How to Buy a House with Crypto

Using cryptocurrency to buy and sell property is becoming increasingly common, and more and more people are joining the practice. It is possible that using cryptocurrency to buy a house may become more common in the future as the use of cryptocurrency becomes more widespread. However, it is still a relatively complex process at the moment, and there are a number of considerations to take into account. If you are into buying a house with crypto, this is what you need to be aware of.

How to Buy a House with Crypto

The use of cryptocurrency to purchase a house is relatively new and innovative, but there are a variety of ways to do it.

1: Convert Cryptocurrency into Fiat Money

The easiest method is to exchange the cryptocurrency for cash and then use it to buy a house.  There are numerous exchanges that sanction you to sell your cryptocurrency for cash, such as Coinbase, Kraken, and Binance. You will be required to create an account on the exchange and verify your identity before you can sell your cryptocurrency.

If you don’t want to go for this option, you may be able to find someone who is willing to buy your cryptocurrency directly from you, either in person or online. However, this option can be risky, and it is indispensable to take protections to safeguard yourself from fraud.

2: Direct Crypto Transfer

Consider finding a real estate agent or seller who is open to accepting cryptocurrency as payment for a house. This may require searching online or inquiring within cryptocurrency-focused communities.

3: Put Your Crypto to Work as Collateral

One way to use cryptocurrency to purchase a house is to use it as collateral to secure a loan. This can involve working with a lender who is willing to accept cryptocurrency as collateral and use the loan to fund the purchase of the house.

It's important to carefully research and compare loan options and terms before making a decision and to fully understand the risks and potential consequences of using cryptocurrency as collateral. You may also want to contemplate pursuing the assistance of a financial professional or attorney beforehand.

Has Anyone Bought a House with Cryptocurrency?

This is a legit question to ask when you are talking about digital assets. We came across several instances of real estate purchases using cryptocurrency during our research, including a notable case in 2020 in which a Miami penthouse was sold for $22.5 million in Bitcoin, making it the largest cryptocurrency real estate transaction on record.

This highlights the potential for using cryptocurrency as a viable payment method in the real estate industry.


Using cryptocurrency to purchase a house can be a multifaceted process and entails careful planning. You will be required to discover a vender who is agreeable to accept cryptocurrency as payment, understand any tax implications, use a reputable exchange to convert your cryptocurrency into fiat currency if necessary, and be prepared for potential price volatility. Other than that, you can consider options like direct crypto transfer or using your digital assets to work as collateral.

With all that said, it is of high interest to carefully consider all of these factors before proceeding with this type of transaction.

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