Australia to hold world's first real estate auction using Bitcoin

posted 2 months ago
CEO of Binance, Changpeng Zhao aka CZ, recently announced “the world's first live property auction using cryptocurrency” will be held next month. The real estate auction will be on April 8th, 2019 and people can make payments in Bitcoin.

The auction will be conducted by James Pratt Auctions, for the luxurious property located at 1 Beech Lane, Casuarina, New South Wales, Australia. The property is on sale for 471 bitcoins (~$1.8M) Notably, the crypto price is cheaper than fiat price.
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