A luxury Apartment is Sold for Bitcoins and Ethereum in the UK

A luxury Apartment is Sold for Bitcoins and Ethereum in the UK

A new luxury apartment in Brighton, UK, is up for sale with Bitcoin or Ethereum. It is believed that such a proposal was made for the first time, at least in the south of England.

The seller of this apartment is the real estate bureau Brand Vaughan, which has previously sold two houses for cryptocurrency.

In other countries, apartments were also marketed for Bitcoins and at the same time tokenized, for example, in New York, a magnificent apartment in Manhattan was digitally presented on the Ethereum blockchain.

In 2018, an entire construction was offered for sale in Rome for Bitcoin.

Tokenization is a thing that many believe could revolutionize the real estate market. It is not just Bitcoin, Ethereum, and other altcoins that can be used as a payment method, blockchain can change the industry and make it easier to transfer ownership.

Returning to the apartment in Brighton, it looks like its owner has been familiar with cryptocurrencies for years since he chose the two most reliable cryptocurrencies Bitcoin and Ethereum. True, he is also ready to accept British pounds sterling as payment.

The apartment is located in Sussex Heights on the 20th floor and has been freshly renovated. It contains two bedrooms, a spa, a bar, all equipped with the latest technology.

“Cryptocurrencies are gaining force year by year. As we see more examples of digital currency adoption in the real world, it is only natural to make more real estate transactions with cryptocurrencies. We are proud to be the first to get involved in this process,” explained the owner of the real estate agency David Vaughan.