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Is there an age restriction for obtaining a Cash App card and using it for cryptocurrency purchases?

avatarAshutosh BhakareDec 17, 2021 · 3 years ago3 answers

I would like to know if there is any age restriction for obtaining a Cash App card and using it to make cryptocurrency purchases. Can minors use Cash App for buying cryptocurrencies? What are the requirements and limitations for using Cash App as a minor?

Is there an age restriction for obtaining a Cash App card and using it for cryptocurrency purchases?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there is an age restriction for obtaining a Cash App card and using it for cryptocurrency purchases. To use Cash App, you must be at least 18 years old. This is due to legal and regulatory requirements to prevent underage individuals from engaging in financial transactions involving cryptocurrencies. Minors are not allowed to use Cash App for buying cryptocurrencies. If you are under 18, you will need to wait until you reach the age requirement to use Cash App for cryptocurrency purchases.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Cash App has an age restriction in place to ensure compliance with legal and regulatory guidelines. You must be 18 years or older to obtain a Cash App card and use it for cryptocurrency purchases. This restriction is in place to protect minors from engaging in potentially risky financial activities. So, if you're under 18, you'll have to wait until you're of legal age to use Cash App for buying cryptocurrencies.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there is an age restriction for obtaining a Cash App card and using it for cryptocurrency purchases. According to Cash App's terms of service, you must be at least 18 years old to use their platform for buying cryptocurrencies. This age restriction is in place to ensure compliance with financial regulations and to protect minors from potential risks associated with cryptocurrency investments. If you're under 18, you'll need to explore alternative options for buying cryptocurrencies or wait until you meet the age requirement to use Cash App.