How to Buy a House with Cryptocurrency

Bitcoin took a wild ride in 2017, reaching a record high above $19,800 in December and then plummeting below $11,000 in the same month.

The cryptocurrency isn’t just a risky investment opportunity for the adventurous; it’s becoming an alternative way of paying for regular things. Over 100,000 merchants worldwide accept bitcoin, including Microsoft, Expedia and at least one Subway sandwich shop.

You can also buy a house with bitcoin, and it’s not as hard as you may think.

Cryptocurrency is the newest way to buy and sell, even when it comes to real estate property.

You’ve seen it on the news, the interwebs and some of your friends may have even invested in it. But what is bitcoin exactly? Long answer short, it’s a cryptocurrency which does away with a central bank and uses encryption techniques to regulate funds. No third party is involved, so buyers and sellers can make transactions directly.

Photo by: SomeMeans

Bitcoin is an internet-based, decentralized payment system. Each user has an anonymous address, and you can trace every bitcoin’s transaction history. It uses blockchain technology, a database that co-exists in several locations and is shared by the community.

Bitcoin took a wild ride in 2017, reaching a record high above $19,800 in December and then plummeting below $11,000 in the same month.

The cryptocurrency isn’t just a risky investment opportunity for the adventurous; it’s becoming an alternative way of paying for regular things. Over 100,000 merchants worldwide accept bitcoin, including Microsoft, Expedia and at least one Subway sandwich shop.

You can also buy a house with bitcoin, and it’s not as hard as you may think.

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About Us We are a worldwide Bitcoin Real Estate listings company.

Bitcoin-realestate.com provides direct public access to the most current and comprehensive listing of properties for sale using Bitcoin, worldwide.

With Bitcoin Real Estate, homeowners can now offer their homes privately or with their Agent / Real Estate company. You can list properties for sale in Bitcoin, to a worldwide audience.

Buy or Sell  a home, business, lot, farm, acreage, commercial, investment  or vacation property for Bitcoins, throughout the world.

Bitcoin Real Estate provides owners worldwide, a place to showcase your property to a different group of buyers. The Bitcoin community.

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$25 and $100 Airbnb gift cards for Bitcoin By: Helen Partz Airbnb is now listed on its rewards program called Fold Kickbacks. The program supports Bitcoin’s second layer Lightning Network (LN) allowing to buy gift cards for Bitcoin with 3% cashback.

Currently, Fold offers $25 or $100 gift cards on its website.

Launched in July 2019, the Fold…

By: Nick Chong Since its birth in 2009, Bitcoin has been on a remarkable run.

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Tanzeel Akhtar

Buying and selling property using cryptocurrency is less straightforward than was first assumed. The handful of mortgage lenders and realtors who were initially keen are now reluctant to accept crypto deposits due to money laundering fears. Until there is greater clarity concerning crypto regulation, due diligence procedures and taxation, potential participants are opting to wait on the sidelines.

Also read: 27% of England’s Male Millennials Say Bitcoin Better Investment Than Property

The year ahead promises an uncertain macroeconomic and political road for the real estate sector. In its 2019 outlook, the Urban Land Institute points to a complex, multi-layered series of overlapping trends with unpredictable results expected this year.

Featured Content – It seems like it was not too long ago that cryptocurrency was only used for shady dealings on the dark web. Today, the landscape is vibrant with new opportunities and a growing list of applicable crypto use cases. At the end of this current decade, it will be possible to buy a house with cryptocurrency; on top of that, it will be easy. This sounds hard to believe, but it is true.

If you are truly serious about buying a house with BTC, BNB, or XRP, then there are a few large factors to consider. First and foremost, you must find a seller who accepts crypto as payment.

As one can imagine, this is no easy task.

If you somehow find someone who can accommodate your needs, the next step is deciding if this seller is trustworthy.

Cryptocurrencies are fast becoming the payment method of choice for real estate buyers and sellers…. [+] Credit: Shutterstock

Cryptocurrency has created a frenzy all over the world. The 2017 crypto boom has both buyers and sellers frantically searching for ways they can capitalize on the explosion. Despite the fluctuations and critics warning of a crypto bubble that will soon burst, cryptocurrency (such as Bitcoin) continue to pop up in new industries.

And now, the real estate market is getting involved.

But what do you need to know before buying or selling a home with cryptocurrency?

Piper Moretti, CEO of The Crypto Realty Group and a licensed realtor, was involved in the first Bitcoin transaction in Southern California and has since completed several transactions.

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By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy

The chives growing in one crypto tycoon’s California mansion carry a hidden message.

Guo Hongcai, a beef salesman turned early bitcoin adopter from China’s Shanxi province, is one of many freshly minted millionaires funneling parts of their wealth out of the country by purchasing real estate abroad.

In April, Hongcai sold 500 bitcoin in the U.S. then used that money to buy a 100,000-square-foot mansion in Los Gatos, a 90-minute drive from San Francisco, California.

Bitcoin’s young investors put their digital currency to work in the physical world

Deep dives on cities, architecture, design, real estate, and urban planning.

In August 2014, a secret buyer contacted the realty arm of Martis Camp, a luxury real estate community in North Lake Tahoe in California, with an unorthodox deal: a purchase of land for 2,739 bitcoins. At the time, the cryptocurrency that recently turned the Brothers Winklevoss into a pair of bitcoin billionaires was worth about $580 per coin. Multiply that 2,739 times over, and the buyer paid $1.6 million for a 1.4-acre piece of land.

“Many of our buyers are in the tech sector and are early adopters of bitcoin.

From private islands to second citizenship, Bitcoin can help facilitate major purchases that will increase your freedom.

Just a few years ago, you couldn’t buy much of anything. In fact, the first-ever crypto purchase was made when one member of a Bitcoin forum offered another user 10,000 Bitcoin to order two Papa John’s pizzas to his home in Jacksonville, Florida.

Keep in mind that this was back in the days when Bitcoin was only worth about 8 cents, so 10,000 Bitcoin only amounted to about $60. Today, that same amount is worth over $60 million.

And, as Bitcoin’s value has increased, so have your options for spending it.

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