Dubai-Based Property Developer Introduces Bitcoin Payment for Home Buyers

By Brian Njuguna   Dec 02, 2019 1 Min Read - 2019-12-02T100736.020.jpg

Ellington Properties, a Dubai-based developer, has chosen Bitcoin Suisse (BTCS) as its ideal crypto brokerage provider to facilitate Bitcoin payment for its international customers. 

The new crypto payment option was meant to boost customer satisfaction. Ellington Properties has acknowledged that customers can buy homes across Dubai using Bitcoin. Expressly, Bitcoin Suisse is expected to facilitate the transaction process. 

Ellington Properties also stipulated that it chose BTCS because it has been instrumental in revitalizing the blockchain and crypto ecosystem in Switzerland. 

Paula Wehbeh, the Head of Business Strategy at Ellington Properties, said: “As a tech-driven and customer-focused company, we move with the market trends to meet the customer's aspirations, especially in this era of digital financial engagement. Cryptocurrency is becoming an increasingly popular payment method.”

He added: "Enhancing the customer experience through an added payment choice, Bitcoin Suisse will serve as our preferred crypto brokerage provider that will further add to our international property transactions – and in turn bring more value to Dubai’s economy.”

Ellington Properties has been involved in various real estate projects in Dubai, such as Belgravia, Belgravia II, and Somerset Mews, among others. The introduction of the Bitcoin payment seeks to offer its customers more flexibility so that their satisfaction levels can be maximized. 

Image via Shutterstock


About the author

Brian Njuguna
He is an accomplished corporate writer and entrepreneur based in Nairobi, Kenya. He holds a Bachelors of Economics & Statistics, Second Class Upper Division, from Kenyatta University. Brian has a penchant for Blockchain and Cryptocurrency because he believes the present systems will be altered by these innovations as they reign supreme as we gear towards the fourth industrial revolution or 4IR.

Like this post:
Read More