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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.
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The marketplace is open to users fromall over the world and is integrated with the Coinbase Commerce service, which allows merchants to accept payments in digital currencies. The platform will drive innovation in both cryptocurrencies and real estate, said MyEListing.com CEO Caleb Richter.
“The whole real estate system mustchange. It is quite difficult to buy property, 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 for cryptocurrency in just one business day,” he said.
The platform will be launched on Thursday, April 20,so far only for properties in Texas. Texas real estate agents, brokers and sellers can present their properties to a global audience, regardless of location, language or currency, by submitting their properties to the program. In June of this year, the program will expand to other states.
Previously cryptocurrency lending platform MoonMortgage has 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 for the purposes of financing the purchase of real estate.