PAYMENT OF MORTGAGES WITH CRYPTOCURRENCIES IS A FACT

Finance

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A new concept that reaches the digital financial market offers an innovative proposal regarding the acquisition of real estate. It could be considered the perfect fusion of the crypto economy between traditional banking and decentralized finance.

Indeed, this financial option intends that Bitcoin or cryptocurrencies serve as collateral or guarantee when purchasing a home, a fascinating aspect since many people are preparing to make cryptographic investments.

Crypto mortgages are a successful concept.

Mortgages with cryptocurrencies have become a business that has been promoted in 2021 by the Milo Company, which for 2022 is proposing an offer of around 10 million dollars for the purchase of homes, managing to digitize the mortgage loan process and whose plan is to be able to finalize the operations in a period not exceeding three weeks.