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Asset × Country · Legal Status

How to Trade Monad (MON) in Guatemala

STATUSUnclear REGULATORBanco de Guatemala CLASSCrypto

Getting Monad exposure from Guatemala takes a wallet and USDC; the legal status and rail-by-rail detail follow.

Monad · MON-PERPCrypto · Guatemala
Price · 24h—
Max leverage5x
Funding · APR—
In GuatemalaAvailable
Canborsa fee0.07% per side
Monad in Guatemala · at a glance
Unclear
legal statusMonad exposure from Guatemala
5x
max leverageMonad on Canborsa
0.07%
0.14% round-tripCanborsa fee per side
1h
funding intervalSettled while a position is open
What the law actually says

Is Monad trading legal in Guatemala?

Guatemala is the opposite shape of problem from most restricted countries: nothing prohibits crypto, and nothing regulates it either. The three statutes that make up Guatemala's monetary, foreign-exchange and anti-money-laundering perimeter, taken from Banco de Guatemala's own 2025 compilation of current law, contain not one occurrence of the words virtual, cripto, bitcoin or activo digital between them.

What the Ley Monetaria (Decreto 17-2002) does establish is that the national monetary unit is the Quetzal and that only Banco de Guatemala may issue notes and coin inside the Republic, which settles the narrow question a reader coming from neighbouring El Salvador will ask: crypto is not legal tender in Guatemala. Article 6 then does something that matters more for private dealing than the legal-tender point does.

What the contract is

The contract itself does not change by geography: a MON perpetual settles in USDC everywhere.

Regulator — Guatemala
RegulatorBanco de Guatemala
Websitewww.banguat.gob.gt
CryptoUnclear
Funding · local rails

How to fund a trade from Guatemala

The routes traders use to reach USDC before a deposit.

Rails · deposit routes
Rail
Status
Note
International bank transfer / foreign-currency wire
LIMITS
Legally free under Decreto 94-2000, but whether Guatemalan banks actually accept payments to crypto venues is unconfirmed.
Foreign-currency account (domestic bank or bank abroad)
LIMITS
Legally free to hold foreign-currency accounts at home or abroad, but bank-level acceptance policy is unconfirmed.
Availability · by platform

Platforms that offer Monad perps in Guatemala

11 venues open Monad perps to traders in Guatemala.

Platform
Sign-up
Max lev
Taker fee
ApeX
Browser Wallet Non-custodial
50x
0.05%
Aster
Browser Wallet Non-custodial
—
0.04%
Avantis
Browser Wallet Non-custodial
10x
0.045%
dYdX
Browser Wallet Non-custodial
5x
0.05%
Ethereal
Browser Wallet Non-custodial
5x
0.03%
gTrade
Browser Wallet Non-custodial
150x
0.035%
Helix
Browser Wallet Non-custodial
5.5x
0.0001%
Hyperliquid
Browser Wallet Non-custodial
5x
0.045%
Lighter
Browser Wallet Non-custodial
5x
0%
Pacifica
Browser Wallet Non-custodial
3x
0.04%
Paradex
Browser Wallet Non-custodial
5x
0%

How to start trading Monad from Guatemala

Four steps from sign-up to an open position.

01
01.

Sign up on Canborsa with email, X or a wallet

No document upload to open the account. Canborsa is non-custodial: your collateral stays under your own keys until a position opens.

Email X Wallet
02
02.

Fund the account with USDC

Deposit USDC over Canton, Robinhood Chain, Ethereum, Base, BNB Chain or Arbitrum. Canborsa takes no fiat, so buying the USDC happens wherever you normally buy stablecoins.

→Robinhood Chain
03
03.

Open MON-PERP

Pick MON in the markets list. The ticket shows the live price, the current funding rate and max leverage 5x .

MON-PERPPerpetual · USDC marginLONG
04
04.

Choose Buy / Long, then set size and leverage

Buying $1,000 of MON at 5x uses $200 of collateral. Higher leverage moves the liquidation price closer to your entry: your exposure is the position size, whatever margin you posted. Set a stop-loss below your entry before you walk away.

Position · PnLexamplePnL: $3,425.52|+53.6%

Frequently asked questions

Can I legally trade MON while living in Guatemala?›

Trading Monad from Guatemala: not clearly regulated.

Who regulates MON markets in Guatemala?›

Banco de Guatemala.

What identity verification is required for MON in Guatemala?›

For Monad traders in Guatemala: Guatemala's Decree No. 15-2026 requires virtual asset service providers to verify each customer's identity using reliable, independent documentation.

How do I deposit funds to trade Monad in Guatemala?›

Guatemala traders can fund Monad positions using International bank transfer / foreign-currency wire and Foreign-currency account (domestic bank or bank abroad).

Keep exploring
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Canborsaperp dex · canton›dYdX reviewplatform · profile›Ethereal reviewplatform · profile›Avantis reviewplatform · profile›gTrade reviewplatform · profile›
Monad · Guatemala

Trade Monad from Guatemala

0.07% per side
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