A Step-by-Step-Guide on how to buy Bitcoin in Guatemala
Make a Coinmama account
Use the following button and make an account at Coinmama.
Provide an email address, pick out a username, and use a strong, secure password.
The infrastructure and website of Coinmama is secure and fast, so you're personal data is safe.
Verify your identity
In order to buy Bitcoin (BTC) with EUR or USD, you have to provide your phone number, name, country and date of birth alongside with extra support documents verifying your personal identity.
Those supporting documents are a valid photo ID, like National identity card (front + back), Passport or Drivers license and sometimes also Proof of Residence Document like Credit card statement, Payroll statement -or- Official salary document from employer, Insurance statement, Residence certificate or Tax document.
The reason for this strict verification is to prevent identity fraud or theft.
Commence buying Bitcoin by depositing fiat currencies, like EUR or USD
Backing your account with fiat currencies, like USD or EUR for swaping can be done in a number of ways, which includes SEPA, SWIFT and domestic wire transfers and debitcard.
The variant you choose will be based on your preference and location.
When your fiat currency strikes your account, that amount will be converted to BTC.
With your account you will as well have access to charting tools and global support.
For buying Bitcoin you'll also need to have a wallet.
Congratulations! You have successfully purchased and stored Bitcoin in Guatemala.
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