common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

What strategies can underage individuals use to obtain crypto assets?

avatarNishan GurungNov 26, 2021 · 3 years ago3 answers

What are some effective strategies that individuals under the legal age can use to acquire cryptocurrency assets?

What strategies can underage individuals use to obtain crypto assets?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    As an expert in the field of cryptocurrency, I would advise underage individuals to explore peer-to-peer trading platforms. These platforms allow users to directly trade with each other, bypassing the need for age verification on centralized exchanges. However, it is important to exercise caution and ensure the legitimacy of the trading partners. Additionally, participating in airdrops and bounty programs can be another way for underage individuals to obtain crypto assets. These programs often reward participants with tokens for completing certain tasks or promoting projects. It's important to research and verify the legitimacy of these programs before participating. Remember, always prioritize safety and legality when acquiring crypto assets.
  • avatarNov 26, 2021 · 3 years ago
    Hey there! If you're underage and looking to get your hands on some crypto assets, one option is to ask a trusted adult, such as a parent or guardian, to purchase them for you. Another strategy is to explore decentralized exchanges (DEXs), which typically have fewer restrictions and may not require age verification. Just be sure to do your research and choose a reputable DEX. Additionally, some online platforms allow users to earn crypto assets by completing tasks or surveys. Keep in mind that it's important to comply with local laws and regulations regarding cryptocurrency ownership and trading. Happy investing!
  • avatarNov 26, 2021 · 3 years ago
    At BYDFi, we understand that individuals under the legal age may be interested in acquiring crypto assets. While we cannot condone or support any activities that violate legal requirements, we encourage young individuals to explore educational resources and learn about the blockchain technology behind cryptocurrencies. This knowledge will be valuable in the future when they reach the legal age to participate in the crypto market. Remember, it's important to always comply with local laws and regulations and prioritize legal and safe ways of obtaining crypto assets.