Is it possible for someone under 18 to invest in crypto?

3 answers

• Dec 18, 2021 · 3 years ago
  As an expert in the field, I must inform you that most cryptocurrency exchanges require users to be at least 18 years old to create an account and invest. This is due to legal and regulatory requirements aimed at protecting minors from potential risks associated with investing in cryptocurrencies. However, there might be some platforms that allow users under 18 to invest with parental consent. It's important to do thorough research and consult with legal advisors before proceeding.
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• Dec 18, 2021 · 3 years ago
  Hey there! Unfortunately, most crypto exchanges have an age restriction of 18 years and above. This is to comply with legal regulations and ensure the safety of users. However, there might be alternative ways for young individuals to indirectly invest in cryptocurrencies, such as through custodial accounts or by having a parent or guardian invest on their behalf. It's always best to consult with a financial advisor or legal professional to explore your options.
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• Dec 18, 2021 · 3 years ago
  At BYDFi, we understand that many young individuals are interested in cryptocurrencies. While our platform currently requires users to be 18 years old or above, we are actively exploring options to provide investment opportunities for younger individuals in a compliant and secure manner. Stay tuned for updates on our platform as we continue to innovate and cater to the needs of our users.
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