RentHop offers discount for advertisers paying in Bitcoin

TRD New York /
Dec.December 16, 2013 11:24 AM

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

Related Articles


Miami WeWork building expected to sell in massive cryptocurrency auction

Will digital currency open the door to more black market buyers?

Blockchain’s real estate break

The crypto deals real estate is watching

DOJ launches criminal probe into cryptocurrency manipulation

National Cheat Sheet: San Francisco’s luxury homes are selling faster than those in any other US market … & more

National Cheat Sheet: Chinese slashed investment in US real estate by more than half in 2017 … & more

UES condos may be first purchases using Bitcoin in NYC