Cryptocurrency continues to change the way we handle money. This new project, called SpacePay, has entered the space to ease the way crypto is handled in day-to-day life.
The project has already raised over $270,000 in its presale.
SpacePay is helping to change the payment landscape with its vision. It basically makes it easier for businesses and consumers to use crypto for everyday transactions.
Let’s dive into what makes SpacePay stand out and what it is trying to achieve.
What is SpacePay Trying to Solve?
SpacePay addresses several issues in the traditional payment sector.
Traditional payment systems often have security weaknesses. This can lead to data breaches and identity theft.
In the traditional payment world, users’ personal information is frequently at risk. This is because they have limited control over their own data.
Centralized systems offer minimal transparency. This also leaves users with little control over their funds.
Many businesses find it challenging to accept crypto due to volatility risks.
Existing payment solutions that accept crypto are often limited to just a few cryptos.
SpacePay aims to connect traditional finance with blockchain technology. It makes it easy to integrate crypto payments into existing card machines. With SpacePay, merchants can accept cryptocurrencies from over 325 wallets.
This solution is designed to simplify crypto transactions and make them more secure and efficient.
What Features Make SpacePay Stand Out?
SpacePay offers several standout features that set it apart from other crypto payment solutions:
- Wide Wallet Compatibility: SpacePay connects with over 325 different wallets. This allows use of different cryptos for everyday purchases.
- Low Transaction Fees: SpacePay charges only 0.5% per transaction. This is greatly lower than the fees charged by many other payment solutions.
- Instant Settlement: One of the biggest advantages of SpacePay is its instant settlement feature. Payments are settled instantly, which helps in providing quicker transactions.
- Volatility Protection: SpacePay has a built-in volatility protection mechanism. Cryptocurrencies are instantly converted to the merchant’s fiat currency. This protects merchants from the quickly changing prices of crypto.
- User Engagement and Rewards: The SPY token is the key part of the SpacePay ecosystem. Just holding the SPY token will provide users with monthly loyalty airdrops and voting power on important proposals.
- Regulatory Compliance: SpacePay complies with regulatory standards. The project received the “New Payment Platform of the Year” award at the CorporateLiveWire Global Awards 2022/23.
What Can You Do with SPY and How Can You Get It?
The SPY token is the key part of the SpacePay platform. Let us find out what you will get as a holder.
Holders of SPY tokens are eligible for monthly loyalty airdrops based on their activity levels.
SPY token holders have voting power. This includes voting on new features, proposals, and token-related decisions.
The total supply of SPY tokens is capped at 34 billion. Of this, 20% is allocated for the public sale, 17% for user rewards and loyalty, and 10% for development.
The remaining 5% is kept aside for the founders, 18% each for partnerships and marketing, and 12% for reserve funds.
SpacePay’s presale is ongoing. The project has already raised over $270,000. To participate, you need a MetaMask, Coinbase, Best Wallet, or WalletConnect.
Just make sure to have ETH, USDC, or USDT in your wallet to buy SPY tokens. then you can connect your wallet to their website to proceed.
SpacePay has achieved several milestones in a short period of time. This includes raising $750,000 from private investors and successfully reinvesting in their growth through a completed buy-back option.
SpacePay is changing how businesses and consumers handle crypto transactions. It supports many wallets, has low fees, settles instantly, and protects against volatility. The SPY token boosts user engagement and community participation, making SpacePay an exciting project.
If you want to be part of a project transforming payments with its Web3 vision, now might be the time to join the SpacePay community.
JOIN THE SPACEPAY (SPY) PRESALE NOW
