Cryptocurrency enthusiasts are becoming increasingly interested in this recent pre-sale offering
In the ever-evolving world of FinTech, London-based startup SpacePay is making waves by revolutionising the way merchants accept digital currencies. The innovative platform allows businesses to accept cryptocurrencies through their existing card machines, eliminating the need for new hardware.
SpacePay operates across multiple networks to ensure reliability, even during maintenance. This robust infrastructure enables immediate settlement of transactions, a significant departure from traditional payment systems that can take days to process.
One of the key concerns for businesses when it comes to cryptocurrencies is the unpredictable nature of their value. SpacePay addresses this issue by providing a stable value for transactions, effectively eliminating the gambling aspect that often terrifies business owners.
Token holders of SpacePay's native token, $SPY, reap several benefits. They receive monthly rewards for staying active in the SpacePay community and have voting rights on platform decisions. A portion of transaction fees is distributed to token holders as the platform grows, a feature known as revenue sharing.
SpacePay's team holds regular video calls every three months, giving token holders the opportunity to ask questions directly. This open communication fosters a sense of community and transparency.
The presale of $SPY tokens has generated organic interest to the tune of $1.3 million so far. Out of the total 34 billion $SPY tokens, founders kept only 5% for themselves, reflecting their commitment to the community.
SpacePay supports over 325 wallets and converts crypto to fiat instantly, making it easy for merchants to receive regular money (dollars) when customers pay with Bitcoin or other major cryptocurrencies such as Ethereum, Binance Coin, and USDT.
The platform's security measures include encryption and real-time monitoring to ensure transactions are safe and secure. As governments worldwide write clear regulations for cryptocurrencies, potential barriers to adoption for businesses are being removed, making SpacePay an attractive option for merchants looking to embrace the future of payments.
As of the article, $SPY tokens are available at $0.003181. With a 0.5% fee structure, SpacePay's services could save businesses thousands annually compared to traditional payment processors. By simplifying cryptocurrency acceptance and enabling seamless crypto payments, SpacePay is set to redefine the payments landscape.
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