Cryptocurrency investors have mastered the art of “knocking” their digital assets for potential future gains, but spending these same coins in daily purchases remains surprisingly difficult. Enter most local stores and mention Bitcoin as a payment method, and the typical response is a confused aspect of staff who do not have a system in place to accept digital currencies.
SpacePay aims to correct this disconnection with its payment platform, which includes transaction costs of 0.5%, compatibility with more than 325 crypto wallets and instant fiduciary currency regulations for merchants. The project has already obtained more than a million dollars during its current presale, the $ Spy token is currently available at $ 0.003181.
No new equipment required – just update your payment terminal
Most store owners avoid accepting cryptocurrency because it seems too complicated. The new equipment costs money, the training staff takes time and the technical configuration is overwhelming. SpacePay approaches these concerns with a practical solution.
Instead of asking merchants to invest in new equipment, SpacePay works with existing Android payment terminals via a simple software update. This approach means that companies can start accepting cryptographic payments without replacing the equipment they have and already understands.
The staff continue to use the same terminals they are used to, which reduces training time and potential errors. The payment process remains intuitive, but earns new capacities – such as accepting the payments of hundreds of cryptocurrency wallets.
For customers, paying with crypto becomes simple. They score a QR code with their favorite portfolio application, confirm the amount and finish the transaction in seconds. No complicated portfolio typist address or nervously awaiting confirmations. Experience reflects the simplicity of typing a credit card but uses digital currency instead.
https://twitter.com/spacepayltd/status/192271389676848381818
Protect merchants from the roller coaster of crypto prices
The greatest concern for any business that plans to accept cryptocurrencies is price volatility. No one wants to sell an item of $ 50 only to discover that payment is worth $ 40 per closing time because Bitcoin has taken a nose.
SpacePay takes up this challenge with an elegant solution: instantaneous regulations in local currency. When someone pays with cryptocurrency, the merchant immediately receives the exact amount of his regular currency. Sell something for $ 100, get $ 100 in your account precisely – that Bitcoin crashes or goes up a few minutes later.
This protection comes from technology that locks the exchange rate during the transaction window. If cryptographic markets fluctuate considerably during these few seconds, SpacePay absorbs the difference. The owner of the workshop simply sees a stable and predictable payment arriving in his account with no drama of the cryptography market.
This approach eliminates the largest obstacle which prevented a large adoption of merchants of digital currencies. Business owners do not need to become crypto traders or market observers – they simply receive the expected payment in their favorite currency.
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Transaction costs that make sense for small businesses
Credit processing costs have long been a burden for small businesses. Traditional payment processors generally charge between 2.5% and 3.5% on each transaction – costs that have a significant impact on beneficiary margins.
SpacePay disrupts this model with stable transaction costs of 0.5%. Consider a bookstore managed by the family, which treats $ 25,000 a month in sales. Traditional payment systems would cost them $ 750 at the standard rate of 3%, while SpacePay reduces this to only $ 125 per month. This creates $ 625 in monthly savings that can cover new stocks, store improvements or marketing efforts.
These savings come from the rationalized approach of SpacePay which removes unnecessary intermediaries. Traditional payment systems transport transactions through several companies before reaching the merchants a few days later.
Each entity of this chain takes its cut. It inflates the final costs. SpacePay creates a more direct path using Blockchain technology, which maintains security while reducing costs.
Small businesses with narrow beneficiary margins often see this reduction in costs as a crucial additional capital which allows expansion rather than simple survival. Additional funds could support the expansion of stocks, improvements in facilities or even additional staff.
The SpacePay ecosystem and the spy token $
At the heart of the SpacePay payment network is the Token Spy, which feeds the entire ecosystem. The distribution of tokens reflects a thoughtful approach to long -term sustainability.
According to the total offer of 34 billion tokens, 20% are allocated to public preventing, guaranteeing large community participation. Strategic partnerships and the development of ecosystems each receive 18%, while marketing still gets 18%.
User awards and loyalty programs represent 17%, with 10% supporting current development and 12% reserve. The founding team held only 5% – especially modest compared to numerous crypto projects where the founders demand 20 to 30%.
The holders of tokens receive several advantages designed to reward participation. Loyalty monthly Air parachts based on the activity of the platform create continuous incentives for holders. Governance rights allow the community to vote on important decisions on platforms. It establishes a democratic approach to development.
Perhaps the most important thing, a model of income sharing means that, as payment payments via SpacePay, part of the transaction costs, is up to chip holders. This creates an alignment between the success of the platform and the advantages of the token holder – when merchants and customers use SpacePay, all of the community.
How to participate in the space ecosystem
If you want to be part of SpacePay’s vision for daily cryptography payments, participation in the presale offers an entry point. The token Spy $ is currently available at $ 0.003181, although this price will probably increase as the presale is progressing at different stages.
Here’s how to join the SpacePay presale:
- Visit the official SpacePay website in Préalence.Spacepay.co.uk.
- Click the “Connect the wallet” button at the top of the page.
- Select your favorite wallet.
- Once connected, choose the number of spy token $ that you want to buy.
- Select your payment method – USDT, AVAX, ETH, BNB, Matic, Base or even Ordinary Bank Cards.
- Confirm the transaction in your wallet.
- Your tokens will remain safe in your connected wallet until the presale ends.
To stay up to date on project developments, follow the official telegram and Twitter channels of SpacePay for regular announcements.
Join the presale SpacePay ($ spy) now
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