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How to Buy Bitcoin in Guatemala?

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Easiest and cheapest ways to buy crypto in Guatemala

Getting bitcoins in Guatemala is not an easy task as not all popular crypto exchanges are available to Guatemala citizens. This is a current list of bitcoin exchanges that allow users from Guatemala to buy crypto. They all support buying crypto with credit/debit cards but some of them offer other payment methods as well.

Regulated & Established

How to Buy Bitcoin in Guatemala?

Cex.io

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – High
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, RUB

Cex.io is considered one of the oldest exchanges in the crypto world. It was launched in 2013. It started as a Bitcoin exchange and cloud mining provider, but today it is a global multi-functional crypto platform with over 4 million users.

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When it comes to Cex.io’s reputation, it seems to be extremely high and longevity on the crypto market is one of the reasons. Cexio is a multi-functional crypto platform since it offers fiat to crypto purchases, spot trading, margin trading, staking as a service, crypto loans, and savings accounts.

⚑ Deposit fees:
Β 0 – 3.99 %
⚑ Withdrawal fees:
0 – 3 %
⚑ Trading fees:
0 – 0.25 %
⚑ Payment Methods:
Credit Card, Bank transfer, ACH, Epay, Skrill, SEPA, Faster Payments
⚑ Supported fiat:
USD, EUR, GBP, RUB

Β  Reputation is high
Β  Longevity on the crypto market
Β  Over 4 million users
Advanced features such as spot trading, margin trading, staking as a service, crypto loans, and savings accounts

Extensive Verification Process to Increase Purchasing Limits

Regulated & high liquidity

coinbase

Coinbase

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – EUR, USD, and 50+ more

If we want to mention the biggest cryptocurrency exchanges in the world, Coinbase is most likely the first name that comes to our mind. Coinbase is a very powerful crypto platform, especially in the US.

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In total, it has over 60 million users around the world which is a remarkable number. The headquarters of Coinbase is in San Francisco, California. Coinbase is not only a typical exchange, but it also offers a cryptocurrency wallet, so we can safely say it is a suitable place for crypto investors.Β 

⚑ Deposit fees:
Credit/Debit Card: 3.99%SEPA: €0U.S Bank Transfer: 1.49% (the US $0.15 min.)Coinbase USD wallet: 1.49%ACH Transfer USD: $0 Wire Transfer USD: $10
⚑ Withdrawal fees:
SEPA: €0.15U.S Bank Transfer: 1.49% (US $0.15 min.) Coinbase USD wallet: 1.49%Wire Transfer USD: $25
⚑ Trading fees:
Fees vary
⚑ Payment Methods:
Bank Account, Debit Card, Credit Card, Wire Transfer, SEPA Transfer,
⚑ Supported fiat:
USD, EUR, GBP, AUD, CAD, CNY & 50+ more

Β  Very large user base and extremely popular
Β  Debit card available
Β  A variety of fiat currencies supported
Over 100 cryptocurrencies supported

No future or margin trading
Fees are fairly high

Regulated & high liquidity

How to Buy Bitcoin in Guatemala?

Kraken

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 2-3 Days
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, JPY, CAD

Founded in 2011 in San Francisco, California, Kraken is one of the oldest and largest crypto exchanges in the business. This centralized cryptocurrency exchange allows its users to quickly and securely buy and sell over 90 cryptocurrencies.

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Currently, 4 million users in over 170 countries worldwide use Kraken’s services (excluding Washington and New York in the U.S). Kraken is registered under FinCEN in the United States. Β Besides buying and selling crypto, this exchange also supports margin trading, OTC trading, market, and stop-loss limit order, staking, limit, futures, take profit market order, and more. It is an easy-to-use exchange and an ideal platform for secure, safe, and fast transactions.

⚑ Deposit fees:
EUR SEPA Deposit (Free) – EEA countries only USD Bank Wire Deposit ($5 USD) – US onlyEUR Bank Wire Deposit (€10) – outside the US only USD Bank Wire Deposit ($10 USD) – outside US onlyJPY Bank deposit (Free, Β₯5,000 deposit minimum) – Japan-only USD, Wire Deposit (Free)
⚑ Withdrawal fees:
Cryptocurrency: Fees vary, SEPA Withdrawal (€0.09) – EEA countries only USD Bank Wire Withdrawal ($5 USD) – US only USD Bank Wire Withdrawal ($60 USD) – outside US onlyEUR Bank Wire Withdrawal (€60) – outside US onlyJPY Bank withdrawal (Β₯20) – Japan onlyCAD EFT Withdrawal ($10 CAD)
⚑ Trading fees:
Maker: 0.16%Taker: 0.28%
⚑ Payment Methods:
Fedwire, Bank Transfer (SEPA), SWIFT, Wire Transfer, Etana Custody, Silvergate Exchange Network (SEN), FPS, CHAPS, and BACS, PayID, Osko
⚑ Supported fiat:
USD, EUR, GBP, JPY, CAD

Β  Available almost worldwide
Β  High security
Β  Over 90 cryptocurrencies
Various payment methods

Fees slightly above the industry average
No tax support

Best Bitcoin Wallets in Guatemala

It is never a good idea to keep your coins on an exchange as that exposes you to numerous risks (exchange hacks, fund freezes by the exchange or some government regulatory body, etc). That is why you should use one of the wallets we list below to store your digital assets. The safest option is a hardware wallet like Nano X but ZenGo is also a good choice, especially for newcomers.

Bottom Line
Pros
Cons
ZenGo
ZenGo
Mobile


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Bottom Line

ZenGoΒ is an easy iOS/Android Bitcoin & cryptocurrency wallet. Getting started takes less than 20 seconds.

Pros

extremely safe as it uses biometrics for security
you can buy crypto directly from it
has savings and staking account

Cons

No major flaws

Exodus
Exodus
Desktop


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Bottom Line

ElectrumΒ is one of the oldest and most popular desktop multi-currency wallets which is compatible with Windows, Mac, and Linux

Pros

One of the oldest wallets in the market
you can buy and stake directly from the wallet
supports all major coins and blockchains

Cons

Not completely open source

Ledger Nano X
Ledger Nano X
Hardware


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Bottom Line

Ledger Nano XΒ is a leading and most secure cold storage wallet that connects to your device via Bluetooth.

Pros

Safest wallet in the market
competitive price
supports a lot of coins
you can buy directly from the wallet
stake directly from the wallet

Cons

Small display
complicated to setup for newbies

Read also:

Established & high liquidity

Localbitcoins

LocalBitcoins

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, and more

Founded in 2012 in Finland by Nikolaus Kangas, LocalBitcoins represents one of the largest P2P (peer-to-peer) marketplaces online. Nicknamed as the β€œCraigslist” of Bitcoin, users can communicate and trade directly on the platform with one another. Bitcoin is the only currency supported by LocalBitcoins.

More info +

The numerous security measures (Escrow, Reputation System, etc.) make the platform a safe and reliable Bitcoin trading place. LocalBitcoins doesn’t use the usual brokerage business model. Instead, as a P2P network, it works by connecting sellers and buyers that are located in the same area. You post an ad on the website and state the exchange rate and the desired payment method. Users in the local area can reply to the advertisement and arrange a meet-up either online or in person. The whole process is pretty straightforward.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Free
⚑ Trading fees:
1%
⚑ Payment Methods:
SEPA, Wire Transfer, Paypal, WeChat, MoneyGram, Credit Card, Debit Card, etc.
⚑ Supported fiat:
USD, EUR, GBP, RUB, and more (most currencies)

Β  Various payment options
Β  One of the oldest P2P crypto exchanges
Β  Accessible worldwide
High liquidity

Many scammers join the platform
Fees are higher than usual

Trustworthy & high liquidity

kucoin logo

KuCoin

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – Β USD, EUR, GBP, AUD, CAD + 20 more

KuCoin is one of the leading exchanges in the crypto market. It was launched back in 2017 so it has been around long enough.

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KuCoin is more than just an exchange – it is a global crypto platform for all your digital currency trading, exchange, staking, and lending. KuCoin is based in Singapore. KuCoin supports more than 200 cryptocurrencies. It offers bank-level security, a slick interface, and beginner-friendly UX. KCS is a native currency of the exchange.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
0 – 16$ (average)
⚑ Trading fees:
0 – 0.1 %
⚑ Payment Methods:
Debit and Credit card, Apple and Google Pay
⚑ Supported fiat:
USD, EUR, GBP, AUD, CAD + 20 more

Β  A lot of (advanced) crypto services and features
Β  Low fees when compared to the main competitors
Β  Beginner-friendly interface

No fiat trading pairs
No bank deposits
Not regulated

Regulated & high liquidity

How to Buy Bitcoin in Guatemala?

Coinmama

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – High
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, CAD, AUD

Founded in 2013 in Israel, Coinmama is one of the oldest crypto exchanges in the business. With its current headquarters in Dublin, Ireland, this centralized cryptocurrency exchange allows its users to quickly and securely buy and sell cryptocurrencies.

More info +

Currently, 1.5 million users in over 150 countries worldwide use Coinmama’s services (excluding 11 states in the U.S). Coinmama is registered under The Financial Crimes Enforcement Network (FinCEN) in the United States.

⚑ Deposit fees:
0 – 5 %
⚑ Withdrawal fees:
None
⚑ Trading fees:
2.9 – 3.9 %
⚑ Payment Methods:
Bank Transfer (SEPA), SWIFT, Fedwire, Bank cards, Open Banking, Google Pay, Apple Pay, Skrill
⚑ Supported fiat:
USD, EUR, GBP, CAD, AUD

Β  Available almost worldwide
Β  Mobile App (Android and iOS)
Β  Good for Beginners
Good Support
Various payment methods

A small selection of available cryptocurrencies
Medium fees

Regulated & high liquidity

How to Buy Bitcoin in Guatemala?

Changelly

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 1 day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, JPY

ChangellyΒ is a trustable site that can be used to exchange between various cryptocurrencies.

More info +

Changelly was founded in 2013 in Prague, Czech Republic, by the same guys who established MinerGate, one of the largest mining pools that exist today, so it’s a reliable company. Within a year Changelly has managed to attractΒ over 100,000 users, which is really impressive. Changelly reached the 1,000,000 users milestone in April 2017, which shows how popular this cryptocurrency exchange website is becoming in such a short span of time.

⚑ Deposit fees:
Changelly does not have set fees due to the volatility of cryptocurrencies
⚑ Withdrawal fees:
None
⚑ Trading fees:
0.25%
⚑ Payment Methods:
Debit Card, Credit CardΒ 
⚑ Supported fiat:
USD, EUR, GBP

Β  Wide range of cryptocurrencies
Β  Low crypto-to-crypto exchange fees
Β  Easy to use

Not regulated in the U.S.
High fiat-to-crypto rates
Limited payment options

Frequently asked questions about buying Bitcoin in Guatemala

How do I buy Bitcoin in Guatemala❓

You can buy Bitcoin in Guatemala on any of the exchanges mentioned in this article.

Is Bitcoin available in Guatemala❓

Yes, Bitcoin is available in Guatemala.

Can I buy crypto in Guatemala with Coinbase❓

Yes, Coinbase is available in Guatemala.

Is there a bitcoin ATM in Guatemala❓

No, there are no Bitcoin ATMs in Guatemala.

Is Blockchain supported in Guatemala❓

Bitcoin technology is currently not regulated in Guatemala.

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