Swiss Luxury Watch Maker Hublot Now Accepts Bitcoin


Hublot, a Swiss wristwatch, and Tram Line 42 in Prague are among the most recent companies to accept digital assets as a form of payment.

By working with the bitcoin payment service provider BitPay, the Swiss luxury timepiece Hublot enables its clients to purchase a limited number of items in bitcoins.

Moreover, Prague City Tourism has partnered with Global Payments to allow passengers off the iconic Tram Line 42 to buy tickets in digital assets.

Hublot Enters the Cryptocurrency World

Numerous fashion sector businesses have begun accepting bitcoins as a form of payment. Hublot, a famous Swiss watchmaker, is the newest member of this organization.

According to a recent statement, the company has released a limited collection of 200 timepieces dubbed “Big Bang Unico Essential Grey.” These items could only be bought via Hublot’s US e-Boutique portal, which accepts cryptocurrency payments.

The price of a single watch from this edition is roughly $21,200, therefore one would need to part with approximately 1 BTC to purchase in bitcoin (calculated at current prices).

Another Swiss luxury timepiece, Tag Heuer, agreed to similar payments last month. On its US website, the company accepted prominent cryptocurrencies, such as Bitcoin, Ethereum, and Shiba Inu, as well as five stablecoins.

Explore Prague for Cryptocurrency

Tram line number 42 in Prague is a second example of the most recent bitcoin use. Currently, one of the oldest trams in the Czech Republic is a tourist attraction. It allows tourists to experience the most prominent attractions in the nation’s capital, including Prague Castle, Charles Bridge, and the Powder Gate.

According to local press, the Tram Line has partnered with Global Payments to enable passengers to pay using cryptocurrency. Director of IT at Prague City Tourism, Petr Soukup, stated:

“Cryptocurrencies are a widely used kind of currency nowadays. There is no reason why they cannot be used for recurring payments. They may now purchase tickets using cryptocurrencies such as bitcoin or Ethereum.”

He also added that consumers may pay using digital assets, but merchants may accept the transaction in either crypto or fiat currency (for example, Czech crowns).

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