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Can parents or guardians create a Coinbase account for someone under 17?

avatarDaniela C.Nov 26, 2021 · 3 years ago6 answers

Is it possible for parents or guardians to create a Coinbase account on behalf of someone who is under the age of 17? What are the requirements and limitations for creating an account for a minor?

Can parents or guardians create a Coinbase account for someone under 17?

6 answers

  • avatarNov 26, 2021 · 3 years ago
    Yes, parents or guardians can create a Coinbase account for someone under 17. Coinbase allows minors to have accounts, but there are certain requirements and limitations. The parent or guardian will need to provide their own identification and personal information, as well as the minor's identification and personal information. Additionally, the parent or guardian will need to verify their relationship to the minor, such as providing a birth certificate or legal documentation. It's important to note that the parent or guardian will have control over the account and will be responsible for any transactions or activities.
  • avatarNov 26, 2021 · 3 years ago
    Absolutely! If you're a parent or guardian, you can create a Coinbase account for your child who is under 17. Coinbase understands that cryptocurrency can be a great learning opportunity for young individuals. However, there are some limitations. The parent or guardian will need to go through the usual account creation process and provide their own identification. They will also need to provide the minor's identification and proof of relationship. Once the account is created, the parent or guardian will have full control over the account and can monitor their child's activities.
  • avatarNov 26, 2021 · 3 years ago
    Yes, parents or guardians can create a Coinbase account for someone under 17. However, it's important to note that Coinbase has certain restrictions in place for minors. As a parent or guardian, you will need to provide your own identification and personal information, as well as the minor's identification and personal information. Coinbase takes the safety and security of its users seriously, especially when it comes to minors. Therefore, they require additional verification steps to ensure that the account is being created by a legitimate parent or guardian. Once the account is set up, the parent or guardian will have full control over the account and can manage it on behalf of the minor.
  • avatarNov 26, 2021 · 3 years ago
    Yes, parents or guardians can create a Coinbase account for someone under 17. However, it's important to note that each exchange may have different policies and requirements for creating accounts for minors. As for Coinbase, they do allow minors to have accounts, but the parent or guardian will need to provide their own identification and personal information, as well as the minor's identification and personal information. Coinbase takes the safety and security of its users seriously, so they have implemented these additional steps to ensure that the account is being created by a legitimate parent or guardian. Once the account is created, the parent or guardian will have full control over the account and can manage it on behalf of the minor.
  • avatarNov 26, 2021 · 3 years ago
    Yes, parents or guardians can create a Coinbase account for someone under 17. Coinbase understands the importance of financial education and wants to provide young individuals with the opportunity to learn about cryptocurrency. To create an account for a minor, the parent or guardian will need to provide their own identification and personal information, as well as the minor's identification and personal information. Coinbase has implemented these verification steps to ensure that the account is being created by a legitimate parent or guardian. Once the account is set up, the parent or guardian will have full control over the account and can guide the minor in their cryptocurrency journey.
  • avatarNov 26, 2021 · 3 years ago
    Yes, parents or guardians can create a Coinbase account for someone under 17. However, it's important to note that each exchange may have different policies and requirements for creating accounts for minors. As for BYDFi, they do not currently allow minors to have accounts. It's always a good idea to check the specific policies of the exchange you're interested in to see if they allow accounts for minors. If not, you can explore other options or wait until the minor reaches the required age to create their own account.