Property seller wants Bitcoin payment for Brighton flat

Buyers of a Brighton flat will have the option to pay in cryptocurrency, in what is believed to be a first for the city.

The owners of the Sussex Heights flat will accept either Bitcoin or Ethereum cryptocurrencies as payment.

The property has been valued at £525,000 but has been listed as offers above £500,000.

At the current exchange rate the price is equivalent to about 21.48 Bitcoin.

This listing by Brand Vaughan marks the first of it's kind to be accepting the Ethereum cryptocurrency.

With only two prior properties sold for cryptocurrency in the UK, Brand Vaughan hopes this to be the third.

The seller, a young tech entrepreneur has been involved with cryptocurrency for several years and sees the usage and price of cryptocurrency growing exponentially in coming years.

The seller will accept offers in GBP but has expressed a preference in accepting Ethereum or Bitcoin.

The apartment sits on the 20th floor of Sussex Heights.

It contains two bedrooms, a reception room with built-in bar and steam room spa bathroom.

All very fitting for a modern day cryptocurrency millionaire.

What have Brand Vaughan said?

David Vaughan, Director, said: “Cryptocurrency has been gaining momentum every year.

"As we start to see more examples of real world adoption of digital currencies, it is a natural progression to see more property sales accepting Bitcoin and we are proud to play an early role in that.

"We are very excited to be able to give a platform to sellers embracing this digital currency revolution.”

This property sale accepting the Ethereum cryptocurrency makes it a first of it's kind in the UK.

What other houses have been bought with bitcoin?

A small property firm sold two homes using bitcoin in 2017.

Consisting of an estate agency and new homes development company, Hertfordshire based Go Holdings sold a four-bed detached home in Colchester worth £350,000.

The other property to have sold was a £595,000 four-bed townhouse in Hertfordshire.

PS. In our blog pages we got hidden links where you can earn cryptocurrency for free.

Source: theargus.co.uk

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