Real-Life Examples of Crypto-Only Real Estate Transactions
Example 1: Buying a high-end apartment in Tallinn, Estonia with ETH
Consider a high-end apartment in Tallinn, Estonia, offered exclusively for purchase with cryptocurrency. Estonia is well-known for its advanced digital infrastructure and openness to blockchain technology. The seller, a tech-savvy investor, lists the property to attract international buyers holding major cryptocurrencies such as Bitcoin or Ethereum.
The buyer, based in Switzerland but fluent in crypto assets, agrees to pay in Ethereum. The transaction is facilitated via an escrow service that specializes in crypto real estate deals, ensuring compliance with AML/KYC regulations and safeguarding both parties. Once the Ethereum payment is confirmed on the blockchain, the ownership is transferred through Estonian notarial services, which have integrated digital signatures and blockchain records.
This approach significantly reduces transaction times and avoids traditional banking intermediaries, providing a borderless and transparent purchasing experience.
Consider a high-end apartment in Tallinn, Estonia, offered exclusively for purchase with cryptocurrency. Estonia is well-known for its advanced digital infrastructure and openness to blockchain technology. The seller, a tech-savvy investor, lists the property to attract international buyers holding major cryptocurrencies such as Bitcoin or Ethereum.
The buyer, based in Switzerland but fluent in crypto assets, agrees to pay in Ethereum. The transaction is facilitated via an escrow service that specializes in crypto real estate deals, ensuring compliance with AML/KYC regulations and safeguarding both parties. Once the Ethereum payment is confirmed on the blockchain, the ownership is transferred through Estonian notarial services, which have integrated digital signatures and blockchain records.
This approach significantly reduces transaction times and avoids traditional banking intermediaries, providing a borderless and transparent purchasing experience.
