Get ready, crypto enthusiasts! Bin Faqeeh Real Estate Investment in Bahrain has just announced that they’re now accepting digital currency as payment for their properties. That’s right, you can now purchase your dream home with your favorite cryptocurrency!
Binance Pay, a crypto payment service offered on the Binance app, has been used to facilitate a cryptocurrency payment, as revealed by Ahmed Radhi, the company’s Senior Relationship Manager. To process the payment, the client will scan a QR code provided by Bin Faqeeh, before allocating the appropriate digital asset.
And the best part? This real estate giant doesn’t have any preferences when it comes to crypto. They’re open to all digital assets, which means you can pay with any crypto you want.
What About Other Similar Companies?
It’s not just Bin Faqeeh either, more and more real estate companies are jumping on the crypto bandwagon. Companies like DAMAC Properties in Dubai and Gafisa in Brazil are also accepting digital currency as payment.
In the midst of the current bear market, Bin Faqeeh has come out as a strong advocate of crypto. Despite the recent upturns that a few coins have experienced in the last few days, the market is still a long way from its peak in November 2021 – when Bitcoin climbed to nearly $70,000 and ETH skyrocketed to over $4,000! We may not have seen this sort of height since, but surely it can be an exciting time for all the crypto enthusiasts out there!