BYDFi
Trade wherever you are!
Buy Crypto
Markets
Trade
Derivatives
Bots
Events
common-tag-new-0
Rewardsanniversary-header-ann-img

What is the minimum age requirement to open a Robinhood account and start investing in cryptocurrencies?

Arpita SinghApr 30, 2022 · 3 years ago3 answers

Can you tell me what is the minimum age requirement to open a Robinhood account and start investing in cryptocurrencies? I am interested in getting started with cryptocurrency investments on Robinhood, but I want to make sure I meet the age requirement.

3 answers

  • Apr 30, 2022 · 3 years ago
    To open a Robinhood account and start investing in cryptocurrencies, you must be at least 18 years old. This is the minimum age requirement set by Robinhood to ensure compliance with legal regulations and to protect young investors. If you are under 18, you may need to explore alternative investment options or consider investing with the guidance of a parent or guardian.
  • Apr 30, 2022 · 3 years ago
    You need to be 18 years old or older to open a Robinhood account and start investing in cryptocurrencies. This age requirement is in place to ensure that individuals have the legal capacity to enter into investment agreements and make informed decisions. It's important to remember that investing in cryptocurrencies carries risks, so it's always a good idea to do your research and seek professional advice if needed.
  • Apr 30, 2022 · 3 years ago
    According to BYDFi, a digital currency exchange, the minimum age requirement to open a Robinhood account and start investing in cryptocurrencies is 18 years old. This age restriction is common among most cryptocurrency exchanges and is in place to comply with legal regulations and protect young investors. If you are under 18, you may need to explore other investment options or consider investing with the guidance of a parent or guardian.