Jenna Hall is a content marketing coordinator at Redfin. Redfin does not provide legal, tax, or financial advice. This article is for informational purposes only and is not a substitute for professional advice from a licensed attorney, tax professional or financial advisor.

Over the past few years, an increasing number of companies worldwide have started allowing customers to pay for their products and services with bitcoin. While bitcoin used to be considered a niche asset, it’s now emerged as a highly popular currency and is treated as a viable alternative to cash and credit for many major retailers. Now that you can use bitcoin to purchase almost anything, some are wondering how they can use their digital currency to buy a home or even pay their rent.

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