Now You Can Pay Your Rent By Cryptocurrency Via The App ‘Livly’!

Everyone Can Now Pay Their Monthly Rent By Crypto

Livly, a smartphone app, now allows users to pay their rent in cryptocurrency. The app was designed to provide a platform for apartment communities’ tenants to share their experiences. The firm behind it claims to be transforming apartment life as an early Web3 adopter.

“By accepting cryptocurrency for rent payments, specifically Bitcoin (BTC) and Ethereum (ETH), Livly will be combining frictionless property technology with the latest blockchain technology to address residents’ growing demand for more flexible and easy-to-use rent payment options.”

Landlords may still be paid in US dollars via the app. “Actively reviewing partnerships with widely accepted crypto exchange platforms to ensure maximum reliability and security,” they claim.

Livly Founder Alex Samoylovich said, “We want to offer residents who have cryptocurrency an additional option to pay their bills with the method they prefer. We are always looking for ways to enhance and expand resident convenience.”

Livly’s CEO, Brian Duggan said, “One of Livly’s biggest strengths is in our ability to evolve, meet, and exceed the needs of our apartment communities using modern technology. Livly has always been at the forefront of innovative proptech. It only makes sense for us to be the first resident mobile app to accept cryptocurrency for our residents nationwide.”

35% of Americans now rent their homes. Tenants account for 44.1 million households. However, 10.5% of all homes are vacant. Renters are 89.9% more likely than homeowners to fall behind on their rent, compared to homeowners who pay their mortgage.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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