Now possible to pay for your condo in cryptocurrency

Now possible to pay for your condo in cryptocurrency

MISE À DAY

It will now be possible for buyers to pay in cryptocurrency, announced promoter Ray Junior Courtemanche for Skyblü urban condos located in Mirabel.

The contractor has wanted to be open to change. The service will be provided via the Dello platform, a Fintech Montreal company.

“More and more people are turning to cryptocurrency, promoter Ray Junior Courtemanche said in a press release. I was just waiting for there to be a simple and effective way to be able to accept it and today the solution exists and it is from Quebec! From there, I was sold on the idea.”

Thanks to Dello's service, it will be possible to exchange cryptocurrency for money.

“It's secure, it's decentralized, it means that there are fewer intermediaries who take fees, said the promoter. All walks of life, including real estate, would benefit from it. The potential is immense.”

Cryptocurrencies, known for their volatility, had been particularly popular at the start of the pandemic. However, they have experienced a significant decline, due to investors' reduced appetite for risk, according to an AFP article published last June.

Ray Junior Courtemanche is the businessman behind the Cité Mirabel project whose long-term value is estimated at more than $2 billion. He owns about forty companies.