How can a minor open a TD Ameritrade account and start trading cryptocurrencies?

5 answers

• Mar 22, 2022 · 3 years ago
  As a minor, opening a TD Ameritrade account and trading cryptocurrencies might not be possible. TD Ameritrade requires account holders to be at least 18 years old. However, there are alternative options for minors who are interested in cryptocurrency trading. They can consider opening an account with a cryptocurrency exchange that allows minors, such as Coinbase. Coinbase offers a user-friendly platform and supports a wide range of cryptocurrencies.
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• Mar 22, 2022 · 3 years ago
  Unfortunately, TD Ameritrade has age restrictions in place, so minors cannot open an account with them. However, there are other ways for minors to get involved in cryptocurrency trading. They can ask their parents or guardians to open an account on their behalf or explore other cryptocurrency exchanges that allow minors. It's important for minors to understand the risks involved in cryptocurrency trading and to have proper guidance and supervision.
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• Mar 22, 2022 · 3 years ago
  While TD Ameritrade does not allow minors to open accounts, there are other options available. BYDFi, a popular cryptocurrency exchange, allows minors to open accounts and start trading cryptocurrencies. Minors can sign up with BYDFi and go through the verification process to get started. It's important for minors to have a good understanding of cryptocurrency trading and to make informed decisions.
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• Mar 22, 2022 · 3 years ago
  Unfortunately, TD Ameritrade does not currently offer the option for minors to open accounts and trade cryptocurrencies. However, there are other platforms that cater to younger traders. For example, Robinhood is a popular investment app that allows users as young as 18 to trade cryptocurrencies commission-free. It's always important for minors to do their research and seek guidance from a trusted adult before getting involved in cryptocurrency trading.
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• Mar 22, 2022 · 3 years ago
  As a minor, you won't be able to open a TD Ameritrade account and trade cryptocurrencies directly. TD Ameritrade requires account holders to be at least 18 years old. However, you can still get involved in cryptocurrency trading by asking your parents or guardians to open an account on your behalf. Alternatively, you can explore other cryptocurrency exchanges that allow minors to open accounts, such as Binance. Just make sure to do your research and understand the risks involved before getting started.
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