Most crypto projects promise big things but deliver very little. SpacePay takes a different approach by solving real problems that both merchants and crypto holders face every day.
This London-based startup enables businesses to accept cryptocurrency payments through their existing card machines and supports over 325 different wallets. The platform converts crypto to fiat currency instantly with just 0.5% transaction fees.
The startup has secured more than $1.2 million through its token sale, with $SPY tokens available at $0.003181 each.
This Undervalued Altcoin Solves Real Problems
The crypto payment space has been waiting for someone to get it right. Most projects either make things too complicated or ignore what merchants actually need. SpacePay takes a practical approach that feels refreshingly simple.
Instead of forcing businesses to replace their payment systems, SpacePay works with what they already have. That Android card reader sitting on the counter can handle crypto payments after a simple software update. No new equipment needed. No weeks of staff training required.
The timing looks perfect too. More people own crypto than ever before, but they still can’t spend it easily in most places. Meanwhile, businesses are looking for ways to save money on payment processing fees. SpacePay hits both problems at once.
What makes this particularly interesting is how SpacePay handles the volatility issue in crypto. When someone pays with crypto, merchants get their local currency immediately. A $50 meal stays exactly $50 in the restaurant’s account, even if Bitcoin crashes an hour later.
Why You Should Put Money Into $SPY Tokens Now
SpacePay’s $SPY token offers more than just speculation potential. Token holders get voting rights on platform decisions and new features. There’s also a revenue-sharing arrangement where holders earn money as the platform grows.
Monthly rewards go to active users, while early access to new features gives token holders advantages over regular users. The company hosts quarterly video calls where holders can talk directly with the leadership team about what’s coming next.
This setup creates genuine utility rather than empty promises. People hold $SPY tokens because they provide concrete benefits, not just because they hope someone else will pay more later.
The presale has brought in over $1.2 million so far, which funds continued development, merchant partnerships, and platform expansion. This money supports real work rather than just marketing hype.
Visit SpacePay Presale
How This Works for Merchants and Customers
Think about buying your usual morning coffee and just paying with the ETH sitting in your phone. A few years ago, that would’ve sounded completely crazy. SpacePay is making it real. You just scan a code, hit confirm, and walk out. The whole thing takes maybe ten seconds.
The system plays nice with hundreds of different crypto wallets. Someone might use MetaMask while their friend prefers Trust Wallet or something else entirely. SpacePay doesn’t care which app people choose. It just works.
The big names in crypto – Ethereum, Binance Coin, USDT – all work without any hiccups on the platform. Users don’t need to convert their preferred coins before buying something. They can spend whatever they’re already holding.
For merchants, the experience feels completely normal. They see a regular payment hitting their account in dollars, euros, or whatever currency they use. Behind the scenes, SpacePay handles all the crypto complexity.
Security Features That Matter
Security is where SpacePay shows its serious side. They encrypt everything that moves through their system and keep a constant eye on transactions as they happen. If something looks fishy, they catch it fast.
They don’t put everything on one network like most companies do. So when part of the system hits a snag, other parts jump in to keep things running smooth. It’s way more reliable than those old-school systems that crash when their main server goes down.
They also use smart contracts to handle a lot of the security work automatically. Less chance for human mistakes that way. Plus, they bring in outside experts regularly to poke around and find weak spots before the bad guys do.
When people are spending their hard-earned money, they need to know it’s safe. SpacePay gets that. All these layers of protection aren’t just tech buzzwords – they’re what make the difference between a system people trust and another crypto project that disappears overnight.
$SPY Tokenomics Breakdown
SpacePay created exactly 34 billion tokens and split them up in a way that supports long-term growth:
Public Sale (ICO): 20% allocated for presale participants User Rewards & Loyalty: 17% reserved for rewarding active community members Strategic Partnerships & Ecosystem: 18% set aside for business development Marketing & Community Building: 18% dedicated to growing the user base Reserve Fund: 12% held for future strategic initiatives Development: 10% funding platform improvements and new features Founders: 5% allocated to the founding teamThis distribution shows the project prioritizes community growth and platform development over founder enrichment. The relatively small founder allocation suggests they’re focused on building something sustainable rather than cashing out quickly.
Smart Economics That Benefits Everyone
Here’s where things get interesting for business owners. Most payment companies take 2% to 4% from every sale. SpacePay charges just 0.5%. A busy restaurant doing $40,000 monthly could save over $1,000 every month just by switching payment processors.
The savings work because SpacePay cuts out the middlemen. Regular credit card payments bounce between multiple companies, with everyone taking their cut. SpacePay creates a more direct route using blockchain technology. Fewer hands in the cookie jar means lower costs for everyone.
Customers don’t get hit with extra fees either. When someone pays with crypto, they only cover the standard network fees their blockchain requires. SpacePay doesn’t pile on additional charges.
Getting Started with the SpacePay Presale
Anyone wanting to participate in the $SPY token presale can visit SpacePay’s official website and connect their crypto wallet. The platform accepts ETH, BNB, MATIC, AVAX, BASE, USDT, USDC, or regular bank cards for those new to crypto.
At $0.003181 per token, buyers can select their desired amount and complete the purchase following the simple on-screen instructions.
The post Why This Undervalued Altcoin Is Worth Putting Money Into Right Now appeared first on Cryptonews.
