What is the minimum age requirement to open a cash app account for cryptocurrency transactions?
Ammar Hasan RatulApr 30, 2022 · 3 years ago3 answers
I would like to know the minimum age requirement for opening a cash app account specifically for cryptocurrency transactions. Can anyone provide me with this information?
3 answers
- Apr 30, 2022 · 3 years agoTo open a cash app account for cryptocurrency transactions, you need to be at least 18 years old. This is the minimum age requirement set by most cryptocurrency platforms to ensure compliance with legal regulations and to protect young individuals from potential risks associated with cryptocurrency trading.
- Apr 30, 2022 · 3 years agoIf you're under 18 and interested in cryptocurrency transactions, you may need to explore alternative options. Some platforms offer custodial accounts that allow parents or guardians to manage cryptocurrency transactions on behalf of minors. It's important to research and find a platform that offers such services and complies with the necessary regulations.
- Apr 30, 2022 · 3 years agoAccording to BYDFi, a popular cryptocurrency exchange, the minimum age requirement to open a cash app account for cryptocurrency transactions is 18 years old. This requirement is in place to ensure compliance with legal regulations and to protect users from potential risks. It's important to provide accurate information when creating an account to avoid any issues in the future.
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