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Reading: Why SpacePay Is the Altcoin Making Bitcoin Spendable Everywhere
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EdaFace Newsfeed > Latest News > Press Release > Why SpacePay Is the Altcoin Making Bitcoin Spendable Everywhere
Press Release

Why SpacePay Is the Altcoin Making Bitcoin Spendable Everywhere

vitalclick
Last updated: July 22, 2025 9:38 am
23 hours ago
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Contents
This Altcoin Solves Real Problems People HaveMaking Crypto Payments Work for EveryoneThe $SPY Token Creates Actual ValueWhy This Approach Actually Works

Most Bitcoin owners face the same problem every day. They have digital coins sitting in their wallets but can’t actually spend them anywhere useful. SpacePay is working to change this reality completely. 

This London-based fintech startup lets merchants accept crypto payments through their existing card machines, supporting over 325 different wallets. Everything gets instantly converted to local currency so businesses don’t worry about price swings. 

The platform has already raised over $1.2 million in its presale, with $SPY tokens currently priced at $0.003181.

This Altcoin Solves Real Problems People Have

SpacePay isn’t another speculative token promising magical returns. It’s built around solving a genuine issue that millions of crypto holders deal with daily. About 400 million people worldwide own cryptocurrency, but most places still won’t accept it as payment.

The problem isn’t that business owners hate digital money. They just can’t justify the risks and complications. Setting up crypto payments usually means buying expensive new equipment, learning complicated systems, and gambling on volatile prices. Most shop owners take one look at that list and decide it’s not worth the trouble.

SpacePay takes a completely different approach. SpacePay doesn’t ask businesses to rip out their payment systems and start over. It works with the equipment they’re already using. Those Android card readers sitting on counters everywhere? They can handle crypto payments after a simple software update. No new hardware needed. No weeks of staff training required.

When someone pays with crypto, SpacePay instantly converts it to regular money for the merchant. A $50 meal stays exactly $50 in the restaurant’s account, even if Bitcoin crashes an hour later. This removes the biggest fear that keeps businesses away from digital payments.

https://twitter.com/SpacePayLtd/status/1944775986718929052

Making Crypto Payments Work for Everyone

The beauty of SpacePay’s system is how normal it feels. Customers just grab their phone, scan a code, and walk out. It takes maybe ten seconds – about the same as using Apple Pay. Since the platform works with hundreds of wallet apps, people can keep using whatever they’ve got installed.

This flexibility matters more than you might think. Some folks prefer MetaMask while others use Trust Wallet or something completely different. SpacePay doesn’t care which app people choose. The system just works with all of them.

The platform handles all the popular cryptocurrencies too. Ethereum, Binance Coin, USDT, and several others work without any problems. Users don’t need to convert their preferred coins before buying something. They can spend whatever they’re already holding.

For merchants, the experience feels completely routine. They see a regular payment hitting their account in dollars, euros, or whatever currency they use. Behind the scenes, SpacePay handles all the technical complexity. The business owner never touches actual cryptocurrency.

The fees are reasonable too. SpacePay charges just 0.5% per transaction while most traditional payment processors take 2% to 4%. A busy restaurant doing $40,000 monthly could save over $1,000 just by switching payment systems. That’s real money that goes straight to the bottom line.

Visit SpacePay Presale

The $SPY Token Creates Actual Value

SpacePay runs on its native $SPY token, which offers holders several concrete benefits. Token owners get voting rights on platform decisions and new features. They receive monthly loyalty rewards based on their activity. Early access to new features gives them advantages over regular users.

The revenue-sharing model stands out as particularly interesting. As more businesses process payments through SpacePay, token holders earn a portion of those transaction fees. This connects token value directly to platform success rather than pure speculation.

SpacePay has created exactly 34 billion tokens total. Twenty percent goes to the public presale, while 17% rewards users for staying active. The rest funds development work, business partnerships, and marketing efforts. The founders kept just 5% for themselves, showing they’re focused on building something sustainable.

Every three months, the team hosts video calls where token holders can actually talk with the leadership team. The team actually tells people what’s happening – the good stuff, the problems, and what they’re planning next. It’s nice to see a crypto project that doesn’t just post mysterious updates and disappear.

Is SpacePay the Next Crypto to Explode? Insights into Its Ongoing Presale

Why This Approach Actually Works

Most crypto payment solutions fail because they try to be too clever. They build fancy new systems that nobody wants to learn. SpacePay succeeds by keeping things simple and familiar.

The timing looks perfect too. More people own crypto than ever before, but they still can’t spend it easily in most places. Meanwhile, businesses are looking for ways to save money on payment processing fees. SpacePay hits both problems at once.

The security aspects are solid without being overwhelming. The platform uses proper encryption and monitors transactions in real-time. Everything runs on distributed networks rather than single servers that could fail. It’s the kind of boring, responsible infrastructure that actually matters when handling people’s money.

People interested in the $SPY token presale can visit SpacePay’s official website and connect their crypto wallet. The platform accepts ETH, BNB, MATIC, AVAX, USDT, USDC, and regular bank cards for those new to crypto. 

With tokens currently priced at $0.003181, participants can choose their investment amount and complete the process through simple on-screen instructions.

JOIN THE SPACEPAY ($SPY) PRESALE NOW

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