SpacePay changes how we pay with crypto through its low 0.5% fees, instant cash settlements for merchants, and compatibility with over 325 wallets.
Try paying for coffee with Bitcoin, and the barista will look confused. Most people have crypto sitting in wallets but can’t spend it anywhere useful. Store owners avoid digital currencies because of wild price swings, complicated tech, and high fees.
SpacePay wants to fix this problem. This London startup keeps things simple: a tiny 0.5% transaction fee, support for over 325 crypto wallets, and merchants get paid in regular cash right away.
They’ve raised over $1 million during their presale, with $SPY tokens currently at $0.003181.
Low Transaction Fees That Keep Money in Merchants’ Pockets
Credit card companies take a big bite from every small business. Most shops lose 2.5% to 3.5% on every card sale. That adds up fast for struggling businesses.
SpacePay cuts this to just 0.5%. A local restaurant making $40,000 monthly hands over about $1,200 to payment processors. With SpacePay, they’d pay just $200. That’s an extra $1,000 staying in their pocket monthly.
How do they keep costs so low? SpacePay cuts out the middlemen. With regular cards, payments bounce between multiple companies before reaching the store. Each one takes a cut. SpacePay creates a direct route using blockchain, keeping everything secure without the extra fees.
Compatibility with Existing POS Systems
Most crypto payment systems fail because they force stores to buy expensive new equipment, which is not exactly tempting when you’re running on tight margins.
SpacePay works with Android payment terminals already on counters everywhere. With just a simple software update, that same old machine takes crypto alongside credit cards. There is no need for new equipment or retraining staff.
For shoppers, paying feels normal. Scan a QR code with your crypto app, tap confirm, and you’re done. No typing complicated addresses, no awkward waiting. Just a smooth payment that happens to use digital currency.
Tokenomics: The $SPY Token Ecosystem
The $SPY token powers the SpacePay system. The total supply is 34 billion tokens, distributed as follows:
20% goes to the public presale, 18% for partnerships, 18% for ecosystem development, 18% for marketing, 17% for user rewards, 12% held in reserve, 10% for development, and just 5% for the founding team.It’s worth noting that the team kept only 5% for themselves, while most crypto projects grab 20-30% for insiders.
Token holders get monthly bonus tokens, voting rights on platform decisions, early access to new features, a share of transaction fees, and quarterly update calls with the team.
After consulting with advisors, SpacePay recently moved its Token Generation Event to Q2 2025. They decided that waiting for better market conditions makes more sense than rushing.
Visit SpacePay Presale
Support for Multiple Wallets
Most payment platforms support only a few wallets, which forces customers to download apps they’ll never use again.
SpacePay works with over 325 different cryptocurrency wallets. Your existing wallet probably works with their system. Just scan, confirm, and go.
This solves a huge pain point. Nobody wants to manage multiple payment apps. With SpacePay, you stick with what you know – MetaMask, Trust Wallet, or whatever you prefer.
For shops, this means welcoming all crypto users without extra work.
Instant Settlement and Volatility Protection
The biggest fear for any shop owner is taking Bitcoin for a $50 sale only to find it’s worth $40 hours later because prices dropped.
SpacePay solves this cleverly. When someone pays with crypto, the merchant gets regular dollars, euros, or pounds – instantly. Sell something for $75, get exactly $75 in your account, no matter what happens to Bitcoin later.
They lock in the exchange rate during payment processing. If prices suddenly drop, SpacePay absorbs the difference. The merchant sees a normal payment without any of the crypto drama.
This removes the biggest obstacle to businesses accepting crypto. Merchants get exactly what they charge in the currency they need, with zero exposure to market swings.
How to Join the SpacePay Ecosystem
Getting involved with SpacePay is simple:
Visit presale.spacepay.co.uk and connect your wallet (MetaMask, WalletConnect, etc.). Choose how many tokens you want at the current $0.003181 price. Select your payment method. They accept ETH, BNB, MATIC, AVAX, USDT, and bank cards. Confirm the transaction. Your tokens stay in your connected wallet until the presale ends.The $SPY token presale allows people to join this payment network at the current price of $0.003181, though prices will likely increase as the presale continues. Those interested can learn more about the project by visiting the website, Twitter, and Telegram accounts.
JOIN THE SPACEPAY ($SPY) PRESALE NOW: Website, (X) Twitter, Telegram.
The post Top Crypto Presale to Buy? The Low-Fee Payment Platform Everyone’s Talking About appeared first on Cryptonews.