Friday, May 24, 2019

Partnership makes buying a home with cryptocurrency easier

Buying a home using cryptocurrency has been made easier through a new partnership.

Canadian-based cryptocurrency exchange National Digital Asset Exchange (NDAX) and modular homes builder CLiC Lifestyles will accept Bitcoin and other digital currencies to purchase CLiC homes in Calgary.

"NDAX is pleased to enable CLiC's clients to purchase their innovative homes with cryptocurrency," says Bilal Hammoud, Founder and CEO of NDAX. "By leveraging the power of blockchain technology, CLiC will have the ability to close deals in a timely and efficient manner, significantly reducing costs associated with having multiple intermediaries."

The homes come with several energy efficient features including rooftop solar and electric vehicle charging stations and the tie-up with NDAX means buyers could own one in minutes.

"We're thrilled to offer our clients the opportunity to purchase a home in under 30 minutes through a seamless transaction with NDAX, a regulated and secure exchange," says Tyler Milnthorp, Partner at CLiC. "Our goal is to revolutionize the way homes are designed and purchased by using cutting edge technology and building practices by providing a unique and innovative approach to every project."

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