What are the requirements for opening a cryptocurrency account for individuals under 18?

3 answers

• Dec 24, 2021 · 3 years ago
  To open a cryptocurrency account for individuals under 18, you typically need to provide proof of identity, such as a passport or driver's license, and proof of address, such as a utility bill or bank statement. Additionally, you may need to provide proof of age, such as a birth certificate or student ID. Some cryptocurrency exchanges may also require a parent or guardian to co-sign the account or provide consent. It's important to check the specific requirements of the exchange you plan to use as they may vary.
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• Dec 24, 2021 · 3 years ago
  Opening a cryptocurrency account for someone under 18 usually requires similar documents as opening an account for an adult. These include proof of identity and proof of address. However, some exchanges may have additional requirements, such as parental consent or a minimum age limit. It's best to research the specific exchange's policies and procedures before attempting to open an account for a minor.
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• Dec 24, 2021 · 3 years ago
  At BYDFi, we understand the importance of financial education for young individuals. While we currently do not offer cryptocurrency accounts for individuals under 18, we encourage parents and guardians to educate their children about responsible financial practices. It's never too early to start learning about personal finance and investing. If you have any questions about financial education or cryptocurrency, feel free to reach out to us.
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