Search Inside Bitcoins

Crypto Transactions for Everyday Payments Are No Longer a Dream with SpacePay: Here’s Why

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

SpacePay Presale is Live
SpacePay Presale is Live

Join Our Telegram channel to stay up to date on breaking news coverage

The introduction of crypto is changing the way that people look at money. Now, crypto has entered the world financial system. Businesses and retail establishments worldwide are starting to acknowledge it at the same time.

However, accepting crypto and converting it to a native currency is not easy. That is where SpacePay is entering the market.

The project makes crypto payments practical for everyday use. Here’s why SpacePay could be the next big thing in the world of digital payments.

What is SpacePay?

SpacePay is a London-based fintech startup. The project focuses on changing the payment industry with advanced cryptocurrency solutions.

With the support of international investors, SpacePay wants to enable payment providers and retailers by incorporating cryptocurrencies into their platforms.

One of the important features of SpacePay is that the crypto is immediately converted to the merchant’s native currency. This helps to avoid the change in crypto prices, as the prices can go up or down unpredictably.

SpacePay’s main objective is to close the gap between crypto and conventional payment methods. It provides a safe, effective, and intuitive platform that makes it simple to use for everybody.

SpacePay working

ETH, USDC, and USDT are just some of the cryptos that can be used to make regular purchases with SpacePay.

SpacePay is compatible with over 325 wallets. The platform’s APK offers easy integration with all Android POS terminals. What’s even more interesting is that SpacePay doesn’t charge payment companies for hosting its APK on their devices.

The platform also charges a flat rate of 0.5% on every transaction. Comparatively, the charges are less than those of other payment services.

Roadmap and Achievements

SpacePay has drawn out its vision, plan and what it has achieved since the beginning of its journey.

  • Fundraising and Development: SpacePay was able to raise $750,000 from individual investors. They are now in private beta. Also, this money has been essential to the development of their Minimum Viable Product (MVP). The MVP has been thoroughly tested and improved upon in response to user input.
  • Regulatory Compliance: Achieving full compliance with global regulatory standards is a major milestone for SpacePay. This compliance ensures that SpacePay can operate legally and securely in all unsanctioned nations.
  • Industry Recognition: There has been awareness about SpacePay’s strategy. The company won the Corporate LiveWire Global Awards 2022–2023’s “New Payment Platform of the Year” category.
  • Token Sale and Presale: The ongoing presale has raised over $236,000 within the first few weeks.
  • Future Plans: Looking ahead, SpacePay plans to continue its development and expansion. This includes rolling out new features and forming strategic partnerships.

You can have a look at the tokenomics breakdown below:

tokenomics on SpacePay

How to Buy $SPY Tokens?

You must link your cryptocurrency wallet to the SpacePay website in order to participate in the presale. You can use Coinbase or Base wallets for example.

You can participate in presale with different networks (BNB, MATIC, AVAX, BASE, and ETH).

Go to the buy widget on the SpacePay website. Enter the amount of $SPY tokens you wish to purchase and select your preferred payment method.

Authorize the transaction by confirming the swap of your selected cryptocurrency for $SPY tokens.

You will be able to claim the SPY tokens using the same wallet after the token is listed on a DEX. The details will be announced by the team soon on their social media channels.

What SpacePay is trying to achieve is very important for the crypto industry. The chance for investors to buy the token now at the presale is also crucial, as the price can increase following a DEX or CEX listing.

If you love what SpacePay is trying to do and want to jump early on the project, now is the best time to do so.


Website    |    Twitter    |  Telegram

Join Our Telegram channel to stay up to date on breaking news coverage

Read next