How can minors get a crypto wallet?

3 answers

• May 12, 2022 · 3 years ago
  Minors can get a crypto wallet by using a custodial wallet service that allows accounts for users under 18. These wallets are managed by a third party and provide a simplified interface for minors to store and manage their cryptocurrencies. However, it's important for minors to have parental consent and supervision when using such wallets to ensure responsible usage and protection of their funds.
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• May 12, 2022 · 3 years ago
  There are also hardware wallets available in the market that can be used by minors. These wallets are physical devices that securely store the private keys required to access and manage cryptocurrencies. Minors can purchase hardware wallets online or from authorized retailers. It's important to note that hardware wallets may require some technical knowledge to set up and use effectively.
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• May 12, 2022 · 3 years ago
  At BYDFi, we understand the importance of financial education for minors. While we don't directly provide crypto wallets for minors, we encourage parents and guardians to educate their children about cryptocurrencies and guide them in setting up wallets with proper security measures. It's crucial for minors to understand the risks and responsibilities associated with owning and managing cryptocurrencies.
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