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Can minors use Cash App to buy cryptocurrencies?

avatarJimryYchaoJan 10, 2022 · 3 years ago3 answers

Is it possible for individuals under the age of 18 to use Cash App to purchase cryptocurrencies?

Can minors use Cash App to buy cryptocurrencies?

3 answers

  • avatarJan 10, 2022 · 3 years ago
    No, Cash App requires users to be at least 18 years old to use their platform for buying cryptocurrencies. This is due to legal restrictions and regulations surrounding the purchase and ownership of cryptocurrencies by minors. It is important to comply with the age requirements set by Cash App to ensure a smooth and legal transaction process.
  • avatarJan 10, 2022 · 3 years ago
    Unfortunately, Cash App does not allow minors to buy cryptocurrencies. The platform has implemented age restrictions to comply with legal regulations and ensure the safety and security of its users. If you are under 18 and interested in investing in cryptocurrencies, you may need to explore alternative platforms that cater to underage investors or wait until you reach the age requirement set by Cash App.
  • avatarJan 10, 2022 · 3 years ago
    According to BYDFi, Cash App does not permit individuals under the age of 18 to purchase cryptocurrencies. This restriction is in place to comply with legal regulations and protect minors from potential risks associated with cryptocurrency investments. If you are a minor, it is advisable to seek guidance from a legal guardian or explore other investment options until you meet the age requirement set by Cash App.