You Can Now Buy Real Estate Properties Using Shiba Inu (SHIB).
Two innovative consumer real estate brands, Pacaso and Condos.com now accept Shiba Inu (SHIB) payment via BitPay.
BitPay, the world’s leading crypto payment service provider, recently announced that it has partnered with two innovative consumer real estate brands, Pacaso and Condos.com. The partnership will enable people to buy real estate with a few cryptocurrencies, including Shiba Inu (SHIB).
Per the announcement, buyers could use various cryptocurrencies to pay for their second home on Pacaso from October 20, 2022. The second Home is an extra residence, as at beaches, shores, or in the country, where one goes for vacations.
In contrast, Condos customers will be allowed to purchase new and pre-construction condos using the nascent asset class.
Founded by former Zillow executives, Pacaso is the leading real estate platform that helps its clients to buy and co-own a luxury second home at a more affordable price while removing the typical hassles of homeownership. Pacaso reached a $1 billion valuation and achieved a “unicorn” status within six months of launch. Pacaso customers can now co-own homes across the U.S. and Europe in 40 markets.
Condos.com is a global digital marketplace aiming to provide customers with a simple and seamless online condo-buying experience. Condos.com facilitates its clients with an innovative developer-direct online condo sale service, enabling them to search, reserve, and buy properties from their devices. Moreover, the platform offers various investment potential analysis tools to its customers to help them understand the real value of new and pre-construction condos.
Widespread Acceptance of Crypto Payments
The announcement comes as demand for crypto payments has increased over the past few months, prompting more real estate industry companies to integrate cryptos into their payment option. Recently, New York’s Magnum Real Estate allowed its clients to purchase a three-store retail condominium space in Manhattan’s Upper East Side for $29 million in Bitcoin.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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