Which crypto can I use to buy real estate?
Asked 8 months ago
I want to buy my first flat in the city. My dad is a finance nerd and told me I can use crypto to pay for everything. Is this true? Which crypto can I use to buy real estate?
Wednesday, June 15, 2022
You can use Bitcoin or Ethereum to buy real estate, as long as both the buyer and seller are okay with using cryptocurrency for the transaction.
You'll need digital wallets to transfer funds in either case, and both parties need to have digital wallets and agree to use cryptocurrency as the payment method.
An intermediary could potentially exchange cryptocurrency for cash before it reaches the seller, but only with the seller's permission. In short, yes - you can use crypto to buy real estate. The key is getting everyone involved in the transaction on board with using cryptocurrency.
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