The Real Deal New York

RentHop offers discount for advertisers paying in Bitcoin

December 16, 2013 11:24AM

From left: BitCoin,  RentHop's Lawrence Zhou and Lee Lin, and a screenshot of the RentHop app

From left: BitCoin, RentHop’s Lawrence Zhou and Lee Lin, and a screenshot of the RentHop app

Online apartment search marketplace RentHop will accept payment in Bitcoin from landlords and brokers advertising New York City rental apartments, the startup announced today. To encourage adoption of the cryptocurrency, those using Bitcoin will be given a steep discount – about 60 percent — for choosing Bitcoin over dollars.

“We have a lot of faith in the long-term potential of Bitcoin as both a payment platform and a store of value,” RentHop co-founder and chief technology officer Lawrence Zhou said in a release. “We would love to see a world where members of the real estate ecosystem accept [Bitcoin].”

The exchange rate is currently about $800 for 1 Bitcoin, according to online Bitcoin converter Preev, but a few weeks ago that figure was $1,200.

In May, a condominium seller at Trump Soho announced that he would only accept payment in Bitcoin.  – Hiten Samtani

  • dontpissmeoff

    This is who we give citizenship too?

  • richard H

    I heard the generosity of the cryptocurrency community is what got btc to 1200, any donations are gladly accepted :)

    btc: 1Pm1KWPpXterQetp6PPUzAb3c7BgsdPSpz

    ltc: LVMiZnHVijYmJ1b3zBZXJmGcWZ3yrrx6Ys