Why SpacePay Is the Altcoin Making Bitcoin Spendable Everywhere
Main Idea
SpacePay is a platform aiming to solve the problem of Bitcoin and other cryptocurrencies being difficult to spend by integrating with existing card machines and supporting multiple wallets, offering low transaction fees and a user-friendly experience.
Key Points
1. SpacePay supports over 325 different wallets and has raised over $1.2 million in its presale, with $SPY tokens priced at $0.003181.
2. The platform allows merchants to accept crypto payments without changing their existing equipment, charging only 0.5% per transaction compared to traditional processors' 2% to 4%.
3. SpacePay's system is designed to be simple and familiar, working with popular cryptocurrencies like Ethereum, Binance Coin, and USDT.
4. The $SPY token is central to the platform, with 20% allocated to public presale, 17% for user rewards, and the rest for development, partnerships, and marketing.
5. SpacePay's approach addresses the growing demand for crypto payments and the need for businesses to reduce payment processing fees.
Description
The post Why SpacePay Is the Altcoin Making Bitcoin Spendable Everywhere appeared first on Coinpedia Fintech News 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 convert...
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