Are you buying a house with bitcoin? Gafisa, a Brazilian real estate company, accepts cryptocurrencies

Gafisa, one of Brazil’s leading real estate companies, now accepts cryptocurrency payments for real estate. Bitcoin is excellent for real estate development companies because it eliminates intermediarieswhich is common in the real estate development sector, according to one of Gafisa’s officials.

According to a press release, the company’s decision to accept bitcoin is based on the technology’s ability to provide new opportunities for innovation. in the financial industry. Cryptocurrency acceptance will take place through the local exchange foxbit, announced the company.

Cryptocurrencies and Real Estate: A Perfect Marriage

One of the key elements that led the company to consider this option is the growth of the cryptocurrency sector – said Guilherme Augusto Soares Benevides, General Manager of Gafisa.

“There is no way to do business without adopting crypto as a payment method, because in addition to giving the buyer an extra payment option, the use of currency promotes the best for our customers.” Benefits

Brazil has proven to be one of the strongest supporters due to the rapid growth in the use of digital currencies in the country. The country ranks sixth in value traded on the blockchain, according to a report from Chainalysis.

Cryptocurrencies have become so popular that they are now widely used, regardless of the fact that bitcoin is not accepted as a means of payment by Brazil’s central bank. The widespread nature of this activity is illustrated by the involvement of large listed companies.

Brazil is hungry for cryptocurrencies

“Bitcoin is the most valuable cryptocurrency by market value and technologically the largest currency in history”; “It is a currency that is gaining popularity every day, which is expanding its applications. – Advantage

Gafisa accepts a wealth of virtual currencies in addition to bitcoin, including Cardano ($ ADA), Ethereum ($ ETH), Ripple ($ XRP) and Solana ($ SOL). The company accepts a total of 16 different cryptocurrencies as payment.

The company is one of the country’s leading property developers, as every 130 Brazilians live in one of Gafisa’s properties. Buyers must submit documents indicating their intention to purchase real estate using cryptocurrencies. The company will then thoroughly review this form before giving the customer a wallet address.

Last week, bitcoin set its seventh weekly price drop, making it the longest stretch in recorded history. Despite the market’s optimistic outlook, however, the market ended the week on a pessimistic note, which caused considerable concern among investors.

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This article is offered to you in French by agreement with our partner
If you are English speaking, find the original article in English at Crypto Academy

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