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This week, MyEListing.com, a service for buying and selling real estate for cryptocurrency, was launched in the United States. The platform states that trades can be closed within one business day.
The trading platform is open to users withworldwide and is integrated with Coinbase Commerce, which allows merchants to accept payments in digital currencies. The platform will promote innovation in both the cryptocurrency and real estate sectors, said MyEListing.com CEO Caleb Richter.
“The entire real estate trading system mustchange. It is quite difficult to buy real estate, especially in another state or country. With this program, anyone, no matter what language they speak or what country they are in, can purchase real estate in the United States with cryptocurrency in just one business day,” he said.
The platform will be launched on Thursday, April 20,for now only for properties in Texas. Agents, brokers and real estate sellers in Texas can expose their properties to a global audience, regardless of location, language or currency, by submitting their properties to the program. The program will expand to other states this June.
Formerly cryptocurrency lending platform MoonMortgage announced the launch of a mortgage lending service secured by crypto assets. The team said that the service will be offered to all holders of liquid crypto assets, who will be able to use the borrowed funds to finance the purchase of real estate.