The use of cryptocurrency in the purchase of real estate has become increasingly popular.
United States Commercial Real Estate Marketplace MyEListing have integrated Together coinbase To accept Bitcoin Payment. The platform will allow users to buy US real estate property with both bitcoin and fiat. It launched on April 20 with Texas properties listed and is set to expand to select US states in June.
MyEListing will enable real estate agents to list US commercial and residential properties and accept crypto and cash payments from anywhere in the world. The platform supports firms such as NAI Global, Colliers and Cushman & Wakefield. Buyers will be able to complete purchases within one business day through the ASAP (Accelerated Sell and Buy) program. With the launch of the program, which is touted as a safe and efficient way to buy and sell properties, MyEListing hopes to revolutionize the way people invest in real estate. The platform is estimated to reduce transaction time by approximately 50 times on average.
“This initiative will drive innovation in the crypto and real estate industries,” They say Caleb Richter, CEO of MyEListing.com. “Real estate commerce needs to change. It is hard enough as it is to buy property in your local neighborhood, let alone in another state or country. With the ASAP program, anyone, no matter what language they speak Or be anywhere in the world, buy US real estate with cryptocurrency in as little as one business day.
The initiative is the result of a partnership between MyEListing, Coinbase Commerce, Millennial Title and Championship Title. MyEListing provides the listing and data platform, Coinbase Commerce converts buyers’ bitcoin into fiat for the seller, while Millennial Title and Championship Title oversee the title work.
MyEListing, with the help of #coinbase Commerce makes America the first place in the world to buy and sell #real estate Together #crypto,
https://t.co/sGbiX4nQnY pic.twitter.com/pwERj7LAqv
— MyEListing (@MyEListing) April 20, 2023
The use of bitcoin and other crypto payments in real estate and beyond
The use of cryptocurrency in the purchase of real estate has become increasingly popular. Earlier this year, Bin Fakih, a top real estate developer in Bahrain announced that its customers can pay for real estate using bitcoin and Shiba Inu. Also Title Partners of South Florida Inc., Cooper Sotheby’s International Realty and One Sotheby’s International Realty informed of To close real estate deals, get paid to use crypto.
Some companies outside of real estate that accept crypto payments include Teslapaypal, starbucksTwitch, Time Magazine and AMC.
Mercy Mutanya is a tech enthusiast, digital marketer, author and IT business management student. He loves to read, write, do crosswords and binge-watch his favorite TV series.
More Read
Bitcoin Crypto Related Post
