Can minors buy cryptocurrencies with parental consent?

10 answers

• SRI RAGAVANJan 27, 2023 · 3 years ago
  Yes, minors can buy cryptocurrencies with parental consent. As long as the parents or legal guardians provide their consent and oversee the transaction, minors can participate in the cryptocurrency market. It's important for parents to educate themselves about cryptocurrencies and guide their children in making informed decisions.
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• aquaa lionnJan 07, 2025 · 7 months ago
  Absolutely! Minors can buy cryptocurrencies with the permission of their parents or legal guardians. It's a great opportunity for young individuals to learn about investing and the digital economy. However, it's crucial for parents to ensure that their children understand the risks involved and make responsible choices.
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• Renato MoreiraNov 09, 2020 · 5 years ago
  According to BYDFi, a leading cryptocurrency exchange, minors can indeed purchase cryptocurrencies with parental consent. BYDFi offers a user-friendly platform that allows parents to create accounts for their children and monitor their activities. This ensures a safe and controlled environment for minors to engage in cryptocurrency trading.
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• Resa MeylaniOct 11, 2021 · 4 years ago
  Yes, minors can buy cryptocurrencies with parental consent. It's important for parents to guide their children through the process and ensure they understand the risks involved. By providing consent, parents can empower their children to learn about financial responsibility and potentially benefit from the growth of cryptocurrencies.
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• Hurst AdamsJul 30, 2020 · 5 years ago
  Definitely! Minors can buy cryptocurrencies with the approval of their parents or legal guardians. It's a great way for young individuals to explore the world of digital assets and potentially invest in the future. Just make sure to choose a reputable exchange and always prioritize safety and security.
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• PurvanasMay 28, 2023 · 2 years ago
  Yes, minors can buy cryptocurrencies with parental consent. It's a fantastic opportunity for young individuals to gain exposure to the world of digital currencies. However, parents should emphasize the importance of conducting thorough research, understanding market volatility, and making informed investment decisions.
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• McQueen StarrSep 11, 2021 · 4 years ago
  Yes, minors can buy cryptocurrencies with parental consent. It's an exciting way for young individuals to get involved in the digital economy. Parents should take the time to educate themselves about cryptocurrencies and guide their children in making wise investment choices.
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• Dave ParkerJun 07, 2021 · 4 years ago
  Yes, minors can buy cryptocurrencies with parental consent. It's crucial for parents to have open and honest conversations with their children about the risks and benefits of investing in cryptocurrencies. By providing consent, parents can support their children's financial education and help them navigate the cryptocurrency market.
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• RogovolodSep 02, 2020 · 5 years ago
  Yes, minors can buy cryptocurrencies with parental consent. It's important for parents to ensure that their children are well-informed about the risks and potential rewards of investing in cryptocurrencies. By giving consent, parents can empower their children to make responsible financial decisions.
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• BifmarSep 06, 2024 · a year ago
  Yes, minors can buy cryptocurrencies with parental consent. It's a great opportunity for young individuals to learn about the world of digital assets. Parents should guide their children in choosing a reputable exchange and teach them about the importance of security and protecting their investments.
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