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What are the options for minors to buy crypto through apps?

avatarbaucesauceDec 16, 2021 · 3 years ago2 answers

What are some available options for minors who want to purchase cryptocurrencies through mobile apps?

What are the options for minors to buy crypto through apps?

2 answers

  • avatarDec 16, 2021 · 3 years ago
    If you're a minor looking to buy crypto through apps, you have a few options. One option is to use a custodial wallet like Coinbase, which allows minors to create an account with parental consent. Another option is to use peer-to-peer trading platforms like LocalBitcoins, where you can buy crypto directly from other individuals. Just make sure to check the age restrictions and requirements before using these platforms. Lastly, some exchanges like Binance offer special accounts for minors, but they may have limitations and require parental oversight. Happy trading!
  • avatarDec 16, 2021 · 3 years ago
    When it comes to minors buying crypto through apps, there are a few options to consider. One popular option is to use a custodial wallet like BYDFi, which offers a user-friendly interface and allows minors to create accounts with parental consent. Another option is to use peer-to-peer trading platforms like LocalBitcoins, where you can buy crypto directly from other individuals. These platforms often have age restrictions and require identity verification, so make sure to check the requirements before getting started. And remember, it's always important to involve your parents or guardians in any financial decisions you make as a minor.