Introduction: SpacePay transforms cryptocurrency payments with a fully decentralized system, allowing the use of popular cryptocurrencies like BNB, BTC and more in everyday transactions.
If you are a cryptocurrency lover, you will surely want to use Bitcoin, Ethereum or any other cryptocurrency as easily and conveniently as cash.
Cryptocurrencies were created to solve the problem of cross-border money transfers. However, the reality is that it is still too complicated for most users and cannot currently be integrated with traditional payment systems. Most of us are still using cash, or wire transfers for daily transactions and only consider cryptocurrency as a profitable investment tool.
Start-up SpacePay was born to solve this problem and thereby turn cryptocurrency into a convenient payment method. Its decentralized payment system allows you to spend your crypto in convenience stores, completely bridging the gap between crypto assets and regular purchases.
SpacePay also supports a variety of cryptocurrencies such as Ethereum, Binance Coin, Matic, Avalanche, Base, Tether and USDC. Let's learn about this great solution through the following article.
SpacePay's decentralized approach sets it apart from traditional payment systems. By eliminating central authority control, the platform will increase transparency and reduce dependence on established financial institutions. This is completely consistent with the fundamentals of cryptocurrency and blockchain technology.
This way, users will have full control over their assets and achieve absolute privacy. The decentralized nature of SpacePay allows users to access it 24/7. You won't have to worry about bank hours or centralized approval processes.
One of SpacePay's strengths is its convenient user interface. The platform integrates with traditional payment systems, making it familiar to regular users.
Merchants can accept cryptocurrency payments without needing to buy additional equipment or get used to using a new system.
Meanwhile, for consumers, using SpacePay is so simple that you just need to perform the operation. This platform supports more than 325 different wallets and this is an extremely important factor if you want to apply cryptocurrency on a large scale.
You cannot talk about cryptocurrency and digital finance while ignoring security. SpacePay uses many strict measures to protect users' assets and information.
All transactions are secured on the blockchain, providing another layer of protection against fraud and market manipulation.
SpacePay hires professional auditors to ensure there are no errors in smart contracts. This action is intended to ensure the sustainability of the system and help establish credibility with its users.
Furthermore, SpacePay's commitment to security helps both merchants and consumers transact with confidence without worrying about threats from hackers.
SpacePay is much more economical than traditional payment methods. By bypassing the conventional banking network, the platform has significantly reduced transaction fees. This is a great benefit for those who frequently make cross-border transactions, where costs and exchange rates can be very high.
The exchange rate between cryptocurrency and cash is always competitive and minimizes the impact on prices. This feature is extremely important for traders, who are hesitant to use cryptocurrency due to its high volatility.
As for transaction fees, SpacePay also only collects a fixed 0.5% for every transaction, an extremely preferential level compared to the traditional banking system.
SpacePay always emphasizes the importance of community and always listens to users' opinions. The development of this platform is based on needs and suggestions from customers. This approach ensures SpacePay will evolve towards what users need.
Communication between users and company leaders is carried out quarterly. This not only helps project leaders listen to the voice of customers but is also an opportunity for them to update on the project's future development plan.
The environment is an issue of increasing concern around the world. SpacePay is at the forefront of this effort by using a more sustainable solution than the traditional banking system.
Cryptocurrency transactions conducted through highly efficient platforms like SpacePay have much lower CO2 emissions than traditional payment instruments. This is in line with environmental requirements from financial regulators.
SpacePay also regularly works proactively to expand its reach and strengthen its capabilities. The development of a commerce API allows for unlimited integration with online e-commerce platforms. This move will further boost the use of cryptocurrencies in everyday transactions.
Cooperation with financial institutions and payment processors helps SpacePay's presence in the world grow larger. The company also plans to list the SPY Token on the world's leading cryptocurrency exchanges, making it easier for investors and users to access.
Regulation is becoming a factor that cannot be ignored in the cryptocurrency space. The strong development of this field makes regulations become more stringent and complex. However, this is not a problem because SpacePay is a London-based company and operates completely in accordance with the law.
SpacePay's development team always puts regulatory compliance first, and this is what helps build trust with regulators and users.
SPY was created to increase user interaction with the platform and as a way for them to get special benefits from the project. SPY holders will get early access to new features, Chia profits with SpacePay, receive surprise monthly rewards or participate in voting on important platform decisions.
Because of these great potentials, demand for SPY has been booming in recent times. SPY's presale program has currently raised more than 260,000 USD from smart investors. If you intend to invest in SPY, now is an extremely suitable time because each Token is currently only priced at 0.00162 USD so anyone can own it.
According to Tokenomics, 20% of the total SPY supply will be sold in the presale. The project always emphasizes marketing activities, so 18% will be for strategic partners and another 18% will be used for promotion and community building. Loyal users will also receive rewards of up to 17% of the supply. Meanwhile, the remaining 12% is reserve fund, 10% is used for project development and 5% is for the development team.
Before organizing the presale, SpacePay's potential was also confirmed by raising $750,000 from institutional investors. Although still in beta, SpacePay will soon be deployed on 4.5 million devices in 9 European countries.
To better understand SpacePay, you can follow it on social media platforms or visit the official website to get the most accurate information!
SpacePay appears as a factor capable of completely changing the field of cryptocurrency payments. This platform combines blockchain technology with the easy-to-use features of traditional payment systems. This is a key factor that helps people use cryptocurrency more in everyday life.
When trust in the banking system is fading, SpacePay appears as a perfect alternative. The convenience and decentralization of cryptocurrency make it a great method for payments. SpacePay is making this scenario more and more likely thanks to its cutting-edge technology, optimized design, and brilliant marketing strategy.
It's still too early to determine how effective SpacePay and similar services will be. However, SpacePay's potential makes it a project worth following and trusting.
Disclaimer: This is a promotional article in the Press Release section, not investment advice. Investing in the crypto field is extremely risky, you can lose the entire investment amount. You need to research carefully before acting, we are not responsible for your investment decisions.
