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Numbers tell stories in crypto, and SpacePay’s figures paint an interesting picture. This London-based fintech startup enables merchants to accept cryptocurrency payments through existing card machines, supports over 325 wallets, and provides instant fiat conversion with volatility protection.
SpacePay has already secured over $1.2 million in funding, with $SPY tokens currently available at $0.003181 during the presale phase.
While many crypto projects struggle to gain traction, SpacePay’s metrics suggest something different is happening here. Let’s examine the key figures that set this payment solution apart from typical presale offerings.
325+ Supported Wallets Opens Massive Market Access
Most crypto payment systems support a handful of popular wallets and call it done. SpacePay takes a different approach by accommodating over 325 different wallet applications. This extensive compatibility means customers can use whatever crypto wallet they prefer without downloading new apps or switching platforms.
The math behind this decision makes sense. Why would merchants adopt a payment system that only works for some crypto users? With SpacePay’s broad wallet support, businesses can serve nearly any customer who shows up wanting to pay with digital currency. This removes friction for both merchants and customers while expanding the potential user base significantly.
Supporting this many wallets also demonstrates serious technical capability. Each wallet integration requires development work and ongoing maintenance. The fact that SpacePay manages compatibility with hundreds of options suggests they have the infrastructure to handle real-world payment volumes.
https://x.com/SpacePayLtd/status/1949094365382562007
0.5% Transaction Fees Beat Traditional Processors
Here’s where SpacePay’s numbers get really interesting for business owners. Traditional payment processors typically charge merchants between 2% and 4% per transaction. SpacePay charges just 0.5%. For a business processing $50,000 monthly, that difference could mean saving $750 to $1,750 every month.
SpacePay keeps their pricing simple and transparent. Business owners won’t get hit with recurring costs, installation charges, or unexpected fees later. Knowing exactly what they’ll pay helps merchants budget more effectively.
This pricing model only works if the underlying technology delivers reliable service. Charging low fees while providing better functionality is how companies steal market share from established players. But it’s also how they go bankrupt if their product doesn’t perform as promised.
400 Million Crypto Users Create Enormous Opportunity
The global crypto user base has grown to approximately 400 million people worldwide. Most of these users hold digital assets but have limited options for spending them in physical stores. This creates a massive disconnect between crypto ownership and practical utility.
SpacePay positions itself to bridge this gap by making crypto payments as simple as traditional card transactions. When those 400 million users can easily spend their digital money at local businesses, the transaction volume potential becomes substantial.
Small businesses get the biggest win from tapping into crypto users. Millennials and Gen Z customers already prefer contactless payments, and plenty of them hold digital currencies. Shops that start accepting crypto might end up serving people their competitors simply can’t reach.
34 Billion Token Supply With Strategic Distribution
SpacePay split their 34 billion $SPY tokens in a way that actually makes sense for long-term success. Regular people get 20% through the public sale, while 17% goes toward keeping users happy with rewards and perks. They set aside 10% for building new features, 18% for business partnerships, and another 18% for getting the word out.
What’s nice to see is that the founders only kept 5% for themselves. Most crypto teams grab way more than that. This smaller slice shows they’re more interested in creating something that lasts than making a quick fortune.
They put the leftover 12% in reserve for whatever comes up later. This spread-out approach means they can fund different parts of the business without putting all their eggs in one basket.
$1.2 Million Raised Shows Real Market Interest
SpacePay pulled in over $1.2 million without paying influencers or running flashy ad campaigns. That kind of organic interest usually means people actually want what you’re building.
The money supports continued platform development, merchant partnerships, and regulatory compliance efforts. Unlike projects that spend fundraising proceeds on marketing hype, SpacePay appears focused on building actual business infrastructure.
Presale momentum often reflects whether a project addresses real problems or just chases trending topics. SpacePay’s steady fundraising progress suggests people see value in solving the crypto payment adoption challenge that has persisted for years.
Their presale rewards people who jump in early with better prices, then bumps up the cost for later buyers. It gets people moving without being too pushy about it.
Anyone interested in participating can visit SpacePay’s official website and connect a compatible crypto wallet. They can then purchase $SPY tokens at the current price of $0.003181 using various cryptocurrencies or traditional payment methods.
JOIN THE SPACEPAY ($SPY) PRESALE NOW
