What are the options for buying cryptocurrency if you are under 18?
Nikolai LindbergMay 12, 2021 · 4 years ago3 answers
I am under 18 years old and interested in buying cryptocurrency. What are the different options available for me to purchase cryptocurrency legally and safely?
3 answers
- Nareshkumar boinaDec 15, 2021 · 3 years agoAs an individual under 18, there are a few options for buying cryptocurrency. One option is to ask a parent or guardian to make the purchase on your behalf. They can create an account on a reputable cryptocurrency exchange and buy the cryptocurrency for you. Another option is to use peer-to-peer trading platforms that allow users to buy and sell cryptocurrency directly from each other. These platforms may have age restrictions, so make sure to check the terms and conditions. Additionally, some cryptocurrency ATMs may allow you to buy cryptocurrency using cash without age restrictions. However, it's important to note that not all ATMs support this feature, so do your research before using one.
- James CofferFeb 07, 2022 · 3 years agoHey there! If you're under 18 and want to buy cryptocurrency, you have a few options. One option is to ask your parents or guardians to help you out. They can set up an account on a trusted crypto exchange and make the purchase for you. Another option is to use peer-to-peer trading platforms where you can find sellers who are willing to sell cryptocurrency to minors. Just make sure to follow the platform's rules and regulations. Lastly, some cryptocurrency ATMs allow you to buy crypto with cash, but not all of them have age restrictions. Make sure to find an ATM that suits your needs. Happy investing!
- Liubomyr ShmaliiSep 09, 2020 · 5 years agoIf you're under 18 and looking to buy cryptocurrency, there are a couple of options available to you. One option is to ask a parent or guardian to help you set up an account on a reputable cryptocurrency exchange. They can make the purchase on your behalf and transfer the cryptocurrency to your wallet. Another option is to explore peer-to-peer trading platforms that allow users to buy and sell cryptocurrency directly. These platforms may have age restrictions, so make sure to check the terms and conditions. Lastly, some cryptocurrency ATMs may allow you to buy cryptocurrency using cash without age restrictions. Just be aware that not all ATMs offer this feature, so it's important to do your research beforehand.
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