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Tired of Crypto Volatility? How SpacePay Gives Merchants Instant Stable Payments

ericdunne519
ericdunne519
9 hours ago
5 mins read
Tired of Crypto Volatility? How SpacePay Gives Merchants Instant Stable Payments

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Say you own a restaurant and take Bitcoin for a $200 meal around dinnertime. Come closing, that same payment has dropped to $170.

This nightmare scenario keeps most businesses far away from cryptocurrency payments. The wild price swings that crypto traders love are exactly what terrifies merchants trying to run stable operations. SpacePay built their entire platform around solving this exact problem, and the approach is surprisingly simple.

Instead of forcing merchants to hold volatile digital assets, SpacePay converts crypto to cash instantly. A customer pays with Ethereum, the merchant gets dollars within seconds. The business never touches cryptocurrency. They receive stable money they can immediately use for rent, supplies, payroll, whatever they need.

This London startup has already raised over $1.4 million during its presale, suggesting plenty of people see value in fixing crypto’s biggest adoption barrier. When merchants can accept digital payments without gambling on price movements, the whole equation changes.

How SpacePay Eliminates Crypto Volatility Risk

Bitcoin dropped over 10% in a single day last month. Ethereum regularly swings 5-8% within hours. These movements make crypto exciting for traders but terrifying for business owners who need predictable income.

SpacePay’s system locks in exchange rates the exact moment customers hit pay. The conversion from crypto to fiat happens so fast that price movements become irrelevant. Even if the market crashes five minutes later, the merchant already received their full payment in stable currency.

Think about how this works in practice. Someone buys a $50 item with Bitcoin at 2 PM. The merchant’s account shows $50 in dollars at 2:01 PM. If Bitcoin tanks 15% by 3 PM, the merchant doesn’t care. Their money is already safely converted and ready to spend.

This protection removes the biggest objection businesses have about accepting crypto. They can finally tap into those 400 million crypto holders worldwide without exposing themselves to market chaos.

What Merchants Actually Get From SpacePay

Business owners care about three things: making money, keeping costs down, and avoiding complications. SpacePay delivers on all three fronts in ways that matter for daily operations.

The fee structure alone should grab attention. Traditional credit card processors charge 2-4% per transaction. SpacePay takes 0.5%. A shop processing $20,000 monthly saves anywhere from $300 to $700 compared to conventional payment companies.

Those savings add up fast. That’s money for inventory, marketing, or covering slow months. Small businesses operate on tight margins where a few hundred dollars monthly can mean the difference between profit and loss.

Setup takes almost no time or effort. SpacePay works with Android card readers that millions of businesses already own. Download their app, connect it to the existing terminal, start accepting crypto that same afternoon. No expensive new equipment. No retraining staff for weeks.

The instant settlement helps cash flow too. Traditional processors often hold payments for 2-3 days before releasing funds. SpacePay settles immediately, so merchants get their money right away instead of waiting around hoping yesterday’s sales finally clear.

Why This Works Better For Customers Too

Crypto holders have been sitting on digital assets for years with limited options to actually spend them. Most places still don’t accept cryptocurrency, forcing people to convert back to cash whenever they want to buy anything.

SpacePay changes that dynamic by making crypto payments as simple as tapping a credit card. Customers can use whatever wallet they prefer from over 325 supported options. MetaMask, Trust Wallet, Coinbase, or that obscure app they downloaded ages ago – all of them work fine.

The broad compatibility matters because people hate switching apps or creating new accounts just to make a purchase. When the payment system accepts anything, customers can spend their crypto wherever SpacePay gets adopted.

Customers can pay with Bitcoin, Ethereum, stablecoins, or whatever crypto they happen to hold. Having real options means people might actually spend their digital money instead of just watching it sit in their wallets forever.

Visit SpacePay Presale

SpacePay One Testnet Shows Real Progress

Talk is cheap in crypto. Lots of projects promise amazing technology that never materializes. SpacePay took a different approach by building first and talking later.

The SpacePay One Testnet launched recently on Base Sepolia and Ethereum Sepolia networks. This working version of their payment API demonstrates functional technology rather than theoretical concepts. The payment widget runs live, processes transactions, and handles multi-chain support.

Having a Minimum Viable Product before the presale even completes shows serious commitment to execution. Most crypto projects launch tokens based purely on whitepapers and promises. SpacePay built actual software that merchants and developers can test right now.

Developers can mess around with the testnet and tell SpacePay what works and what doesn’t before the full launch. Finding problems now beats discovering them later when real money’s on the line. Plus, people trust projects more when they can actually see functioning code.

SpacePay Recognition and Early Success

Understanding the $SPY Token Presale Opportunity

The $SPY token does more than just exist in your wallet hoping the price climbs. You get voting rights on what gets built next, monthly rewards for sticking around, and early access to features before everyone else sees them.

Revenue sharing creates ongoing value tied to platform performance. As SpacePay processes more merchant transactions, token holders receive their portion of the fees. This model connects returns directly to whether the business succeeds at solving real problems.

The presale pulled in over $1.4 million, which suggests people actually care about what SpacePay’s building. They made 34 billion tokens total. Public sale gets 20%, user rewards take 17%. The founders grabbed 5% for themselves – pretty reasonable when you see other crypto teams claiming 20% or more.

SpacePay hosts quarterly webinars where token holders can question the leadership team directly. This transparency helps build trust in a space where many projects disappear after raising funds.

Participating in the SpacePay Presale

Head to SpacePay’s official website if you want to participate in the presale. Tokens go for $0.003181 right now, though that price climbs with each new stage. You’ll need to connect MetaMask or WalletConnect to buy in.

The platform accepts ETH, BNB, USDT, USDC, and other major cryptocurrencies. People new to crypto can even use regular bank cards to participate. Choose your investment amount, verify the token allocation, then confirm through your connected wallet.

JOIN THE SPACEPAY ($SPY) PRESALE NOW

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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

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