The New Era of Real Estate: Buying a House with Cryptocurrency in Spain
With the partnership between Binance Pay and Spain Homes, you can now purchase real estate in Spain using cryptocurrency, making it an accessible opportunity for Italian investors as well.
Adoption of Cryptocurrencies for Everyday Transactions
Cryptocurrencies like Bitcoin and Ethereum are increasingly being used for everyday purchases and higher value expenses. A study by Binance has shown that 54% of users in Italy have integrated cryptocurrencies into their daily purchases, indicating a shift in the perception of crypto as a practical tool.
- 17% of people make daily transactions with cryptocurrencies at least once a month
- 10% make daily transactions with cryptocurrencies weekly
Spain’s Attractiveness for Italian Buyers
Italy has ranked as the third main buyer of properties in Spain, accounting for 5.22% of total purchases. This confirms Spain as an ideal destination for both permanent residence and holidays, thanks to its reputation as a safe, productive, and dynamic real estate market in Europe.
Binance Pay: A Secure Payment System
Binance Pay provides a globally recognized and easy-to-use payment system and wallet that ensures secure and transparent transactions through blockchain technology, eliminating additional fees, intermediaries, and geographical barriers.
Safe and Compliant Real Estate Transactions
The process of buying properties in Spain through Spain Homes with the help of Binance Pay is simple, reliable, advantageous, and fully compliant with local laws. It involves a detailed discussion of preferences, KYC verification process, anti-money laundering checks, power of attorney grant, transfer of funds to a restricted account, legal procedures handled by Spain Homes’ legal partner, and finalizing payments during the meeting with the notary.
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