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Cryptocurrency transactions surge in the Spanish real estate market

Cryptocurrency transactions surge in the Spanish real estate market

Bitget2024/11/18 10:08

According to Bitcoin.com, Spanish real estate tech company Enlace revealed that the number of real estate transactions using some form of cryptocurrency as a payment method has significantly increased this year. The company found that due to these payment methods having advantages such as quick fund arrival and savings compared to international bank transfers, the usage rate of this payment method grew by 15% in 2024.

This trend is particularly evident in major cities like Barcelona, Madrid, and Valencia, where cryptocurrency transactions account for 60% of all transactions in the industry. Enlace predicts that about 6% of real estate transactions will involve cryptocurrency payments in 2024.

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