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What are the ways to buy and sell crypto if you're under 18?

avatarLogan ChenDec 25, 2021 · 3 years ago3 answers

I am under 18 years old, but I want to buy and sell cryptocurrencies. What options do I have to participate in the crypto market?

What are the ways to buy and sell crypto if you're under 18?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    As an underage individual, participating in the crypto market can be challenging. However, there are a few options available to you. One option is to ask a parent or guardian to open an account on your behalf. They can then buy and sell cryptocurrencies for you. Another option is to use peer-to-peer trading platforms that allow users to trade directly with each other. These platforms may have less strict age restrictions compared to traditional exchanges. Additionally, you can explore decentralized exchanges (DEXs) that do not require user verification. However, it's important to note that using DEXs may come with higher risks and limited trading options.
  • avatarDec 25, 2021 · 3 years ago
    Hey there! So you're under 18 but still want to get into the crypto game? Well, you've got a couple of options. First, you can ask your parents or a trusted adult to help you out. They can create an account on a crypto exchange and make trades on your behalf. Another option is to use peer-to-peer platforms where you can directly trade with other individuals. These platforms might have less strict age requirements. Lastly, you can explore decentralized exchanges (DEXs) where you can trade without going through the usual verification process. Just keep in mind that DEXs can be riskier and may have limited options.
  • avatarDec 25, 2021 · 3 years ago
    If you're under 18 and looking to buy and sell crypto, you have a few options. One option is to have a parent or guardian open an account on your behalf. They can then handle the buying and selling for you. Another option is to use peer-to-peer trading platforms that allow users to trade directly with each other. These platforms may have more relaxed age restrictions compared to traditional exchanges. Additionally, you can explore decentralized exchanges (DEXs) that don't require user verification. However, be aware that DEXs can be riskier and may have lower liquidity compared to centralized exchanges.