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Vancouver-based startup rental platform liv.rent has given users the ability to pay their rent with Bitcoin as more companies start to accept cryptocurrency payments.
In this type of rental transaction, the tenant can pay their rent with the cryptocurrency and the landlord will receive the payment in CAD, the startup told Narcity.
"People are requesting more choices," said liv.rent's director of research development Fuad Arafa. "We're giving choices to the people."
The renter can pay with either Coinbase or any other cryptocurrency wallet. Both the tenant and the landlord need to be on the platform to take advantage of the crypto payment option.