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Categories: Altcoins
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October 12, 2018

Got Millions in Crypto? Binance Coin (BNB) Can Now Be Used to Buy Real Estate

By Daily Hodl Staff

Real estate company Propy says it will now accept Binance Coin (BNB) for home purchases.

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Propy previously only accepted USD, Bitcoin and Ethereum.

With the addition of BNB, Binance, the most popular crypto exchange by volume, is looking to solidify its coin as a staple in the top 20 market cap. It recently passed NEO and Ethereum Classic and sits at 14th overall with a market capitalization of just over $1 billion.

Propy bills itself as the first global, multi-language real estate marketplace. It facilitates cross-border payments for blockchain-powered and secured real estate transactions around the world.

The user interface displays properties around the world in trading card format to give users the feel of how easy a transaction can be. Every step of the process is digitized and recorded on the blockchain, including the signing of the title report.

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Binance CEO Changpeng Zhao, who has promised to shamelessly shill companies that adopt BNB, reacted to the news with a few upbeat tweets.

Binance also recently backed a plan to bring BNB, Bitcoin and Ethereum to airports across the world.

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