SpacePay simplifies crypto payments with 0.5% fees, instant settlements, and protection against price volatility, making digital currency practical for everyday shopping.
While many cryptocurrencies focus on complicated features, SpacePay takes a different approach. This London-based fintech startup makes crypto payments practical with its 0.5% transaction fee, compatibility with over 325 crypto wallets, and instant settlement in local currency for merchants.
SpacePay has already raised over $1 million in its ongoing presale, with $SPY tokens currently priced at $0.003181.
The Power of 0.5% Transaction Fees
Credit card companies take a big chunk from merchants every day. Most businesses lose between 2.5% and 3.5% on every sale, which hurts their profits.
SpacePay changes this with its low 0.5% fee. Let’s look at what this means for a small restaurant making $40,000 monthly:
With regular payment processors (3% fee): $1,200 monthly costs With SpacePay (0.5% fee): $200 monthly costs Annual savings: $12,000These savings come from cutting out middlemen. Regular payment systems send your money through multiple companies before reaching the merchant days later. Each company takes a cut along the way.
For small businesses with tight margins, this fee reduction could be the difference between just surviving and actually growing. That extra money could go toward better equipment, more inventory, or hiring help.
Compatibility with Existing POS Systems
What makes SpacePay different is how easy it is to set up. Instead of forcing businesses to buy new equipment, their system works with Android payment terminals that merchants already have, through a simple software update.
This makes it easy for businesses to start accepting crypto. Staff don’t need much training since their system stays mostly the same. They just gained the ability to take payments from hundreds of crypto wallets.
For customers, paying is simple. Scan a QR code with your crypto wallet app, confirm the amount, and you’re done. No typing long wallet addresses or waiting around – just a quick payment that happens to use digital currency.
The system connects with over 325 different crypto wallets, so customers can use whatever they already have. This brings in more potential customers without extra work for the shop owner.
Visit SpacePay Presale
Instant Settlement and Volatility Protection
The biggest worry for merchants about accepting crypto is price changes. No shop wants to take Bitcoin worth $50 at lunch and find it’s worth $40 by dinner.
SpacePay solves this with technology. When someone pays with crypto, the merchant gets their money in regular currency right away. Sell something for $75, and you’ll get exactly $75 in your account—even if Bitcoin crashes minutes later.
This works because SpacePay locks in the exchange rate during the payment. If prices suddenly change during those few seconds, SpacePay handles the difference. The merchant just sees a normal payment in their account without any crypto drama.
This feature removes the main reason many businesses avoid crypto payments. Merchants can welcome crypto users without worrying about price swings affecting their income.
SpacePay Tokenomics
The $SPY token powers the SpacePay system. There will be 34 billion tokens total, with 20% for public presale, 18% each for partnerships, ecosystem building, and marketing, 17% for user rewards, 12% for reserves, 10% for development, and just 5% for the founding team.
The founders taking only 5% is refreshing compared to most crypto projects where teams often keep 20-30%. This shows they’re focused on building something lasting rather than making a quick profit.
Token holders receive monthly rewards, voting rights on platform decisions, early access to new features, and quarterly updates from the team. As more merchants start using SpacePay, they also share in platform revenue.
SpacePay Presale Details
The presale has already raised over $1 million, which shows people are interested in practical crypto payment solutions. The current token price is $0.003181.
After talking with market experts, SpacePay moved its token generation event to Q2 2025. This gives them time to secure better partnerships and launch when market conditions are more favorable.
As they put it: “A token launch is a once-in-a-lifetime event, and it’s crucial we get it right. We’d rather take more time now than rush the process.”
This makes sense for a project that’s been developing for four years. The extra time helps them prepare for a stronger launch in the competitive crypto market.
How to Join
The process for participating in the SpacePay presale is simple. Visit SpacePay’s website and connect your crypto wallet. They accept ETH, BNB, MATIC, AVAX, BASE, USDT, USDC, and even regular bank cards.
You can purchase as many tokens as you like. After you confirm the transaction, your tokens will be stored in your wallet until the presale ends.
JOIN THE SPACEPAY ($SPY) PRESALE NOW: Website, (X) Twitter, Telegram.
The post SpacePay’s Low Fees Are Winning Big with Merchants appeared first on Cryptonews.
