A Guide for the Crypto Rich

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The acceptance of digital currencies such as bitcoin (BTC) as a payment method continues to grow worldwide. Bitcoin payment providers like BitPay Y BitcoinPay Server they are making it easy for anyone to buy a wide range of items, including real estate, with digital currency.

Read on to find out how you can buy a house with bitcoin.

The real estate market is (slowly) embracing bitcoin

The real estate market has realized the potential of using bitcoin and other digital currencies for payments.

For example, in August 2021, the United Wholesale Mortgage announced a plan to start accepting bitcoin payments. While the plan was later shelved due to high costs and regulatory pressure, this meant interest in cryptocurrency as a payment method in the real estate market.

This was not the first time that cryptocurrencies and the real estate industry had converged. In June 2017, possibly the first known sale of bitcoin from a family owned property in Texas took place. According to to the corridor, Kuper Sotheby’s International, the transaction was processed through BitPay, which converted the bitcoin into US dollars. BitPay has also handled other real estate transactions, including BTC 2,739 ($82 million today and $1.6 million back then) reduction of a property in Lake Tahoe in 2014.

Currently, numerous property listing sites allow buyers to make direct and indirect transactions using digital currency. Sites like Open Listings allow buyers to search for properties that accept crypto assets like bitcoin and Ethereum (ETH).

How to buy a house with bitcoin (crypto-to-crypto)

If you find a seller who is willing to accept BTC directly for your property, you can transfer the bitcoin equivalent of the price of the house and send it to the seller’s address once the sale has been agreed upon and all documents have been signed.

However, in crypto-to-crypto real estate deals, you will have to deal with the volatility of bitcoin and the trust between the transacting parties.

To make sure the payment goes smoothly, it’s best to use an escrow service so that all ownership documents are in your possession before you release the funds to the seller.

How to buy a house with bitcoin (crypto-to-fiat)

Alternatively, you can buy a house using bitcoin by converting your coins into fiat currency at the time of sale using a crypto payment provider.

Through services like BitPay, buyers and sellers can protect themselves from bitcoin price fluctuations as the digital currency is exchanged for US dollars as soon as the payment is made.

Most real estate companies that list properties use a crypto payment provider to accept crypto, but receive the funds in fiat currency.

Pros and cons of buying a house with bitcoin

Let’s take a look at the benefits and drawbacks of buying a house using bitcoin.


Acquire a more stable asset

The value of bitcoin can fluctuate wildly. Therefore, when you buy a house with bitcoin, you are exchanging a volatile asset for a less volatile asset, which may be the right move for specific types of investors. However, this may backfire if BTC goes back to the moon.

potential discount

If a seller is comfortable receiving bitcoins, they can offer you a discount. Offering discounts to people who pay in bitcoin has become quite common among businesses that accept bitcoin, especially those that actually have the digital currency on their balance sheets.


find a seller

Finding a home seller that accepts cryptocurrencies is not an easy task. While some real estate listing sites allow you to filter sellers by adding words like “bitcoin” to your search parameters, you often need to contact sellers for further confirmation.

Bitcoin volatility

Bitcoin’s fluctuating price makes it a risky payment option for sellers who may not receive the value they expected if the price drops sharply soon after a transaction. As a result, some sellers who accept digital currencies prefer to receive payments in stable coins.

If you have been lucky enough to have made a good amount of money in the crypto markets and want to diversify into other assets, spending bitcoin to buy property may be an option for you that does not require you to sell your BTC first.
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