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Can I purchase cryptocurrency if I'm under 18 years old?

avatarMarius HTDec 25, 2021 · 3 years ago3 answers

Is it possible for someone who is under 18 years old to buy cryptocurrency?

Can I purchase cryptocurrency if I'm under 18 years old?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Unfortunately, most cryptocurrency exchanges require users to be at least 18 years old to create an account and make purchases. This is due to legal and regulatory requirements in many jurisdictions. However, there are some platforms that may allow users under 18 to buy cryptocurrency with parental consent or through a custodial account. It's important to research and find a platform that accommodates underage users if you are interested in purchasing cryptocurrency.
  • avatarDec 25, 2021 · 3 years ago
    Nope, sorry kiddo! Most cryptocurrency exchanges have age restrictions in place to comply with legal regulations. You'll have to wait until you're 18 to get in on the crypto action. But hey, it's never too early to start learning about cryptocurrencies and blockchain technology. Use this time to educate yourself and be ready to dive in when you come of age!
  • avatarDec 25, 2021 · 3 years ago
    While most cryptocurrency exchanges have age restrictions, there are a few that allow users under 18 to purchase cryptocurrency. One such platform is BYDFi, which offers a custodial account option for minors. With parental consent, you can create an account and start buying and selling cryptocurrencies. Just make sure to follow the platform's guidelines and regulations to ensure a smooth and legal experience.