According to Bitcoin.com, Spanish real estate technology company Enlace has revealed a significant increase in the number of real estate transactions using some form of cryptocurrency as a payment method this year. The company found that due to the advantages of these payment methods, such as fast fund transfer compared to traditional home buying methods and more savings compared to international bank transfers, the usage rate of this payment method increased by 15% in 2024. This trend is particularly evident in major cities such as Barcelona, Madrid, and Valencia, where cryptocurrency trading accounts for 60% of all transactions in the industry. Enlace predicts that approximately 6% of real estate transactions will involve cryptocurrency payments by 2024.
