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Cryptocurrency News Articles
SpacePay Raises Over $1M During Presale Offering $SPY Tokens at $0.003181
Jun 12, 2025 at 04:02 am
Walk into any coffee shop and try paying with Bitcoin – you'll probably get a confused look from the barista. This awkward scene happens constantly because most businesses won't touch cryptocurrency with a ten-foot pole.
Walk into any coffee shop and try paying with Bitcoin – you’ll probably get a confused look from the barista. This awkward scene happens constantly because most businesses won’t touch cryptocurrency with a ten-foot pole. They’re scared of Bitcoin’s roller coaster prices that can swing 20% in a single day.
SpacePay decided to fix this mess with a payment system that instantly converts crypto to cash, charges just 0.5% in fees, and works with over 325 different wallets. The London startup has pulled in over $1.1 million during their presale, with $SPY tokens going for $0.003181 right now.
Why Bitcoin’s Price Swings Scare Away Merchants
Here’s what keeps shop owners awake at night: accepting a Bitcoin payment worth $100 at lunch, only to watch it drop to $85 by dinner because Elon tweeted something weird. Can you blame them for avoiding crypto altogether?
Bitcoin doesn’t care about your business hours. It can lose 15% of its value while you’re restocking shelves or helping customers. That’s not exactly the kind of uncertainty small business owners want to deal with when they’re already juggling rent, inventory, and payroll.
Most crypto payment systems make this problem worse by forcing merchants to hold onto the digital currency and figure out conversion themselves. It’s like asking a pizza shop owner to become a day trader just to accept payments. That’s just not realistic for busy entrepreneurs who barely have time to check their email.
SpacePay saw this obvious flaw and built something better. When someone pays with crypto, the business gets regular money in their account immediately. The Bitcoin price could crash five minutes later, and it wouldn’t matter one bit to the merchant.
Smart Integration That Actually Works
The folks at SpacePay clearly spent time talking to actual business owners instead of just crypto enthusiasts. Rather than asking merchants to buy fancy new equipment, they made their system work with the Android card readers already sitting on counters everywhere.
This approach makes perfect sense. Why force a busy restaurant to learn a completely new payment system when you can just upgrade what they already know how to use? A simple software update later, and that same terminal accepts crypto payments alongside credit cards.
Customers get an equally smooth experience. Pull out your phone, scan the QR code with whatever crypto app you prefer, tap confirm, and you’re done. No fumbling with long wallet addresses that look like random keyboard mashing. No standing around awkwardly while the payment crawls through the network.
SpacePay supports an absolutely ridiculous number of wallets – over 325 different options. Whether you’re team MetaMask, Trust Wallet, or something nobody’s heard of, they’ve got you covered. That’s smart thinking because nobody wants to download yet another app just to buy lunch.
Join SpacePay Presale Now
Finally, Fees That Don’t Hurt
Let’s talk about something that really grinds business owners’ gears: credit card processing fees. Most payment companies grab between 2.5% and 3.5% of every single transaction. That adds up fast, especially for small businesses already operating on razor-thin margins.
SpacePay charges 0.5%. That’s it. No hidden fees, no monthly minimums, no surprises on your statement. A boutique doing $40,000 in monthly sales would typically hand over $1,200 to payment processors. With SpacePay, that drops to $200. That’s an extra thousand bucks staying in the business every month.
Those savings happen because SpacePay cuts out all the middlemen who usually take their slice. Traditional payments bounce your money between banks, card networks, and processors before it finally reaches the merchant. Each stop costs money. SpacePay creates a more direct route using blockchain tech while keeping everything secure.
What Makes This Crypto Presale Worth Watching
The crypto world churns out new projects faster than a popcorn machine, but most solve problems that don’t actually exist. SpacePay takes the opposite approach by tackling something merchants and customers actually struggle with every day.
Their $SPY token isn’t just another speculative asset hoping to ride the next hype cycle. Token holders get to vote on platform decisions, receive monthly rewards based on how active the community is, and earn a slice of transaction fees as more businesses join the network.
The token allocation tells an interesting story too. Out of 34 billion total tokens, regular people can buy 20% during the presale while the founding team kept just 5% for themselves. Most crypto projects reserve 20-30% for founders, so this distribution shows they’re not just trying to get rich quick.
Getting Involved with SpacePay
People curious about SpacePay’s approach can check out their ongoing presale, though the process is designed to be simple
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Jun 14, 2025 at 02:20 pm
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