Do you find yourself in Guatemala and you want to know how you can market bitcoins and use them to cancel products and services? In this article we will talk about the ecosystem of the cryptocurrencies in this american territory.To date, in Guatemala the use of the cryptocurrencies is legal, so there is no regulation that prohibits the use of bitcoins, nor are there limits on the amount of trading that a user can perform. It is important to consider that although the president of the Central Bank of Guatemala, Sergio Recinos, said in 2017 the cryptocurrencies can not be considered as legal tender coins in the country, there is no reported formal about it, so that it is assumed that can be used in the guatemalan territory without major drawbacks.
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Where to buy bitcoins
As in other markets, the price of the cryptocurrencies in this territory is constantly fluctuating, so that the price to pay will be different according to the broker or exchange platform on which to negotiate. In addition account should be taken of the committees that are to be loaded in the operation.Although the trading volume of bitcoins in Guatemala is not as important as in other countries of the american continent, in this nation there are alternatives to making the purchase and sale of the criptoactivo. Here also works the platform like LocalBitcoins, which offers exchange possibilities for those customers who want to buy or sell bitcoins with the local currency, the quetzal of guatemala (GTQ).However, it presents the limitation that there are not many options for trading on LocalBitcoins, since the platform reports that users of a few cities make life in the negotiation, being the capital, Guatemala city, which has the largest amount of bidders.To buy bitcoins on Localbitcoins with quetzales, the person has to register on the web and observe, in the shopping section of the country, the list of users that are selling bitcoins, the prices at which they are negotiating, and the means of payment they accept. The recommendation in these operations, it is always check out the reputation of the user who is going to negotiate, to avoid possible frauds.On the other hand, also has the local option of the platform Lynx, which although is not a house of change, is a web site that offers the purchase and sale of bitcoins in that country. To use it, the interested party must also register on the website, look for the section of bitcoin and proceed with the transactions related to trade, remittances, and the purchase and sale of bitcoins, from anywhere in the world in quetzales.The guatemalans can also use the platform CryptoCurrency 10, which provides not only the purchase and sale of BTC, but also the purchase and sale of all kinds of goods, which can be paid for with cryptocurrencies.Another possibility is to buy and sell bitcoins in Guatemala is with the broker Coinmama, specializing in the sale of criptoactivos through the use of credit and debit cards (Visa or Master Card). This platform allows you to purchase cryptocurrencies from almost any country. In addition, it is also possible to use the platforms VirWox, eToro or Paxful IQ Option, Bittrex, or Bitstamp. In some of them the users can buy bitcoins using PayPal.To the guatemalans it is also possible to acquire cryptocurrencies in cash, to use the only atm of bitcoin that exists in Guatemala. According to CoinATMRadar this atm is located in Antigua Guatemala. In this country also they can take advantage of offers to exchange gift cards from Netflix, Amazon, iTunes and BestBuy with Paxful.
Payments with bitcoins
According to the data of the web site coinmap.org there are several sites where you can make payments with BTC, the majority of them located in the capital, Guatemala city, Guatemala. Although there are others in the city of Quetzaltenango, northwest of the country, and in the department of Escuintla. In this way, it will be accepted cryptocurrencies as a method of payment in several stores located in these localidades.De similarly, from the 2013 you can donate with bitcoin to the University Francisco Marroquin, a private institution with headquarters in the capital, as detailed in your Internet page, in which you show the link to make payment by this mode.On the other hand, in the hospitality industry, they accept payments with bitcoins in, at least, four hotel networks. Villa Orotava, Antigua Guatemala; Riviera de Atitlan at Atitlan; and the hotels, Vacation Villas and Villas in Los Cabos, in Monterrico, support payments cryptocurrencies.
Legality of bitcoin in Guatemala
As noted above, in Guatemala there is no legal norm regulating the use of the cryptocurrencies. For this reason, the authorities of the government of Guatemala, on several occasions, have reiterated that they are not legal tender coins. However, in the absence of an available officer on the subject, it is assumed that may continue to be marketed in the guatemalan territory without major impediments.On this, the authorities of the central bank of guatemala has been recommended to the users to find out afinadamente the decision to invest in cryptocurrencies, in addition to be aware that these investment alternatives are not suitable or for money laundering, nor to the creation of financial bubbles.