Legibloq® for Real Estate Purchase
Buying real estate with crypto in France has never been easier. For other countries, please contact us.
Access to the entire real-estate market
By integrating euro conversion, Legibloq gives access to the whole property market, removing the need to deal only with sellers who accept crypto payments.
Once the file is approved, only a single crypto transfer stands between you and a standard real-estate deal. Who said using crypto was complicated?
Notaries on board from day one
With Legibloq, a notary is involved in the process right from the start.
We can connect you with one of our partner notaries or onboard any notary interested in joining this innovative initiative.
A secure, reassuring environment
The buyer’s identity is verified and the source of funds audited. The funds are custodied for the whole transaction by a CASP/DASP that is registered with the AMF.
To ensure the required euro amount is always available, the buyer must provide a safety margin that offsets any potential cryptocurrency volatility.
The funds are converted into euros by the CASP/DASP only when the notary issues a call for funds, and are then wired directly to the notary’s escrow account at the Caisse des Dépôts et Consignations, exactly as in any standard real-estate transaction.
A financing facilitator
For the buyer, using cryptocurrency requires only a single transfer. Once the transaction is complete, any unused crypto is returned to them.
For the other parties, crypto financing is transparent: compliance is guaranteed, volatility is managed, and payment is settled in euros.
How does it work
Initial contact with Legibloq to present the intended transaction and introduce Legibloq’s sole client: the buyer.
Review of the buyer’s file identity verification and source-of-funds checks.
Signing of the escrow agreement and deposit of the previously verified funds.
At each call for funds by the notary supervising the transaction, the funds are converted into euros and transferred by SEPA to the notary’s account at the Caisse des Dépôts et Consignations.
If the transaction is cancelled, no conversion is carried out and the funds are returned to the client.
A cryptocurrency financing for a real estate transaction? Let's discuss it together.
Book a discovery call (free) so we can help you carry out your transaction under the best conditions.
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FAQ
enComment gérez-vous la volatilité liée aux cryptomonnaies ?
Le sujet des cryptomonnaies étant nouveau pour les professionnels de l’immobilier, nous demandons à l’acheteur de sécuriser l’opération en immobilisant les fonds destinés à la transaction avec une marge de sécurité qui dépend de l’actif utilisé.
Comment Legibloq se rémunère-t-il ?
Legibloq perçoit des frais sur les fonds dédiés à l’opération. Ces frais sont fixés lors de la signature du contrat avec l’acheteur et prélevés à chaque appel de fonds.
Y a-t-il un coût pour les agences immobilières ou le notaire ?
Non, le service est gratuit pour eux.
Comment sont gérés les frais de notaire ?
Ils sont gérés comme pour toute transaction immobilière : une fois l’appel de fonds effectué, le notaire reçoit ses honoraires en euros sur son compte.
Comment est versé le dépôt de garantie ?
Il est versé de manière classique : après la signature du compromis de vente, le dépositaire désigné reçoit le dépôt de garantie en euros sur son compte.
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