Bitcoin ATM at PC Praha: buy and sell bitcoin for cash

In the PC Praha shop on Rostovská Street in Prague 10 there is a bitcoin ATM where you can both buy and sell bitcoin for cash: to buy, you enter your wallet address (via QR code), insert banknotes and the bitcoin is sent; to sell, you send bitcoin to the address shown by the machine and withdraw cash once the transaction is confirmed. The whole process takes a few minutes and you don't need an exchange account. Clients of our hosting can also collect their earnings from their account in cash at our shop.

Summary

• A bitcoin ATM is a machine for buying and selling bitcoin for cash without registering on an exchange.
• All you need is cash or your own bitcoin wallet.
• We can buy, sell or exchange cryptocurrencies other than bitcoin directly in the shop (P2P exchange) – just get in touch in advance. We are preparing to extend the bitcoin ATM with roughly 250 more cryptocurrencies.
• PC Praha hosting clients request a cash withdrawal in the PCPRAHA app or in their hosting account and collect the money at our shop.
• Always send bitcoin only to your own wallet – never to an address someone else has dictated to you.

What is a bitcoin ATM

A bitcoin ATM is a machine that allows fast buying and selling of bitcoin for cash. You don't have to open an exchange account or wait for a transfer to be approved. All you need is cash or a crypto wallet, and the transaction takes just a few minutes.

Advantages over an exchange:

• Speed – the bitcoin is sent as soon as you insert the cash, no waiting for a bank transfer.
• Simplicity – just a few steps on the screen.
• No exchange account – you don't need to register with a crypto exchange. For larger amounts, the machine may require identity verification under anti-money-laundering rules.

You can see the machine's exchange rate and fee on the display before you confirm the transaction.

How to buy bitcoin at the bitcoin ATM

1. Come to our shop – you'll find the address and opening hours on our contact page.
2. On the bitcoin ATM screen, choose “Buy Bitcoin”.
3. Enter your bitcoin wallet address – scan the QR code or type it in manually.
4. Insert the cash.
5. Confirm the transaction. The bitcoin is sent to your address.

If you don't have a wallet yet, set one up in advance and store the recovery phrase safely – we explain why this matters so much in the article Fake software wallets.

How to sell bitcoin at the bitcoin ATM

1. On the bitcoin ATM, choose “Sell Bitcoin”.
2. Enter the amount – the machine generates a QR code with an address.
3. Send bitcoin from your wallet to that address.
4. Once the transaction is confirmed, withdraw the cash directly from the machine.

Other cryptocurrencies: P2P exchange in the shop

For now, the bitcoin ATM only handles bitcoin – we are preparing to extend it with roughly 250 more cryptocurrencies. If you want to buy, sell or exchange another cryptocurrency right now, contact us directly – in the shop we operate a P2P exchange that is separate from the bitcoin ATM. You'll find everything about the exchange on the Crypto exchange office page.

1. Write or call to tell us which cryptocurrency and what amount you want to exchange – you'll find our details on the contact page.
2. We agree on the rate and a date.
3. The exchange takes place in person at the shop; we only ever send coins to your own wallet.

Withdrawing hosting earnings in cash

Clients of our hosting can convert mined cryptocurrencies into cash and collect it at our shop:

1. In the PCPRAHA app or in your PC Praha hosting account, choose cash withdrawal and enter the amount.
2. After confirmation you will receive a code for collection.
3. Come to our shop with the code and an identity document and collect the cash.

Before your visit, it's best to check the current withdrawal terms and limits.

What to watch out for

Bitcoin ATMs are abused by scammers who guide people over the phone to insert cash and send bitcoin to the scammers' address. If someone is telling you what to do at the machine, stop immediately. You'll find details in the article Bitcoin ATM scams.

What next

• What is Bitcoin – a complete guide before you buy your first bitcoin.
• Crypto exchange office – bitcoin ATM, P2P exchange and cash withdrawal of earnings in one place.