SpacePay Attracts $1.2M Presale Amid 0.5% Fee Crypto Payment Push

SpacePay, a London-based startup, has emerged as a promising player in the 2025 cryptocurrency landscape, offering a practical solution to the challenge of integrating crypto into everyday commerce. The company’s presale has attracted significant attention, having raised over $1.2 million to date [1]. Unlike many crypto projects that remain theoretical, SpacePay has developed a functional system that allows merchants to accept cryptocurrency payments via standard card terminals. The technology instantly converts digital assets into fiat, reducing volatility concerns for retailers and enabling seamless transactions [1].

The platform’s competitive 0.5% fee structure is a major draw for small businesses. Traditional payment processors typically charge between 2% and 4%, which can be a significant burden for enterprises with tight margins. For example, a business generating $25,000 in monthly revenue would save up to $875 in fees by switching to SpacePay [1]. This cost reduction is made possible by leveraging blockchain to eliminate intermediaries, a strategy that keeps more revenue within the business rather than being distributed across financial networks [1].

SpacePay also differentiates itself through its broad compatibility. The platform supports over 325 crypto wallets, including major options like MetaMask and Trust Wallet, solving a common issue where users are unable to pay due to incompatibility [1]. This flexibility extends to cryptocurrencies such as Bitcoin, Ethereum, Binance Coin, and USDT, ensuring that customers can use their preferred digital assets without needing to convert them first [1].

The market opportunity is substantial. With approximately 400 million crypto holders globally, many of whom lack practical ways to spend their assets outside of exchanges, SpacePay is positioned to bridge this gap [1]. The platform’s timing aligns with the growing preference for digital payments, especially among younger consumers who are more likely to use mobile apps and digital wallets as their primary transaction tools [1].

In terms of tokenomics, SpacePay has issued 34 billion $SPY tokens, with a balanced distribution model. Public participants currently hold 20%, while 17% is reserved for user rewards, 18% for strategic partnerships, 18% for marketing, and 10% for development [1]. The founders retain a modest 5%, and 12% is held in a reserve fund. This structure prioritizes community engagement and long-term sustainability, with token holders receiving a share of platform earnings. The team also hosts quarterly video calls to provide transparency, offering direct updates on progress and future plans [1].

For those interested in the $SPY presale, the process is straightforward: visit the official website, connect a compatible wallet, select a payment method (including ETH, BNB, MATIC, AVAX, USDT, USDC, or bank cards), and complete the transaction at the current price of $0.003181 per token [1].

Source: [1] A Closer Look at the Top 2025 Crypto Opportunity: SpacePay’s Presale in Key Numbers (https://cryptonews.com/press-releases/closer-look-top-2025-crypto-opportunity-spacepay-presale/)