Overview
Bit.plus provides cash purchases and sales of bitcoin through its own ATMs and a network of partner GECO cash desks in the Czech Republic. The cash service is run by wBTCb.cz, s.r.o., while the online app is tied to a separate legal entity.
Cash service The only asset is BTC and the only fiat currency is the Czech koruna, paid in cash. The company states that the model is non-custodial. Identification is required for every operation, and one-off cash transactions outside an ongoing business relationship are limited to the equivalent of EUR 1,000, according to the website.
Entity and licensing The cash client centre is at Národní 41 in Prague 1. The company discloses a MiCA licence with supervision by the Czech National Bank, as its own statement. The cash centre is open Monday to Thursday from 10:00 to 18:00, and telephone support runs Monday to Friday over the same hours.
Who it suits Individuals in Prague who want to convert koruna cash into bitcoin, or the reverse, with identity checks and a document trail. Fees and rates are not given in the supplied data and should be requested before a transaction.
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