With the rise of Bitcoin, Ethereum, and other digital assets, more investors are asking: Can you buy a house with cryptocurrency? The short answer — yes, you can. However, while using crypto to buy real estate is technically possible, it’s still uncommon, and most homebuyers eventually convert their digital currency into U.S. dollars to complete the purchase.

This guide explains how buying a house with cryptocurrency works, what crypto mortgages are, and what to consider before using digital assets in real estate.

How Buying a Home With Cryptocurrency Works

Although cryptocurrencies have gained massive popularity, they haven’t yet revolutionized the real estate industry. Most homebuyers who plan to use crypto end up selling their digital assets for U.S. dollars before closing, mainly because sellers, lenders, and real estate agents still prefer traditional payments.

Occasionally, high-end properties in cities like Miami, Manhattan, and Austin make headlines for being sold using Bitcoin or Ethereum. These deals typically involve luxury buyers and sellers familiar with cryptocurrency’s volatility and tax implications.

While direct crypto real estate deals are rare, they highlight the growing connection between blockchain technology and the property market.

Blockchain’s Role in the Future of Real Estate

Beyond payment, blockchain technology has the potential to transform how homes are bought and sold. Startups like Propy have pioneered blockchain-powered transactions using NFTs (non-fungible tokens) to represent property ownership.

These NFT-based home sales record ownership securely on the blockchain, offering transparency and speed that traditional title systems can’t match. Buyers can see bids in real time, and ownership records remain public and tamper-proof.

As this technology matures, blockchain could reduce closing costs, streamline documentation, and improve transaction security — though mainstream adoption remains years away.

What Is a Crypto Mortgage?

A crypto mortgage allows borrowers to use their cryptocurrency as collateral instead of selling it for cash. This model has been tested by fintech lenders like Milo, which let borrowers pledge assets such as Bitcoin or Ethereum to secure a loan.

Here’s how a typical crypto mortgage works:

However, these loans carry substantial risks. If your crypto’s value drops below the loan amount, you’ll need to add more collateral or risk liquidation. Interest rates also tend to run higher than conventional mortgages, and very few lenders currently offer these products.

In most cases, traditional mortgages remain the safer, more affordable path for homebuyers.

Should You Use Cryptocurrency to Buy a Home?

While buying a house with cryptocurrency is technically possible, it remains far from mainstream. Most buyers still rely on U.S. dollars due to crypto’s price volatility, security concerns, and unclear regulation.

If you want to use your digital assets, consider selling a portion and using the proceeds for your down payment or closing costs. That approach avoids the risks of crypto-backed lending while still letting you leverage your investments.

Blockchain could eventually reshape the real estate industry by offering faster, more transparent transactions — but for now, traditional mortgages remain the most practical path for homebuyers.

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