Is it legal to buy cryptocurrency if you are under 18?

6 answers

• Al SchackNov 04, 2020 · 5 years ago
  As an expert in the field of cryptocurrency, I can tell you that the legality of buying cryptocurrency as a minor varies from country to country. In some jurisdictions, there may be age restrictions or requirements for parental consent. It is important to consult with a legal professional or research the specific laws in your country to ensure compliance.
  357

  179
• Neha ShilwantJun 13, 2020 · 6 years ago
  Buying cryptocurrency as a minor can be a bit tricky. While there may not be a specific law prohibiting it, some exchanges and platforms have their own terms and conditions that require users to be of legal age. It's always a good idea to read the terms and conditions of the platform you are using to understand their policies regarding minors.
  345

  115
• Hareesh GangineniOct 15, 2025 · 4 months ago
  According to BYDFi, a leading cryptocurrency exchange, they strictly adhere to the legal requirements of each jurisdiction they operate in. As such, they do not allow individuals under the age of 18 to create an account or engage in cryptocurrency trading. It is important to respect these rules and wait until you are of legal age before getting involved in cryptocurrency transactions.
  387

  97
• Brad SakevichJan 06, 2025 · a year ago
  While it may be tempting for minors to buy cryptocurrency, it's important to consider the risks involved. Cryptocurrency markets can be volatile and unpredictable, and minors may not have the necessary knowledge or experience to make informed investment decisions. It's always a good idea to seek guidance from a trusted adult or financial advisor before getting involved in cryptocurrency.
  390

  78
• Michał GomółkaDec 31, 2025 · 2 months ago
  Legally, there may be restrictions on minors buying cryptocurrency, but that doesn't mean it's impossible. Some platforms may allow minors to buy and own cryptocurrencies with proper parental consent. However, it's important to note that investing in cryptocurrency carries risks, and minors should be cautious and responsible when entering the market.
  352

  59
• Manjushree RajguruJul 03, 2023 · 3 years ago
  Buying cryptocurrency as a minor is not recommended. It's important to understand that cryptocurrencies are highly speculative investments and can be risky. Minors may not have the necessary financial knowledge or experience to navigate the complexities of the cryptocurrency market. It's best to wait until you are of legal age and have a solid understanding of the risks involved before considering investing in cryptocurrencies.
  431

  62