The Limited Times

Now you can see non-English news...

Mercado Libre incorporated the sale of real estate with bitcoins

2021-05-01T08:43:50.490Z


The platform opened an exclusive section to pay with that cryptocurrency. He already has 75 properties on offer from seven real estate agencies.


Natalia Muscatelli

04/28/2021 1:29 PM

  • Clarín.com

  • Economy

Updated 04/28/2021 1:30 PM

After the boom generated by cryptocurrencies in recent times, the idea of ​​paying for real estate with virtual currencies

is

already

thriving in the real estate market,

where transactions are of high value.

Thus,

Mercado Libre launched the first 100% crypto section within the platform,

dedicated to the sale of real estate.

The offer includes apartments, houses, PH, lots and land, among others, both in the City of Buenos Aires, as in Greater Buenos Aires, Santa Fe and Córdoba.

With the idea of ​​spreading the news and adding new real estate companies that want to get involved in the initiative, the platform has just offered a free training on

blockchain technology and cryptocurrencies.

More than 300 real estate companies and other actors in the sector from all over the country participated.

The presentation was in charge of

Leo Elduayen

, entrepreneur and lawyer, founder of

Koibanx

, and VP of the Fundación Bitcoin Argentina, who explained the different existing cryptocurrencies, the operation of the blockchain technology behind and its application in the real estate sector.

"

It is an important opportunity for real estate companies to be able to occupy this space,

" said the manager at the end of the talk.

From the initiative, there are already

seven real estate companies that added their offer

to the new section and it is expected that more will be added as the days go by.

The process for the buyer is very simple: the preferred property is chosen, currently published in dollars, the realtor is contacted and it is notified that the

transaction will be made in bitcoins at the exchange of the day.

“We are always attentive to the changes that occur in the market.

Bitcoin offers multiple advantages for real estate operations, both for the buyer and for the seller.

Today we launch the crypto section within Mercado Libre Inmuebles and in a few hours

there are already 75 properties available

.

We expect many more as the days go by, because far from being a trend, we see that it is a trend that will consolidate over time ", said, after the webinar,

Juan Manuel Carretero

, commercial manager of Vehicles, Real Estate and Market Services Free.

According to

Gabriel Brodsky

, CEO of the Predial firm, the use of cryptocurrencies can begin to be a facilitator of real estate businesses

due to the advantages that its payment method presents, "he

said.

The money transfer is done immediately

, as well as the accreditation in the destination account.

"

There are no geographical limits

to make the transaction and the costs are much lower than if one had to do it through the traditional system," he explained.

Although the CEO of Predial admitted that

operations of this type are still very scarce,

his clients have already begun to show interest and

inquiries have grown.

According to projections made by Brandon Mintz, one of the promoters of bitcoin, its value will reach US $ 100,000 before the end of the year, a little more than double what it is currently trading.

NE

Look also

Mercado Libre, one of the 100 most influential companies in the world according to Time magazine

Microsoft beefed up Windows antivirus against cryptocurrency theft

Source: clarin

All business articles on 2021-05-01

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.