In Argentina, the exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. Crypto Shop made an alliance with Click Aparts y WGW Developers so that homes can be bought with crypto.
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El exchange Crypto Shop made an agreement with Click Aparts y WGW Developers for users in Argentina to buy properties in cryptocurrencies.
“Any Click Aparts and WGW Developers property is available for sale against crypto.” explained Federico Goldberg, CEO of Crypto Shop , a Forbes Argentina .
He added: “Also, from now on new properties started by WGW or added by Click Aparts will be available to buy with crypto.”
“Cryptocurrencies are a dollarized asset where the transaction is cheap and fast and can be carried out 24 hours a day without the need to be tied to banking hours. This will undoubtedly grow over time, Ms Goldberg.
Golberg also told Forbes that he believes the entire real estate market an area or arena, online or offline, in which commercial dealings are conducted. will adapt to this new economy. “ Also, for investors who have been in crypto for a long a situation where you buy a cryptocurrency with the expectation of selling it at a higher price for profit later. time and made a profit, it’s a very good diversification.” destaca.
The CEO of the Crypto Shop also pointed out that the purchase of real estate can be made throughBitcoin, Ethereum a decentralized open-source blockchain with smart contracts functionality. and any stablecoin a cryptocurrency with extremely low volatility, sometimes used as a means of portfolio diversification. Examples include gold-backed cryptocurrency or fiat-pegged cryptocurrency. como Dai, Usdt, Usdc o Busd” . But it is not limited to them: “Although, anyway, if you have others we can do the swap service.”
How to buy homes with crypto
As reported by Forbes, the purchase of real estate is in the platform of the real estate company. There, customers inform Click Aparts who have an interest in a property and who, if they were to buy it, would do so in crypto.
Once that step is done, there are two options, the media outlet says. “ The customer can send their cryptocurrencies to the account an account is essentially a whose purpose is to track the financial activities of a specific asset/ that WGW or the seller of the property has on Crypto Store, so they can then make the conversion to dollars and transfer that money to their respective banks (or keep the cryptoassets, at WGW / seller’s discretion).” indicate about the first one. And they add: “The cost of conversion is borne by the buyer.”
The second option a contract giving the buyer the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price. is for the customer to open an account at Crypto Shop You can change change — a concept relevant to cryptocurrencies that use the UTXO model — is the number of coins sent back to a user after they use their unspent outputs to initiate a transaction. your cryptocurrencies to dollars on the platform a place to buy, sell and store cryptocurrency and send them to your bank account and then make the corresponding payment to WGW or to the seller of the property in that currency.
Housing with crypto
In many countries in Latin America, the method of buying real estate with crypto is already taking place. Last month we told that the inmobiliaria La house which operates in Colombia and Mexico I was accepting Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. for property investment. In October, we also counted that the real estate agency Candoli Properties from Argentina, which offers property buying/selling and leasing services, announced through its social media channels that it is accepting the token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. Shiba Inu (SHIB). That’s just counting some of the most recent news regarding the topic of crypto housing.
Sources: CryptoStore , Forbes Argentina , Beincrypto, archivo
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