Did you dream of being able to pay for your accommodation on Airbnb in cryptocurrencies? What if we told you that it is now possible to find an Airbnb-type platform that accepts bitcoin payments?
This is in fact what the AirBTC site offers, which is a platform for booking accommodation around the world for short and long stays.
Whether you own real estate for which you want to rent and receive bitcoins or you are a traveler looking for accommodation, then AirBTC will be a site to consider.
This article will outline the main features of AirBTC and explain how this platform could help many bitcoin-loving travelers.
However, it is important to note that at the time of writing this article, the platform is in beta. There will necessarily be improvements in the months to come.
Overview of AirBTC
AirBTC, inspired by the well-known model ofAirbnb, is an online platform that facilitates the rental of short-term accommodation. What sets AirBTC apart is its willingness to integrate Bitcoin payments into the booking process.
This initiative is aimed at both accommodation owners and travelers who wish to explore new destinations while using their Bitcoin to pay for accommodation costs.
The Advantages of Paying in Bitcoin
- Security of Transactions: Bitcoin transactions are secured by advanced cryptographic protocols, which greatly reduces the risk of fraud and identity theft. The AirBTC website uses an escrow system that allows funds to be “held” and released once the user enters the property.
- Anonymity: Bitcoin payments offer a degree of anonymity because sensitive personal information is not directly tied to the transaction. However, when booking on AirBTC, you will need to provide identity information for security reasons.
- Speed of International Transactions: Bitcoin payments eliminate the constraints of traditional international transfers, which can take several days. Bitcoin transactions are generally fast and can be carried out without the involvement of third parties.
- International Accessibility: Since Bitcoin is a global digital currency, AirBTC can reach a wider international audience, removing barriers related to currencies and exchange rates. There is no need to own fiat currencies like euros or dollars and avoids currency conversion fees.
- Possibility of renting in the short and medium term : Renting accommodation can be a real headache if you want to stay for a period of more than a month in a country. With AirBtc, it is possible to rent for months, avoiding the costs and administrative lengths of a real estate agency.
How does the Reservation process work??
The booking process on AirBTC remains similar to other accommodation rental platforms. Travelers can browse available accommodation listings, view reviews from other users, and choose the one that best suits their needs. The innovative aspect lies in the Bitcoin payment option, which is offered at the time of payment.
Payment is made exclusively in bitcoin via the gateway BTCPayServer.
An amount of security deposit must also be taken into account, in the event that the accommodation is damaged after the holidaymakers' stay.
For accommodation owners, the process is just as simple. They can list their properties, set their Bitcoin prices, and manage their reservations through the AirBTC dashboard.
What about the Security and Privacy?
AirBTC places great importance on the security and privacy of its users. Bitcoin transactions are secured by advanced encryption technologies, and personal information is processed in accordance with applicable data protection standards.
However, let's remember once again that the site is in beta and it is recommended to remain cautious.
The site does not present the founders of the platform, which can prove problematic in the event of a dispute, for example.
Final word
AirBTC breaks new ground in the accommodation industry by allowing travelers to pay in Bitcoin, providing security, speed and overall accessibility.
With its innovative model and focus on blockchain technology, AirBTC could well shape the future of the lodging industry, while continuing to exploit the benefits offered by cryptocurrencies.
However, at the time of writing this article, there are still few accommodation offers and most accommodation is in Spain, Mexico, Portugal or the United States. There is still very little accommodation available. Finally, the site offers few features at the moment.
However, the Airbtc site responds to a real problem, which is the demand for short-stay accommodation that can be paid for in bitcoin. This remains a very promising site and eagerly awaited by the bitcoiner community around the world.
See also:
- The ultimate guide to traveling with cryptocurrencies
- The list of travel sites that accept bitcoin
- Discover the Flatio site to book stays in bitcoin
- Get 10% back in Bitcoin on your travels on Travala!
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Note: No financial advice is given in this or any other article on zonebitcoin. This is information of which you are the sole judge and master. Be responsible with your investments and only invest as much as you are willing to lose.
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