SpacePay ($SPY) promises to revolutionise everyday crypto transactions. So it comes as no shock that it is the latest crypto project to make waves.
Global strategic investors back this innovative platform that seamlessly integrates with existing card machines, making crypto transactions effortless. It tackles the common issues of accessibility and usability that have long plagued crypto transactions.
Everyday Purchases Using Crypto is Now Easy
Cryptocurrencies are popular among investors.
Using crypto as a practical payment solution, however, presents significant challenges. Although many platforms claim to integrate crypto into daily life, they fall short in usability, accessibility, and security.
Enter SpacePay.
Currently in the private beta phase, SpacePay is stepping up to address these challenges. It raises the standards in the payment industry by introducing a user-friendly solution.
SpacePay seamlessly integrates with existing card machines, making crypto transactions straightforward for merchants, payment companies, and consumers alike.
The fintech startup based in London adheres to all financial regulatory policies, ensuring a broad and compliant reach. With SpacePay, using crypto for everyday purchases is as simple as using traditional currency.
SpacePay’s efforts have not gone unnoticed. For its innovative solution, the platform was given the “New Payment Platform of the Year” award at the CorporateLiveWire Global Awards 2022/23, recognizing its real-world utility.
The platform is set to launch on over 4.5 million devices across nine countries this year. The number gives a preview of its high market relevance and wide-reaching impact.
Effortless Payments, Wide Compatibility, Cost-Effective Solutions
SpacePay makes crypto transactions technically and financially accessible through its key features.
To begin with, it ensures that crypto payments are quick and easy. At a retail counter or on an e-commerce website, the shopper simply needs to scan a QR code to initiate a transaction.
Unlike existing payment systems, SpacePay transactions don’t suffer from delays and long processing times. The platform supports instant transactions, making the payment process smooth and efficient.
SpacePay supports a wide range of cryptocurrencies across 325 wallets, including popular ones like MetaMask, Trust Wallet, Coinbase Wallet, and Ledger Nano S.
Affordability is another key highlight of SpacePay. It is offered to merchants at extremely low costs, and for users and payment companies, it is fee-free.
Although cryptocurrencies often face criticism for their high volatility, SpacePay has implemented robust measures to tackle this issue. It allows merchants to receive payouts in their preferred traditional currencies without worrying about sudden value fluctuations.
Ecommerce platforms and physical retail stores can easily integrate SpacePay’s software into their existing payment systems.
How SpacePay is Building the Future of Crypto Payments
SpacePay has laid out an action-packed roadmap to guide its journey ahead. Here is a quick look at what’s coming.
The journey begins with the presale of $SPY tokens. To establish credibility from the outset, SpacePay will undergo an extensive security audit through a reputable third-party firm.
The development of SpacePay’s advanced Near Field Communication (NFC) technology also takes off in this stage. It is the world’s first fully decentralised NFC program set to position SpacePay as a leader in the cryptocurrency payment sector through secure and user-friendly transactions.
The beta finalisation of SpacePay’s Payment APK is put through rigorous testing to ensure resilience and efficiency.
Token launch and community building will be one of the top priorities in the second phase. The token is set to list on major centralised and decentralised exchanges to meet the growing demand.
Strategic partnerships with leading payment processors and financial institutions will be announced in the second phase, expanding SpacePay’s market presence. As part of community building, various reward programs are introduced, including loyalty incentives, airdrops, and participation rewards.
In parallel, SpacePay will also develop an e-commerce API that will allow online merchants to easily integrate SpacePay’s payment solutions into their platforms.
With the strategically designed roadmap, SpacePay is set to lead the charge towards mainstream crypto adoption.
The Next Big Crypto of 2024?
The $SPY presale has officially launched, after raising $750,000 from private investors. It offers the public an opportunity to secure the tokens at discounted prices before they hit crypto exchanges.
Holding $SPY tokens unlocks a range of benefits like access to private features and beta versions, loyalty airdrops, quarterly connect webinars, and voting rights within the community.
More importantly, token holders benefit from a lucrative revenue-sharing model, offering passive income opportunities.
Founder Maxwell Bunting and the SpacePay team actively engage with the community on social channels, particularly Telegram, addressing the community’s doubts and concerns.
The $SPY presale presents investors with an exciting opportunity to unlock the growth potential of one of the most promising crypto projects of 2024. With potential value appreciation, passive income, and exclusive perks, $SPY tokens offer an excellent investment opportunity this year.
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