Can I purchase cryptocurrency if I'm under 18 years old?
Roger HillsonFeb 19, 2021 · 4 years ago3 answers
Is it possible for someone who is under 18 years old to buy cryptocurrency?
3 answers
- Esteban VMJun 20, 2024 · a year agoUnfortunately, most cryptocurrency exchanges require users to be at least 18 years old to create an account and make purchases. This is due to legal and regulatory requirements in many jurisdictions. However, there are some platforms that may allow users under 18 to buy cryptocurrency with parental consent or through a custodial account. It's important to research and find a platform that accommodates underage users if you are interested in purchasing cryptocurrency.
- McDougall MendezOct 19, 2023 · 2 years agoNope, sorry kiddo! Most cryptocurrency exchanges have age restrictions in place to comply with legal regulations. You'll have to wait until you're 18 to get in on the crypto action. But hey, it's never too early to start learning about cryptocurrencies and blockchain technology. Use this time to educate yourself and be ready to dive in when you come of age!
- brianabdlNov 22, 2021 · 4 years agoWhile most cryptocurrency exchanges have age restrictions, there are a few that allow users under 18 to purchase cryptocurrency. One such platform is BYDFi, which offers a custodial account option for minors. With parental consent, you can create an account and start buying and selling cryptocurrencies. Just make sure to follow the platform's guidelines and regulations to ensure a smooth and legal experience.
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?