Bahrain real estate company starts accepting crypto payments

02/02/2023

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In the Kingdom of Bahrain, the spread of cryptocurrencies continues. Bin Faqeeh Real Estate Investment is going to allow its clients to use digital currency as payment. It is noteworthy that real estate can be purchased for any cryptocurrency of your choice – the company does not choose and does not mention preferred payment options,

Ahmed Radhi, senior public relations manager of the company, says that cryptocurrency payments are made through Binance Pay, a crypto payment service in the Binance application. After Bin Faqeeh provides the client with a special QR code, you can start scanning it.

The number of cryptocurrency-friendly real estate companies continues to grow rapidly. For example, the development company DAMAC Properties, based in Dubai, announced that the firm will accept bitcoins and Ethereum for payment. Another Brazilian real estate giant, Gafisa, has allowed investors to make purchases using BTC.

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