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What is the minimum age requirement to purchase crypto?

avatarNduduzo NjencaneDec 25, 2021 · 3 years ago3 answers

What is the minimum age requirement for individuals to be able to purchase cryptocurrencies?

What is the minimum age requirement to purchase crypto?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The minimum age requirement to purchase cryptocurrencies varies depending on the country and the platform you are using. In most countries, the legal age to enter into a contract is 18 years old. Therefore, many cryptocurrency exchanges require users to be at least 18 years old to create an account and purchase cryptocurrencies. However, some platforms may have different age restrictions, so it's important to check the terms and conditions of the specific exchange you are using.
  • avatarDec 25, 2021 · 3 years ago
    To purchase cryptocurrencies, you generally need to be at least 18 years old. This is because most cryptocurrency exchanges require users to be of legal age to enter into a contract. However, there may be some platforms that allow individuals under 18 to purchase cryptocurrencies with parental consent. It's important to do your research and comply with the regulations in your country before engaging in cryptocurrency transactions.
  • avatarDec 25, 2021 · 3 years ago
    According to BYDFi, one of the leading cryptocurrency exchanges, the minimum age requirement to purchase crypto on their platform is 18 years old. This is in line with the legal age to enter into a contract in most countries. It's important to note that age requirements may vary between different exchanges, so it's always a good idea to check the terms and conditions of the specific platform you are using.