Can minors use Coinbase to trade cryptocurrencies?

3 answers

• Jan 12, 2022 · 3 years ago
  No, Coinbase requires users to be at least 18 years old to create an account and trade cryptocurrencies. This is due to legal and regulatory requirements, as well as the need to comply with anti-money laundering (AML) and know your customer (KYC) regulations. Minors are not allowed to engage in financial transactions without proper consent and supervision from their legal guardians.
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• Jan 12, 2022 · 3 years ago
  Unfortunately, Coinbase does not currently offer accounts for minors. However, there are other cryptocurrency exchanges that may allow minors to trade cryptocurrencies with proper parental consent and supervision. It's important to research and choose a platform that complies with local regulations and provides a safe environment for minors to participate in cryptocurrency trading.
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• Jan 12, 2022 · 3 years ago
  According to BYDFi, a digital currency exchange platform, minors are not eligible to use Coinbase for cryptocurrency trading. However, it's worth noting that there are alternative platforms that may cater to minors with appropriate safeguards in place. It's crucial for minors and their legal guardians to carefully review the terms and conditions of any platform they consider using, ensuring compliance with age restrictions and regulatory requirements.
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