{"id":539348,"date":"2024-06-24T05:40:19","date_gmt":"2024-06-24T05:40:19","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=539348"},"modified":"2024-06-24T05:40:19","modified_gmt":"2024-06-24T05:40:19","slug":"spacepay-aims-to-change-how-crypto-payments-work-heres-how","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/spacepay-aims-to-change-how-crypto-payments-work-heres-how","title":{"rendered":"SpacePay Aims To Change How Crypto Payments Work &#8211; Here&#8217;s How"},"content":{"rendered":"<p>Are you involved in crypto? It must have happened that you thought \u201cit would be nice to pay everything I need in crypto\u201d.<\/p>\n<p>However, it may sound easy, but achieving that level of freedom for crypto requires a lot of work.<\/p>\n<p>To address this gap in the payment system, <a href=\"https:\/\/presale.spacepay.co.uk\/\">SpacePay<\/a> is here with a mission to bring about a change in the crypto payment sector.<\/p>\n<p>This London-based fintech startup is trying to integrate crypto into everyday transactions. Backed by global investors, SpacePay&#8217;s presale of SPY tokens is now live.<\/p>\n<p>Let us find out how SpacePay is trying to make crypto payments simple for the community.<\/p>\n<h2>Making Crypto Payments Simple<\/h2>\n<p>One of SpacePay&#8217;s main goals is to simplify crypto payments for both businesses and consumers. The platform ensures that businesses receive the exact amount in their local currency, regardless of cryptocurrency price fluctuations.<\/p>\n<p>This stability gives businesses confidence, especially when the price of coins moves up and down rapidly.<\/p>\n<p>SpacePay is designed to work easily with over 325 digital wallets, including popular options like MetaMask, Trust Wallet, and Coinbase Wallet.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Buckle up! <br \/>Our presale price is set to increase 3x before it ends  \ud83d\ude80 <\/p>\n<p>Hurry up to bag now\ud83d\udc40 <a href=\"https:\/\/t.co\/pPugHzWeTW\">pic.twitter.com\/pPugHzWeTW<\/a><\/p>\n<p>&mdash; SpacePay (@SpacePayLTD) <a href=\"https:\/\/twitter.com\/SpacePayLTD\/status\/1800570907976700132?ref_src=twsrc%5Etfw\">June 11, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<h2>Key Benefits of SPY Tokens<\/h2>\n<p>The SPY token offers several benefits for its holders. These include rewards, voting rights on platform decisions, early access to new features, and a share of the revenue.<\/p>\n<p>SpacePay also plans to make charitable donations made by SPY token holders.<\/p>\n<p>SpacePay has already secured $750,000 from private investors. The development of the Minimum Viable Product (MVP) is complete and is currently being tested in private beta.<\/p>\n<p>SpacePay has received ull regulatory compliance which allows it to operate in all unsanctioned nations. The project has also won the &#8216;New Payment Platform of the Year&#8217; award at the Corporate LiveWire Global Awards 2022\/23.<\/p>\n<h3>Detailed Tokenomics<\/h3>\n<ul>\n<li>Presale: 20% of tokens are allocated for the presale.<\/li>\n<li>Strategic Partnerships &amp; Ecosystem: 18% of tokens reserved for partnerships and ecosystem development.<\/li>\n<li>Marketing &amp; Community Building: 18% dedicated to marketing and community efforts.<\/li>\n<li>User Rewards &amp; Loyalty: 18% for rewarding users and fostering loyalty.<\/li>\n<li>Reserve Fund: 17% kept in reserve for future needs.<\/li>\n<li>Development: 10% allocated for ongoing development.<\/li>\n<li>Team: 5% reserved for the project team.<\/li>\n<\/ul>\n<h2>How to Purchase SPY Tokens?<\/h2>\n<p>Follow the steps below to purchase SPY tokens and become a part of the SpacePay ecosystem:<\/p>\n<ol>\n<li>Connect Your Wallet: Use <a href=\"https:\/\/metamask.io\/\">MetaMask <\/a>or another compatible wallet to connect to the SpacePay website.<\/li>\n<li>Fund Your Purchase: Ensure you have enough funds in ETH, BNB, MATIC, AVAX, BASE, USDC, or USDT.<\/li>\n<li>Buy SPY Tokens: Use the buy widget on the website to select the amount, authorize the transaction, and cover any fees.<\/li>\n<\/ol>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-539350\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/SpacePay-Simplified.jpg\" alt=\"SpacePay Simplified\" width=\"1248\" height=\"656\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/SpacePay-Simplified.jpg 1248w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/SpacePay-Simplified-300x158.jpg 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/SpacePay-Simplified-1024x538.jpg 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/SpacePay-Simplified-768x404.jpg 768w\" sizes=\"(max-width: 1248px) 100vw, 1248px\" \/><\/p>\n<h2>Building a Strong and Affordable Payment System<\/h2>\n<p>SpacePay tech integrates with existing technologies and various payment terminals easily. Also, the project aims to handle a high volume of transactions efficiently.<\/p>\n<p>One of the key features of SpacePay is its cost-effectiveness. The platform charges merchants a low transaction fee of only 0.5% per payment. They also provide instant settlements with no hidden fees.<\/p>\n<p>The SpacePay team is dedicated to making digital transactions more secure and accessible. By integrating cryptocurrency into payment systems, SpacePay plans to take crypto into the mainstream payment realm.<\/p>\n<p>Are you someone who would like to see crypto payments integrated into day-to-day activities? Join the SpacePay presale today and be a part of the project that\u2019s trying to achieve this.<\/p>\n<p style=\"text-align: center\">Follow them on social media<\/p>\n<p style=\"text-align: center\"><a href=\"https:\/\/presale.spacepay.co.uk\/\">JOIN THE SPACEPAY (SPY) PRESALE NOW!<\/a><\/p>\n<p style=\"text-align: center\"><a href=\"https:\/\/presale.spacepay.co.uk\/\">Website<\/a>\u00a0 \u00a0 |\u00a0 \u00a0 <a href=\"https:\/\/x.com\/spacepayltd?s=21\">Twitter<\/a>\u00a0 \u00a0 |\u00a0 <a href=\"https:\/\/t.me\/SpacePayTG\">Telegram<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">Are you involved in crypto? It must have happened that you thought \u201cit would be nice to pay everything I need in crypto\u201d. However, it <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/spacepay-aims-to-change-how-crypto-payments-work-heres-how\" title=\"SpacePay Aims To Change How Crypto Payments Work &#8211; Here&#8217;s How\">[&#8230;]<\/a><\/div>","protected":false},"author":1872,"featured_media":539349,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[14922],"tags":[],"class_list":["post-539348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SpacePay Aims To Change How Crypto Payments Work - Here&#039;s How - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"Are you involved in crypto? It must have happened that you thought \u201cit would be nice to pay everything I need in crypto\u201d. 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