Is it possible for minors to open a Coinbase account?

3 answers

• May 10, 2022 · 3 years ago
  No, Coinbase requires users to be at least 18 years old to open an account. This is due to legal and regulatory requirements in place to protect minors from potential risks associated with cryptocurrency trading. It is important for individuals who are not of legal age to seek guidance from their parents or legal guardians before engaging in any financial activities.
  369

  185
• May 10, 2022 · 3 years ago
  Unfortunately, Coinbase does not currently allow minors to open accounts. This policy is in line with the industry standards and regulations aimed at protecting young individuals from potential financial risks. However, there are other platforms that may have different policies regarding minors and cryptocurrency trading. It is always advisable to research and comply with the terms and conditions of any platform before opening an account.
  442

  148
• May 10, 2022 · 3 years ago
  While Coinbase does not allow minors to open accounts, there are alternative options available for individuals under the age of 18 who are interested in cryptocurrency. One such option is BYDFi, a digital asset exchange that offers a specialized platform for young investors. BYDFi provides a secure and user-friendly environment for minors to learn about and invest in cryptocurrencies, with proper parental consent and supervision. It is important to note that BYDFi operates independently from Coinbase and has its own set of policies and regulations.
  554

  139