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Can minors buy bitcoin?

avatarjohn girgisDec 28, 2021 · 3 years ago3 answers

Is it possible for individuals under the age of 18 to purchase bitcoin?

Can minors buy bitcoin?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    No, minors cannot buy bitcoin. In most countries, individuals under the age of 18 are not legally allowed to engage in financial transactions without parental consent. Since buying bitcoin involves a financial transaction, minors are generally prohibited from purchasing it. It's important to comply with legal regulations and ensure that only individuals of legal age participate in cryptocurrency transactions.
  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, minors are not permitted to buy bitcoin. The legal age for engaging in financial transactions varies by country, but generally, individuals under 18 are considered minors and are restricted from participating in such activities. It's crucial to adhere to these regulations and wait until you reach the legal age before buying bitcoin or any other cryptocurrency.
  • avatarDec 28, 2021 · 3 years ago
    As an expert in the field, I can confirm that minors are not allowed to buy bitcoin. It is essential to comply with legal requirements and ensure that only individuals of legal age engage in cryptocurrency transactions. If you are under 18, it is advisable to wait until you reach the legal age before considering purchasing bitcoin or any other digital asset.