AirBTC: Pay Vacation Rentals in Bitcoin
AirBTC is a new platform that allows Bitcoiners to rent holiday properties from other Bitcoiners. It is similar to AirBnB, but it only accepts bitcoin as payment.
AirBTC is a 100% Bitcoin-only holiday rental platform that allows Bitcoiners to rent properties from other Bitcoiners. Founded in 2022 by a team of dedicated Bitcoin developers and entrepreneurs, it’s like AirBnB, but for bitcoin.
AirBTC is still in its early stages, but it has the potential to become a popular platform for Bitcoiners who are looking for a convenient and secure way to rent holiday properties.
The platform offers a number of advantages over traditional holiday rental platforms, including:
- Easy and fast payments: Payments are made in Bitcoin, which can be sent instantly and with minimal fees.
- Low regulatory compliance requirements: AirBTC does not require any KYC or AML verification, which makes it a more privacy-friendly option.
- A friendly, loyal user base: AirBTC’s users are all Bitcoiners, which means that there is a shared understanding of the technology and the values behind it.
- Low cost scalability: The platform uses the Lightning Network, which means that transactions can be processed quickly and cheaply.
How AirBTC Works
The platform functions similarly to other accommodation booking websites. The primary distinction is that AirBTC solely accepts bitcoin as payment. Guests can pay for their bookings exclusively in bitcoin, while hosts receive their payments in the same cryptocurrency.
One key aspect of the platform is its commitment to being a non-custodial platform. You retain complete control of your bitcoin at all times, ensuring enhanced security and trust.
As a user, you can rent properties directly from other Bitcoiners. Payments can be made using either on-chain Bitcoin transactions or through the Lightning Network. For those interested in hosting, AirBTC offers a fantastic opportunity to earn bitcoin by leasing out their properties to fellow Bitcoiners. When guests book your property, the payment is directly sent to your Bitcoin or Lightning address.
AirBTC charges a 15% fee on all bookings. This fee is included in the price that guests see on the website. The fee is used to cover the costs of running the platform, including customer support, marketing, and development.
AirBTC uses USD as its display currency, but payments are made in bitcoin. This is because bitcoin is a more volatile currency than fiat currencies, and AirBTC wants to avoid any potential price fluctuations. When you make a booking, the amount is converted to bitcoin at the current exchange rate. The host then receives the amount in bitcoin, minus the AirBTC fee.
If the bitcoin price increases or decreases between the time of booking and the stay, the host will still receive the amount in bitcoin that they were paid on the date of booking. This means that the host is protected from any potential losses due to price fluctuations.
AirBTC: The Future of Holiday Rentals for Bitcoiners
AirBTC is a new and innovative platform that offers a convenient and secure way for Bitcoiners to rent holiday properties. The platform has a number of advantages over traditional holiday rental platforms, including that it only accepts Bitcoin as payment, which makes it a more privacy-friendly option. Additionally, it uses USD as its display currency, which makes it easier for guests to understand the prices. Finally, it protects hosts from any potential losses due to price fluctuations.
However, AirBTC is still in its early stages, so it does have some limitations. For example, the platform has a smaller user base than traditional holiday rental platforms, and the selection of properties is not as large.