SpacePay ($SPY) Set to Launch on 4.5M Devices in 9 Countries this Year

SpacePay ($SPY) Set to Launch on 4.5M Devices in 9 Countries this Year

SpacePay ($SPY) is one of the most eagerly awaited cryptocurrencies this year. 

The crypto coin is backed by a crypto payment solution that is set to launch on 4.5 million devices in nine countries.  In a sea of meme coins and DeFi coins, SpacePay pay stands out with its relevant real-world utility.

A Credible Crypto Project

SpacePay recently launched the presale of its native token $SPY after completing a private investment phase that raised $750K. The public presale has raised over $200K already, substantiating its high market relevance. 

The growing interest in the presale is underpinned by the credibility of the project. This is not another shit coin with a shelf life of two or three weeks. 

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$SPY is one of the most technically sound altcoins to enter the market in a long time, led by a team of experts. Founded by Maxwell Bunting, the project is set in London. The team doesn’t shy away from revealing their faces. Their accountability and confidence instils faith in investors, who are snapping up $SPY tokens in the presale phase. 

Once the token makes its way to exchanges, it is unlikely to be available for prices anywhere close to the heavily discounted presale price. SpacePay is committed to adhering to financial regulatory policies in its regions of operation. 

What Does SpacePay Do?

SpacePay makes crypto payments accessible to the masses. 

People from around the world are buying cryptocurrencies for their investment potential. This year, in particular, has seen a massive rebound in the market.

While cryptocurrencies are popular investments, they have yet to justify the term ‘currencies’. This is where SpacePay enters the picture. 

To understand the relevance of SpacePay, we should first understand why crypto payment solutions are not popular yet.

The most obvious challenge is crypto volatility. Cryptocurrencies are known for their rapid price fluctuations. That’s not what you typically expect from a currency. For merchants, it doesn’t make sense to accept cryptocurrencies for this reason. It could lead to high potential losses. 

SpacePay solves this challenge by allowing them to accept payouts in their traditional fiat currency.

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The next challenge is user experience. The hassles of crypto payments are not worth the large user base they unlock. That is until now. 

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With SpacePay, crypto payments are easy, however. Users just need to scan a code to start a SpacePay payment. It has focused on all aspects of usability to make crypto adoption easy for merchants, payment solutions, and shoppers. In fact, SpacePay integrates easily with standard card machines.

Extensive wallet compatibility is another attraction of the platform. 325 wallets, including popular ones like MetaMask, Trust Wallet, Coinbase Wallet, and Ledger Nano S, are supported by SpacePay. The crypto compatibility is also high, not limited to BTC, ETH, and SOL. 

With this broad approach, SpacePay aims to reach more merchants and shoppers. 

With SpacePay, crypto adoption is budget-friendly for merchants. Users and payment companies, on the other hand, don’t have to pay any fees to use the SpacePay app. 

An Award-winning Project with High Market Relevance

SpacePay was awarded the prestigious “New Payment Platform of the Year” award at the CorporateLiveWire Global Awards 2022/23 for its innovative solution.

Now in the private beta phase, the project’s grand entry into the market is much-awaited. Users from across nine countries will be able to use SpacePay in the initial stages. According to estimates, the market is as large as 4.5 million users this year.  

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SpacePay is developing a decentralised Near Field Communication (NFC) technology. It is expected to be a game-changer, underscoring the project’s market competence. 

On the launch of the SpacePay e-commerce API, a wide range of online shopping platforms will be able to integrate crypto payment solutions. 

Not many crypto projects can match the real-world utility and scope of SpacePay. That makes it one of the best altcoins to watch now.

$SPY Presale is Now Live

The much-awaited $SPY public presale is now live. This is how the token supply is distributed for the growth and development of the project. 

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The project has also introduced a revenue-sharing model that rewards token holders for their long-term commitment to the project. 

To join the presale, investors should connect their MetaMask (or other supported wallets) to the official presale page. The presale supports purchases in ETH, BNB, MATIC, USDT, USDC, AVAX, BASE or bank card.

Once you have clicked the buy button, select the amount of tokens you wish to buy, authorise the transactions, and follow the presale instructions. That’s it. Investors will be able to claim presale tokens before the first DEX listing of $SPY. 

Join SpacePay on Telegram for the latest updates about the project and the presale.

JOIN THE $SPY PRESALE

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This article is a paid publication and does not have journalistic/ editorial involvement of CoinGape. CoinGape does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein. Do your market research before taking any actions . The author or the publication does not hold any responsibility for your personal financial loss.



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