Social media


How to purchase Bitcoin in Prague without revealing your personal information?

Author: LB 2020-08-22 190

In August, 2020 I decided to visit the Czech capital, Prague to check out the local Bitcoin ATMs. I was curious about the fact whether it is possible to purchase Bitcoins in Prague and I wanted to find out the requirements when using Bitcoin ATMs. I initiated my trip from Budapest and got on a train that left the Hungarian capital at 5:40. Fortunately, the ATM is located right inside in the building of the central train station in Prague.


But anyway, finding the machine is no easy task, because although you can look it up using Google Maps, locating the Bitcoin ATM in the building takes some time.


The main issue is that it is not easy to find your way in the station building. I saw that the Bitcoin ATM is located in a Relay store, but there are at least 5 of these stores inside so which one should you go to? This made my trip a bit longer, but anyway here is a picture that will help you a little bit if you want the find this machine in Prague. This is actually the first floor of the station building.


Bitcoin ATM in Prague.

So you will have to enter the store and the machine will be on the right side. This is a small ATM and I think it is a bit older than its siblings in Budapest. Nevertheless it is a convenient device and also because it supports several languages it is perfect for tourists as well. At first I thought I will have to use it in Czech, but it does have English, Spanish and even Japanese options as well. I wanted to buy Bitcoins for 500 crowns and I started my operation here.


This is the screen of the Bitcoin ATM in Prague.

Buying Bitcoin in Prague is pretty easy. You don't even have to input your phone number, therefore the whole transaction preserves your anonymity, unlike in Hungary where you have to register your phone number every time you want to purchase Bitcoins.


So I inserted my Czech crowns in the following way:


Inserting Czech crowns into the machine.

If the transaction was successful, the machine will notify us:


Sucesful BTC transaction.

The BTCs I purchased here arrived in my e-wallet:


Bitcoins in my e-wallet.

I also saw that every time you want to use the machine you have to pay 100 Czech crowns, which is about 4.5 USD.


The transferred BTC converted into USD/Czech crwons


I tried to convert the amount of BTC I received from the machine into USD and then into Czech crowns and it turned out that the inserted 500 Czech crowns became 380 Czech crowns. So this transaction was not to economical, it might be better to use larger amounts, but this machine is definitely a good choice if you are travelling in the Czech Republic and you need Bitcoins urgently.


You can support me using the following BTC address: 1D6qYk7mWQFE1K5tUgqimjiCLT66AHdyNX


Interesting entries


14.09.2020

How to withdraw money from a Bitcoin ATM in Kraków, Poland

14.09.2020

Testing a Bitcoin ATM in Kraków, Poland

09.09.2020

Withdrawing cash from a Bitcoin ATM in Salzburg, Austria

09.09.2020

Purchasing Bitcoin in Salzburg, Austria without registering your phone number

01.09.2020

Chinese technology is taking over the telecommunication markets in Africa

29.08.2020

Bitcoin ATM in Košice, Slovakia

28.08.2020

Selling Bitcoin for cash in Bratislava

26.08.2020

How to purchase Bitcoin in Bratislava without registering your phone number

26.08.2020

The cost of withdrawing cash from a Bitcoin ATM in Budapest

26.08.2020

How much does it cost to use a cryptocurrency ATM in Hungary?

24.08.2020

Detailed comparison on Bitcoin ATMs across central Europe

24.08.2020

Withdrawing cash in Prague from a Bitcoin ATM

21.08.2020

Bitcoin ATM in Prague with no fixed transaction fee

22.08.2020

How to withdraw cash from a Bitcoin ATM in Prague without revealing your personal information?

22.08.2020

Buying Bitcoin in Prague

22.08.2020

How to purchase Bitcoin in Prague without revealing your personal information?

10.07.2020

How to buy cryptocurrency in Budapest

02.07.2020

Purchase cryptos at the best market price!

28.06.2020

The Japanese way of money from the Genji Era to the Mt. Gox scandal

24.06.2020

How to withdraw cash using a Bitcoin ATM in Vienna?

20.08.2020

Two-way Bitcoin ATM in Vienna, Austria

20.06.2020

Two-way bitcoin ATM in Budapest

19.06.2020

How to withdraw cash from a Bitcoin ATM in Budapest?

18.06.2020

Cryptocurrency ATM in Budapest

12.06.2020

Employee evaluation system based on blockchain technology from Japan

12.06.2020

Kazakhstan to ban transfer between anonymous electronic wallets

11.06.2020

Bitcoin mining is getting popular in Kazakhstan with Japanese investment

08.06.2020

Deceptive marketing schemes on video sharing platforms in China

04.06.2020

Revolutionary solutions in networking from Japan

15.05.2020

User data leakage from Russian financial institutions

22.12.2019

Where are the largest Bitcoin mines in the world?