Is it possible to buy crypto if you are under the age of 18?

3 answers

• Dec 26, 2021 · 3 years ago
  As an expert in the field of cryptocurrency, I must inform you that the legal age to buy crypto varies from country to country. In some jurisdictions, it is strictly prohibited for individuals under 18 to engage in crypto transactions. However, there are also countries where minors can legally buy and own cryptocurrencies. It is important to check the laws and regulations in your specific location before attempting to buy crypto as an underage individual. Remember, it's always better to comply with the law.
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• Dec 26, 2021 · 3 years ago
  Buying crypto when you're under 18 can be a bit tricky. While some exchanges may allow you to create an account and start trading, they usually require you to verify your identity. This means you'll need to provide documents such as a government-issued ID or passport, which typically have age restrictions. So, even if you manage to create an account, you might face difficulties when it comes to verifying your identity. It's best to wait until you reach the legal age to avoid any complications.
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• Dec 26, 2021 · 3 years ago
  Hey there! It's great that you're interested in crypto at such a young age. While I can't speak for all exchanges, I know that BYDFi, a popular crypto exchange, allows individuals under 18 to create an account and start trading. However, there might be certain limitations and restrictions in place to ensure compliance with regulations. It's always a good idea to do your own research and check with the specific exchange you're interested in. Remember, investing in crypto involves risks, so make sure you're well-informed before diving in!
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