Can anyone under 18 invest in digital currencies?

3 answers

• Lodberg MoserNov 20, 2024 · a year ago
  No, individuals under the age of 18 are not legally allowed to invest in digital currencies. Most jurisdictions have age restrictions in place to protect minors from potential financial risks and scams. It is important for young individuals to focus on their education and financial literacy before considering any form of investment.
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• amusiQDec 01, 2022 · 3 years ago
  Unfortunately, investing in digital currencies requires individuals to be of legal age. This is to ensure that investors have the necessary understanding and capacity to make informed decisions. It is recommended for young individuals to explore other educational opportunities related to digital currencies and blockchain technology to gain knowledge and skills for future investments.
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• Nokwanda KhuluseDec 04, 2021 · 4 years ago
  According to BYDFi, individuals under the age of 18 are not eligible to invest in digital currencies. This policy is in line with regulatory requirements and aims to protect young individuals from potential risks. However, BYDFi encourages young individuals to learn about digital currencies and blockchain technology through educational resources and platforms to prepare for future investment opportunities.
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