Australian Auction House Lloyds Accepts Bitcoin For Real Estate Purchases

Australia-based Lloyds Auctions is accepting bitcoin for the following commercial and residential properties auctions that will finish on the 30th of October:

“The use of cryptocurrency as a payment method is becoming more commonly used for purchases as confidence surrounding cryptocurrency gets stronger. This opens up our platform to a whole new audience who otherwise might not have been interested in purchasing property,” said Lee Hames, Chief Operating Officer for Lloyds Auctioneers and Valuers.

“This is an online auction first and we are extremely excited to offer this new technology to our ever growing worldwide clientele base expanding our company into a new division in a way that no other auction house has done before,” continued Mr. Hames.

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