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Buying A House In Thailand Can Be Paid With Digital Coins

Thai property developer Ananda has announced a partnership with the Bitkub trading platform. It also accepts the payment of its apartments and residential projects by using bitcoin (BTC), Ether (ETH) and Teda (USDT) cryptocurrencies through the latter platform.

This is the first real estate developer in Thailand to launch this payment service. If you already own the three major cryptocurrencies in the international digital coin market, you can purchase apartments and residential properties developed and sold under the Ananda Properties brand. The cooperation also announced the formal entry of digital currency into Real estate transaction payments in Thailand, which is expected to inject new vitality into the Thailand real estate market.

Bitkub, an early licensed digital asset trading platform issued by the Bank of Thailand, now has more than 1 million registered users. At its peak, a record 10 billion baht was traded. It is clear that digital asset trading activity is not far away, or even getting closer. Ananda Real Estate, one of Thailand's leading real estate companies, is bullish on the prospects of the digital currency housing market.

This cooperation with Bitkub digital asset trading platform, the main digital coins accepted are Bitcoin (BTC), Ether (ETH) and Teda (USDT). Take Bitcoin, for example. At its peak, one bitcoin is worth 2,000,000 baht and can buy almost a single apartment in a decent location.

As for the transaction payment process, first of all, you need to prepare your personal Bitkub Wallet and transfer the personal digital coin into your account for house payment. Then scan the code to transfer the digital coins to Wallet Ananda Wallet. Upon receipt, Ananda will send back the information confirming the payment.