SpacePay's 0.5% Fee Attracts $1M in Presale, Simplifies Crypto Payments

Generated by AI AgentCoin World
Saturday, Mar 29, 2025 6:31 am ET1min read

SpacePay, a payment platform, has been garnering significant attention in the crypto market. The platform charges

a mere 0.5% fee, supports over 325 crypto wallets, and instantly converts crypto to cash for store owners. This has led to a successful presale, with $1 million collected and $SPY tokens currently priced at $0.003153 each.

The primary challenge in the crypto market is

between owning crypto and using it for everyday transactions. Many merchants are hesitant to adopt crypto due to the complexity and volatility associated with it. SpacePay addresses this issue by integrating with existing Android payment terminals, requiring only a software update. This makes the process seamless for both merchants and customers, who can complete transactions by scanning a QR code with their crypto wallet.

One of the major concerns for merchants accepting crypto is the volatility of digital currencies. SpacePay mitigates this risk by offering instant currency conversion. When a customer completes a crypto payment, the merchant receives the exact amount in their local currency immediately, regardless of market fluctuations. This ensures that merchants are protected from the unpredictable nature of crypto markets.

SpacePay also stands out with its merchant-friendly fees. Traditional payment processing fees can be as high as 2.5-3.5%, significantly impacting small businesses. SpacePay's 0.5% fee structure is a game-changer, allowing businesses to retain more of their earnings. This is achieved by eliminating middlemen and using blockchain technology to create a more direct and cost-effective payment path.

The $SPY token is more than just a crypto coin; it serves as a membership card that becomes more valuable as SpacePay grows. Out of the 34 billion tokens, 20% are available during the public presale, while the founding team retains only 5%. Token holders enjoy several benefits, including monthly rewards based on platform activity, voting rights on major decisions, and a revenue-sharing model where a portion of transaction fees is distributed back to token holders. This thoughtful allocation indicates SpacePay's commitment to long-term growth rather than a quick profit scheme.

Participating in the SpacePay presale is straightforward. Users can visit the official website, connect their crypto wallet, and purchase $SPY tokens using various cryptocurrencies such as USDT, AVAX, ETH, BNB, MATIC, or BASE. The platform also accepts regular bank card payments, making it accessible to newcomers. After purchase, tokens are securely stored in the connected wallet until the presale concludes. For updates and community engagement, users can join SpacePay's Telegram and Twitter communities.

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