Gone are the days where naysayers couldn’t fathom the idea of crypto going far in any sector. Digital currencies continue to take the world by surprise every time they enter a new industry.
In another excellent turn for crypto, a Turkish real estate agency called Antalya Homes has started accepting cryptocurrencies as a payment method for property sales. Antalya Homes has over 31 years of experience in the property game and is one of the leading real estate businesses in Turkey.
This move is not much of a surprise if one considers the fact that Turkey is one of the many countries with a positive stance towards cryptocurrencies. Recently, a bitcoin ATM was opened in the Ataturk Airport in Istanbul. As this is one of the busiest airports in the globe, it definitely emphasises just how big the demand for crypto is in the nation of Turkey.
Bitcoin, Ripple, Ethereum, Bitcoin Cash & More Accepted:
Many traditional financial experts are arguing that due to the many fluctuations with Bitcoin that this move by Antalya is not the most advantageous. However, the real estate agent is not solely accepting Bitcoin for property purchases. They are currently accepting Ripple (XRP), Ethereum (ETH), Bitcoin Cash (BCH), Bitcoin Gold (BTG), Litecoin (LTC), Tether (USDT) and Stellar (XLM).
Payment is calculated depending on the value of the chosen crypto at the time of purchase. Antalya claims to have already closed as many as nine real estate purchases via Bitcoin, and this seems to be the most reliable form of crypto payment so far, despite the volatility of the asset.
From the home buyer’s point of view, investing in cryptocurrencies through real estate is proving to be a very lucrative investment. Furthermore, in nations such as Turkey where the market is always on the up, it definitely is a reliable investment for high returns. It’s also a highly profitable investment for those seeking to put their crypto assets into real estate if they go with a reputable company such as the likes of Antalya Homes.
Chairman of Antalya Homes, Bayram Tekce stated in a recent press release:
“Payment with cryptocurrency enables a more reliable and faster transaction performance such as money transfer between bank accounts without any exchange loss…Antalya Homes offers the opportunity to own a house in Turkey starting from 30 thousand Euros (9 BTC).”
What’s next for the world of cryptocurrency? It’s undeniable that the adoption of digital assets is on a pathway to entering many sectors in the years to come.
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