Log in

Home
aura-logo
Our Top Pick
Research
Analysis
Community
  1. Cryptonary
  2. Archived Posts
  3. Auction house Sotheby's to accept BTC and ETH via Coinbase
News

Auction house Sotheby's to accept BTC and ETH via Coinbase

Updated: Aug 31, 2024
Published: May 5, 2021
0
Share:

Leading auction houses have been auctioning and selling nonfungible token (NFT) artworks over the past few months. They are now going a step further by accepting cryptocurrencies as payment for their artworks.

Post Feature Image

Sotheby's now accept cryptocurrencies

Centuries-old auction house Sotheby's has announced that it has partnered with cryptocurrency exchange Coinbase to accept bitcoins (BTC) and Ether (ETH) a payment for its physical artwork. This latest development comes after the auction house began auctioning and selling NFTs.

Coinbase announced this via a blog post yesterday. In another step toward bringing cryptocurrency mainstream, Sotheby's announced they would accept bitcoin and ethereum for Banksy's Love is in the Air image at their Contemporary Art Evening Auction. Coinbase Commerce was selected as the integration partner," Coinbase wrote.

Sotheby's will start with Banksy's Love is in the Air image and will only accept BTC and ETH for this auction. The auction house said the acceptance of cryptocurrencies via Coinbase Commerce is an important step towards leading the art market in adopting blockchain technology.

Sanchan S Saxena, VP of Product, Ecosystem at Coinbase, said the crypto exchange is proud to provide Sotheby's with the payment solution. "This is an example of an enterprise that is evolving with their client base to cater to crypto-forward consumers," he added.

The auction house believes that the endorsement of cryptocurrencies will pave the way for further adoption across its auctions. Stefan Pepe, Sotheby's Chief Technology Officer, said, "Leveraging the trusted exchange Coinbase is a natural progression and is in line with our dedication to enhancing our client buying experience and developing new ways to expand our client base by meeting them where they are."

Sotheby's getting more involved in the crypto space

Sotheby's is expanding its presence in the cryptocurrency space. Last month, it sold its first NFT for approximately $17 million. The NFT, titled "The Fungible," was auctioned on NFT marketplace Nifty Gateway during a two-day sale. Sotheby's intends to host more NFT auctions and become more involved in the crypto and blockchain space.

Sotheby's is not the only leading auction house that is into cryptocurrencies and NFTs. Christie's auction house sold the Beeple NFT for nearly $70 million, the highest amount ever paid for a nonfungible art. The auction house is also accepting cryptocurrencies for some of its artwork.

100% Success Money Back Guarantee

If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Terms & Conditions apply

Star

Trusted by 300,000+ traders

Take your next step towards crypto success

Save 50%

$799/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

What’s included in Pro:

  • Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • Our latest memecoins pick with 50X potential

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp

Frequently Asked Questions

Can I trust Cryptonary's calls?

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

Do I need to be an experienced trader or investor to benefit?

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

What makes Cryptonary different from free crypto content on YouTube or Twitter?

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

Why is there no trial or refund policy?

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Do I get direct access to the Cryptonary team?

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

How often is content updated?

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

How does the success guarantee work?

If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Recommended from Cryptonary
Market Pulse: HYPE Faces Its Biggest Unlock Yet
Market Pulse
Market Pulse: HYPE Faces Its Bigges...This week’s massive HYPE unlock sets the stage for supply-driven volatility, as protocol buybacks la...
3 min read
Nov 24, 2025
BTC, ETH and More: Oversold Bounces or Breakdown?
Market Direction
BTC, ETH and More: Oversold Bounces...Price action across majors has compressed into key higher-timeframe support. Conditions for a powerf...
8 min read
Nov 24, 2025
This Week's Setup: 24th of November
PRO
Market Updates
This Week's Setup: 24th of NovemberMarkets rarely move in straight lines, and this week is no exception. With sentiment shifting and vo...
10 min read
Nov 24, 2025
The Hidden Kraken Airdrop Everyone’s Sleeping On👀
PRO
Airdrop Reports
The Hidden Kraken Airdrop Everyone’...Kraken is quietly setting up one of the biggest ecosystem plays heading into 2026, and almost nobody...
8 min read
Nov 27, 2025
Market Update: Are New Lows About to Hit?
PRO
Market Updates
Market Update: Are New Lows About t...Pressure is building, fear is rising, and the chart is winding up for a decisive move. The question ...
2 min read
Nov 26, 2025
Portfolio Allocation: How to Grow from $0 to $1M+
PRO
Research Report
Portfolio Allocation: How to Grow f...The structure of your portfolio should always reflect the size of your portfolio. Smaller accounts b...
16 min read
Nov 25, 2025
Market Pulse: HYPE Faces Its Biggest Unlock Yet
Market Pulse
Market Pulse: HYPE Faces Its Bigges...This week’s massive HYPE unlock sets the stage for supply-driven volatility, as protocol buybacks la...
3 min read
Nov 24, 2025
BTC, ETH and More: Oversold Bounces or Breakdown?
Market Direction
BTC, ETH and More: Oversold Bounces...Price action across majors has compressed into key higher-timeframe support. Conditions for a powerf...
8 min read
Nov 24, 2025
This Week's Setup: 24th of November
PRO
Market Updates
This Week's Setup: 24th of NovemberMarkets rarely move in straight lines, and this week is no exception. With sentiment shifting and vo...
10 min read
Nov 24, 2025
The Hidden Kraken Airdrop Everyone’s Sleeping On👀
PRO
Airdrop Reports
The Hidden Kraken Airdrop Everyone’...Kraken is quietly setting up one of the biggest ecosystem plays heading into 2026, and almost nobody...
8 min read
Nov 27, 2025
Market Update: Are New Lows About to Hit?
PRO
Market Updates
Market Update: Are New Lows About t...Pressure is building, fear is rising, and the chart is winding up for a decisive move. The question ...
2 min read
Nov 26, 2025
Portfolio Allocation: How to Grow from $0 to $1M+
PRO
Research Report
Portfolio Allocation: How to Grow f...The structure of your portfolio should always reflect the size of your portfolio. Smaller accounts b...
16 min read
Nov 25, 2025
Market Pulse: HYPE Faces Its Biggest Unlock Yet
Market Pulse
Market Pulse: HYPE Faces Its Bigges...This week’s massive HYPE unlock sets the stage for supply-driven volatility, as protocol buybacks la...
3 min read
Nov 24, 2025
BTC, ETH and More: Oversold Bounces or Breakdown?
Market Direction
BTC, ETH and More: Oversold Bounces...Price action across majors has compressed into key higher-timeframe support. Conditions for a powerf...
8 min read
Nov 24, 2025
This Week's Setup: 24th of November
PRO
Market Updates
This Week's Setup: 24th of NovemberMarkets rarely move in straight lines, and this week is no exception. With sentiment shifting and vo...
10 min read
Nov 24, 2025
Research
Top PicksDeep DivesPassive IncomeAirdrop ReportsCrypto Research
Analysis
Market UpdatesMarket DirectionMarket PulseLivestreams
Tools
Market DirectionAssets & PicksAirdropsPortfolio Tracker
Cryptonary
Affiliate programEducationPrivacy PolicyTerms & ConditionsContact UsWrite for us
Stay connected
Disclaimer: The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, legal, or tax advice. Cryptonary is not a licensed financial advisor. All content is shared without any guarantee of accuracy or completeness. You are solely responsible for your investment decisions. Always do your own research and consult with a licensed professional before making financial choices. Past performance is not indicative of future results.

×

Don't Miss The Next 100X

We called major winners like

BTC

BTC

120X

ETH

ETH

270X

SOLANA

SOLANA

30X

Get our next high-conviction setup + weekly research free.

Join 300,000+ investors and traders who've been following us since 2017.

​
Germany

Free forever. Unsubscribe anytime. No credit card required.