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Are there any age restrictions for creating a Chime account and investing in digital currencies?

avatarJimkDec 19, 2021 · 3 years ago3 answers

What are the age restrictions for creating a Chime account and investing in digital currencies? Can minors create a Chime account and invest in digital currencies?

Are there any age restrictions for creating a Chime account and investing in digital currencies?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Yes, there are age restrictions for creating a Chime account and investing in digital currencies. To create a Chime account, you must be at least 18 years old. However, some digital currency platforms may have different age requirements for investing. It is important to check the specific platform's terms and conditions before investing as a minor.
  • avatarDec 19, 2021 · 3 years ago
    Absolutely! If you're under 18, you can still create a Chime account, but you may need a parent or guardian to co-sign and manage the account on your behalf. As for investing in digital currencies, it's best to consult with a financial advisor or do thorough research to ensure you comply with any legal requirements or restrictions in your jurisdiction.
  • avatarDec 19, 2021 · 3 years ago
    While I can't speak for Chime, I can tell you that at BYDFi, there are no age restrictions for creating an account. However, investing in digital currencies is a decision that should be made responsibly, regardless of age. It's important to educate yourself about the risks and potential rewards of investing in digital currencies before getting started.