You Can Pay Your Rent With Bitcoin For The First Time Ever Through This Canadian Startup

Just livin' in the future out here.

Contributor

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.

Liv.rent has apartments and homes for rent across Canada and the company works to automate every part of the renting process, from finding your apartment to signing the contract.

"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.

  • Britanny Burr was a Staff Writer at Narcity Canada, who drove growth within Narcity's Western coverage and readership. Having lived between her hometown, Canmore, Alberta and Calgary, Montreal, Vancouver, and NYC over the past 10 years, she is obsessed with finding the best local hot spots. She holds a B.A. in English and has over six years of professional writing experience as Head Writer and Editor for YUL.Buzz in Montreal, and Creative Copywriter at JAKT in NYC. News by day, poetry by night — the written word is Britanny's nearest and dearest.

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