Taiwanese Affluent Silver International LLC has purchased a property in New York for no less than 15.3 million dollars and has paid in bitcoin. The seller is Ben Shaoul.
Shaoul is the founder of Magnum Real Estate Group. This company buys rental properties in the higher segment and turns them into apartments. In this case it is a home in the heart of Manhattan on East 89th Street, number 389.
From bitcoin to dollars
In order to carry out the transaction, both parties used payment solutions from Bitpay and Starr. According to one of the brokers involved, Eric Hedvat, the payment went perfectly.
This is not the first time Magnum has been selling properties for bitcoin. Last year they sold two huge apartments in the same building.
Bitcoin is more than welcome
Last year, Magnum entered into a contract with two other buyers in the residential apartment building using a bitcoin transfer. The first was a studio of 190 square meters with an asking price of $ 875,000, the other was a house with an area of 301 square meters with a price tag of $ 1.48 million.
More and more homes for bitcoin
The American broker magazine TheRealDeal, writes that bitcoin and other cryptocurrency are not normally accepted by sellers. That is because the value of the coins can still fluctuate enormously in value. “In the last 12 months alone, one Bitcoin ranged in value from just over $ 3,000 to over $ 12,000.”
However, the magazine must also recognize that cryptocurrency is increasingly being used to purchase real estate in New York. Last year, ManageGo, a pawnbroker based in Brooklyn, announced that she would accept cryptocurrency for payment.
Streeteasy, the American Funda for millionaires, has a house for sale for 29 million dollars. The seller says to accept bitcoin, ether and ripple as payment. For that you get a five-story mansion on East 76th Street on the Upper East Side back.
We found another mansion in New York that is for sale for bitcoin. This can be found on 40 Riverside Drive and is sold by Sotheby’s for 13 million dollars.
In the Netherlands, Tim Hanekamp sells his home in Eindhoven for 30 bitcoin.
Related posts:
Why do cryptocurrency Exist – Institutions 
Bitcoin and independent property rights 
NASDAQ on market manipulation: Everyone is now talking about regulating bitcoin and cryptocurrency 
Pilot Porsche on Ethereum blockchain to trace provenance materials 
Xfers from Singapore is going to use blockchain Zilliqa 
Make your own tokens with the Guarda wallet
