The post Why SpacePay Is The Top Altcoin to Invest in for Hot Gains This Summer appeared first on Coinpedia Fintech News
Everyone’s looking for the next big crypto opportunity this summer. Most projects talk a big game but deliver little substance. SpacePay does something different.
This London startup lets businesses accept crypto payments through their existing card machines, converts everything to stable fiat currency instantly, and works with 325+ different wallets.
They’ve pulled in over $1.2 million so far, and you can still grab $SPY tokens for $0.003181 each.
Why SpacePay Works When Others Don’t
Think about your local coffee shop or restaurant. The owner invested in a decent POS system that handles cards, tracks inventory, and manages sales. Now some crypto company wants them to buy another machine just for digital payments? That’s not realistic.
SpacePay figured this out. Their software works with Android POS terminals that businesses already own. No new hardware needed. Just a software update and boom – the shop can accept payments from hundreds of different crypto wallets.
The security side is pretty solid too. They use proper encryption and monitor transactions in real time. Nobody wants their payment system hacked, especially when dealing with irreversible crypto transactions. SpacePay seems to understand this concern.
https://twitter.com/SpacePayLtd/status/1946903822778966418
This Altcoin Has The Lowest Fee Structure Around
Let’s talk numbers for a minute. Credit card companies typically charge merchants 2.5% to 4% per transaction. That adds up fast for small businesses. If you’re running tight margins, those fees hurt.
SpacePay charges 0.5%. That’s it. For a $100 sale, the merchant pays 50 cents instead of $3 or $4. Over a year, that difference could mean keeping the lights on or closing down.
Other crypto payment solutions aren’t much better than traditional processors when it comes to fees. Some charge even more because they’re still figuring out their business model. SpacePay keeps it simple and affordable.
Smart Protection For Merchants
Crypto prices jump around like crazy. Bitcoin can drop 10% in an hour. Ethereum might spike 15% overnight. That volatility terrifies business owners who need predictable income to pay rent and employees.
SpacePay solves this problem in the most obvious way possible. When someone pays with crypto, the system immediately converts it to regular money. The merchant gets dollars, euros, or whatever currency they use. No price risk at all.
This isn’t rocket science, but it’s exactly what businesses need. They want the benefits of accepting crypto without gambling on price movements. SpacePay delivers that stability while keeping everything simple.
Understanding The Tokenomics Behind $SPY
Most crypto projects create tokens just because they think they need them. The $SPY token serves real purposes in the SpacePay system. Token holders get voting rights on platform decisions. They receive monthly loyalty rewards. Plus, they earn a share of the company’s revenue.
The total supply is capped at 34 billion tokens. Twenty percent goes to the public sale, which is happening now. The rest gets distributed for development, partnerships, marketing, and other business needs. Nothing too fancy, just a sensible allocation.
Revenue sharing is probably the most interesting part. As SpacePay processes more transactions, token holders get paid. It’s like owning a tiny piece of the business. That creates real incentive to hold tokens long-term instead of just trading them.
Breaking Down The Presale Structure
The token price goes up at each stage of the presale. Early buyers get better prices than people who wait. Right now, tokens cost $0.003181 each. That price will increase as more people join.
You can pay with major cryptocurrencies like Bitcoin, Ethereum, or Binance Coin. They also accept regular credit cards, which is handy if you don’t already own crypto. The whole process takes just a few minutes once you connect your wallet.
SpacePay already built their core product and they’re working on regulatory compliance. That’s more progress than most crypto projects show during their fundraising phase. The team seems focused on building something that actually works rather than just hyping their token.
Anyone can participate by visiting SpacePay’s official website and connecting a crypto wallet like MetaMask.
JOIN THE SPACEPAY ($SPY) PRESALE NOW