Traditional fiat money, referring to the U.S. Dollar $, Euro €, Sterling pound £, Indian Rupee ₹, which are the government-issued currencies that were once backed by physical assets, before U.S. President Nixon removed the Gold Standard in 1971. Nowadays, the continuous printing of fiat money by central banks exacerbates the escalation of inflation, affecting even the most trusted currencies.
In response to these challenges caused by inflation, innovative financial currencies were created, such as cryptocurrencies and tokens. The first viable model of blockchain was live in 2009, Bitcoin, and by offering a decentralized and transparent ledger system, its creation facilitated numerous decentralized transactions, thereby creating new industries and fostering market growth.
Years later, with the creation of Ethereum, a new path to make Real Estate investments accessible to everyone, without the need for banks approval or mortgages, has been possible since the foundation of RealT in 2019, and the implementation of tokenization.
If you were wondering, “Do I need to own a cryptocurrency to buy Real estate tokens?”
No, you do not need to.
Then, how can someone invest in Real Estate tokens without crypto?
Here are five ways:
- Through Ascendex
- Deposit your fiat currency ($, €, £, etc.) via wire transfer or credit card to your AscendEX account
- Change your USD into USDT under the “Quick buy and swap” tab
- Change USDT to xDAI on Ascendex (only platform compatible with xDai-Gnosis Chain)
- Send your xDai to your Gnosis Chain wallet
- Finally, with your xDai, you can purchase RealTokens on the Marketplace by using Request Network or through the YAM.
2. Through Polygon and Connext
- Send your USDT from Coinbase, Binance, or any exchange, to a Polygon-compatible wallet
- Use Connext to bridge your USDT from Polygon to Gnosis Chain
- When your USDT is available on Gnosis Chain, use CoW swap or Honeyswap to swap to xDai
- Finally, with your xDai, you can purchase RealTokens on the Marketplace by using Request Network or through the YAM.
3. By using MtPelerin
- Purchase your xDai directly on MtPelerin by credit card or via wire transfer.
- Buy RealTokens with your xDai by using Request Network or through the YAM.
4. By using Monerium (Euro)
- Send euros by wire transfer to your Monerium account
- Swap your EURe to xDai by using CoW swap or Honeyswap, etc.
- Finally, with your xDai, you can purchase RealTokens on the Marketplace by using Request Network or through the YAM.
5. Purchase directly in the Marketplace through Credit Card
- After creating your account on RealT, and completing the KYC
- Purchase RealTokens by credit card where, instantly, you change your fiat currency to RealTokens.
Furthermore, by transforming fiat currencies into Real Estate tokens, investors are exposed to the potential rise in property values. The diversification of investment portfolios can serve as a safeguard against the devaluation of traditional currencies resulting from hyperinflation.
In conclusion, the shift from fiat currencies to Real Estate tokens reflects the evolving nature of DeFi, providing greater accessibility, transparency, and bigger returns for investors in the ever-changing global DeFi landscape.
Take a look at the properties available on RealT: https://realt.co/ and follow our social media below.
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The information in this communication is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to sell or solicitation of an offer to buy securities. No offer of securities shall be made except by lawful means of an Offering Memorandum meeting the requirements of the relevant jurisdiction(s) and securities regulations. This communication shall also not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed business initiative.
