You might have heard people talking about SpacePay on X lately if you follow crypto conversations. This London-based fintech startup stands out with its practical approach to cryptocurrency payments, which simplifies crypto transactions to be as easy as tapping your debit card.
With their presale already raising over $1M and $SPY tokens currently priced at $0.003181, crypto investors are taking notice of this payment innovation.
Compatibility with Existing POS Systems
New tech usually means new hardware, new training, and new issues for business owners. SpacePay completely changes this traditional approach.
Instead of forcing merchants to buy fancy new equipment, SpacePay works with the Android-based card machines they already have. A simple software update is all it takes. The corner café, local boutiques, or even food trucks at the fair can start accepting crypto without skipping a beat.
And it’s not just limited to Bitcoin users. SpacePay plays nicely with over 325 different cryptocurrency wallets. Whether your customers are Ethereum enthusiasts or Solana supporters, they can pay with what they prefer.
Low Transaction Fees
Anyone who’s run a business knows the pain of payment processing fees. They’re like a small but persistent leak in your revenue bucket.
Traditional payment processors often charge anywhere from 2-3% per transaction. SpacePay, meanwhile, keeps it simple with a flat 0.5% fee. Think about your local restaurant. If they’re doing $5,000 in sales daily, they might be handing over $150 to payment processors every single day. With SpacePay, that drops to just $25.
What’s refreshing is that SpacePay hasn’t cut corners to offer these rates. The platform still prioritizes security and smooth transactions, just without the markup we’ve all become accustomed to.
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— SpacePay (@SpacePayLtd) March 25, 2025
Instant Settlement and Volatility Protection
Many merchants worry, ‘What if I accept crypto and the price crashes right after?'” This concern has kept countless merchants from embracing digital currencies.
SpacePay tackles this head-on with instant settlement to fiat currency. When a customer pays in crypto, the merchant gets dollars, euros, or pounds in their account immediately. The price of Bitcoin could plummet minutes later, and it wouldn’t affect the business one bit.
This happens seamlessly in the background – no waiting, no manual conversion, no stress. For shop owners, this means they can tap into the growing crypto market without becoming crypto traders themselves. They don’t need to watch price charts or worry about optimal times to convert.
Throughout the entire process, SpacePay employs bank-grade encryption and continuously monitors transactions in real-time. In a space often plagued by security concerns, this attention to safety builds credibility for the entire system.
$SPY Token and Community
At SpacePay’s core is the $SPY token – but unlike so many crypto projects, it’s not just another speculative asset. It’s the key to a community that’s actively shaping the future of payments.
Holding $SPY tokens gives you a voice in how the platform improves. Token holders can vote on platform decisions, which creates a genuinely democratic approach to development. The revenue-sharing model stands out as particularly innovative. Token holders receive a slice of SpacePay’s revenue, which creates an ecosystem where everyone’s incentives are aligned.
The community perks don’t stop there. Active users receive monthly loyalty airdrops, and holders get first dibs on new features before they roll out to everyone else. With quarterly webinars where the team shares updates and plans, SpacePay maintains transparency in an industry often criticized for lacking it.
With a total supply capped at 34 billion tokens, SpacePay has structured its distribution thoughtfully: 20% for the public presale, 17% for rewards and loyalty programs, and the rest divided between development, partnerships, marketing, and reserves.
How to Join
The team just pushed their Token Generation Event back to Q2 2025 – they’re not rushing things and want to make sure the market’s in good shape before they launch.
The SpacePay presale has already generated serious momentum, raking in over $1M. Join it by connecting a crypto wallet such as MetaMask or WalletConnect.
You can buy SPY tokens in presale using ETH, BNB, MATIC, AVAX, BASE, USDT, USDC, or even directly with your bank card if you’re new to crypto.
At the time of writing, tokens are priced at $0.003181 each, though this will likely increase as the presale progresses. After your purchase, follow SpacePay on social media to stay updated about development progress and token claiming information.
SpacePay definitely seems like one to watch if you care about where digital payments are headed. By solving real problems for both merchants and customers, they’re building something with staying power in an industry often dominated by hype cycles.
JOIN THE SPACEPAY ($SPY) PRESALE NOW