The Spanish real estate market has seen a surge in cryptocurrency transactions
2024-11-18 09:58:55
Bitcoin com reports Spanish real estate real estate section technology company enlace revealdesk3cryptocurrencydesktopCrypto News
According to Bitcoin.com, Spanish real estate technology company Enlace has revealed that the number of real estate transactions using some form of cryptocurrency as a means of payment has increased significantly this year. The company found that the use of these payment methods increased by 15% in 2024 due to the advantages of quick access to funds compared to traditional home purchase methods and more economical compared to international bank transfers. This trend is particularly evident in major cities such as Barcelona, Madrid, and Valencia, where cryptocurrency transactions account for 60% of all transactions in the industry. Enlace expects about 6% of real estate transactions in 2024 to involve cryptocurrency payments.
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