How RealOpen Works

How RealOpen converts cryptocurrency into a real estate closing — step by step.
Buying real estate with crypto is fast and easy from start to finish. Let's break down the simple steps:
  • Verifications
  • Proof of Funds
  • Offers & Contract
  • Funding

What RealOpen does

RealOpen allows buyers to fund real estate purchases using cryptocurrency while sellers and escrow companies receive a traditional fiat wire transfer.

Key Points

  • Buyers fund purchases using crypto assets
  • RealOpen verifies holdings and generates proof of funds
  • Crypto is converted to fiat via OTC trading partners
  • Escrow receives a standard wire transfer
  • The transaction closes like a normal cash purchase

1. Create your RealOpen account

Less than 30 seconds

Head to the RealOpen Sign-up Page and create your account — you can sign in with your Apple, Google, or Coinbase account, or just use your preferred email. After you submit the login details, be sure to select Buyer on the next page.

Creating a RealOpen account to buy real estate witih crypto

2. Verify your identity

~3 minutes

We partner with a regulated compliance provider to verify your identity — the same secure KYC process used by top crypto exchanges. Submit your info, upload your ID, and take a quick selfie. It's fast, seamless, and handled entirely by AI. No need to dress up — it's not a photoshoot, just proof you're real.

RealOpen identity verification (KYC)

3. Confirm your crypto assets

~1 minute

Start by sharing your wallet address. We'll run it through compliance, then send you a deposit address for a quick confirmation transfer — typically just $5-10. This proves you own the assets.

Have funds across multiple wallets? Confirm as many as you need: cold storage, hosted wallets, multisig — all are supported.

If you don't want to send funds, just sign a message and send us the hash. Either way, asset ownership is confirmed and your proof of funds letter is on the way.

RealOpen crypto asset verification

4. Get your Proof of Funds letter

Instant

Once your assets are confirmed, we generate a custom Proof of Funds letter — instantly. It's crypto-backed, fiat-verified, and ready to present to any seller or agent.

Learn what a crypto proof of funds letter includes and why it helps offers move faster.

No wallet screenshots. No awkward explaining.

Boom: you're a cash buyer.

Financing part of the purchase? Ask us for a Reserve Letter instead, so you can use your crypto as a reserve asset in your mortgage application.

Example crypto proof of funds letter

5. Make an offer

Any property, anywhere.

Once you're verified, you can make an offer on any home on the market — even if the seller only takes cash. You are no longer limited to the handful of homes on some crypto marketplace.

No need to teach listing agents about blockchain basics: your proof of funds letter shows that you have the assets for a cash purchase.

No custom contracts. No crypto addenda.

This is a traditional (coveted) cash purchase contract...the kind that makes your offer preferred.

For category education, read how buying real estate with crypto works.

Map search for buying any listed property

6. Fund the purchase with crypto

On. Your. Terms.

When it's time to fund your deal, you'll send crypto directly to your RealOpen deposit address. Transfer it all at once or split it into smaller chunks — whatever you're comfortable with.

Send the earnest money deposit via RealOpen or pay it with cash — however you want to structure the deal.

Want to capture a prime trading window? It's common to convert and send funds to escrow early, especially when the market offers some spectacular trading days. You can fund some, most, or even all of the deal as early as you'd like.

We execute trades upon transfer confirmation and wire fiat directly to escrow. The closing office typically receives funds within a few hours of your crypto transfer.

Review the crypto funding process for detailed mechanics.

Funding a purchase with crypto through RealOpen

What Sellers and Agents Experience

From the listing side, the workflow looks familiar and does not require crypto expertise.

  • The buyer presents a proof-of-funds letter
  • The contract is a standard cash contract
  • Escrow receives a fiat wire transfer
  • No crypto knowledge is required

Frequently asked questions