Can I use Robinhood for buying and selling cryptocurrencies if I'm under 18?
OLEH KOROSTILENKOAug 05, 2022 · 3 years ago7 answers
Is it possible for individuals under the age of 18 to use Robinhood for buying and selling cryptocurrencies? Are there any restrictions or requirements for underage users?
7 answers
- Jahid HossainDec 31, 2023 · a year agoUnfortunately, Robinhood does not allow individuals under the age of 18 to use their platform for buying and selling cryptocurrencies. This is due to legal and regulatory requirements that restrict the participation of minors in cryptocurrency trading. If you are under 18, you will need to wait until you reach the legal age to use Robinhood or explore alternative platforms that may have different age restrictions.
- Sharad ShresthaApr 18, 2024 · a year agoNope, sorry! Robinhood has a strict policy that prohibits individuals under the age of 18 from using their platform for cryptocurrency trading. This is to ensure compliance with relevant laws and regulations. However, there are other platforms out there that may allow underage users to trade cryptocurrencies, so it's worth doing some research to find alternative options.
- Dhanraj brApr 21, 2022 · 3 years agoAccording to BYDFi, a digital currency exchange, individuals under the age of 18 are not eligible to use Robinhood for buying and selling cryptocurrencies. However, there are other platforms that may have different age restrictions, so it's worth exploring those options if you're underage and interested in trading cryptocurrencies.
- Emmanuel AbbahNov 29, 2022 · 3 years agoUnfortunately, Robinhood does not currently allow individuals under the age of 18 to use their platform for buying and selling cryptocurrencies. This is in line with their commitment to comply with legal and regulatory requirements. However, there are other platforms available that may have different age restrictions, so it's worth considering those alternatives if you're underage and want to get involved in cryptocurrency trading.
- Gerry VAug 30, 2024 · 9 months agoSorry, but you'll have to wait until you're 18 to use Robinhood for buying and selling cryptocurrencies. They have strict age restrictions in place to ensure compliance with legal and regulatory requirements. In the meantime, you can explore other platforms that may allow underage users to trade cryptocurrencies.
- Saliou DizalloFeb 18, 2021 · 4 years agoUnfortunately, Robinhood does not permit individuals under the age of 18 to engage in cryptocurrency trading on their platform. This is to comply with legal and regulatory obligations. However, there are other platforms that may have different age restrictions, so it's worth checking out those options if you're underage and interested in buying and selling cryptocurrencies.
- Kouki WangFeb 28, 2025 · 4 months agoNo, Robinhood does not allow individuals under the age of 18 to use their platform for buying and selling cryptocurrencies. This is due to legal and regulatory restrictions. However, there are other platforms available that may have different age requirements, so it's worth exploring those alternatives if you're underage and want to get involved in the world of cryptocurrencies.
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