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How to buy Ethereum in Czech Republic

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Ethereum
Ethereum

Now there is no doubt that cryptocurrency is an excellent way to invest funds with a high payback. Because of this, new types of coins appear literally every day, but not all of them really deserve attention. However, there are altcoins that have remained popular for many years, such as bitcoin and Ethereum. ETH appeared in 2015 and was named “Bitcoin 2.0". However, the Ethereum system differs significantly from the bitcoin system, working on the basis of so-called smart contracts that allow transactions for the purchase and sale of cryptocurrencies to be carried out incredibly quickly.

The Czech Republic is the world's largest manufacturer of devices for the purchase and exchange of cryptocurrencies. This state supplies this technology to all countries around the world. It is obvious that the government of the country has a positive attitude to cryptocurrency, since it encourages the active development of this sphere. Cryptocurrency in the Czech Republic is considered as an intangible asset that brings income, which means that citizens are obliged to pay a mandatory tax to the state treasury from the profits received by buying or selling of bitcoin or Ethereum.

It is not difficult to buy Ethereum in the Czech Republic, and the Itez service can make the purchase even easier. You can perform a transaction for euros, dollars and other currencies directly from a bank card. Instructions will follow.

How to buy Ethereum on Itez:
step-by-step instruction
1.

In order to buy Ethereum, it is not necessary to register on the Itez website. In a handy calculator, you can quickly calculate the cost of ETH based on the amount you plan to use for payment. The smallest purchase amount in dollar terms is 30 USD. By the way, the same applies to the euro - the starting purchase threshold starts at €50. Well, in our instructions, as promised, we will go through all the stages of purchase ETH for dollars step by step.

2.

After converting the currency to ETH, you will see the final result in the "You Get" field and on the "Buy" button. Click the button and enter your email address in the following window.

3.

Confirm your email with a 6-digit code sent to the previously indicated e-mail and click the "Verify" button.

4.

Specify the purchase amount in the Itez dialog box. Copy the recipient address - your Ethereum wallet - from the “Accept” section.

Important: you should not manually copy the Ethereum wallet address. The blockchain system does not give any information about Ethereum addresses problems, and if an error occurs during manual entry, all the buyer's funds may be lost.

For example, this is how the copy address button looks like in the Exodus wallet:

5.

After copying the Ethereum wallet address, paste it into the dialog box.

Check your data — it is important to make sure that the address is entered correctly.

6.

After pushing the “Card details” button, enter the required card information: card number and expiration date, the cardholder name and CVC-code — three numbers on the back of the card.

7.

Push the “Pay” button and enter the one-time bank code in the following window. 

After making a payment on the Itez website, you will immediately be able to see the Ethereum in your wallet.

8.

The transaction will first wait for confirmations from the blockchain network.

On the Ethereum network, confirmation is quite fast and in most cases takes no more than a few minutes.

Banks

Czech financial institutions ensure high stability of the economy at the external and internal levels. The banking system of the state is extremely reliable. Many residents of the country, as well as non-residents, decide to make a deposit in a local bank, largely for the reason that the guarantees that organisations give to customers are very promising. In case of force majeure, the bank returns 90% of the amount to the depositor. The most popular and largest banks in the Czech Republic are: Česká spořitelna, ČSOB Československá obchodní banka, Komerční banka, Air Bank, Poštovní spořitelna, Air Bank.

Bank cards

The Itez service allows you to buy Ethereum from a bank card in just a few minutes. Your card can be either debit or credit. We accept Visa, Mastercard, Maestro, American Express cards for payment, and also provide the opportunity to pay for a purchase using Google Pay, Apple Pay, Samsung Pay.

How to store Ethereum

Ethereum is stored in crypto wallets. They make access to assets very easy and simple, at the same time allowing you to track changes in the exchange rates of cryptocurrencies in your personal account. Using crypto wallets is a reliable technique to store information which protects your digital capital from fraudsters because of using a multi-stage information keeping system. You can choose the appropriate service by following the link: ethereum.org/wallets.

Itez
About Itez:

Itez is an instant ethereum purchase resource. Itez is a certified operator holding a license to sell and store cryptocurrencies of a financial regulator from Estonia. What does this give to customers?

First of all it is safety, since the operator is fully responsible for the risks. He conducts a compliance check, provides cryptocurrency on time and is always in touch with customers, if the need arises. Secondly, it`s efficient. The time of receipt of Ethereum to the client's account is no more than a minute). Thirdly, the service offers to customers a favorable exchange rate. Rate changes occur in accordance with the liquidity provider's information, therefore, the ETH value on the Itez website is as close as possible to the market value. The site has no hidden fees as the final ETH, USDT value is displayed instantly. If the purchase price does not exceed € 300, then the buyer does not need verification.

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