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Title: Why SpacePay Is the Altcoin Making Bitcoin Spendable Everywhere
The cryptocurrency landscape has always been riddled with difficulties when it comes to spending digital coins for everyday transactions. This is especially true for Bitcoin holders, who often find themselves struggling to make use of their holdings due to the limited acceptance by businesses. It seems that this narrative might finally be changing with the emergence of SpacePay, a fintech startup from London that has been gaining attention for its innovative approach to making cryptocurrency payments accessible to all.
At the heart of the issue lies a major problem – merchants unwilling to accept Bitcoin and other digital currencies due to concerns over price volatility. This uncertainty creates an environment where businesses are hesitant to engage with these new payment methods, thus limiting the widespread adoption of cryptocurrencies as a viable means of payment.
However, SpacePay is working tirelessly to address this exact issue by allowing merchants to accept cryptocurrency payments without having to worry about these concerns. By supporting over 325 different wallets and instantly converting the transaction into local currency, businesses can now focus on more pressing matters – like providing exceptional customer service.
What sets SpacePay apart from other crypto payment solutions lies in its commitment to simplicity and familiarity. The startup has managed to create an experience that feels as seamless as using Apple Pay or any standard mobile payment method. This ease of use could be the missing piece that finally makes cryptocurrency payments mainstream.
In a bold move, SpacePay’s founders have demonstrated their dedication to creating a sustainable project by retaining only 5% of the tokens for themselves. The remaining 95% is allocated across a wide range of purposes including business partnerships, development work, marketing efforts, and more.
Source: coinpedia.org
