One of the most famous crypto exchanges in the world – Binance – is launching a live property auction partnering with real estate auctioneer James Pratt Auctions (JPA). From now on, potential buyers can purchase real estate using Bitcoin or Binance Coin. The auction takes place on April 8.
The auction will sell a luxury, beach-front mansion in Casuarina, New South Wales. Its area accounts for 412 square meters, including 5 bedrooms, 3 bathrooms, a heated 25-meter pool. The house provides a full Google Home automation, solar system, and a key-less entry system.
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JPA is excited and grateful to be working on an upcoming world first @binanceexchange @jpa_group @nuyenexchange auction on the 8th April 2019. #worldfirsttechnology . . @ryrylee9 @gregcostello_nuyenblockchain @binanceexchange . @nuyenexchange @ljhwitheriff @nickpav98 @milliondollarlistingsydney . @juwai_news #elonmusk
The auction was confirmed by the CEO of Binance, Changpeng Zhao, using hashtag #useBNB. He thinks that such auction will help to integrate digital assets in society much faster.
— CZ Binance (@cz_binance) March 11, 2019
The CEO of JPA is very excited about this collaboration saying:
“This process gives the consumer another option to consider when purchasing real estate. For the vendor, it can help attract a whole new kind of buyer … There is a large audience internationally excited by this.”
Such purchase will not be the first in history; however, possible to buy real estate property in Binance Coin is something new. Using this method of payment will definitely cause BNB Coin to rise and adopt it massively in other spheres of life.
According to the CoinMarketCap, Binance Coin places the seventh place in Top 100 cryptocurrency with the market capitalization of more than $2 billion. The price at the time of writing is $15.28. Since the beginning of 2019, the rate of the coin is constantly growing, it has already increased by 2.5 times since January 1.
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