Here’s how cryptocurrency payments will transform real estate market

This platform facilitates real estate payments with cryptocurrencies, unlocking dozens of luxurious properties in Dubai for crypto users
This platform facilitates real estate payments with cryptocurrencies, unlocking dozens of luxurious properties in Dubai for crypto users

Presented by Directly.xyz

Directly.xyz is an innovative platform that enables purchasing real estate in Dubai using cryptocurrency by partnering directly with developers to offer low prices on high-quality properties.

The real estate market stands as one of the largest industries worldwide and is one of the deep rooted avenues for wealth-building.

Having reached an impressive value of $3.9 trillion in 2023, the global real estate market reached is projected $7.03 trillion by 2034. However, despite being a large-scale industry with a massive economic importance, the space is plagued with inefficient practices, such as charging high agent fees, that puts buyers at a disadvantage, drive up costs and add to the financial burden.

Source: Precedence Research

Source: Precedence Research

Beyond financial pressures, buyers must also navigate a lengthy transaction process that often involves complex paperwork, multiple approvals and intermediaries. Opportunities for buyers are further limited by restricted property options. Moreover, buyers are usually open to potential fraud risks, making the search for a secure and optimal real estate investment even more stressful and uncertain.

As for cryptocurrency payers, the process comes with its own challenges. Though cryptocurrency transactions are much faster compared to traditional wire payments, when it comes to such a heavily regulated industry like real estate, working through restrictions and technicality creates a barrier for even crypto-savvy buyers.

Buying luxury property with crypto

Directly.xyz, an online platform that allows buyers to purchase property directly from developers, introduces a new way to invest in real estate. By enabling cryptocurrency payments, the platform works to reshape how real estate transactions are conducted in Dubai.

Directly connects buyers with real estate developers. Source: Directly.xyz

Directly connects buyers with real estate developers. Source: Directly.xyz

The real estate lister offers a streamlined solution for crypto holders looking to convert digital assets into real estate. By partnering with trusted developers, Directly.xyz provides secure and transparent transactions with reduced costs and transaction times.

The platform completely eliminates agent fees, which can go as high as 5-7% and make a huge difference in areas where properties are expensive. Buyers can bypass this commission charged by agents and save a substantial amount by using Directly.xyz.

Apart from fees, transaction times are also significantly reduced thanks to minimized paperwork and intermediaries. With the support of a dedicated team, cryptocurrency users can complete purchases much quicker compared to traditional payment methods.

More property options

When selecting property, Directly.xyz works closely with developers to offer a wide range of high-quality properties and give buyers more options free from the bias of real estate agents. By working exclusively with trusted developers, the platform ensures security and transparency, thus significantly reducing fraud risks.

Directly.xyz prioritizes buyer interest by eliminating agent influence. Source: Directly.xyz

Directly.xyz prioritizes buyer interest by eliminating agent influence. Source: Directly.xyz

Directly.xyz simplifies buying a property with digital assets thanks to a close partnership with the Singapore-based investment firm V3V Ventures. Operating within Dubai’s clear regulatory framework for cryptocurrencies, the platform offers international cryptocurrency users a hassle-free process when investing in real estate in the luxurious city.

Expanding into new markets

Starting with Thailand and Bali, Directly.xyz is planning to expand internationally and offer buyers worldwide the opportunity to invest in real estate in these popular markets with cryptocurrency, directly from developers. The platform will also soon introduce its own token, which will serve as a cashback mechanism for property purchases, providing extra value to buyers.

“By allowing buyers to convert digital assets directly into real-world investments, we are creating new opportunities for crypto holders and expanding the utility of digital currencies,” Ilya Govyadko, CEO of Directly.xyz, explained. “We’re positioning ourselves as pioneers in the global integration of digital currencies into tangible assets.”

With real estate transactions becoming digital, Directly.xyz is aiming to simplify the process with cryptocurrencies. By offering a more efficient to invest in property, platforms like Directly.xyz may help make real estate investments faster and more accessible to all buyers worldwide.

Learn more about Directly.xyz

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