common-close-0
BYDFi
Trade wherever you are!

Can I use my parent's account to buy crypto if I'm under 18?

avatarFappyFeb 17, 2022 · 3 years ago3 answers

I'm under 18 years old and I want to buy cryptocurrency. Can I use my parent's account to make the purchase?

Can I use my parent's account to buy crypto if I'm under 18?
Crypto
Under 18
Parent's Account

3 answers

  • avatarFeb 17, 2022 · 3 years ago
    Yes, you can use your parent's account to buy cryptocurrency if they give you permission. However, it's important to note that some exchanges have age restrictions and may require you to be at least 18 years old to create an account. Make sure to check the terms and conditions of the specific exchange you plan to use.
  • avatarFeb 17, 2022 · 3 years ago
    No, it is not recommended to use your parent's account to buy cryptocurrency if you are under 18. Most exchanges have age restrictions in place and may require you to provide proof of identity and age. It's best to wait until you are of legal age and create your own account to avoid any potential issues.
  • avatarFeb 17, 2022 · 3 years ago
    As an expert in the cryptocurrency industry, I would advise against using your parent's account to buy cryptocurrency if you are under 18. It's important to follow the rules and regulations set by exchanges to ensure a safe and legal trading experience. Instead, consider learning about cryptocurrency and investing responsibly when you are of legal age.

Related questions

common-arrow-bottom-0Load 5 more related questions
common-search-0

Related Tags

Hot Questions