RM Sotheby to accept cryptocurrency payments through BitPay

Thursday 18 November 2021 10:32 CET | News

RM Sotheby’s has announced the company is accepting cryptocurrency for payment for goods and services from BitPay.

The ability to accept cryptocurrency enables RM Sotheby’s to attract new customers and sales by tapping the crypto marketplace, expanding the market for collectable automobiles to a broader cross-section of enthusiasts and collectors.

Using BitPay, RM Sotheby’s receives settlement the next business day directly to its bank account in its local fiat currency. There is no cryptocurrency price volatility or risk to the consignor nor the company.

The Guikas Collection sale will debut the BitPay payment system for the first time for RM Sotheby’s.

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Keywords: partnership, cryptocurrency
Categories: Blockchain & Cryptocurrencies | Cryptocurrencies
Countries: Canada
This article is part of category

Blockchain & Cryptocurrencies