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    Home » Binance participates in the world's first real estate auction using cryptocurrency

    Binance participates in the world's first real estate auction using cryptocurrency

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    By BlockchainJournal on March 13, 2019 News
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    The Binance Cryptocurrency Exchange has entered into partnerships with the James Pratt Auctions auction and the NuYen Exchange to launch the world's first real estate auction using cryptocurrencies.  

    At the auction, which will be held on April 8, buyers will be able to use Bitcoin (BTC) and Binance Coin (BNB) to buy real estate.

    Jetsons Real Estate is located in the city of Casuarina, located in the northeast of New South Wales in Australia. The name “Jetsons” originated from the futuristic style, which is aimed at bidders with a “quaint, but exquisite taste”.  

    Binance CEO Changpeng Zhao confirmed that the exchange does not own the house.

    User Rallyqt (@rallyqt) wrote on his Twitter:

    This house is futuristic! It is sold for 471 Bitcoin $ BTC (about 1.8 million US dollars) or, I suppose, ~ 200 thousand. Binance coin $ BNB. The price of crypto is much cheaper than the fiat price. Fine.

    And what do you think about this?  

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