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Investors have continued to accumulate SpacePay’s SPY token in the presale stage as they recognized its strength, the solution it offers, and how this could help the price spike in value in the short and long term.
SpacePay is not just another crypto that has come to add to the number but a solution ready to change how crypto is seen and used for everyday activities and businesses.
With its solution, businesses can start accepting cryptocurrency payments without fear of facing the common problems that have set cryptocurrency adoption backward.
If the SpacePay solution becomes very popular, its native SPY token could be a major force in the cryptocurrency space. This makes now the possibly best time to accumulate the token.
The SPY token is worth around $0.00176 at the current presale stage. However, it will continue to increase at different stages of the presale, which means that presale participants, especially those who accumulate the token early enough, will be able to earn some ROI on top of their holdings.
— SpacePay (@SPYToken11) August 28, 2024
SpacePay’s Solutions Could Increase the Demand for SPY Token
Here are some of SpacePay’s solutions that could increase the demand for its SPY token.
Protection against Price volatility
SpacePay protects its users against price volatility. It ensures that merchants get the money in their preferred fiat currency when customers pay with cryptocurrency.
This solution ensures that merchants receive an agreed-upon amount regardless of any price fluctuation that the crypto involved might have experienced during the transaction.
For example, if a customer sends 2 BTC worth $120,000, the business owner will receive the exact amount in their preferred fiat currency even if the price of BTC dips during and after the transaction.
This could increase the enthusiasm around accepting crypto payments. Many people do not accept crypto since the price fluctuates a lot, and they could run at a loss shortly after the transaction.
Compatibility with Existing Payment Systems
SpacePay works with more than 325 digital wallets, allowing users to choose their preferred wallet. It’s also compatible with existing point-of-sale (POS) payment machines.
This compatibility ensures that traditional payment users won’t have to learn new transaction systems, download apps, or buy devices to use SpacePay’s solution. They can simply carry out transactions using familiar methods or by scanning QR codes.
By offering easy access, SpacePay may encourage new users to adopt crypto as a payment option for their businesses.
No Transaction Delays
SpacePay ensures that there are no delays in transactions. All transactions are completed immediately without the processing delays often associated with traditional payment methods.
This makes the solution effective for businesses that require instant settlements.
Low Pricing
Another major advantage of this solution is its low fee structure. SpacePay only charges a 0.5% merchant fee and has no hidden or extra fees.
The solution is transparent about its pricing, allowing users to be sure of the amount the receiver will get when making payments.
Utility and Demand Could Drive SPY Token Growth
With the solutions described above, it’s evident that SpacePay is planning a major change for the crypto industry. This could be the beginning of a revolution that may accelerate cryptocurrency adoption.
SpacePay is also making an effort to comply with various crypto regulations in different countries to ensure that citizens of various countries enjoy what it has to offer.
With this solution in place, the demand for the SPY token could increase, and with its fixed supply, it could see a major spike in a short period.
SPY Token Functions
SPY token also has its own functions in the system. It includes:
- It’s used for payments and rewards.
- It’s used to pay loyalty airdrops to active participants using the SpacePay solution every month.
- SPY token holders will be involved in the governance process within the ecosystem, voting on major changes and modifications.
- Holders will have access to new features before they go public.
- Users can earn passive income through the platform’s revenue-sharing initiative.
How to Get SPY Tokens
Buying the token is easy. Interested participants should visit the website and click on the presale option to open the page.
From there, they will be able to connect their wallet, such as Metamask. Then, they will fill in the required information, after which they can exchange their crypto, such as ETH, BNB, MATIC, USDT, USDC, AVAX, BASE, or a bank card for SPY.
The SPY token will be available for claiming after the presale.
