Cryptocurrency Payment Method in Turkey
Buying a property in Turkey is a great way to invest, and now you can buy a property in Turkey with Bitcoin and exchangeable cryptocurrencies. In this way, you can use your crypto-assets normally would have to be used in online transactions. Paying with Bitcoin is easy, reliable, and fast without transaction exchange loss, and professional thanks to our chairman Bayram Tekçe, has managed the first property sale with Bitcoin in the world in 2017. The process works easy enough, all you have to do is pay crypto abroad and bring fiat legally into Turkey.
The process works in five easy steps;
First Step: Choose your dream property
Let’s find the property best suited for you. You can see our properties from here, or you can contact us, so we can help you find your dream property with our local experts.
Second Step: Negotiate and Agree on Payment Terms
After choosing your dream property, agree on a payment plan with the seller. You don't have to inform the seller about your payment method because we will convert your crypto money to fiat for the owner's payment.
Third Step: Send Crypto
Inform your agent that you want to pay in crypto and send your KYC (Know Your Customer) documents. After we approve your documents, you can send any accepted cryptocurrency to Trabzon Homes’ crypto accounts abroad to the international digital asset market.
Fourth Step: Exchanging
After receiving your cryptocurrencies in our accounts, you can convert it to fiat currency whenever you want. We convert your cryptocurrency abroad into fiat currency at the real market price with your permission for timing and exchange rate.
Fifth Step: Seller receives real money
Your money comes to Turkey through international banks to our accounts legally. USD swift comes in 2-3 days, EURO swift comes in 5-7 days. After paying money to the seller, you get the title deed.
If you buy a property with Bitcoin through Trabzon Homes;
• We demand a 3% exchange commission for this exchange service.
• We are converting the bitcoin to cash only for properties you buy through Trabzon Homes.
Which Cryptocurrencies are Accepted?
All cryptocurrencies exchangeable on the platforms are welcome. Generally, people pay 60% Bitcoin, 20% USDT/USDC, and 10 % Ethereum. These currencies have the most volume for property payments.
Q: Is it possible to buy a property in Turkey using Bitcoin as a payment method?
A: Yes. You can use crypto-payment methods to buy a property from Trabzon Homes with Bitcoin.
Q: Can I use Bitcoin for applying to Turkish Citizenship?
A: Yes. At Trabzon Homes, we are competent in obtaining citizenship through investment. We have provided Turkish citizenship with bitcoin many times before.
Q: Is it safe to buy real estate with Bitcoin?
A: Yes. After signing the "Real Estate Purchase Agreement with Bitcoin" together, you transfer your Bitcoin according to this agreement. Trabzon Homes does its best for all transactions to proceed transparently and informs you at every step.
Q: Are there any limitations on the types of real estate I can buy with BTC?
A: No. You can purchase any real estate (residential, commercial, and land) from Trabzon Homes with BTC.
Q: Do I have to pay an additional tax if I buy a property with BTC?
A: No. There is no additional tax when you purchase real estate with BTC. BTC is just a safe way to transfer money abroad.
Q: What is the length of BTC exchange time daily?
A: The limit of the amount of BTC that can change in one day is 1.000.000 TL. Although it varies according to the sale price of the real estate, this period lasts from one day to one week.
Q: What rates will be used in the BTC exchange process?
A: After transferring your BTC to the Trabzon Homes BTC account, we organize a video and you will see the rates simultaneously and you decide which rate to use.
Q: Can I pay other expenses related to the purchase of real estate with Bitcoin?
A: Yes. You can also pay all the remaining costs with BTC.
Q: Which cryptocurrencies can I use when buying a property?
A: You can use any cryptocurrencies when buying property from Trabzon Homes are Bitcoin, Bitcoin Cash, Bitcoin Gold, Ripple, Litecoin, Tether, Stellar, and Ethereum.
Q: Can I exchange cryptocurrency for fiat money without buying a property?
A: No. Unfortunately, we do not exchange BTC without buying property.
For other cryptocurrency-related questions, you may contact us at +90 462 341 01 01 or visit our office in Trabzon.