How can minors open a cryptocurrency brokerage account?

3 answers

• Dec 27, 2021 · 3 years ago
  Minors cannot open a cryptocurrency brokerage account on their own due to legal restrictions. However, they may be able to open an account with the help of a parent or guardian. The parent or guardian would need to open the account in their own name and then add the minor as an authorized user. This allows the minor to access and use the account under the supervision of the parent or guardian.
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• Dec 27, 2021 · 3 years ago
  Unfortunately, minors are not legally allowed to open a cryptocurrency brokerage account. The minimum age requirement for opening an account varies depending on the jurisdiction and the specific brokerage firm. It is important to comply with the legal requirements and regulations in your country or region. Minors can consider learning about cryptocurrency through educational resources and practice trading on simulated platforms until they reach the legal age to open a brokerage account.
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• Dec 27, 2021 · 3 years ago
  At BYDFi, minors are not eligible to open a cryptocurrency brokerage account. We strictly adhere to the legal requirements and regulations regarding account opening. Minors should consult with their parents or guardians and explore alternative ways to learn about cryptocurrency, such as educational courses or attending workshops. It is important to prioritize compliance with the legal requirements and protect the interests of minors in the cryptocurrency space.
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