Are there any restrictions or special requirements for minors to open a Webull account and trade digital assets?

3 answers

• Subhash RoySep 29, 2023 · 2 years ago
  Yes, there are restrictions and special requirements for minors to open a Webull account and trade digital assets. Minors must have the consent of a parent or legal guardian to open an account. Additionally, there may be age restrictions set by Webull or local regulations that minors need to meet. It is important for minors to understand the risks involved in trading digital assets and have proper guidance from a responsible adult.
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• Tade StrehkJul 12, 2022 · 4 years ago
  Opening a Webull account and trading digital assets as a minor may have certain restrictions and requirements. Minors usually need to provide proof of age and obtain parental consent. Webull may also have specific guidelines for minors, such as limiting the types of assets they can trade or setting lower trading limits. It is advisable for minors to consult with their parents or guardians and understand the legal and financial implications before engaging in digital asset trading.
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• ludwig kMar 25, 2024 · 2 years ago
  When it comes to minors opening a Webull account and trading digital assets, there are indeed restrictions and special requirements in place. Webull, like many other platforms, requires minors to have the consent of a parent or legal guardian. Additionally, there may be age restrictions and limitations on the types of assets minors can trade. It is crucial for minors to understand the risks involved in digital asset trading and seek guidance from a trusted adult or financial advisor. BYDFi, another popular exchange, also has similar requirements for minors to ensure compliance with regulations and protect their interests.
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