Bit.plus

What Bit.plus does

Bit.plus is a Czech-licensed retail cryptocurrency exchange and Bitcoin ATM operator serving consumers in the Czech Republic and Slovakia. Founded in 2014 and operated by IP wBTCb solutions, s.r.o. with a related subsidiary wBTCb.cz, s.r.o. handling ATM operations, the platform enables buying, selling, exchanging, and storing Bitcoin, Ethereum, and USDC—and more recently gold—through a unified mobile (iOS/Android) and web application. Revenue is generated primarily through transaction-based fees on crypto-to-fiat (CZK/EUR) exchanges, crypto-to-crypto swaps, ATM cash transactions, and a crypto-payment service (Kryptoplatba) that converts crypto holdings into CZK sent to a third-party Czech bank account. The company operates under the EU MiCA regulatory framework with Czech National Bank oversight, AML/CFT and Travel Rule compliance, and integrates Czech Bank ID authentication with five major domestic banks.

Distribution combines a self-serve digital platform with an extensive physical footprint: 300+ GECO retail partner locations, proprietary Bitcoin ATMs, and a Prague-based client center providing in-person onboarding and support. The go-to-market motion is product-led self-service targeting retail users through app stores, organic social channels (LinkedIn, Facebook, X, Instagram, YouTube), and content marketing partnerships with FXstreet.cz and the Slovak Fintech Association. The platform serves a single primary customer segment—retail cryptocurrency users in the Czech Republic and Slovakia—offering differentiated features including recurring buys, secure custody under MiCA custody-separation rules, transparent pre-trade fee display, and crypto-to-CZK bill payment via Kryptoplatba. Bit.plus is privately held with no disclosed venture capital, private equity, or institutional ownership, and operates without any disclosed funding rounds.

The technology stack is a transactional exchange and custody platform with rule-based AML/KYT and Travel Rule screening, multi-asset support (BTC, ETH, USDC, gold), and fiat on/off-ramps in CZK and EUR. The proprietary Bitcoin ATM network and GECO partnership provide physical distribution differentiated from pure-play digital exchanges, while Bank ID integration streamlines onboarding against the Czech open banking identity layer. Pricing is not publicly disclosed but is displayed transparently before order confirmation, with registered customers receiving better rates and higher limits than unregistered users.

Name

Bit.plus

Legal name

IP wBTCb solutions, s.r.o.

Website

https://bit.plus

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Bit.plus is a Czech-licensed retail cryptocurrency exchange serving consumers in the Czech Republic and Slovakia. Founded in 2014, it offers buying, selling, and storing of BTC, ETH, USDC, and gold via a mobile/web app, a 300+ retail partner network, and proprietary Bitcoin ATMs.

Ownership category

akta.pro rank

Product category

Cryptocurrency Exchange

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro industry

PRIMARYFSADAIAE

On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks

Financial & Insurance/Crypto & Digital Assets/Payments, Merchant Acquiring & Remittances (Crypto)

SECONDARYFSADAIAI

POS, QR & In-Person Acceptance Infrastructure (Crypto)

Financial & Insurance/Crypto & Digital Assets/Payments, Merchant Acquiring & Remittances (Crypto)

SECONDARYBPAMAFAL

Crypto Payments & Stablecoin Settlement Platforms

Business & Public Services/Web, Mobile & Digital Platforms/Payments, Wallets & Digital Banking Platforms

Keywords

• Cryptocurrency exchange
• Bitcoin trading platform
• Crypto asset custody
• Bitcoin ATM network
• Cash bitcoin transactions

Headquarters

HQ city

Prague

HQ country

Czechia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Crypto-to-Fiat Exchange Fees: Revenue from exchange spreads and fees when users exchange cryptocurrency (BTC, ETH, USDC) for Czech Koruna (CZK) or Euro (EUR). Registered customers receive better exchange rates and more benefits compared to unregistered users.
2. Crypto-to-Crypto Exchange: Revenue from exchange fees when users exchange one cryptocurrency for another within the Bit.plus application.
3. Bitcoin ATM (BTM) Transactions: Revenue from cash-to-Bitcoin and Bitcoin-to-cash transactions at proprietary Bitcoin ATMs and through GECO retail partner network.
4. Kryptoplatba (Crypto Payment Service): Revenue from crypto-to-CZK conversion service where users pay third-party obligations using crypto assets held in Bit.plus, with the platform converting and sending CZK to a designated bank account.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Bit.plus operates a regulated Czech cryptocurrency exchange platform that lets retail users buy, sell, exchange, transfer, and store Bitcoin, Ethereum, and USDC through a unified mobile and web application, with fiat on/off-ramps in CZK and EUR. The service is complemented by a cash-based Bitcoin purchase/sale channel via proprietary Bitcoin ATMs (BTMs) and 300+ GECO retail partner locations across the Czech Republic and Slovakia for one-time transactions up to 1,000 EUR equivalent.

Product overview

Bit.plus operates as a Czech cryptocurrency exchange and ATM operator with two primary service lines: (1) the Bit.plus App — a unified mobile and web platform for buying, selling, exchanging, transferring, and storing Bitcoin, Ethereum, and USDC (with support for gold trading), and (2) the wBTCb.cz Bitcoinmaty service — a cash-based Bitcoin purchase and sale network spanning 300+ partner locations (GECO) and proprietary BTMs across the Czech Republic, limited to 1,000 EUR per transaction. The Bit.plus App also offers a Crypto Payment feature (Kryptoplatba) for settling CZK obligations via crypto-to-bank transfers, and a Recurring Buys (Pravidelné nákupy) dollar-cost averaging feature. Both service lines operate under the MiCA regulatory framework via the legal entities IP wBTCb solutions, s.r.o. and wBTCb.cz, s.r.o.

Differentiator

Problem solved

Functional benefit

Brands

• Bit.plus App: Digital exchange application for buying, selling, transferring, and managing Bitcoin, Ethereum, and USDC with CZK/EUR exchange, deposits, withdrawals, and blockchain transfers.
• wBTCb.cz (Bitcoinmaty)

Products and services

• Bit.plus App Unified mobile (iOS, Android) and web application enabling retail users in the Czech Republic and Slovakia to buy, sell, exchange, transfer, and store Bitcoin (BTC), Ethereum (ETH), and USDC, with CZK/EUR on/off-ramps, deposits, withdrawals, and transfers on supported blockchain networks. Supports Bank ID registration, recurring purchases, and Kryptoplatba.
• wBTCb.cz Bitcoinmaty (Bitcoin ATM and GECO cash exchange) Network of proprietary Bitcoin ATMs plus 300+ GECO retail partner locations across the Czech Republic and Slovakia enabling one-time cash purchases and sales of Bitcoin, subject to AML/Travel Rule registration and a 1,000 EUR per-transaction limit. Cash handling is performed by GECO while AML, security, and transaction execution are managed by wBTCb.cz.

Quantifiable outcome

• Crypto assets held in internal records separated from company assets under MiCA custody rules
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature7 records

Partnerships

Three partnerships are on record, tiered minor and core.

• FXstreet.czminorGTM or Marketing PartnerFXstreet.cz is a Czech financial content and forex/crypto education platform. Bit.plus displays the FXstreet.cz logo on its website footer, indicating a content marketing or affiliate partnership for reaching Czech financial audience.
• Slovak Fintech Association (Slovenská Fintech Asociácia)minorGTM or Marketing PartnerBit.plus is partnered with the Slovak Fintech Association, indicating membership and participation in the regional fintech ecosystem for industry credibility and networking.
• GECO (Retail Partner Network)coreChannel Partner/ Reseller/ DistributorGECO is a network of 300+ retail locations across the Czech Republic and Slovakia that handle cash deposit and withdrawal for Bitcoin transactions. GECO provides physical cash handling infrastructure while wBTCb.cz handles all AML checks, security monitoring, and transaction execution.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Relai: Swiss Bitcoin-focused self-custody app and on-ramp with recurring buys and local-language support. Comparable as a simplified, MiCA-aligned European crypto on-ramp with a similar target of retail consumers preferring ease of use.
• Coinmate: Czech-registered cryptocurrency exchange operating since 2014, offering BTC, ETH, and other crypto trading for CZK/EUR. Closest direct competitor in the same domestic market with similar target customers and asset coverage.
• Bitpanda: Austrian-headquartered MiCA-licensed European crypto broker with fiat-to-crypto on-ramps, recurring buys, and metals trading. Comparable in regulatory posture, product structure (exchange + gold), and EU retail focus, but with broader asset coverage.
• Bitcoin.de: German-headquartered Bitcoin and crypto trading marketplace serving DACH retail users under BaFin oversight. Comparable as a regulated, German-speaking market crypto exchange with strong local compliance posture.
• CoinGate: Lithuanian-licensed crypto exchange and payment gateway serving European retail and merchants. Comparable as an EU-licensed, locally-rooted crypto platform operating under similar regulatory conditions.
• Anycoin Direct: Dutch-headquartered European crypto exchange offering buy/sell of major cryptocurrencies for EUR with local payment methods. Comparable as a regulated EU-focused on-ramp serving retail customers in smaller European markets.
• CoinFlip: US-headquartered Bitcoin ATM operator with a large physical network of cash-to-crypto kiosks. Comparable as a cash-to-Bitcoin transaction infrastructure operator, though geographically separated.
• Simplecoin: Czech cryptocurrency exchange and ATM operator offering crypto-to-CZK trading and cash-based Bitcoin purchases. Directly overlaps with Bit.plus on both app exchange and BTM/cash channels in the same geography.

Broad incumbents

• Kraken: Global MiCA-licensed crypto exchange offering spot trading, staking, and on-ramps across the EU. Competes with Bit.plus on Czech/Slovak retail customers seeking broader asset coverage and deeper liquidity.
• Coinbase: Largest US-listed global crypto exchange with MiCA-compliant EU operations serving retail and institutional customers across the EU. Overlaps with Bit.plus on fiat on-ramps, exchange services, and staking, but operates at vastly larger scale and asset breadth.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/Bitplus_WBTCB
• YouTubeyoutube.com/channel/UC6CnwV7x1v2uMJGeLAsauag
• Facebookfacebook.com/Bit.plus.page
• LinkedInlinkedin.com/company/bitpluspage
• Instagraminstagram.com/bit.plus.page

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bit.plus