Home Sold For Bitcoin In Louisville, KY For The First Time Today

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  • The first real-estate transaction using bitcoin in Louisville, Kentucky was recently completed.
  • The purchase took about eight seconds and cost $0.70 in transaction fees.
  • The owner and president of Millennial Title Company believes bitcoin will be used in real estate transactions more often in the near future.

Louisville, Kentucky made local history with its first real estate purchase made in bitcoin which only took about eight seconds, according to a report from The Courier Journal.

“I told the buyer I didn’t know if [using Bitcoin to buy the home] was possible,” Ashley Brown, a real estate agent with Louisville-based Homepage Realty, told The Courier Journal. “…I wasn’t sure if it was legal.”

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