Bit.plus is a brand of Czech crypto-asset exchange and management services. IP wBTCb solutions, s.r.o. operates the app, while wBTCb.cz, s.r.o. operates cash exchange. An app balance, an accepted instruction and bitcoin received in your own wallet are three different facts.
IP wBTCb solutions, s.r.o. has company number 03058417; wBTCb.cz, s.r.o. has 02918030. ESMA records a MiCA notification on 13 June 2026 for the former covering custody, exchange and transfers, and on 26 June 2026 for the latter covering exchange for funds. A shared brand does not mean identical permissions or one contractual counterparty. [ESMA — Authorized crypto-asset service providers] [Bit.plus — Separate operator documents]
Bit.plus App records client positions; this register is neither a bank account nor a payment account. Its documents list BTC, ETH and USDC on Ethereum as ERC-20. USDC has a special restriction to transfers from the client's own verified account or wallet and back to the client, excluding third parties. Token support therefore does not imply support for every network or recipient. [Bit.plus App — General terms (26 June 2026)] [Bit.plus App — Custody policy]
The app tariff effective from 15 May 2026 lists exchange execution as free, but the terms include a commercial margin in the rate. The tariff charges 3% for card payments received and a variable outgoing network fee. What matters is the total quantity after all costs in the recap; zero separate commission does not mean buying at the market mid-rate. [Bit.plus App — General terms (26 June 2026)] [Bit.plus App — Tariff (15 May 2026)]
Section 3 of the custody policy states that the client remains the owner. However, article II.6 of the app terms effective from 26 June 2026 names the company as owner. This textual inconsistency cannot be presented as resolved legal certainty; it requires clarification from the provider. Both documents describe custody, not independent client signing. [Bit.plus App — General terms (26 June 2026)] [Bit.plus App — Custody policy]
The framework agreement normally envisages onchain return after AML/KYT/Travel Rule checks; handing over access means is permitted only exceptionally under further conditions. The custody policy's insolvency plan specifies an invitation to confirm an address within 15 business days. That is a deadline for the invitation, not a guarantee of completed transfer or deposit insurance. [Bit.plus App — Custody policy] [Bit.plus App — Framework agreement]
Kryptoplatba first exchanges a crypto-asset and then sends CZK to a third party's bank account in Czechia. The recipient thus receives crowns, not bitcoin. The terms link the subsequent payment step to exchange settlement and the end of the following business day for credit to the recipient's provider; AML checks may lead to non-execution. [Bit.plus App — General terms (26 June 2026)] [Bit.plus App — Framework agreement]
The wBTCb.cz cash terms require registration and limit a one-off trade outside a business relationship to 1,000 CZK through the equivalent of 1,000 EUR; related trades are assessed together. GECO receives or pays out cash through IP wBTCb solutions, but wBTCb.cz handles the exchange and complaint. Registration for this route alone does not create an app balance. [Bit.plus Cash — General terms (26 June 2026)]
A cashier order may be paid within 2 months, but the final rate is confirmed there; this period does not fix the price for two months. Cancellation after rate confirmation but before handing over cash may incur an administrative charge. For BTC sales, the terms require broadcast within 10 minutes and the first confirmation within 45 minutes of broadcast; a network fee cannot guarantee block-mining time. [Bit.plus Cash — General terms (26 June 2026)]
For the clearest picture, read this entry together with Bitcoin, Self-custody, Custodial Exchange, Simplecoin, Coinmate.