The world of cryptocurrency has made huge strides, but when it comes to real-world usage, it still feels like we’re only halfway there. Most people still shy away from using their tokens for actual purchases, mainly because the tools aren’t intuitive and the process feels like a maze.
This creates a barrier for adoption, and the whole idea of crypto as “digital money” ends up sounding better than it feels in practice.
This is exactly where SpacePay is stepping in. It aims to bridge the gap between everyday payments and blockchain-powered money.
What SpacePay Is All About
SpacePay is a London-based fintech startup that wants to make crypto payments as easy as tapping a card. They’ve built a smart, decentralized payment system that plugs directly into the existing hardware many businesses already use.
There’s no need for new gadgets or complicated onboarding processes. With SpacePay, merchants and users can make or receive payments using over 325 different crypto wallets, all within a few seconds.
How SpacePay Works Like Visa — But for Crypto
To understand why SpacePay could be called the “Visa of crypto,” you have to look at how it’s designed. It works across any Android-based point-of-sale terminal, meaning merchants don’t need to change their existing setup.
They simply install the SpacePay APK, and they’re ready to start accepting crypto, no extra hardware, no steep learning curve.
Transactions are as easy as scanning a QR code. A user opens their wallet, scans, pays, and that’s it. The process is seamless and designed to feel just like a traditional payment experience. That’s a big deal for mass adoption, because if something feels natural, more people will use it.
This isn’t just built for individuals. Merchants get a fully integrated solution too, one that protects them from volatility and speeds up their settlements. It is providing the type of service that Visa did for fiat currencies.
Pay in Crypto. Get settled in Cash.
Powered by SpacePay pic.twitter.com/YZiJy9naPg
— SpacePay (@SpacePayLtd) April 10, 2025
Instant Settlement and Volatility Protection for Everyone
Imagine receiving Bitcoin for a sale, and five minutes later, the price drops 5%. That’s enough to scare off any business owner. SpacePay solves this by instantly converting crypto payments into the merchant’s preferred fiat currency. The result is fast, risk-free settlement that gives businesses peace of mind.
The system also keeps things decentralized. Users aren’t handing over their private keys. They keep full control of their wallets, and that adds an extra layer of trust and privacy.
For merchants, the cost benefits are hard to ignore. Traditional payment providers charge fees anywhere between 1.5% and 3%. SpacePay charges just 0.5%. That kind of cost reduction adds up quickly, especially for high-volume businesses.
There are also no hidden charges. What you see is what you get, and this makes this ideal for businesses that want predictable, transparent pricing.
SPY Token: Fueling a Payment Revolution
The SPY token sits at the heart of the SpacePay ecosystem and provides real utility for both users and investors.
Holding SPY unlocks a range of benefits. Active users can earn monthly loyalty airdrops based on how often they use the platform. Those tokens go straight into your wallet as a reward for participation.
SPY also gives holders voting power. Every month, token holders can vote on proposals that influence how the platform evolves, from adding new features to steering development priorities. This gives the community a real voice in how SpacePay grows.
SPY holders can also enjoy early access to new tools and features before they’re released to the public. Think of it as being part of an insider club that gets a head start on innovation.
There’s a revenue-sharing model too. As SpacePay grows, a portion of the platform’s revenue will be distributed to token holders, creating a source of passive income.
Even the token distribution has been carefully thought out. Of the 34 billion total supply, 20% goes to the public presale, 17% is reserved for user rewards, and 18% each for marketing and ecosystem growth. The rest supports development, reserves, and the founding team, all structured to support long-term sustainability.
How to Join the Presale in Simple Steps
For anyone looking to be part of a crypto project that solves a real-world problem, this presale offers early access at a low price point.
To join, connect your MetaMask or another crypto wallet to the official SpacePay website. You can use ETH, BNB, MATIC, USDT, USDC, AVAX, or even a bank card to fund your purchase.
Once connected, just enter the amount you want to invest, approve the transaction, and confirm. Make sure you have enough in your wallet to cover both the token amount and the network fee.
JOIN THE SPACEPAY (SPY) PRESALE NOW
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Maisie is an experienced Crypto & Financial news journalist, having written for Moneycheck.com, Blockonomi.com, Computing.net and is Editor in Chief at Blockfresh.com
