Paying with crypto at physical stores is still rare in 2025. Try buying a sandwich with Bitcoin today. Chances are slim you’ll succeed. That’s the odd situation with crypto these days – lots of people own it, but few places accept it. Digital wallets are full of tokens that stay unused for actual purchases.
SpacePay wants to change this reality with their payment platform that charges only 0.5% in fees, works with over 325 crypto wallets, and gives store owners immediate cash settlements.
Their project has caught some eyes too – they’ve raised over $1 million so far, with $SPY tokens currently priced at $0.003181 in their ongoing presale.
Works With Cash Registers Stores Already Have
What makes SpacePay stand out is their practical approach. Most solutions ask stores to buy new equipment. SpacePay doesn’t. Their system works with Android payment terminals stores already use. It just needs a simple software update.
This makes sense for small businesses. Store owners don’t want extra costs. They run on tight margins already. With SpacePay, the same machine that takes credit cards can now accept crypto too. Staff don’t need to learn complex new systems.
For customers, paying is easy. They scan a QR code with their crypto app. They confirm the amount. Then they tap to finish. No long wallet addresses to type. No waiting around for confirmations.
https://x.com/SpacePayLtd/status/1907104643907260496
Protection From Crypto Price Changes
Store owners worry about crypto prices changing fast. They don’t want to accept Bitcoin worth $50 at lunch and find it worth $40 by dinner. This risk keeps many businesses away from accepting crypto.
SpacePay solves this common problem. When a customer pays with crypto, the store gets paid in regular money right away. The store sells an item for $50, they get exactly $50 in their account. It doesn’t matter if Bitcoin prices drop later.
This works because the system locks the exchange rate when payment starts. If prices drop during those few seconds, SpacePay takes the loss. The store just sees normal money in their account.
Lower Fees Save Money For Businesses
Credit card companies take a big cut from businesses. Their fees range from 2.5% to 3.5% on every sale. This adds up to large amounts over time.
SpacePay offers a much lower 0.5% fee. This creates real savings. A store doing $50,000 in monthly sales would typically pay about $1,500 to credit card processors. With SpacePay, they would pay just $250. That’s $1,250 extra each month.
These savings come from cutting out middlemen. When someone uses a credit card, the payment passes through several companies. Each one takes a fee. SpacePay creates a more direct path using blockchain technology.
Technology That Makes It Work
The technology behind SpacePay checks multiple things at once. While regular payment systems are still checking account balances, SpacePay has already verified the wallet, confirmed the store details, and locked in the exchange rate.
Every payment gets recorded on the blockchain. This creates secure records that can’t be changed later. The system has no single point that could fail.
Another strength is wallet compatibility. SpacePay works with more than 325 different crypto wallets. Users can pay with MetaMask, Trust Wallet, or many other options. They don’t need to download a new app just to make a payment.
The SpacePay Tokenomics
The $SPY token has a total supply of 34 billion tokens distributed with clear priorities. The public presale gets 20% of tokens, which makes it accessible to regular users. The founding team takes just 5%, which is much less than usual for crypto projects.
Other token allocations include 17% for user rewards, 18% for strategic partnerships, 18% for marketing, 12% for the reserve fund, and 10% for development. This balanced approach shows focus on growth and community.
Token holders can vote on platform decisions and may receive monthly loyalty rewards. As the platform grows, token holders might benefit from a revenue-sharing model. This creates a system where everyone has reasons to want the project to succeed long-term.
Plans for the Rest of 2025
SpacePay recently moved their Token Generation Event to Q2 2025. This delay was a careful choice. After talking with advisors, they decided waiting was smart.
The team has spent four years developing their system. Taking a few more months to get the launch right makes sense. This extra time lets them secure important partnerships.
Recent token launches show that timing matters a lot. Projects with good technology still struggle if they launch at the wrong time. SpacePay is watching market conditions to find the best moment.
About the SpacePay Presale
The SpacePay presale is currently active with tokens priced at $0.003181. To join, people can visit the official SpacePay website and connect their crypto wallet. The system accepts many payment options including ETH, BNB, MATIC, AVAX, BASE, USDT, USDC, and regular bank cards too.
After connecting a wallet, users select how many tokens they want and complete the purchase. The tokens stay in the connected wallet until the presale ends. Based on SpacePay’s utility, the SPY token could very-well be the next big altcoin this year.
JOIN THE SPACEPAY ($SPY) PRESALE NOW
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