One of the largest real estate companies in Australia, LJ Hooker, is getting ready for a live luxury real estate auction for Bitcoin (BTC) and Binance Coin (BNB) with a live auctioneer.
According to Micky Media, which covered the story on March 18, the group is collaborating with Blockchain Company NuYen and James Pratt Auctions to facilitate online bidding for the five-bedroom house in New South Wales, Australia. The report reads in part:
“The auctioneer will call bids in cryptocurrency, with the price to be converted and displayed in AUD and USD on a live screen. Payments can be made in both bitcoin (BTC) and Binance coin (BNB).”
Greg Costello, the head of Nuyen who is also the owner of the property in question, said that apart from Bitcoin and Binance Coin (BnB), Australian Dollar will also be accepted.
The upcoming live auction has attracted interested buyers from China, Canada, Australia, and the U.S., according to the publication.
LJ Hooker was founded in 1928. The real estate group is one of the best-known and most trusted real estate brands in the world. With offices in China, New Zealand, Indonesia, Vanuatu, Papua New Guinea and, of course, Australia, the company manages one of the largest property portfolios in the region of around 160,000 properties worth 71 billion United States Dollars (USD).
The auction will be carried out on the 8th of April. And according to the publication, Costello, who is a crypto proponent, intends to keep as many BTC and BNB coins as he can.
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