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SpacePay Raises Close to $1,000,000, Plans to Introduce Referral and Staking Rewards Soon

ericdunne519
ericdunne519
Last Updated: December 17, 2024 8:26 am
5 mins read
SpacePay Fast and Secure payments

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SpacePay is planning to add staking and referral rewards to its payment platform as presale funding approaches $1,000,000.

The project started by fixing everyday payment problems with its 0.5% fee and instant settlements. Now it expands into passive earning opportunities that reward both active users and those who help grow the network.

With SPY tokens priced at $0.002356, early supporters gain access to multiple income streams beyond traditional payment processing.

The platform builds on its foundation of connecting over 325 crypto wallets to standard card machines. Small businesses save thousands in payment fees while gaining instant access to their earnings.

What is SpacePay?

SpacePay makes crypto payments work like regular card transactions but with lower fees and faster settlements. The platform connects to standard Android-based payment terminals found in millions of stores worldwide.

This means merchants keep their current equipment while gaining the ability to accept payments from over 325 crypto wallets.

The platform solves key problems that stop businesses from using crypto. First, the 0.5% transaction fee saves merchants decent money compared to credit card rates of 2.5-3.5%.

For a store processing $10,000 monthly, this means keeping an extra $200-300 every month. Second, instant settlement gives merchants immediate access to their money, unlike traditional systems that hold funds for days.

Price protection removes the risk of crypto market changes. When customers pay in crypto, merchants receive their exact local currency amount instantly.

If a customer buys a $50 item using Bitcoin, the store gets $50 in their account regardless of market movements. This protection lets businesses accept crypto payments without worrying about price swings affecting their income.

The system works through simple QR code scans. Customers open their preferred wallet, scan the code, and confirm the payment.

Merchants see the payment confirmation on their existing screen, just like with card payments. No special training or technical knowledge is needed; the platform handles all conversion and settlement automatically.

SpacePay to introduce staking and referral rewards

SpacePay to introduce staking and referral rewards

SpacePay plans to launch staking pools that let token holders earn passive income. When users lock their SPY tokens in these pools, they’ll receive regular rewards.

The staking system creates an additional earning opportunity beyond the platform’s payment features. While specific reward rates remain under development, the program aims to benefit long-term supporters.

The referral system will reward community members who help expand SpacePay’s network. Users can earn bonuses by bringing new participants to the platform.

This growth approach helps both the referrer and the project – as more people join, transaction volumes increase, creating more opportunities for everyone involved. Think of it like a neighborhood shop giving rewards to customers who bring in new business.

The combination of staking and referrals builds a complete earning ecosystem. Token holders can stake for passive income while actively earning through referrals. For example, a user who stakes their tokens might also earn extra rewards by helping local stores discover SpacePay’s payment solution.  

These programs connect directly to SpacePay’s payment success. As more merchants use the platform for daily transactions, the revenue pool for rewards grows naturally.  

Features of SpacePay

SpacePay connects to any Android-based payment terminal through a simple software update. Security protects both merchants and customers without slowing transactions. The platform uses strong encryption to shield payment data, while merchants maintain privacy through secure account controls.

Each transaction gets verified instantly, preventing payment disputes or reversals that often trouble businesses accepting digital payments.

The merchant dashboard provides clear transaction tracking. Store owners see their daily sales, fee calculations, and settlement status in real-time.

The system automatically handles all currency conversions and generates simple reports for accounting. This clarity helps businesses track their earnings and plan their operations effectively.

Unlike traditional systems where fees change based on card types or transaction volumes, SpacePay keeps costs predictable. This single rate applies to all transactions, helping merchants calculate costs easily and budget with confidence.

SpacePay presale – How to join?

The SpacePay presale has gathered close to $1,000,000 as investors recognize its practical payment solutions. SPY tokens now sell at $0.002356, offering early entry before staking and referral programs launch.

The growing presale shows strong market interest in a platform that makes crypto payments useful for everyday business.

The investment process works through SpacePay’s official website. After clicking the presale button, connect your crypto wallet to begin.

The platform accepts several payment methods to suit different investors. You can buy tokens using USDT, AVAX, BASE, MATIC, ETH, or BNB. For those new to crypto, bank card payments provide a familiar way to participate.

The presale dashboard guides you through each step. Enter your desired investment amount, and the system calculates how many SPY tokens you’ll receive at the current price.

Review the transaction details carefully before confirming. The platform shows minimum and maximum purchase limits clearly, helping you plan your investment.

Keep your transaction records safe for token claiming later. These details matter for accessing your tokens and joining future staking pools.

Earn with SpacePay

The best way to stay informed about important dates and platform updates is through SpacePay’s Telegram channel and Twitter feed. Their community channels share news about:

  • Exchange listing plans
  • Staking program launch dates
  • Referral system details
  • New merchant partnerships
  • Platform developments

The combination of payment utility and upcoming reward programs creates multiple paths to potential returns. Each new merchant joining SpacePay adds to transaction volumes, while staking and referrals will soon offer additional earning opportunities.

Visit SpacePay’s website to participate in the presale or join their social channels for project updates.

JOIN SPACEPAY COMMUNITY NOW 

Website    |      Twitter   |     Telegram 

 

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ericdunne519
ericdunne519

ericdunne519

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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