The use of the Bitcoin as a currency in commercial transaction is still very scarce in Spain. However this could soon se to change as Bit2me the leading Spanish Cryptocurrency platform is finalizing the launch of a portal that will provide services like buying of cars and luxury apartment using bitcoin as a payment method.  Bit2Me is expecting the portal to launch in the coming weeks, according to knowledgeable sources of the project have commented. After months of work, there are barely any loose fringes left so that the initiative starts rolling mostly linked to the legal part of it, since the objective of the new tool is also to give legal support to both parties in the sale of real estate or high-end vehicles.

Image Source:www.onlinemarketplaces.com

The project partly replicates the failed model of Inmolead, a Spanish real estate agency that only accepted bitcoin as a payment method and that operated from the end of 2017 until the summer of 2018. However, the objective of Bit2Me is to go one step further and also offer luxury vehicles in its new portal. Currently, with more regulation in some respects on the implications of sales with the Queen Cryptocurrency and with a greater diffusion of it among the Spanish population, its promoters hope to enjoy greater success.

Image Source: bit2me.com

In this sense, a look at some of the most popular classified ads sites in Spain is enough to realize that more and more owners are putting up a property for sale and accept bitcoin and other Cryptocurrencies as a payment method. This practice is more widespread among those who have had some contact with the world of ‘cryptos’ or are regular investors in this class of digital assets, according to analysts in the sector. A difference with respect to the Inmolead project is that the new portal plans to focus its business on luxury real estate, a sector in which a greater purchase and sale activity with Cryptocurrencies has already been proven, according to sources close to its developers. The same goes for high-end cars. In this specific segment, the Bit2Me platform has the experience of the international Bitcoin Real Estate website and several leading brand dealers, especially British.

Source: Cointelegraph


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