpacePay before it hits the mainstream their presale is running with tokens priced at $0.003181. Head to SpacePay’s official website and connect a crypto wallet. You can pay with ETH, BNB, MATIC, AVAX, BASE, USDT, USDC, or even a regular bank card if you’re new to crypto.

Choose your investment amount, confirm the transaction, and save your details for when it’s time to claim your tokens. Follow their Telegram and Twitter channels to stay updated on developments.

JOIN THE SPACEPAY ($SPY) PRESALE NOW

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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.

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Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

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