SpacePay is ready to redefine online payment solutions
Investors are now seeking low-capital assets with a focus on utility, especially with the rise of Bitcoin. As cryptocurrencies become more common, it will be necessary to have tools that allow people to use their assets in everyday life. Existing tools that enable this are complex, which is exactly why SpacePay appears as a simpler alternative.
This unique application takes a futuristic step towards simplifying cryptocurrency payments. Through integration with card machines, it will allow users to spend their cryptocurrencies as they wish, while merchants receive payments without worrying about market volatility.
However, is the current ecosystem strong enough to allow this use case to succeed?
What is SpacePay?
O official website defines SpacePay as a revolutionary software solution for cryptocurrency payments, a terminal-independent payment protocol that can be integrated into any card machine. This provides a familiarity for users when spending their unconventional assets, while traders have their interests protected against the volatile nature of the cryptocurrency market.
Furthermore, this approach offers two-sided benefits, ensuring that both traders and consumers have an easier experience when interacting with the crypto market.
What features make SpacePay a reliable payment solution?
SpacePay's decentralized payment system is free for users and offers standard benefits to secure transactions. We're talking about greater security and privacy while maintaining efficiency. This approach can prevent unauthorized access, allowing investors to have full control over their assets.
The only cost is the transaction fee, which is just 0.5%, much more affordable than the fees charged by cards today.
For payment companies, that is, the entities that own the card machines, there are no integration fees. This aspect can help SpacePay quickly increase its presence in the market.
In addition to cryptocurrency payments, SpacePay brings technological advantages that make it even more valuable than traditional payment methods:
- Instant settlement: Banks often delay transactions, and in today's crypto ecosystem, an overloaded network does the same. With SpacePay, innovations have been made to settle transactions immediately.
- Option to choose multiple cryptos: SpacePay does not limit users to a single cryptocurrency. Popular assets like USDT, Bitcoin, and Ethereum are supported, as well as meme coins like Dogecoin and Shiba Inu can also be used.
- Volatility Protection: The volatility of the crypto market is so high that the value of an asset can change in the middle of a transaction. In this case, traders are protected with adjustments to the amount of cryptocurrency paid based on the agreed upon dollar amount.
- Multi-Wallet Compatibility: SpacePay's main objective is to expand across multiple platforms, being compatible with more than 325 wallets.
SPY Token: Powering Futuristic Payment Solutions
At the heart of the SpacePay ecosystem is the SPY token, an ERC-20 asset with multiple use cases.
- It is instrumental in providing loyalty airdrops, aimed at those who actively use SpacePay services in their transactions.
- SpacePay implements a decentralized autonomous organization (DAO), with SPY holders as members. They will have voting power to decide the direction of the project.
- SPY also allows early access to special features before they are released to the general public.
Quarterly webinars for feedback and updates, revenue sharing, and charitable donations are also part of this unique ecosystem. Considering that SpacePay has already been awarded “New Payment Platform of the Year” by the CorporateLiveWire Global Awards, it is safe to say that many of the token's benefits are already in place.
Is SpacePay a good investment?
Since the crypto winter of 2022, investors' focus has shifted to meme coins, leaving utility cryptos in the background. However, with the recent rise of Bitcoin, crypto projects with robust use cases have a chance to attract attention again.
This factor makes SpacePay a good investment.
Other reasons include:
- A founding team made up of high-profile professionals with experience in the crypto industry.
- The success of the token's pre-sale so far indicates SPY's potential as a promising investment.
- More than US$750,000 has already been raised from private investors, increasing optimism around the token.
How to buy SpacePay?
Here are the steps to purchase SpacePay in the ongoing pre-sale:
- Visit the official website: presale.spacepay.co.uk.
- Access the presale widget and connect your wallet after selecting the blockchain.
- Enter the amount of ETH, USDT or USDC to exchange for SPY.
- Complete the transaction and claim the tokens after the pre-sale ends.
Final words
In summary, the SpacePay is a project that aims to provide transparent, efficient and fast payment solutions, at a time when the crypto market is recovering. This could have a positive impact on the token.
Furthermore, its pre-sale has already been successful, raising more than US$550,000 to date. It's likely that as time goes on, more people will become interested in what it has to offer, making it all the more reason to act fast and secure a position as a pioneer.
Finally, it is also interesting for people to follow the official SpacePay accounts on X and Telegram to find out more.
Disclaimer: This article is for informational purposes only, and does not constitute investment advice or an offer to invest. CriptoFácil is not responsible for any content, products or services mentioned in this article