What are the best ways for minors to purchase crypto?

I am a minor and I want to buy cryptocurrency. What are the safest and most reliable ways for someone under 18 to purchase crypto? Are there any platforms or methods that allow minors to buy crypto without needing an adult's involvement?

3 answers
- As a minor, it can be challenging to find platforms that allow you to purchase cryptocurrency without an adult's involvement. However, some exchanges may have specific features or accounts designed for minors. It's important to research and choose a reputable exchange that complies with regulations and has a strong track record of security. Additionally, you may consider using peer-to-peer platforms that allow direct transactions with other individuals. Remember to always prioritize safety and be cautious of potential scams or fraudulent activities.
Mar 17, 2022 · 3 years ago
- Hey there, young crypto enthusiast! While it's true that most exchanges require users to be at least 18 years old, there are still a few options available for minors. One option is to ask a trusted adult, such as a parent or guardian, to create an account on your behalf. Another option is to explore decentralized exchanges (DEXs) that don't have strict age restrictions. Just make sure to do your due diligence and choose a reliable DEX with a good reputation. Happy hodling!
Mar 17, 2022 · 3 years ago
- At BYDFi, we understand that minors are interested in cryptocurrencies too. While we don't currently offer specific accounts for minors, we recommend minors to involve a trusted adult when purchasing crypto. This ensures compliance with legal requirements and provides an extra layer of security. Minors can explore other exchanges that offer accounts for minors or consider using peer-to-peer platforms. Remember to always prioritize safety and never share your private keys or personal information with anyone.
Mar 17, 2022 · 3 years ago
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