RATE Group | Now You Can Buy A Texas Mansion With Bitcoin
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Now You Can Buy A Texas Mansion With Bitcoin

27 Jul Now You Can Buy A Texas Mansion With Bitcoin

Posted at 08:15h in Bitcoin News by

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The sellers for a newly listed mansion in the city of Highland Park, Texas are open to taking Bitcoin for payment. The listing is just another example of a rapidly expanding cryptocurrency real estate market attracting buyers from across the world.

Many industries have been expressing interest in cryptocurrencies, but those in the real estate world are paying particularly close attention. Using digital currencies like Bitcoin in real estate transactions keeps growing in popularity even as the cryptocurrency market has hit rough waters in 2018.

Neeraj Agarwal of Coin Center, a cryptocurrency focused think tank, says digital currency are a good tool to carry out real estate transactions with since they are a way to “send large amounts of money pretty easily with relatively low fees and little interference from middlemen.”

A Booming Crypto Real Estate Market

Unsurprisingly, real estate transactions with cryptocurrencies are increasing in number. As of mid-July, a total of 20…

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