SpacePay is about to entice more people to the crypto ecosystem by bridging the gap between crypto and traditional financial systems.
It seeks to make more people start utilizing crypto for everyday purchases.
Let’s dive into how SpacePay could make this happen.
Seamless Integration with Existing Infrastructure
SpacePay is changing retail payment systems by allowing merchants to accept cryptocurrency by automatically converting it to any traditional currency of their choice.
The crypto project payment APK powers traditional POS terminals, making crypto transactions as simple as regular payments.
The platform’s payment app is also designed so that business owners can accept digital currency without completely changing their current checkout system.
Wallet Compatibility
SpacePay supports over 325 different cryptocurrency wallets, making it easy for crypto users to make transactions without extra setup or transferring funds between wallets. All they have to do is scan a QR code, and transactions will be initiated.
Thus, regardless of the wallet a user is using—MetaMask, Trust Wallet, Coinbase Wallet, Ledger, or Nano S.—SpacePay works perfectly with all.
Volatility Protection for Merchants
SpacePay is also offering a solution to the volatility challenges common to the crypto market by allowing merchants to receive exactly the agreed-upon fiat amount regardless of the cryptocurrency price change at the time of transaction.
This advantage boosts business owners’ confidence about receiving cryptocurrency payments without worrying about losing money from sudden market swings.
Reduced Transaction Fees
SpacePay offers low fees for both merchants and consumers, only 0.5% per transaction, making it a top choice for business owners compared to more popular payment systems.
The crypto project’s system also ensures there are no hidden charges when transacting on the platforms.
Have you purchased the $SPY presale yet? If you haven’t done so, now will be a good time. ⏰
Stage 2 has commenced already. You don’t want to miss out on this opportunity to secure your $SPY.📈
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— SpacePay (@SpacePayLTD) July 6, 2024
Instant Settlements
SpacePay’s system settles transactions instantly, with no waiting times. This fixes a big problem common to some traditional and crypto payment methods.
The crypto project is keen on ensuring that there are no waiting times when making payments, getting rid of delays common to traditional payment options.
Scalable and Secure Infrastructure
SpacePay’s payment system is designed to handle large numbers of transactions without sacrificing speed or reliability.
The crypto platform ensures all transactions are secured through strong cryptography, therefore reducing the risk of bad actors hijacking users’ accounts. In fact, this is a challenge that is becoming rampant in the crypto industry.
The SPY Token Ecosystem
SpacePay’s native token, SPY, is also embedded with an array of features that are helping to improve cryptocurrency adoption. Active holders of the SPY token will be awarded loyalty airdrops every month and a share of the platform’s revenue.
SPY holders can also get early access to special features before they are made available to the general public. Furthermore, they have the chance to improve the future of SpacePay, as they will be given voting power to vote once a month on crucial proposals regarding the platform.
There are 34 billion SPY tokens in circulation; 20% are reserved for public sale, while 17% are allocated to user rewards and loyalty.
Also, 10% of the tokens are for platform development, 18% are for partnerships, and another 18% are for marketing and strengthening the ecosystem. The platform also keeps 12% for a reserve fund.
The crypto platform has also set a well-structured roadmap for accomplishing its mission. The platform has started with the presale. It is also working on the development of its NFC technology. Following that, the token will get listed on major exchanges and thereafter continue its global growth mission through marketing and other targeted activities.
Presale: Joining the SpacePay Revolution
SpacePay’s SPY token is ongoing, with over $277,509 USDT raised. The current price is $0.00162, and it is expected to increase gradually as the presale continues.
The SPY token can be secured using various crypto options, including ETH, BNB, USDT, and bank cards. Interested buyers can then easily connect their digital wallet to the SpacePay website to make their purchase.
SpacePay is keen on driving the adoption of cryptocurrencies while also helping to solve challenges that have slowed down its growth.
This way, SpacePay is leading the way for a future whereby cryptocurrency becomes part of everyone’s daily financial interaction.
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