BOND New York Real Estate Announces it Will Accept Bitcoins as Payment

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NEW YORK, Jan. 2, 2014 (GLOBE NEWSWIRE) -- BOND New York,, a Manhattan-based real estate brokerage firm specializing in residential rentals and sales as well as commercial leasing, has announced it will now accept Bitcoin as payment for real estate transactions.

BOND New York is believed to be the first real estate brokerage to accept this fairly new form of currency.

Bitcoin Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet.

Bitcoin is a secure and inexpensive way to handle payments. Client benefits of using Bitcoin for NYC real estate transactions include:

  • Mobile payments made easy – no sign up, swiping or PIN needed.
  • Security – Transactions are secured by military-grade cryptography. Nobody can charge anyone or make a payment on others' behalf.
  • Works anywhere, anytime
  • Fast international payments
  • Zero or Low fees
  • Identity protection

"Right now a bitcoin is worth about 750 USD. The currency is earned by computers solving complex mathematic equations first; so far about half of 21 million bitcoins that will ever be created have been created, and earned," explains Noah Freedman, co-founder, BOND New York. "Bitcoin is a convenient and inexpensive way for our customers to transfer money so we see it as a win-win situation which will impact the real estate industry."

"We are accepting Bitcoin as a service to our customers who prefer to use the digital currency as a matter of convenience. We are always looking for ways to serve our customers through technological advancement," expounds BOND agent, Brian Dusseau. "In addition we have agents who would like to be paid in bitcoins if their customer pays us in bitcoins."

About BOND New York Since its inception in 2000, Bond New York has evolved into a sales force of over 500 personnel in seven state-of-the-art Manhattan offices making it Manhattan's largest independently-owned firm. BOND New York has grown by consistently placing itself on the cutting edge of real estate brokerage and marketing. As a full service agency engaging in a thoroughly collaborative process of finding, selling or renting a home, BOND New York covers all New York neighborhoods for residential sales and leasing, commercial sales and leasing, new development marketing and corporate relocation.

CONTACT: Public Relations Contact: Kelly Kreth Kreth Communications 201 417 8691

Source: BONDNew York