Post
Topic
Board Marketplace
Re: Crypto Real Estate
by
arwin100
on 24/01/2022, 22:46:12 UTC
Anyway, I haven't heard that it's possible to use crypto in UAE...especially in real estate, wow.
It's a thing in the country already. There are widely crypto use as payment as well aside from bitcoin and ethereum. People just need to choose escrow company to handle and okay for crypto transaction with the buyer/seller.

And you ideally need to be in Dubai / UAE if you want to invest in those properties and real estate. Using crypto for real estate is a good option but don't trust anyone if he ask for the real estate investment in dubai virtually online. You need to be on site to see for yourself that you are not being trapped for a fraud. Since crypto transactions are irreversible, you should be extra careful.
I saw some websites that are selling real estate for crypto across the world. We already have that option it seems.
Don't see this in my country and I'm skeptical about such offer especially when the deal happened online and no physical signing up of papers will happen. And mostly real estate industry accept fiat since this is what the traditional way for completing the deals. Anyways hopefully we can see this acceptance on Real estate scene became widespread since if crypto will really successfully inserted for sure this will create another level of demand and trust for bitcoin.