The Age Of Cryptocurrency In The Real Estate Market

I believe that the advance of easy and convenient payment methods will develop cryptocurrency markets, and even international trade will be made with cryptocurrencies.

As it is under no institution’s control, cryptocurrency is used and embraced by millions today despite the hesitations of central administrations. Even with a $350 billion worth of volume all around the world, it still hasn’t received the acknowledgement of real money markets. I believe that the advance of easy and convenient payment methods will develop cryptocurrency markets, and even international trade will be made with cryptocurrencies. I first started selling real estate with Bitcoin in 2017. Then I received increasing demand as I said, “You can pay with BTC.” With the interest of the crypto media, who heard that I was selling the first real estate with crypto money in the world, I sell between 12-15 houses per month. I send a QR code with my account information to the person who wants to pay for the real estate. The Bitcoin rate is changing instantly like the stock market. In order to prevent this, we fix it to the Euro or USD exchange rate for 15 minutes on our platform. Hence, I actually receive my payment not in Bitcoin but in Euro or USD. So, what I do is to export real estate in exchange for foreign currency. In this transaction that we carry out on an international platform, it takes 1 or 2 days for the payment from European banks to arrive in our country. Since I do my business with major European corporations carrying out international transactions, the processes run smoothly and completely safe. Life is changing rapidly. And we lead this change in the real estate sector with PropTech.

Chairperson of Tekçe Overseas Executive Board Bayram Tekçe