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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Why SpacePay is the Next Altcoin That Could Explode in Value, Presale Ongoing

ericdunne519
ericdunne519
4 months ago
4 mins read
Why SpacePay is the Next Altcoin That Could Explode in Value, Presale Ongoing

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The crypto landscape today is overwhelmed with projects – most offering little beyond empty promises and flashy marketing. Among these thousands of tokens, SpacePay emerges as something different. They solve real payment problems with practical technology.

For starters, merchants pay just 0.5% in transaction fees, the platform works with more than 325 different crypto wallets, and store owners get paid in their local currency instantly. No waiting around for crypto to convert.

The market seems to agree there’s something here – SpacePay has raised almost $1 million so far in its presale phase, with tokens currently selling for $0.003126 each.

Solving Real-World Payment Problems

While other crypto projects make grand but empty promises, SpacePay’s team tackled actual problems that merchants face every day. Payment processors have been gouging small businesses for decades with fees between 2.5% and 3.5%. 

SpacePay slashes these fees to just 0.5%, creating substantial savings for merchants. A neighborhood café doing $50,000 in monthly sales could save around $1,500 every single month by switching to SpacePay. That’s serious money that could fund new equipment, additional staff, or simply boost the bottom line.

Beyond the fee reduction, SpacePay works with existing Android-based payment terminals through a simple software update. There’s no need for merchants to invest in expensive new hardware or learn complicated systems.

Protection from Crypto’s Price Swings

The crypto market swings wildly without warning. Bitcoin can shed 10% of its value between breakfast and dinner. These dramatic fluctuations make store owners extremely hesitant about crypto payments. A restaurant that accepts $100 in Bitcoin for a family dinner might only have $85 when they check their wallet later that evening.

SpacePay solves this volatility problem with an innovative instant settlement system. When a customer pays with cryptocurrency, merchants receive the exact amount in their local currency right away. The system locks in the exchange rate during the transaction, so businesses get precisely what they are charged regardless of market movements.

Think of it as having a built-in currency exchange that works in real-time. A customer might pay using Bitcoin or Ethereum, but the shop owner gets dollars, euros, or whatever local currency they prefer.

The $SPY Token Ecosystem

At the heart of SpacePay sits the $SPY token, which powers the entire ecosystem and offers holders multiple benefits. More than just a digital asset, it functions like a membership card with growing privileges.

Token holders receive monthly loyalty airdrops based on platform activity, essentially earning passive income as the network expands. They also gain voting rights on important platform decisions, giving them a voice in SpacePay’s future development.

Perhaps most appealing is the revenue-sharing model, where token holders earn a portion of transaction fees generated across the platform. As more merchants adopt SpacePay and process payments, this revenue stream could potentially grow substantially.

From the total supply of 34 billion tokens, 20% is allocated to the public presale. Strategic partnerships and ecosystem development each receive 18%, while marketing gets another 18%. User rewards account for 17%, with 10% supporting ongoing development and 12% held in reserve. The founding team keeps just 5%.

Comparing SpacePay to Traditional Payment Systems

Your payment bounces from the card terminal to payment processors, then to card networks like Visa or Mastercard, through acquiring banks, issuing banks, and several other middlemen. Each stop along this journey takes a small bite of the transaction.

By the time money reaches the store owner’s account – often days later – these small bites have accumulated into a substantial chunk. This convoluted system hasn’t changed much since the 1970s.

SpacePay streamlines this process dramatically. Using blockchain technology, the platform creates a more direct path between customer and merchant. This approach not only reduces costs but also enables instant settlements.

Some might worry that cutting out middlemen means sacrificing security. Not with SpacePay. Their system actually offers stronger protection than traditional methods. Every payment gets permanently etched into the blockchain – a digital ledger impossible to tamper with once recorded.

Participate in the SpacePay Presale

How to Participate in the SpacePay Presale

For those interested in being part of SpacePay’s journey, joining the presale is easy. Visit SpacePay’s official website and connect your preferred cryptocurrency wallet – MetaMask, WalletConnect, or another compatible option.

SpacePay takes pretty much any payment method worth mentioning. The system accepts USDT, AVAX, Ethereum, BNB, MATIC, and BASE tokens. Even completely new users can join using regular bank cards – no prior crypto experience needed.

Right now tokens cost $0.003126 each. Buying them works like most presales – connect a wallet, choose how many tokens to grab, and follow the steps. As more investors pile in and the presale moves through its planned stages, that figure will climb.

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

Ad discliamer

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